EUR/USD
Mitglied seit Apr 08, 2014
1141 Posts
Jul 02, 2015 at 08:33
Yesterday EURUSD fell breaking below the 1.1097 the lower band of a daily resistance and closed near the low of the day. Today we might see a retest of the 1.1097 level before another push downward with the target at the 1.0955 a Fibonacci retracement (50.0).
"I trade to make money not to be right."
Jul 02, 2015 at 13:24
EUR recorded second consequential reduction on Wednesday. The session started at a price of 1.1143 and around noon the pair reached the highest level for the day at 1.1165. Later the price went down at the end of the day the single currency finished at a price of 1.1052. If the downward trend continues, we can expect an attempt to break into the first support at 1.0953.
forex_trader_186239
Mitglied seit Apr 15, 2014
224 Posts
Jul 02, 2015 at 14:23
1.0000 looks as very attractive point so far
Mitglied seit Jul 10, 2014
1117 Posts
Jul 02, 2015 at 19:00
I think EUR/USD will likely continue consolidating for now because everyone is waiting for the Greek referendum on Sunday, but I too think a drop to the support at 1.1000 is still possible.
Mitglied seit Jun 08, 2014
454 Posts
Jul 02, 2015 at 19:04
still the resistance level 1.1120 stands until there is no break expect more drop on the EUR/USD but the volume on the pair is low.
Mitglied seit Apr 08, 2014
1141 Posts
Jul 03, 2015 at 08:12
On yesterday session the EURUSD made the retest of the 1.1097 level on a narrow range day although the nonfarm payrolls come out worse than expected. Today will be a light trading day due the US observed Independence Day (Bank holiday). A word of caution, the Greek referendum on Sunday can cause another Gap.
"I trade to make money not to be right."
Jul 03, 2015 at 10:47
EUR recorded a slight rise against the USD on Thursday after two consecutive negative sessions before. The pair opened at a rate of 1.1052, and the price went down slightly, reaching a daily bottom at 1.1031. Later direction started to climb and at the end of the day the euro closed at a rate of 1.1083. If the price went up, the pair will move to the first resistance at 1.1270.
Mitglied seit Oct 02, 2014
909 Posts
Jul 03, 2015 at 11:54
Parity... soon...
Positivity
Mitglied seit Jul 10, 2014
1117 Posts
Jul 03, 2015 at 14:50
EUR/USD has fallen asleep completely, but considering the events on Sunday this is like the calm before the storm.
Mitglied seit Jun 08, 2014
454 Posts
Jul 03, 2015 at 19:52
Now all eyes will be on Greece market impact next week.
Jul 03, 2015 at 22:14
victoriajensen posted:
EUR/USD has fallen asleep completely, but considering the events on Sunday this is like the calm before the storm.
Agree Victoria - all we are seeing to day is a bit of Yen strength - next week will bring a change though :)
Sean
market nobility
forex_trader_186239
Mitglied seit Apr 15, 2014
224 Posts
Jul 03, 2015 at 22:15
The way to cope with the future is to create it
forex_trader_186239
Mitglied seit Apr 15, 2014
224 Posts
Jul 04, 2015 at 20:07
Be aware of the spikes on opening ! The market will be thin and will be stop loss hunting
Mitglied seit Nov 12, 2010
174 Posts
Jul 05, 2015 at 20:49
Big gap down to 1.10 at open it looks like we shall see.
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Mitglied seit Oct 27, 2014
53 Posts
Jul 05, 2015 at 21:01
Jump to 1.099
