EUR/USD
Mitglied seit Apr 08, 2014
1141 Posts
Apr 16, 2015 at 10:34
Since the start of April the EURUSD fell more than 0.5% and is still in a bearish phase, trading below the 10-day moving but bounce-off year low making an inside day. On yesterday session the pair initially fell but found enough buying pressure at Tuesday open to turn around and close near the high of the day. Stochastic is showing an oversold market but displaying bullish momentum and is below the 50 level.
"I trade to make money not to be right."
Apr 16, 2015 at 11:25
The euro is back under pressure, with the interest on 10-year bonds (Bunds) to fall below 0.1% and interest of the bonds to 30 years fall below 0.5% for the first time, on the day the Greek government meets with the IMF and after the S & P yesterday have reduced the sovereign rating of B- to CCC +.
Mitglied seit Jul 10, 2014
1117 Posts
Apr 16, 2015 at 16:42
EUR/USD is still testing the resistance at 1.0740 - 1.0750 that coincides with the 89(MA) and so far there's no signal it's about to move to the downside, but I doubt we will see a break above that level today.
Mitglied seit Oct 08, 2011
137 Posts
Apr 16, 2015 at 17:24
victoriajensen posted:
EUR/USD is still testing the resistance at 1.0740 - 1.0750 that coincides with the 89(MA) and so far there's no signal it's about to move to the downside, but I doubt we will see a break above that level today.
I do not quite understand your comment, as prices have already been to 1.0768 - at least on my charts. Please explain.
"a little bit of knowledge is a dangerous thing"
Mitglied seit Oct 08, 2011
137 Posts
Apr 16, 2015 at 17:25
currently there is a hook to be traded on the 4 hr. chart which can take prices to the first exit level that I posted yesterday
"a little bit of knowledge is a dangerous thing"
Mitglied seit Jun 08, 2014
454 Posts
Apr 16, 2015 at 18:06
I don't think it's a good time to enter the market now specially with the strong resistance 1.0785 and 1.0820 ahead of the price.
Mitglied seit Oct 08, 2011
137 Posts
Apr 16, 2015 at 18:20
I posted a buy-stop signal a couple of days ago, with an exact entry price and 3 possible exits.
All 3 exists are tradable, but greatly depend on your SL handling experience.
Exit nr. 1 has been reached - 'near 1.0800' (90 pips)
mission accomplished.
next exits are near 1.0900 (190 pips)
and 1.1150 (440 pips)
All 3 exists are tradable, but greatly depend on your SL handling experience.
Exit nr. 1 has been reached - 'near 1.0800' (90 pips)
mission accomplished.
next exits are near 1.0900 (190 pips)
and 1.1150 (440 pips)
"a little bit of knowledge is a dangerous thing"
Mitglied seit Nov 11, 2012
271 Posts
Apr 16, 2015 at 22:21
This is not a traders' forum.....only analysts here to offer free advice....LOL
antariks1@
Mitglied seit Apr 14, 2014
230 Posts
Apr 17, 2015 at 01:23
(bearbeitet Apr 17, 2015 at 01:24)
sherifFares posted:
I don't think it's a good time to enter the market now specially with the strong resistance 1.0785 and 1.0820 ahead of the price.
Any peak up should be considered as a selling opportunity but always with caution because the long term bearish trend does not change.
Apr 17, 2015 at 03:08
peeterwoolf posted:sherifFares posted:
I don't think it's a good time to enter the market now specially with the strong resistance 1.0785 and 1.0820 ahead of the price.
Any peak up should be considered as a selling opportunity but always with caution because the long term bearish trend does not change.
I agree with you, long term trend does not change.
Mitglied seit Jan 14, 2015
3 Posts
Apr 17, 2015 at 06:37
You can see your transaction records?
Mitglied seit Apr 08, 2014
1141 Posts
Apr 17, 2015 at 08:39
On yesterday session, EURUSD initially fell again but found enough buying pressure at 1.0622 daily support to turn around and close in the green near the high of the day. The pair is now trading well above the 10-day moving average and is ready to move to the 50-day moving average at 1.0887 or even go for the 50% Fibonacci retracement at 1.0925.
On the fundamental side all eyes are on the Eurozone and US Consumer Price Index (CPI) looking for clues on the inflation situation and the preliminary Reuters/Michigan Consumer Sentiment Index may also spur a volatile session.
On the fundamental side all eyes are on the Eurozone and US Consumer Price Index (CPI) looking for clues on the inflation situation and the preliminary Reuters/Michigan Consumer Sentiment Index may also spur a volatile session.
"I trade to make money not to be right."
Mitglied seit Nov 21, 2011
1718 Posts
Apr 17, 2015 at 10:15
(bearbeitet Apr 17, 2015 at 10:16)
I just posted a subiminal picture.
Actual bid = 1.0839
Actual bid = 1.0839
Apr 17, 2015 at 10:48
While the EUR / USD is trading within the short term ascending channel, the trend remains upward.
In the short-term oscillators, RSI rebounded from near its line of 50, while the MACD, already above its signal line, got a positive sign.
In the bigger picture, the EUR / USD is still trading below the moving averages 50 and 200 days.
In the short-term oscillators, RSI rebounded from near its line of 50, while the MACD, already above its signal line, got a positive sign.
In the bigger picture, the EUR / USD is still trading below the moving averages 50 and 200 days.
Mitglied seit Jan 14, 2015
3 Posts
Apr 17, 2015 at 17:05
Are you trader?
forex_trader_236107
Mitglied seit Mar 10, 2015
116 Posts
Apr 17, 2015 at 17:23
chinakingkong posted:
Are you trader?
Most people here aren't 'Traders'. Well not in a live account. You will look back and see their recommendations, and it is clear to see that they were bad, which is why they spend more time posting on forums, looking for someone to tell them 'manage my account'.
