EUR/USD
Member Since Jul 10, 2014
1117 posts
Dec 10, 2015 at 12:26
(edited Dec 10, 2015 at 12:26)
csc2009 posted:victoriajensen posted:
EUR/USD is still testing the resistance at 1.0980. It's possible it will form a double top here and move to the downside again, or if it breaks above that level it will continue climbing towards 1.1050 - 1.1100.
So far, 1.10 level is still holding, we are looking for next target zone 1.105-1.110.
The pair did almost reach 1.1050 and bounced off that resistance. I think the move to the downside will continue at least until it reaches the next support which is at 1.0910.
Member Since Sep 12, 2015
1948 posts
Dec 10, 2015 at 12:33
10944 is an area of resistance,but it could be temporary,yeah we almost hit the 1050 level,that could be the next test.
"They mistook leverage with genius".
Member Since Sep 12, 2015
1948 posts
Dec 10, 2015 at 18:33
We should sit around this area until we get major news,short positions have been squeezed buying euro to cover,slightly bullish on the longer time frames if we get a bounce off the 10900 level,I will be looking to go long.
"They mistook leverage with genius".
forex_trader_278441
Member Since Oct 04, 2015
52 posts
Dec 10, 2015 at 19:41
To the LONGS, are you still doing okay ?????😎
Member Since Jun 08, 2014
454 posts
Dec 10, 2015 at 19:55
victoriajensen posted:csc2009 posted:victoriajensen posted:
EUR/USD is still testing the resistance at 1.0980. It's possible it will form a double top here and move to the downside again, or if it breaks above that level it will continue climbing towards 1.1050 - 1.1100.
So far, 1.10 level is still holding, we are looking for next target zone 1.105-1.110.
The pair did almost reach 1.1050 and bounced off that resistance. I think the move to the downside will continue at least until it reaches the next support which is at 1.0910.
I agree with you most probably the price will continue dropping till support line.The only two possible rebound points which can stop the price I see are 1.0900 and 1.0870.
Member Since Sep 12, 2015
1948 posts
Dec 10, 2015 at 21:03
Im long at 10932,stop loss 10930,spike down but not through the lower BB my reason for entry,support area I noticed at 10933,of course I prefer a push through BB. I see a possible resistance at 10972.
"They mistook leverage with genius".
Dec 11, 2015 at 08:37
On Thursday, the euro recorded a decrease against the US dollar. The session started at 1.1024, but afterwards followed downtrend and the pair ended at 1.0939. The graphics continue to develop above the moving averages, while the index of relative strength remained at neutral territory. If the pair meet negative expectations, as expected, the downward trend will continue.
Member Since Jul 10, 2014
1117 posts
Dec 11, 2015 at 16:20
EUR/USD failed to break above 1.1040 again and I doubt it will succeed in doing that before the market closes today. Either way, all eyes will be on FED next week waiting for their rate decision announcement and until then nothing is certain.
Member Since Sep 12, 2015
1948 posts
Dec 11, 2015 at 16:34
You could be right,everyone likes to get home early on a friday,i assume they closed out after the last spike,we could still see a slow steady climb.The trend is looking positive on the longer time frames.
"They mistook leverage with genius".
Member Since Sep 12, 2015
1948 posts
Dec 11, 2015 at 16:41
alexforex007 posted:
The EURUSD is staying at current levels, but with the FED decision next week it may go back down and the ECB is not really over with injecting more stimulus.
Just what Mario said :we will keep doing what we are doing because its having a positive effect.
"They mistook leverage with genius".
Member Since Jun 08, 2014
454 posts
Dec 11, 2015 at 17:45
EUR/USD rebounded back to over 1.100, price need to close above this level for the week.
Member Since Apr 08, 2014
1141 posts
Dec 11, 2015 at 19:14
Yesterday the EURUSD fell with a narrow range and close near the low of the day plus within the previous day range, suggesting a consolidation for day.
The pair is closed for a second day above the 50-day moving average confirming the phase change, going from bearish to a recovery phase.
The key levels to watch are the 1.1097 (resistance), a 200-day moving average at 1.1082 (resistance), the 50-day moving average at 1.0877 (support), 1.0900 (support) and 1.0819 (support).
The pair is closed for a second day above the 50-day moving average confirming the phase change, going from bearish to a recovery phase.
The key levels to watch are the 1.1097 (resistance), a 200-day moving average at 1.1082 (resistance), the 50-day moving average at 1.0877 (support), 1.0900 (support) and 1.0819 (support).
"I trade to make money not to be right."
Member Since Oct 11, 2013
775 posts
Dec 11, 2015 at 23:33
The EURUSD is still in that range between the 1.0900 and the 1.1000. No reason to move out of it yet.
Member Since Oct 02, 2014
909 posts
Dec 12, 2015 at 16:58
Interesting week is about to unfoldddd..
Positivity
Member Since May 04, 2012
1608 posts
Dec 13, 2015 at 00:32
(edited Dec 13, 2015 at 00:34)
arigoldman posted:
Interesting week is about to unfoldddd..
No doubt... Some will be richer and some will be poorer... Lets the gamble begin!
'Faites vos jeux, messieurs!' (i.e. 'Make your bets, gentlemen!') - as you would hear in the Casino of Monte Carlo...
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Dec 13, 2015 at 08:22
victoriajensen posted:
EUR/USD failed to break above 1.1040 again and I doubt it will succeed in doing that before the market closes today. Either way, all eyes will be on FED next week waiting for their rate decision announcement and until then nothing is certain.
The pair continue with bullish trend but gains capped by 1.1050 level, the only thing is certain next week will be increasing volatility.
