Edit Your Comment
EUR/USD

Member Since Jul 10, 2014
1114 posts
Sep 05, 2014 at 13:40
Member Since Jul 10, 2014
1114 posts
Well, yesterday's drop in the EUR/USD chart was very dramatic to watch. I had my suspicions but I didn't expect it'd fall this much. I think it's headed for 1.2700 now but we might see some correction on the way.
Sep 05, 2014 at 14:37
Member Since Jun 07, 2011
372 posts
The Dollar experienced a mixed trading against the G10 peers during the morning of Friday here in Europe.
Was positive against the SEK and NOK, negative against AUD, CHF, EUR and JPY, and virtually unchanged against the CAD, NZD and the GBP.
http://bewayopa.wordpress.com/
Was positive against the SEK and NOK, negative against AUD, CHF, EUR and JPY, and virtually unchanged against the CAD, NZD and the GBP.
http://bewayopa.wordpress.com/
Sep 06, 2014 at 11:41
Member Since Jun 15, 2013
29 posts
alysharf posted:alysharf posted:
now it break 1.3118 next step is 1.3055, wait and see
it break 1.3055 to next step 1.2990 and at same session it continue to 1.2918 as end step of down move to start correction from that level
correction will not be big , only few pips for restore power and start down move again , most important point is 1.2832 level which if broken it will mean we are going down directly to 1.2340 level to start correction and also , the final target will be 1.1640 as major support level will be in act and no one can stop that . soon it will appear,what eurusd will do
Member Since Aug 26, 2014
24 posts
Member Since Jan 28, 2014
41 posts
Member Since Aug 26, 2014
24 posts
Member Since Nov 11, 2012
253 posts
Sep 08, 2014 at 07:47
Member Since Nov 11, 2012
253 posts
Where ever it goes doesn't really matter much for a short term trader. Even if it goes to 1.25 there will be plenty of scopes to buy or trade counter trade and make money. In fact counter trade money is made more quickly if one knows how to do it.
Cheers
Cheers
antariks1@
Member Since Apr 08, 2014
1140 posts
Sep 08, 2014 at 09:20
Member Since Apr 08, 2014
1140 posts
EURUSD initially tried to rally during Friday session, but found resistance at 1.30 level and ended up forming an inside day, which suggests that the market is consolidating and getting ready for another push downward. So selling this market is the only thing that can be done.
"I trade to make money not to be right."
Member Since Jul 10, 2014
1114 posts
Sep 08, 2014 at 11:41
Member Since Jul 10, 2014
1114 posts
EUR/USD appears to be sleeping at the moment, but I think we should see some temporary pullback later today or sometime tomorrow. That said, I think that once that's done it will head for 1.2700 which is a resistance level visible on the monthly filter chart. The question is whether it will fall even lower. Time will tell, I suppose.
Member Since Apr 14, 2014
230 posts
Sep 08, 2014 at 13:49
(edited Sep 08, 2014 at 13:49)
Member Since Apr 14, 2014
230 posts
honeill posted:
EURUSD initially tried to rally during Friday session, but found resistance at 1.30 level and ended up forming an inside day, which suggests that the market is consolidating and getting ready for another push downward. So selling this market is the only thing that can be done.
I agree there should be no reason to go long at the moment, and we have a couple of news releases this week from Unemployment claims to Retails sales which may send this already under pressure pair to 1.2800.
Sep 08, 2014 at 21:33
Member Since Jun 07, 2011
372 posts
The dollar was almost unchanged or slightly higher compared to their counterparts in the G10, in the absence of relevant economic events. The dollar gained ground against the GBP, NOK and AUD.
The British pound came under great pressure because of the supporters of Scottish independence have taken the lead in the polls.
The British pound came under great pressure because of the supporters of Scottish independence have taken the lead in the polls.
Member Since Jun 08, 2014
454 posts
Member Since Aug 26, 2014
24 posts

*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.