EUR/USD
Member Since Oct 11, 2013
775 posts
Sep 01, 2014 at 11:00
just more drops on the EURUSD. There is no sign of a trend change.
Member Since Jul 10, 2014
1117 posts
Sep 01, 2014 at 12:33
There are two dojis in the 4 hour filter so some retracement is expected but I doubt this will be the beginning of a more long-term correction. It will probably continue its descent until reaches 1.3100.
Sep 01, 2014 at 20:00
The USD traded unchanged or lower against most of its G10 peers during European trading morning.
The 'greenback' lost ground against the NOK, GBP, CHF, EUR and NZD, in that order, while in high only against the SEK. However the currency remained stable against the JPY, CAD and AUD.
The 'greenback' lost ground against the NOK, GBP, CHF, EUR and NZD, in that order, while in high only against the SEK. However the currency remained stable against the JPY, CAD and AUD.
Member Since Apr 14, 2014
230 posts
Sep 02, 2014 at 00:35
Looks like the market was sleeping yesterday, I guess we have to wait until ECB Thursday and NFP Friday to see some real action.
Member Since Oct 11, 2013
775 posts
Sep 02, 2014 at 03:53
Just a few more pips and the EURUSD drops to the 1.3100 level.
Member Since Jun 08, 2014
454 posts
Sep 02, 2014 at 06:33
don't expect much from the ECB because they have nothing more to offer deflation rate is increasing and ECB can't make the interest rate below 0 %
Member Since Apr 08, 2014
1141 posts
Sep 02, 2014 at 08:51
Yesterday, EURUSD made a new fresh low at 1.3118 but went nowhere during a particularly light session due to U.S. and Canada Labour Day holiday. The downward trend is showing some signs of weakness with stochastic displaying oversold conditions so EURUSD is expected to pullback to the 1.32 level ahead of ECB Interest Rate Decision.
"I trade to make money not to be right."
Member Since Jul 10, 2014
1117 posts
Sep 02, 2014 at 11:20
I think EUR/USD will reach 1.3100 and will test the support there but I don't think it will be able to break below that level. The downward trend is exhausted. That said, if it does break below that level it might head to 1.3000
Sep 02, 2014 at 12:17
victoriajensen posted:
I think EUR/USD will reach 1.3100 and will test the support there but I don't think it will be able to break below that level. The downward trend is exhausted. That said, if it does break below that level it might head to 1.3000
I agree, it looks like the prices are pressing hard on the 1.3100 level, but whether be able to breakout the level or not will be a question.
Member Since Jul 04, 2014
2 posts
Sep 02, 2014 at 14:07
Because of the massive down pressure in the past few days and weeks I rather expect some upside potential.
Member Since Apr 14, 2014
230 posts
Sep 02, 2014 at 18:59
(edited Sep 02, 2014 at 19:02)
bewayopa posted:
The dollar has traded unchanged or valued relative to its G10 peers.
The USD rose against the GBP, AUD, CAD and NZD, in that order.
And Yen, all JPY pair gone crazy today.
Member Since Oct 11, 2013
775 posts
Sep 03, 2014 at 04:02
The EURUSD has been very calm lately, and this is most probably due to the upcoming fundamentals, which may give a push to the pair in either direction.
Member Since Nov 11, 2012
271 posts
Sep 03, 2014 at 06:33
Looks like 1.3180 is on the cards.
antariks1@
Member Since Jun 08, 2014
454 posts
Sep 03, 2014 at 07:19
I personally hope for a correction and a start of uptrend. If the price breaks under 1.3100 it will be very hard for the euro to return.
Member Since Apr 08, 2014
1141 posts
Sep 03, 2014 at 10:23
EURUSD initially fell during the course of yesterday session making yet again new lows at 1.3109, but bounced enough to create a hammer pattern. It appears that the market could get a bounce from here to the 1.32 level. Let’s see what ECB brings to the table this Thursday.
"I trade to make money not to be right."
