My analysis says that EURUSD is likely to go sideways or fall. No buying going on here
EUR/USD is pushing above the 1.1660 level, which level is providing a strong static support now, followed by 1.1630, the 23.6% retracement of the August rally. Breaking above the last one would lead the pair to the upside, with next target the August high at 1.1733. Indicators ont he four hour time frame are confirming such advance, as price now is developing above all of its moving averages. RSI and stochastic maintain their bullish slopes and are close to weekly highs.
Sep 17 2018 at 07:47
I think because of Trump announcement of going ahead with China trade war tariffs, the eur/usd Forex pair could be moving lower. If it breaks below 1.15650. Target 1.15000 area. We shall see. Lots of European inflation data coming out this coming week and ECB president Mario Draghi will be speaking on Tuesday and Wednesday.
Being successful is not by accident.
Oct 19 2018 at 12:18
"They mistook leverage with genius".
Oct 21 2018 at 23:35
No positions on EUR/USD at the moment, down grade but still stable out look from Moody's, HSBC report also ,you can search.
"They mistook leverage with genius".
Nov 04 2018 at 07:36
I have nothing on today either. NFP coming out later today. Who knows what will happen with that. Best to stay out of the market
Nov 09 2018 at 11:24
I'm waiting for a 1.1337 to get this level. Afer that, it will start growing to 1.15 level.
Price blew through 1.1337. Could get down to 1.1200 or lower today. I expect there will be a retrace before then but euro is looking very weak
Nov 13 2018 at 13:31
Euro getting a bit of a boost today against the Dollar, rumor of a deal might be helping it plus NA traders back in today, we have a long from 1.12189 yesterday.
"They mistook leverage with genius".
Nov 14 2018 at 11:08
I am surprised at the euro strength. There seems to be a bexit deal but I doubt that the UK parliament will let it through
