EUR/USD
Wassim Azhari
(Wassim)
Member Since Nov 19, 2015
14 posts
Dec 28 2015 at 10:57
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.
To me I still think the pair is bullish and will reach the 1.1800 level.
wassim.azhari1@
kieran
(snapdragon1970)
Member Since Sep 12, 2015
1943 posts
Dec 28 2015 at 15:01
We wont know for sure until the start of the month when money is reinvested by the big players.
"They mistook leverage with genius".
victoriajensen
Member Since Jul 10, 2014
1117 posts
Dec 28 2015 at 16:27
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.
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.
sherifFares
Member Since Jun 08, 2014
454 posts
Dec 28 2015 at 18:28
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)
Member Since Sep 12, 2015
1943 posts
Dec 28 2015 at 21:21
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".
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.
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.
victoriajensen
Member Since Jul 10, 2014
1117 posts
Dec 29 2015 at 14:02
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.