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EUR/USD
Member Since Feb 19, 2014
61 posts
Aug 02, 2016 at 06:51
Member Since Feb 24, 2016
277 posts
The EUR/USD is holding steady for it's highest gains since Wednesday last week. The pair reached a high of 1.1197 last week and is now trading at 1.1185. Bulls are not ready to give up as they are facing a strong resistance at current market price. If we get a break and a close above 1.12 then we might be in for a good bull rally.
Aug 03, 2016 at 07:33
Member Since Feb 24, 2016
277 posts
The EUR/USD is trading somewhat lower in today's session after yesterday's high of 1.1233. The pair is now 1.1211. No fundamentals are expected today. On Friday, however, the NFP and unemployment will be the most anticipated event of the month.
Aug 03, 2016 at 08:36
Member Since Apr 09, 2016
421 posts
EUR/USD had a bullish momentum yesterday, closing above key resistance 1.1200. Overall I still prefer a bearish scenario but this made me stay away for now and wait for a new model. The bias is bullish for testing the lower line of the bullish price channel, localized around 1.1300. A clear break and daily close above that area could lead to further upward pressure to test 1.1400. The first support is at 1.1170/50, whose breach can reactivate the downward pattern for testing 1.1070/50 or lower.
Aug 03, 2016 at 16:21
Member Since Apr 09, 2016
421 posts
The dollar strengthened on Wednesday, rebounding from a six-week low, reached in the previous session, as investors closed positions ahead of Friday's US employment report, excluding the agricultural sector, which should help determine the timing of the next increase of the Fed rate. The euro fell by 0.46 percent against the dollar to $ 1.1173.
Aug 04, 2016 at 05:06
Member Since May 01, 2015
675 posts
The single currency marked a decrease against the US dollar on Wednesday. The euro failed to keep gains, accumulated in the previous session . The break of resistance at 1.1290 was postponed, but the pair most likely will test it in case the bullish sentiment prevail.
Member Since Jul 10, 2014
1117 posts
Aug 04, 2016 at 10:45
Member Since Jul 10, 2014
1117 posts
The pair is testing 1.1130 and a breakout below that level will likely lead to a further drop to 1.1100. That said, we can expect major volatility due to the fundamentals today and tomorrow.
Aug 05, 2016 at 02:18
Member Since Apr 09, 2014
834 posts
victoriajensen posted:
The pair is testing 1.1130 and a breakout below that level will likely lead to a further drop to 1.1100. That said, we can expect major volatility due to the fundamentals today and tomorrow.
So far the level is still holding, the pair is still ranging within negative territory. I'm expecting lots volatility today but I don't think we will see below the 1.1000 level for now.
Member Since Jul 23, 2016
6 posts
Aug 06, 2016 at 12:58
(edited Aug 06, 2016 at 13:04)
Member Since Feb 24, 2016
277 posts
HommaMunehisa posted:rosentray posted:
The EUR/USD appears to be consolidating ahead of the NFP and unemployment data scheduled for later today.
From what sources you publish forecasts and analytics?
Thank you!
I make my own forecasts and analyses.
Member Since Oct 02, 2014
909 posts
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