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EUR/USD
Member Since Sep 12, 2015
1948 posts
Nov 06, 2015 at 12:22
Member Since Sep 12, 2015
1948 posts
Watch for spikes in both directions around key levels,saddle trades watch out.
"They mistook leverage with genius".
forex_trader_137597
Member Since Jul 04, 2013
88 posts
Nov 06, 2015 at 13:11
Member Since Jul 04, 2013
88 posts
'The following are the expectations for today's NFP data as provided by the economists at 12 major banks along with some thoughts on the US unemployment rate into the event as provided by the FX strategists at these banks. Surprisingly, all 12 banks see NFP to post strong number in October with unemployment rate set to fall further southwards.'
This says asomething
This says asomething
Member Since Jul 10, 2014
1117 posts
Nov 06, 2015 at 16:37
Member Since Jul 10, 2014
1117 posts
The NFP finally pushed the pair below 1.0800. I think we can expect EUR/USD to keep falling at least until it reaches the previous lows at 1.0520 and 1.0462.
forex_trader_137597
Member Since Jul 04, 2013
88 posts
Nov 06, 2015 at 16:44
Member Since Jul 04, 2013
88 posts
victoriajensen posted:
The NFP finally pushed the pair below 1.0800. I think we can expect EUR/USD to keep falling at least until it reaches the previous lows at 1.0520 and 1.0462.
You always have the best view of all so I will trust you on this one
Member Since Oct 27, 2014
53 posts
Member Since Jun 08, 2014
454 posts
Member Since Nov 12, 2010
174 posts
Member Since Oct 02, 2014
909 posts
Member Since Jul 10, 2014
1117 posts
Nov 07, 2015 at 12:13
Member Since Jul 10, 2014
1117 posts
tommy2308 posted:victoriajensen posted:
The NFP finally pushed the pair below 1.0800. I think we can expect EUR/USD to keep falling at least until it reaches the previous lows at 1.0520 and 1.0462.
You always have the best view of all so I will trust you on this one
Thank you, I am glad if I can be of any help.
That said, trust first and foremost your own opinion.
Member Since Oct 11, 2013
775 posts
Member Since Apr 08, 2014
1141 posts
Nov 09, 2015 at 09:10
Member Since Apr 08, 2014
1141 posts
On Friday session the EURUSD plunged with a wide range and closed well in the red near the low of the day.
The pair breached below a daily support signaling that the bears are in control and the price may continue the downward trend although we may see a pullback before another push downward.
The key levels to watch are the 1.0900 (Resistance), the 10-day moving average at 1.0898 (resistance) 1.0819 (support), a Fibonacci extension at 1.0703 (Support) and 1.0622 (Support).
The pair breached below a daily support signaling that the bears are in control and the price may continue the downward trend although we may see a pullback before another push downward.
The key levels to watch are the 1.0900 (Resistance), the 10-day moving average at 1.0898 (resistance) 1.0819 (support), a Fibonacci extension at 1.0703 (Support) and 1.0622 (Support).
"I trade to make money not to be right."
Nov 09, 2015 at 09:23
Member Since May 01, 2015
675 posts
Euro registered fifth negative against the dollar on Friday and thus the price reached six-month low. The single currency depreciated by 140 pips to 1.0743 after the good data on the labor market in the US dollar supported and strengthened speculation about raising interest rates in December. EUR/ USD found support at 1.0708, but the outlook remains negative. Possible correction of the downward trend in the short term may resume bears interest.
Member Since Jul 10, 2014
1117 posts
Nov 09, 2015 at 18:11
Member Since Jul 10, 2014
1117 posts
For now we're seeing some retracement for EUR/USD which is normal after the incredible drop last week. The pair has currently found some resistance at 1.0780 but if it breaks above that level it will probably reach 1.0820.
Member Since Jun 08, 2014
454 posts
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