Edit Your Comment
EUR/USD
Mitglied seit Jan 28, 2014
41 Posts
Mitglied seit Apr 08, 2014
1141 Posts
Nov 10, 2014 at 07:34
Mitglied seit Apr 08, 2014
1141 Posts
EURUSD pair fell hard during the session on Friday, breaking down below the 1.24 level. Looks like the bears are in complete control and the pair should continue to move lower. We have a longer-term support of 1.2050, so selling the rallies between here and there will offer some risk/reward opportunities.
"I trade to make money not to be right."
Mitglied seit Jul 10, 2014
1117 Posts
Nov 10, 2014 at 16:21
Mitglied seit Jul 10, 2014
1117 Posts
Despite the significant pullback we saw after the drop last week, I think that the bears are in control again and the downward trend will continue with likely target 1.2200.
Mitglied seit Jun 08, 2014
454 Posts
Nov 10, 2014 at 21:38
Mitglied seit Jun 07, 2011
372 Posts
EUR / USD took off last Friday over the level of 1.2400.
This morning started in view of the resistance of 1.2535.
The outlook remains negative.
The level of momentum and RSI showed strength as the daily MACD remains below its zero line and signal.
There is a positive divergence between both oscillators and price action, which favors a correction.
R3 - 1.25722
R2 - 1.25406
R1 - 1.24816
Daily Pivot - 1.24500
S1 - 1.23910
S2 - 1.23594
S3 - 1.23004
This morning started in view of the resistance of 1.2535.
The outlook remains negative.
The level of momentum and RSI showed strength as the daily MACD remains below its zero line and signal.
There is a positive divergence between both oscillators and price action, which favors a correction.
R3 - 1.25722
R2 - 1.25406
R1 - 1.24816
Daily Pivot - 1.24500
S1 - 1.23910
S2 - 1.23594
S3 - 1.23004
Mitglied seit Apr 14, 2014
230 Posts
Mitglied seit Nov 11, 2012
271 Posts
Nov 11, 2014 at 03:54
Mitglied seit Nov 11, 2012
271 Posts
takechance posted:
In a downtrend the Eur is now approaching a crucial fibo level of 1.2490. Could be a good shorting opportunity with stop at 1.2580.
The short trade from 1.2490 nicely making some profits.......target can be at 1.2360 which we should see in a day or two.
antariks1@
Mitglied seit Apr 08, 2014
1141 Posts
Nov 11, 2014 at 07:39
Mitglied seit Apr 08, 2014
1141 Posts
Lower lows and lower highs are keeping the downtrend alive for the EURUSD, though larger swings on the hourly charts indicate momentum is slowing above 1.2360. We remain bearish on the pair though traditionally strong US stock performance has led to Euro gains, and with the stocks rallying this could put some pressure on USD bulls.
"I trade to make money not to be right."
Mitglied seit Jul 10, 2014
1117 Posts
Nov 11, 2014 at 11:29
Mitglied seit Jul 10, 2014
1117 Posts
The market seems relatively quiet today and EUR/USD is slowly crawling on its way down, although I think that for the moment that is just part of the correction. Once it breaks below the support at 1.2360 it will likely continue falling at least until it reaches 1.2200.
Nov 11, 2014 at 19:45
Mitglied seit Jun 07, 2011
372 Posts
EUR / USD dropped to touch the moving average of 50 periods.
The RSI does not crossed the 50 line and the MACD is already in negative territory for almost crossing the signal line.
Evident on the daily chart are the minimum and maximum decreasing and below the moving averages of 50 and 200 days.
R3 - 1.25697
R2 - 1.25393
R1 - 1.24791
Daily Pivot - 1.24487
S1 - 1.23885
S2 - 1.23581
S3 - 1.22979
The RSI does not crossed the 50 line and the MACD is already in negative territory for almost crossing the signal line.
Evident on the daily chart are the minimum and maximum decreasing and below the moving averages of 50 and 200 days.
R3 - 1.25697
R2 - 1.25393
R1 - 1.24791
Daily Pivot - 1.24487
S1 - 1.23885
S2 - 1.23581
S3 - 1.22979
Mitglied seit Apr 14, 2014
230 Posts
Mitglied seit Apr 08, 2014
1141 Posts
Nov 12, 2014 at 07:32
Mitglied seit Apr 08, 2014
1141 Posts
Bearish momentum drops, EURUSD moved in a tight range under 1.2500 yesterday, creating a sideways consolidation pattern. I still remain bearish on the Euro and bullish on the USD, though oversold conditions and a relatively light news week up until Friday could keep us from seeing another major move downward (and possibly even mild upward correction). A sustained break below 1.2400 is needed to increase bearish momentum once again.
"I trade to make money not to be right."
Mitglied seit Jul 10, 2014
1117 Posts
Nov 12, 2014 at 12:40
Mitglied seit Jul 10, 2014
1117 Posts
It looks like range continues for EUR/USD. The market seems to be exceedingly calm today. I took a look at the economic callendar and it appears that it will stay that way at least until Friday.
Mitglied seit Jun 08, 2014
454 Posts
Nov 12, 2014 at 22:54
Mitglied seit Jun 07, 2011
372 Posts
EUR / USD fell yesterday after touching the moving average of 50 periods.
The RSI found resistance near its line of 50 and is pointing down, with the MACD already in negative zone.
R3 - 1.25615
R2 - 1.25294
R1 - 1.24828
Daily Std. Pivot - 1.24507
S1 - 1.24041
S2 - 1.23720
S3 - 1.23254
The RSI found resistance near its line of 50 and is pointing down, with the MACD already in negative zone.
R3 - 1.25615
R2 - 1.25294
R1 - 1.24828
Daily Std. Pivot - 1.24507
S1 - 1.24041
S2 - 1.23720
S3 - 1.23254
*Kommerzielle Nutzung und Spam werden nicht toleriert und können zur Kündigung des Kontos führen.
Tipp: Wenn Sie ein Bild/eine Youtube-Url posten, wird diese automatisch in Ihren Beitrag eingebettet!
Tipp: Tippen Sie das @-Zeichen ein, um einen an dieser Diskussion teilnehmenden Benutzernamen automatisch zu vervollständigen.