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Wassim Azhari (Wassim)
Dec 28 2015 at 10:57
14 posts
What do you use for your analysis, and where do you think it will drop to?

To me I still think the pair is bullish and will reach the 1.1800 level.

kieran (snapdragon1970)
Dec 28 2015 at 15:01
1943 posts
We wont know for sure until the start of the month when money is reinvested by the big players.

"They mistook leverage with genius".
Dec 28 2015 at 16:27
1117 posts
I think that EUR/USD is bound for the downside, but it's likely it will continue climbing for a little while longer until it reaches 1.1040 at best before it starts plunging again.

Dec 28 2015 at 16:40
413 posts
The EUR/USD tried to climb today but rebound from Fibonacci 1.0993 and i see no interesting news this week. Strong buy in the market today.

Dec 28 2015 at 18:28
454 posts
EUR/USD is trading around the open price I think it is normal as it is still the holiday season I doubt much volatility will be on the pair

kieran (snapdragon1970)
Dec 28 2015 at 21:21
1943 posts
Wassim posted:
snapdragon1970 posted:
Wassim posted:
The EUR/USD drop since 2008 is a correction of the uptrend from October 2000. i believe the pair will not drop any lower, and if it does it will be minimum.

I am bullish on the pair for the next 5 years or so.

Same here,bullish on the Euro,watch my video on the Fed...

where can i find the video?

The link is in VIP videos section New Traders'the mind set of the FED'.

"They mistook leverage with genius".
Dec 28 2015 at 23:42
834 posts
The pair is consolidating just below 1.100, the level seems to be a strong psychological resistance level, break above it would lead to next target 1.1045/55 zone.

Dec 29 2015 at 07:21
675 posts
The single currency remained practically unchanged against the US dollar at a level of 1.0965. The graphics continued to develop above the moving averages, while the index of relative strength remained at neutral territory. The peak was reached at 1.0992 and the bottom at 1.0958. The outlook remains positive, as an immediate target are levels at 1.0975.

Dec 29 2015 at 14:02
1117 posts
EUR/USD reached the resistance at 1.0990 - 1.1000, failed to break above that level and fell sharply. The pair will likely reach the support at 1.0900, and if it breaks out below that level it will continue towards the next support at 1.0800.

kieran (snapdragon1970)
Dec 29 2015 at 14:15
1943 posts
stocks are to open higher,wall street under pressure to deliver a year end rally,crude oil futures are going up,I expect a bounce off this 900 level,how long it will last is questionable .

"They mistook leverage with genius".
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