EUR/USD
forex_trader_137597
Member Since Jul 04, 2013
88 posts
Nov 27, 2015 at 09:53
you nailed it Kieran, Thanks I am trading that position too. Thanks!
Member Since Jul 10, 2014
1117 posts
Nov 27, 2015 at 13:31
EUR/USD is currently testing the support at 1.0565 but I doubt it will break below that level before the market closes today.
Member Since Jun 08, 2014
454 posts
Nov 27, 2015 at 19:29
Almost no movement today on the EUR/USD only 15 pip movement till now.
Member Since Sep 12, 2015
1948 posts
Nov 28, 2015 at 11:48
This gap might close down to 10565,if we break through this we would be looking to 10500.
see what data comes out,we will get a few pull backs on the way down
see what data comes out,we will get a few pull backs on the way down
"They mistook leverage with genius".
Member Since Oct 02, 2014
909 posts
Nov 29, 2015 at 12:08
Expecting more downward movement.
Positivity
Nov 30, 2015 at 07:43
On Friday session the single currency didn;t mark any significant change against the dollar. The euro ended the session at 1.0598, which technically was the third consecutive negative performance and led EUR/USD to the red territory for the week. Current attitudes remain negative, but a break of the support at 1.0520 will give a chance for testing levels at 1.0460. Very imporatnat fundamentals this week will influence the pair – the meeting of the ECB and labor market data from the US.
Member Since Apr 08, 2014
1141 posts
Nov 30, 2015 at 08:57
On Friday session the EURUSD went back and forward with a narrow range and closed in the red near, in the middle of the daily range also closing within previous day range, suggesting that the pair turn into a consolidation mode and maybe bottom out.
The 10-day moving average continues to push the currency down acting as a strong resistance.
The key levels to watch are the 1.0819 (resistance), a Fibonacci extension at 1.0703 (resistance), the 10-day moving average at 1.0629 (resistance), 1.0622 (Support), and 1.0462 (support).
The 10-day moving average continues to push the currency down acting as a strong resistance.
The key levels to watch are the 1.0819 (resistance), a Fibonacci extension at 1.0703 (resistance), the 10-day moving average at 1.0629 (resistance), 1.0622 (Support), and 1.0462 (support).
"I trade to make money not to be right."
Member Since Jul 10, 2014
1117 posts
Nov 30, 2015 at 15:07
(edited Nov 30, 2015 at 15:19)
A further move to the downside is inevitable, but range may continue until the ECB press-conference or the US change in Non-farm Payrolls later this week.
Member Since Jun 08, 2014
454 posts
Nov 30, 2015 at 17:17
EUR/USD dropped under support line 1.0600 in the beginning of the week and we are having an important week ahead the market will have lots of volatility.
Member Since May 20, 2011
724 posts
Nov 30, 2015 at 21:54
You don't need to watch EURUSD we already know it is going down, the real one to watch is Gold.
Dec 01, 2015 at 08:08
On Monday session EUR/USD continued the negative performance for the fourth consecutive day. Ahead of the ECB meeting and expected further monetary stimulus, the euro fell by 25 pips and closed at 1.0563. During the whole session the single currency couldn’t break the key level at 1.0600. The sentiment is still negative and potential break of 1.0460 will intensify the bears presence.
Dec 01, 2015 at 09:26
There is an increasing probability of Eur/Usd getting covered in a huge trading range of about 100 - 200 pips as markets have overshoot themselves with the dual expectations of FED tightening & ECB easing. Chances are if the ECB dissapoints even by a whisker, the short covering rally may last a little bit long with the euro inching towards 1.0900 / 1.1000 levels
Member Since Apr 08, 2014
1141 posts
Dec 01, 2015 at 10:26
Yesterday the EURUSD fell making a new lower low although with a narrow range and closed in the red at the middle of the daily range, suggesting a shy pullback to the 10-day moving average.
However the 10-day moving average continues to push the currency down acting as a strong resistance.
The key levels to watch are the 1.0819 (resistance), a Fibonacci extension at 1.0703 (resistance), the 10-day moving average at 1.0627 (resistance), 1.0622 (Support), and 1.0462 (support).
However the 10-day moving average continues to push the currency down acting as a strong resistance.
The key levels to watch are the 1.0819 (resistance), a Fibonacci extension at 1.0703 (resistance), the 10-day moving average at 1.0627 (resistance), 1.0622 (Support), and 1.0462 (support).
"I trade to make money not to be right."
