EUR/USD
Member Since Apr 14, 2014
230 posts
Jun 26, 2014 at 21:46
csc2009 posted:
Same pattern in last 2 weeks, always pulled back to 1.36 level same day or the next day.
You are right, it has been repeating bounce back to around 1.36 level.
Member Since Oct 11, 2013
775 posts
Jun 26, 2014 at 23:33
The 1.3600 level keeps acting as a good support for the EURUSD and it may try to go back up from here.
Member Since Apr 08, 2014
1141 posts
Jun 27, 2014 at 09:37
The EURUSD fell during yesterday session, but found enough support at 1.3575 to bounce suggesting a bit of buying pressure, and it should go towards the 1.37 handle. However, that level should be fairly resistive, but the market is going to be very choppy.
"I trade to make money not to be right."
forex_trader_194159
Member Since Jun 09, 2014
38 posts
Jun 27, 2014 at 13:23
Pay attention to 1.3670.
Member Since Apr 14, 2014
230 posts
Jun 27, 2014 at 20:41
Will eur/usd break 1.3650 level? Let's see how it plays out next week.
Jun 27, 2014 at 21:06
honeill posted:
The EURUSD fell during yesterday session, but found enough support at 1.3575 to bounce suggesting a bit of buying pressure, and it should go towards the 1.37 handle. However, that level should be fairly resistive, but the market is going to be very choppy.
Hi
I am totally agree with this point.
Member Since Jun 08, 2014
454 posts
Jun 27, 2014 at 21:09
i guess we have to wait to see if the price will break 1.3650 first it looks like good resistance line
Member Since Apr 08, 2014
1141 posts
Jun 30, 2014 at 09:01
I believe that ultimately this market should continue to stay in the consolidation area that we have been in for some time although EURUSD had a positive session on Friday, breaking the top of the hammer for the Thursday session which of course is a strong buy signal.
"I trade to make money not to be right."
Member Since Jun 03, 2010
696 posts
Jun 30, 2014 at 11:15
Consolidation in range 1.3670 - 1.3560 till Thursday - Payrolls.
PAMM MANAGER // Professional Fund Manager
Member Since Jun 08, 2014
454 posts
Jun 30, 2014 at 19:16
we already got a break above 1.3650 and now testing 1.3685 a close above it will push the price even higher i think we will see 1.37 levels soon if price keep pushing at same rate
Member Since Oct 11, 2013
775 posts
Jun 30, 2014 at 20:42
lets see if the EURUSD has finally taken a clear direction, but everything may change on thursday when we get the NFP report.
Member Since Apr 14, 2014
230 posts
Jun 30, 2014 at 22:18
Let's see tomorrow would eur/usd break 1.37 and continue go up?
Member Since Apr 08, 2014
1141 posts
Jul 01, 2014 at 09:35
peeterwoolf posted:
Let's see tomorrow would eur/usd break 1.37 and continue go up?
EURUSD broke higher during yesterday session, slamming into the 1.37 handle. This is an area that’s been significant resistance previously, so it makes sense that the market stopped right there. However, the fact that we are closing out the top of the range suggests that the market may attempt to break out to the upside
"I trade to make money not to be right."
Member Since Oct 11, 2013
775 posts
Jul 02, 2014 at 04:23
Good bearish retracement so far on the EURUSD, but it may still go back up and try to break that 1.3700 level.
Member Since Jun 08, 2014
454 posts
Jul 02, 2014 at 06:32
i guess it will be wise to wait and see what will be the reaction of the market on the big news this week before making any entry decision
