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EUR/USD
Member Since Jun 08, 2014
454 posts
Sep 01, 2015 at 19:27
EUR/USD is testing again 1.1291 I don't think we will see a start of a trend before this weekly fundamentals.
Member Since Jul 10, 2014
1114 posts
Sep 01, 2015 at 20:00
sherifFares posted:
EUR/USD is testing again 1.1291 I don't think we will see a start of a trend before this weekly fundamentals.
I too highly doubt that will happen but the pair might still break above that resistance and reach 1.1400.
Member Since Nov 11, 2012
253 posts
Sep 01, 2015 at 21:03
CrazyTrader posted:takechance posted:
Just a few weeks back EUR was being considered as doomed currency and reaching parity soon. Today it has become the safe haven. Fundamental analysis......LOL
You are just unaware of massive world changes
He he...you back again baby? Learn how to read sarcasm. From which country you are?
antariks1@
Sep 02, 2015 at 07:44
The euro registered a second successful session against the dollar on Tuesday. The single currency justified the positive expectations, partly recovering from the losses last week. The pair recorded peak for the day at 1.1331 and tested the resistance at 1.1329. Despite the attack, the key level didn’t break through, but short-term indicators remain in favor of the euro. Tuesday session started at price of 1.1209 and bulls prevailed. The session ended at a price of 1.1313.
Member Since Apr 08, 2014
1140 posts
Sep 02, 2015 at 08:11
Yesterday the EURUSD pair rose on a wide range day and closed in the green near the high of the day, shy below the 10-day moving average. The currency did not managed to close above the 10-day moving average so until it closes above we may expect some consolidation but a breakdown of previous day low at 1.1207 could accelerate the bearish trend.
"I trade to make money not to be right."
Member Since Nov 11, 2012
253 posts
Sep 02, 2015 at 09:10
This pullback to the north is temporary. When China and global stock markets will stabilize it will fall at a faster rate.
antariks1@
Member Since Jun 08, 2014
454 posts
Sep 02, 2015 at 16:58
Tomorrow is the ECB press conference and the interest rate decision The market will have a high volatility.
Member Since Jul 10, 2014
1114 posts
Sep 02, 2015 at 19:36
(edited Sep 02, 2015 at 19:38)
Indeed, EUR/USD is back to testing the support at 1.1240 but I doubt anything will come of it before the ECB rating decision tomorrow.
Member Since Jan 14, 2010
2279 posts
Sep 03, 2015 at 00:40
it is testing 1.1210 right now. Pull back to 1.1240 and right PA I might get in. But I am afraid I am too late.
Member Since Jan 14, 2010
2279 posts
Sep 03, 2015 at 00:45
If e/u is indeed going down the most logical support below is 1.1160-1.11110
Sep 03, 2015 at 06:39
The euro depreciated against the dollar on Wednesday. Upward momentum was interrupted, and the break of resistance at 1.1329 was postponed. If negative move continues in the future, the couple will most likely overcome the support at 1.1105 and will test the level of 1.1016. The session started at a price of 1.1312 as the bear trend prevailed throughout. Bottom of the day was hit at 1.1216 shortly before the end of trading. The session closed at a rate of 1.1225.
Member Since Sep 02, 2015
2 posts
Sep 03, 2015 at 06:42
EURUSD is dooown to 1.11800 (32.8 fibo, H1) 😇
What do you mean?
What do you mean?
Member Since Apr 08, 2014
1140 posts
Sep 03, 2015 at 08:43
Yesterday the EURUSD pair fell on a narrow range day, creating an inside day and closed well in the red near the low of the day. The currency failed once again to close above the 10-day moving average but all eyes now turn to the ECB Interest rate decision and monetary policy statement and press conference that should stay unchanged.
"I trade to make money not to be right."
Member Since Jun 08, 2014
454 posts
Sep 03, 2015 at 17:03
ECB kept the interest rate as it is and increased the issue share limit from 25% to 33%, EUR USD reacted to the move of the ECB and fell to reach 1.090 which is a strong support line and rebounded from there. still tomorrow there is the NFP.
Sep 03, 2015 at 18:12
Abdul2012 posted:
The EUR/USD fell today after the US Dollar pushes higher as China concerns ease, but tomorrow ECB will move the market.
The EUR/USD dropped more than 120 pip in an hour today, and that is what i was talking about, happy hunting day.
Member Since Apr 08, 2014
1140 posts
Sep 04, 2015 at 09:29
Yesterday the EURUSD pair fell on a wide range day and closed well in the red near the low of the day, shy above the 200 and 50-day moving averages. The currency fell after the ECB revised down the GDP and inflation forecasts for 2015-2017. Today we have the Nonfarm payrolls which are expected to rise to 220K in August from the 215K in July. A breakdown of the daily resistance 1.1097 would set ground for a further fall to daily support at 1.0900.
"I trade to make money not to be right."
