Aug 02 2016 at 06:48
hiii eveyone can u tell me its eu break 1.200 i ts possbile which best time to short order...please advice me thankyou
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.
The pair consolidates gains after fresh high, bullish momentum is likely to continue as long as the pair stays above 1.1200 region. Next resistance level can be found around 1.1235/50 zone.
The single currency justified the positive expectations and continued the positive momentum from the last week. As a result, EUR/USD broke the first resistance at 1.1219, and the session closed around these levels.
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.
The euro gained positions against the dollar on Tuesday. The session started at a price of 1.1160, while the euro gained 61 pips. The maximum of the day was reached at the rate of 1.1233 shortly before the end of trading.
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.
Key levels to watch for today:
Support: 1.0950; 1.0909;
Resistance: 1.1219; 1.1290.
Support: 1.0950; 1.0909;
Resistance: 1.1219; 1.1290.
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.
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.
The EUR/USD is lower today trading at 1.1140. Down some 100 pips from this weeks high of 1.1235. The pair would be heavily impacted by the long-awaited NFP and unemployment data scheduled for tomorrow.
Rosentray, please let me know which EA are you using to get Pips from EUR/USD, I am new to this trading, and I am a cancer patient, I need money for my treatment, please help me to buy good EA
Aug 04 2016 at 10:45
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.
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.
The euro marked slight decrease against the dollar on Thursday. The single currency lost some ground for a second day, but the pair failed to break the support at 1.0950. If the negative momentum continu, this level will be overcome.
The EUR/USD appears to be consolidating ahead of the NFP and unemployment data scheduled for later today.
Aug 06 2016 at 10:08
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!
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.
Aug 06 2016 at 12:58
Good move last week for the US dollar.
Positivity
