EUR/USD
Mitglied seit Oct 02, 2014
909 Posts
Nov 16, 2015 at 21:16
Weak, weak euro.
Positivity
Mitglied seit Oct 11, 2013
775 Posts
Nov 17, 2015 at 02:03
Very weak, the Euro versus the Dollar may reach the 1.0500 level this week.
Mitglied seit Aug 26, 2014
26 Posts
Nov 17, 2015 at 08:29
The EUR may hit 0.95 by the middle of 2016 .
Feel free to short on any bounce .
Good luck .
Feel free to short on any bounce .
Good luck .
Nov 17, 2015 at 08:47
The single currency continued to lose against the US Dollar on Monday. The euro lost 54 pips at a closing price of 1.0685. The graphics continue to develop under the moving average, while the index of relative strength remained in neutral territory. EUR/ USD keep the downward trend, and for its continuation is needed to break the support at 1.0676.
Mitglied seit Apr 08, 2014
1141 Posts
Nov 17, 2015 at 10:26
Yesterday the EURUSD fell with a wide range and closed in the red near the low of the day.
Also yesterday the pair closed below the Fibonacci extension 1.0703 that was acting as a strong support and the 10-day moving average continues to push the currency down acting as a strong resistance.
The key levels to watch are the 1.0900 (Resistance), 1.0819 (resistance), the 10-day moving average at 1.0736 (resistance), a Fibonacci extension at 1.0703 (resistance) and 1.0622 (Support).
Also yesterday the pair closed below the Fibonacci extension 1.0703 that was acting as a strong support and the 10-day moving average continues to push the currency down acting as a strong resistance.
The key levels to watch are the 1.0900 (Resistance), 1.0819 (resistance), the 10-day moving average at 1.0736 (resistance), a Fibonacci extension at 1.0703 (resistance) and 1.0622 (Support).
"I trade to make money not to be right."
Mitglied seit Jul 10, 2014
1117 Posts
Nov 17, 2015 at 14:03
1.0600 might prove to be a considerable support for a while but I doubt the move to the downside will end there. It will probably reach 1.0520 in the foreseeable future.
Mitglied seit Jun 08, 2014
454 Posts
Nov 17, 2015 at 17:31
EUR/USD continue to drop, now the way is open till April low 1.0565.
Mitglied seit Sep 06, 2013
137 Posts
Nov 18, 2015 at 07:32
If the Fed hike and the ECB ease next month which is very possible im willing to bet it will just dive bomb!
Ie below 1.0000
Ie below 1.0000
HOLY GRAIL: Fundamental Analysis to chose your pairs/direction, Technical Entry/SL/TP for consistent Management of those decisions
Mitglied seit Sep 12, 2015
1948 Posts
Nov 18, 2015 at 07:38
10630 scalping ,tight stop ,might get a daily reversal
"They mistook leverage with genius".
Nov 18, 2015 at 08:59
The single currency continued to lose against the US Dollar on Tuesday. The pair opened at a price of 1.0685 after steady downtrend during the session and ultimately closed at a rate of 1.0640. The pair managed to break through the first support at 1.0676. If EUR/USD justify the negative expectations, support at 1.0548 will be broken.
Mitglied seit Apr 08, 2014
1141 Posts
Nov 18, 2015 at 09:42
Yesterday the EURUSD fell with a narrow range and closed in the red near the low of the day, shy above the 1.0622 daily support.
Looks like the downside momentum is losing strength and we might see a pullback in the short-term, before another downward move.
The key levels to watch are the 1.0900 (Resistance), 1.0819 (resistance), the 10-day moving average at 1.0729 (resistance), a Fibonacci extension at 1.0703 (resistance) and 1.0622 (Support).
Looks like the downside momentum is losing strength and we might see a pullback in the short-term, before another downward move.
The key levels to watch are the 1.0900 (Resistance), 1.0819 (resistance), the 10-day moving average at 1.0729 (resistance), a Fibonacci extension at 1.0703 (resistance) and 1.0622 (Support).
"I trade to make money not to be right."
Mitglied seit Sep 12, 2015
1948 Posts
Nov 18, 2015 at 12:38
ECB:EURO borrowed using the overnight loan facility 185 bn euro deposited.As expected a reversal of yesterday's sell off,some support at 10660 resistance 10673,this might be the start of a range trade.
"They mistook leverage with genius".
forex_trader_137597
Mitglied seit Jul 04, 2013
88 Posts
Nov 18, 2015 at 14:43
HI, what is your view for the FOMC minutes, any insight?
Mitglied seit Jul 10, 2014
1117 Posts
Nov 18, 2015 at 15:25
csc2009 posted:
The upside momentum of the pair has now seemed run out of fuel, upside capped by near 1.0690/0700 zone. On the downside, psychological support level is still located at 1.0600.
It will have to break below 1.0630 before it reaches 1.0600.
Mitglied seit Jun 08, 2014
454 Posts
Nov 18, 2015 at 16:48
EUR/USD is trading around the opening price, inverted hammer is forming on the daily chart.
