To use chat, please login.
Back to contacts
FXWES
Apr 07 2017 at 11:15
675 posts
EUR/USD was trading quite yesterday and remained flat around 1.0645. NFP data today might not bring strong impact on markets. The pair will try to test the support line at 1.0590.

victoriajensen
Apr 07 2017 at 12:14
1117 posts
The pair is pushing to the downside and it has almost broken below 1.0630, but the fundamentals could change that very soon.

Ari Goldman (arigoldman)
Apr 07 2017 at 15:58
907 posts
EUR/USD was not able to move beyond the 1.07 level. The pair is now 1.0640 and seems prone to continue South.

Cuong Truong (Cryptocurrency)
Apr 07 2017 at 21:56
178 posts
arigoldman posted:
EUR/USD was not able to move beyond the 1.07 level. The pair is now 1.0640 and seems prone to continue South.


I agree, we might see price of EUR/USD drop to 1.03 level soon.

I trade Forex using my Bollinger Trend PRO mt4 indicator.
Cuong Truong (Cryptocurrency)
Apr 07 2017 at 22:41
178 posts
EUR/USD might continue to drop down to retest this low 1.034233

I trade Forex using my Bollinger Trend PRO mt4 indicator.
idimitrov
Apr 08 2017 at 12:51
421 posts
The euro fell against the US dollar on Friday. By the close of US trading, EUR/USD was trading at 1.0591, losing 0.50%. I believe that support is now at 1.0581, the low of Friday's trading, and the resistance is likely at 1.0690 - the maximum of the Wednesday's trading.

Wulfie
Apr 09 2017 at 06:14
3 posts
question: Why is EUR/USD despite of a bad nonfarm payrolls result going down?

I know there is a lot of fishing, but usually it is the first movement and the later movement (after 30 min) is the movement which normally prices the fundamental results.

Anything I have missed?

FXWES
Apr 09 2017 at 06:28
675 posts
The US NFP report today pushed the US dollar to donwards agains the major rivals and set the chances of an adance limited. EUR/USD remains within the well-known weekly range and finds difficulties to move above 1.0670 area.

FXWES
Apr 09 2017 at 07:02
675 posts
The technical outlook for EUR/USD remains bearish. A breach of 1.0525 could lead the pair towards 1.0455 and 1.0390. Looking to the upside only break above the 100-DMA at 1.0630 might bring back bulls with aiming the psychological level at 1.0700.

bestools
besttools
Apr 09 2017 at 18:18
898 posts
With a breach of 1.0525 (Mar. 9 low), the pair could drop further towards 1.0455 (Jan. 11 low) and 1.0390 (Jan. 4 low). On the upside, a break above the 100-DMA at 1.0630 would aim for 1.0700 (psychological level) before 1.0735 (20-DMA).

Please login to comment .