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Abdul2012
Feb 12 2016 at 18:27
413 posts
I do not see that the EUR/USD will continue to decline under the 1.1200 level but we have to stay tune for any break below that level.

rob559
Feb 12 2016 at 19:11
1916 posts
but will start not in very long to consolidate ,macd is about to enter negative zone on h4,before going down again,wicth will be good to those with already opened positions in dd or to enter new short positions

waerth
Feb 13 2016 at 09:53
6 posts
People taking profit as monday might be very volatile. China coming back into the market after a long lunar new year holiday.

stian
Feb 13 2016 at 09:53
325 posts
Eurozone industrial poduction down. GDP of Germany fell. And decent US retail numbers (mostly better than expected). It has not much data to support futher Euro strengthing in todays numbers. CSI and buisness inventories in half hour mark the end of the US driven data for this week. Tomorrow we have the Eurozone trade balance.


Trendline Trader
Soyo24
Feb 14 2016 at 07:31
14 posts
My EUR/USD prediction is 1.10-1.11 and if the stock markets bottom then lower.

dianajs
Feb 14 2016 at 12:37
823 posts
Soyo24 posted:
My EUR/USD prediction is 1.10-1.11 and if the stock markets bottom then lower.


The move to the upside has to end first, and so far there's no indication that it's about to do so.

csc2009
Feb 14 2016 at 22:07
834 posts
We should probably expect the downward correction continues at the beginning of next week.

Trendline Trader
Soyo24
Feb 15 2016 at 07:24
14 posts
Euro closed down friday, did it not?

FXWES
Feb 15 2016 at 07:31
675 posts
The euro is losing ground against the dollar on Friday session. Thus the couple remained in the well known range between 1.1387 and 1.1191. If the dollar justify the positive expectations, the support will broken. The session on Friday started at 1.1321 as bearish sentiment prevailed throughout. Bottom of the day was hit at 1.1214 and the session closed with 40 pips higher.

Hugo ONeill (honeill)
Feb 15 2016 at 08:35
1141 posts
On the last Friday’s session the EURUSD fell with a wide range and closed in the red, near the low of the day, in addition managed to close below the previous day low, suggesting a strong bearish momentum.

The pair continues to close above the 10, 50 and the 200-day moving averages that are acting as dynamic support.

The key levels to watch are: The daily resistances at 1.1555, other daily resistance at 1.1460, daily support at 1.1237, other daily support at 1.1097, the 10-day moving average at 1.1183 (support) and the 200-day moving average at 1.1025 (support).

"I trade to make money not to be right."
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