To use chat, please login.
Back to contacts
bewayopa
Mar 16 2015 at 15:44
372 posts
EUR/USD fell on Friday and made a new low to reach 1,0460.
Then recovered to trade again above 1,0500.
The short, medium and long term is negative and a move below 1.0460 will take the pair up to 1,0360 minimum of 8 January 2003.
However caution is recommended as the RSI went out of their oversold territory with a positive divergence with price.
The MACD is above its signal line pointing up.
https://bewayopa.wordpress.com/

victoriajensen
Mar 16 2015 at 18:04
1117 posts
Consolidation continued for EUR/USD today after the pair formed a doji candlestick on the four hour filter chart above the support at 1.0490 and climbed over 100 pips. The pair is likely headed for 1.08 or even 1.10, but I doubt this is the end of the bearish trend.

Abdul2012
Mar 16 2015 at 20:44
413 posts
The EUR/USD climbed to 1.0619 after opening from 1.0484 today and i hope that uptrend continue to the 1.1000 soon.

CrazyTraderfx (CrazyTrader)
Mar 16 2015 at 21:04
1718 posts
Trading forex is much more simple that it appears, the secret is to forget ego. Too much 'I think', 'I hope', 'In my opinion', 'According to me', 'I doubt'... all these dirty thoughts lead to faillure, as market is the only one which is right 100% of time.

Also it looks like a lot of traders are confused by 'market is breathing' & 'market is rallying'

csc2009
Mar 16 2015 at 22:15
834 posts
Eur/Usd's upward corrective movement extend further, but lost it's strength when reach the daily high of 1.0618. The bearish trend will likely resume with a break below the 1.0550 level.

peeterwoolf
Mar 16 2015 at 23:31
230 posts
csc2009 posted:
Eur/Usd's upward corrective movement extend further, but lost it's strength when reach the daily high of 1.0618. The bearish trend will likely resume with a break below the 1.0550 level.


I agree with your analysis, upward potential has lost momentum, couldn't stay above 1.06 level.

nonynek12 (nonynek12)
Mar 17 2015 at 08:20
17 posts
euro rises throughout the day .. response to the ECB?

Duane Shepherd (DRFXTRADING)
Mar 17 2015 at 08:24
169 posts

My projection based on the Pennant and Trend Line Breakouts.




Consolidation Breakouts move quickly so the target of 0.8230 likely to be hit a few months time.


Duane

Attachments:


Trade Less, Earn More
ScalpingRus
Mar 17 2015 at 08:27
116 posts

You see two blue colored boxes...
If the bid of EU closes across the price of 1.05892 on the 5m BEFORE touching the price of 1.05556 then EU is back to a scalp and breakout buy. Until the price of 1.05875 is closed across then EU is not a scalp buy. At the moment I am only looking to buy EU, and after today's increase in price I have profited over 40% by simply buying.
Please be advised that until EU closes across 1.05892 on the 5m then it remains as a scalp sell.

Read more:

ScalpingRus
Mar 17 2015 at 08:57
116 posts
Recalculation
The current bid price on eu is 1.05671 on the 5m. If the bid closes above 1.05679 that would make EU a scalp buy to the next pivot level which is 1.06375

Please login to comment .