EUR/USD

Jun 17, 2012 at 11:03
183,672 Views
9,776 Replies
tommy2308
forex_trader_137597
Member Since Jul 04, 2013   88 posts
Nov 06, 2015 at 11:44
We could reach 1.0750 today easily if NFP is High
Member Since Sep 12, 2015   1948 posts
Nov 06, 2015 at 12:22
Watch for spikes in both directions around key levels,saddle trades watch out.
"They mistook leverage with genius".
tommy2308
forex_trader_137597
Member Since Jul 04, 2013   88 posts
Nov 06, 2015 at 13:11
'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
Member Since Apr 09, 2014   834 posts
Nov 06, 2015 at 14:43
The pair is trading quietly around 1.087 zone ahead of NFP, we should expect volatility after NFP release.
Member Since Jul 10, 2014   1117 posts
Nov 06, 2015 at 16:37
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.
tommy2308
forex_trader_137597
Member Since Jul 04, 2013   88 posts
Nov 06, 2015 at 16:44
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
Nov 06, 2015 at 16:47
is it possible that it go upp to 1.08190 befor it turn ?
Member Since Jun 08, 2014   454 posts
Nov 06, 2015 at 17:15
EUR/USD is dropping again, breaking the low of July 1.0810 next level is low of April at 1.0665.
Member Since Jun 08, 2014   413 posts
Nov 06, 2015 at 19:06
The EUR/USD rebound from the support level at 1.0710 after the NFP. But next week we will have another story to follow up.
Member Since Nov 12, 2010   174 posts
Nov 06, 2015 at 23:57
csc2009 posted:
The pair is trading quietly around 1.087 zone ahead of NFP, we should expect volatility after NFP release.

You posted this after the release, why? What is the point?
See my profile or message me for my latest EA
Member Since Oct 02, 2014   909 posts
Nov 07, 2015 at 10:18
Long way downnn
Positivity
Member Since Jul 10, 2014   1117 posts
Nov 07, 2015 at 12:13
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
Nov 09, 2015 at 03:12
Big drop on the EURUSD and more drops may continue during the upcoming week, but some pullbacks may show up on the way down.
Member Since Apr 08, 2014   1141 posts
Nov 09, 2015 at 09:10
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).
"I trade to make money not to be right."
Member Since May 01, 2015   675 posts
Nov 09, 2015 at 09:23
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.
tommy2308
forex_trader_137597
Member Since Jul 04, 2013   88 posts
Nov 09, 2015 at 13:45
Possible rate cut by ECB in December, that can drop the pair even lower this same week
Member Since Apr 09, 2014   834 posts
Nov 09, 2015 at 15:25
The likelihood of the Fed will raise interest rates in December is the main source of downside pressure on Eur/Usd. Break below 1.0706, would wide open the door to the next psychological level at 1.06.
Member Since Jul 10, 2014   1117 posts
Nov 09, 2015 at 18:11
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   413 posts
Nov 09, 2015 at 18:53
Lazy Monday for the EUR/USD today, I think that i will wait the US retail Sales this Friday.
Member Since Jun 08, 2014   454 posts
Nov 09, 2015 at 21:36
Not much of movement on the EUR/USD today, after last week's drop it was expected.
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