EUR/USD
Mitglied seit Jul 10, 2014
1117 Posts
May 22, 2015 at 18:45
EUR/USD is currently testing the support at 1.1010, if it manages to break below that level next week the pair will likely continue descending at least until it reaches target 1.0800.
Mitglied seit Jun 08, 2014
454 Posts
May 22, 2015 at 21:44
EUR/USD dropped dramatically after Yellen speech now price is testing 1.1010.
forex_trader_186239
Mitglied seit Apr 15, 2014
224 Posts
May 23, 2015 at 12:03
I think eur/usd will suprise us once time more soon !
May 23, 2015 at 12:05
EUR recorded a slight rise against the USD on Thursday, breaking a series of three consecutive negative sessions. The pair opened at a rate of 1.1093, then reached the lowest level for the day at 1.1080 and the highest level at 1.1180. The euro ended the day at a rate of 1.1111 and if the price went up, the pair will move towards the resistance at 1.1467. Support: 1.1064; 1.0658; 1.0456; Resistance: 1.1467.
Mitglied seit Nov 11, 2012
271 Posts
May 25, 2015 at 01:17
My bearish outlook due to a huge divergence posted earlier is looking good and a downtrend is taking shape. Someone repeatedly asked me for posting trade recommendations so here is a low risk high potential one.
Sell at 1.0990 with SL at 1.1254. Target1 - 1.0775, Target2 - 1.0631 and Target3 - 1.0198. Stop trailing is advised but discretionary.
Sell at 1.0990 with SL at 1.1254. Target1 - 1.0775, Target2 - 1.0631 and Target3 - 1.0198. Stop trailing is advised but discretionary.
antariks1@
Mitglied seit Apr 08, 2014
1141 Posts
May 25, 2015 at 08:52
On Friday session the EURUSD tried to rally but found yet again enough selling pressure near the 1.1186 Fibonacci level to give all its gains back and closed in the red near the low of the day, creating an outside day pattern. This pattern is considered neutral so indecision may create choppy action in the market.
"I trade to make money not to be right."
Mitglied seit Oct 11, 2013
775 Posts
May 25, 2015 at 11:03
The EURUSD may return to its bearish longer term downtrend. lets see what happens this week.
Mitglied seit Nov 19, 2014
169 Posts
May 25, 2015 at 12:01
I´m seeing this heading bearish with a possible Pennant Breakout on the 30 Minute Chart - 90 Pips possible for Day Traders.
Duane
Trade Less, Earn More
Mitglied seit Jul 10, 2014
1117 Posts
May 25, 2015 at 17:20
EUR/USD is currently testing the support at 1.0950. I think it will likely break below that level and continue descending in the following days. Next target is probably 1.0800, but the pair might descend lower than that.
Mitglied seit Jun 08, 2014
454 Posts
May 25, 2015 at 20:00
Not much of a movement today due to the US holidays.
May 25, 2015 at 20:30
If this week the price depreciation continues it might close at the end of the week at zone 80% 1.0794 ,and even at zone 90% 1.0732 . In the case of a reasonable foundation the pair may be increased to 1.1220. I'd rather play on trend and will set the targets close to those values.Good luck everybody this week!
Mitglied seit Nov 11, 2012
271 Posts
May 26, 2015 at 07:18
takechance posted:
My bearish outlook due to a huge divergence posted earlier is looking good and a downtrend is taking shape. Someone repeatedly asked me for posting trade recommendations so here is a low risk high potential one.
Sell at 1.0990 with SL at 1.1254. Target1 - 1.0775, Target2 - 1.0631 and Target3 - 1.0198. Stop trailing is advised but discretionary.
Eur at 1.0890 now and the trade has taken a nice shape. I would bring the SL to BE and let it run. Cheers.
antariks1@
Mitglied seit Apr 08, 2014
1141 Posts
May 26, 2015 at 08:25
Yesterday session the EURUSD did not move much due to worldwide bank holiday but still manage to make a doji pattern on the 50-day moving average. A break below 1.0972 the 50-day moving average may trigger a dive to a Fibonacci retracement (61.8) at 1.0853.
"I trade to make money not to be right."
