EUR/USD
Mitglied seit Sep 12, 2015
1948 Posts
Feb 24, 2017 at 10:07
(bearbeitet Feb 24, 2017 at 10:08)
I'm break even at 05875 short, I missed the first short off 06000, short on EUR/GBP also.
"They mistook leverage with genius".
Mitglied seit Sep 12, 2015
1948 Posts
Feb 24, 2017 at 10:31
Closed my short just awhile ago at 84384 down from 84459 on eur/gbp, still holding eur/usd.
"They mistook leverage with genius".
Feb 24, 2017 at 10:45
Michigan Consumer Sentiment Index might be todays important news. A miss (the details about why it misses will be important too), might weight heavily on the USD as the index have been failing since Trump. A move closer to 98 will be seen as positive.
Mitglied seit Oct 02, 2014
909 Posts
Feb 24, 2017 at 11:04
EUR/USD had a relatively uneventful week with price consolidating around 1.05-1.06 levels. The pair is now 1.0578 in a calm and low volume environment.
Positivity
Mitglied seit Jul 10, 2014
1117 Posts
Feb 24, 2017 at 13:53
EUR/USD has almost reached the resistance at 1.0620. If it breaks out above that level it will likely continue moving to the upside towards 1.0700.
Feb 24, 2017 at 17:32
The euro recorded minor increase against the dollar on Thursday. The session was very volatile, but ultimately the single currency was stronger. A break of key levels was not reached, but if the Bulls continue to prevail, the pair will test the resistance at 1.0679.
Mitglied seit Sep 12, 2015
1948 Posts
Feb 24, 2017 at 19:03
Some support around 5700-5650, it will probably retest it first before going higher, depends if we get some meaningful spike.
"They mistook leverage with genius".
Mitglied seit Sep 12, 2015
1948 Posts
Feb 24, 2017 at 19:28
We got a push through, next support 5600, I will take a long from here for a quick scalp.
"They mistook leverage with genius".
Mitglied seit Feb 22, 2015
178 Posts
Feb 24, 2017 at 21:27
It looks like a fake break out after all. The central bank is keeping the price of their USD up.
The price of $EURUSD will most likely retest that resistance line. I don't think it will hold, the price will then continues to drop to retest that support line.
The price of $EURUSD will most likely retest that resistance line. I don't think it will hold, the price will then continues to drop to retest that support line.
Anhänge:
I trade Forex using my Bollinger Trend PRO mt4 indicator.
forex_trader_338100
Mitglied seit Jun 21, 2016
898 Posts
Feb 24, 2017 at 21:48
At the moment the Eur/Usd is up 0.06% at 1.0587 facing the initial hurdle at 1.0618 (high Feb.24) followed by 1.0658 (20-day sma) and finally 1.0682 (high Feb.16). On the flip side, a breach of 1.0492 (low Feb.22) would target 1.0452 (low Jan.11) en route to 1.0339 (2017 low Jan.3).
Mitglied seit Sep 12, 2015
1948 Posts
Feb 25, 2017 at 15:45
Cryptocurrency posted:I will probably get knocked out, 1% is my max loss, I will take another position at 0500 if we get down that far.
It looks like a fake break out after all. The central bank is keeping the price of their USD up.
The price of $EURUSD will most likely retest that resistance line. I don't think it will hold, the price will then continues to drop to retest that support line.
"They mistook leverage with genius".
forex_trader_360642
Mitglied seit Sep 15, 2016
6 Posts
Feb 25, 2017 at 18:00
Cryptocurrency posted:
EUR/USD price just broke out of resistance trend line. I'm expecting price to retest that line within the next few days.
Let's hope the trend is back to that line.
forex_trader_361147
Mitglied seit Sep 17, 2016
2 Posts
Feb 25, 2017 at 18:31
snapdragon1970 posted:
We got a push through, next support 5600, I will take a long from here for a quick scalp.
My friend you are quite active in this trade.
Success for this!
Mitglied seit Sep 12, 2015
1948 Posts
Feb 26, 2017 at 18:49
ruskif posted:It is good to trade when there is volatility, success to you too.snapdragon1970 posted:
We got a push through, next support 5600, I will take a long from here for a quick scalp.
My friend you are quite active in this trade.
Success for this!
"They mistook leverage with genius".
Feb 26, 2017 at 19:16
The euro was down against the US Dollar on Friday. By the close of US trading EUR/USD was trading at 1.0562, shedding by 0.18%. I believe that the support is now located at the level of 1.0492, Wednesday's low and resistance is likely at the level of 1.0637 - Monday's high.
Mitglied seit Feb 22, 2015
178 Posts
Feb 27, 2017 at 00:34
'banks had colluded in forex trading'
https://www.moneyweb.co.za/moneyweb-opinion/time-for-compcom-to-explain-effects-of-forex-scandal/
Well, let's just wait to see if the central banks will push the price of EURO up or down this week.
https://www.moneyweb.co.za/moneyweb-opinion/time-for-compcom-to-explain-effects-of-forex-scandal/
Well, let's just wait to see if the central banks will push the price of EURO up or down this week.
I trade Forex using my Bollinger Trend PRO mt4 indicator.
Feb 27, 2017 at 02:01
Cryptocurrency posted:
'banks had colluded in forex trading'
https://www.moneyweb.co.za/moneyweb-opinion/time-for-compcom-to-explain-effects-of-forex-scandal/
Well, let's just wait to see if the central banks will push the price of EURO up or down this week.
Political uncertainty continue to pressure the Euro, let's wait for the central banks this week.
