EUR/USD
Member Since Oct 02, 2014
909 posts
Oct 25, 2015 at 07:49
It hit support zone.
Positivity
Oct 26, 2015 at 09:38
The single currency recorded a decline against the dollar on Friday. The session started at 1.1107 and ended 96 pips lower. The graphics continued to develop under the moving averages, while the index of relative strength remained in the oversold area. For now, the bears are leading, but the ongoing movement will need a break of the first resistance.
Member Since Apr 08, 2014
1141 posts
Oct 26, 2015 at 11:48
On Friday session the EURUSD fell with a narrow range and close in the red near the low of the day breaking thru the 200-day moving average like a knife in butter on a summer day.
After Friday strong downward move, we may expect today a small pullback to the 200-day moving average before another push downward.
The key levels to watch are 1.1097 (Resistance), the 200-day moving average at 1.1076 (resistance) and 1.0900 (support).
After Friday strong downward move, we may expect today a small pullback to the 200-day moving average before another push downward.
The key levels to watch are 1.1097 (Resistance), the 200-day moving average at 1.1076 (resistance) and 1.0900 (support).
"I trade to make money not to be right."
Member Since Sep 12, 2015
1948 posts
Oct 26, 2015 at 13:56
The push is downward,Europe wants parity or close to it,cheap goods for export,kickstart this economy.
"They mistook leverage with genius".
forex_trader_29148
Member Since Feb 11, 2011
1916 posts
Oct 26, 2015 at 15:10
the problem with europe and canada (less) is that they are socalist countries ,never seen one that succeded
forex_trader_29148
Member Since Feb 11, 2011
1916 posts
Oct 26, 2015 at 15:10
as soon as the us gets rid of the socialist an put back a better governent the economy will jack up very fast
Member Since Jul 10, 2014
1117 posts
Oct 26, 2015 at 18:12
EUR/USD bounced off the support at 1.1000 today and consolidation continued. I doubt it will manage to break below that level before the FOMC rate decision announcement on Wednesday.
Member Since Jun 08, 2014
454 posts
Oct 26, 2015 at 22:37
The market is so calm before Wednesday's FOMC statement.
forex_trader_137597
Member Since Jul 04, 2013
88 posts
Oct 27, 2015 at 06:51
rob559 posted:Sorry we are not Socialist countries, We have socialist aspects , but we are very happy with that, More security and security. You must be from the US with such a wrong statement. There are socialist aspects like Social welfare and Universal education and Medical services, but the eocnomy works in a totally capiltalist way. So we do not want an agressive system like in the US where many people have no rights. Purely Capitalist is no good for us.
the problem with europe and canada (less) is that they are socalist countries ,never seen one that succeded
forex_trader_137597
Member Since Jul 04, 2013
88 posts
Oct 27, 2015 at 06:52
tommy2308 posted:rob559 posted:Sorry we are not Socialist countries, We have socialist aspects , but we are very happy with that, More security and security. You must be from the US with such a wrong statement. There are socialist aspects like Social welfare and Universal education and Medical services, but the eocnomy works in a totally capiltalist way. So we do not want an agressive system like in the US where many people have no rights. Purely Capitalist is no good for us.
the problem with europe and canada (less) is that they are socalist countries ,never seen one that succeded
Off topic, We can discuss this in another thread, No intention of arguing;)
forex_trader_137597
Member Since Jul 04, 2013
88 posts
Oct 27, 2015 at 06:54
EURUSD will test 1.10 support today In my opinion
Member Since Sep 12, 2015
1948 posts
Oct 27, 2015 at 07:08
Most likely will get a bounce just before,then a falling knife after.
"They mistook leverage with genius".
forex_trader_137597
Member Since Jul 04, 2013
88 posts
Oct 27, 2015 at 07:11
Well that could depend on Rate Hke or not? US does not want the EURUSD further down
forex_trader_278441
Member Since Oct 04, 2015
52 posts
Oct 27, 2015 at 07:13
I agree with the most of you... it will stay in consultation between 1.10--- and 1.11--- range till Thursday.
In the meantime possibility to swing trade a bit. But for the real breakouts we will have to wait at the FOMC ....
- Let's make some money! -
In the meantime possibility to swing trade a bit. But for the real breakouts we will have to wait at the FOMC ....
- Let's make some money! -
forex_trader_137597
Member Since Jul 04, 2013
88 posts
Oct 27, 2015 at 07:13
EVery time the DOllar gets very high or strong, we end up in a war in middle East, watch out, when USD hits its peak, The US starts a big War. This will be with the next president, most probably a republican one
forex_trader_29148
Member Since Feb 11, 2011
1916 posts
Oct 27, 2015 at 07:19
sherifFares posted:
The market is so calm before Wednesday's FOMC statement.
the calm before.......
Member Since Oct 11, 2013
775 posts
Oct 27, 2015 at 07:23
The EURUSD rallying close to the 1.1100 level but the downtrend is still in place and it may try to go back down to the 1.1000 level.
