EUR/USD
Mitglied seit Jun 03, 2010
696 Posts
Jul 18, 2014 at 07:11
alexforex007 posted:
Lets see if tomorrow we see the EURUSD take a clear direction or if it stays in consolidation just above the 1.3500 level.
There is always no sudden moves at fridays :) Except NFP of course.
PAMM MANAGER // Professional Fund Manager
Mitglied seit Nov 21, 2011
8 Posts
Jul 18, 2014 at 13:20
What just happened the past 10 minutes? 30 pip drop.
Mitglied seit Jan 31, 2014
83 Posts
Jul 18, 2014 at 15:33
EUR/USD looking as if it is heading for further downside.
I think down to 1.3510 at least
I think down to 1.3510 at least
Si eius XCIX% Ius ergo est Nefas - Sileo processus (If its 99% Right then it is Wrong - Restart the process)
Mitglied seit Jan 31, 2014
83 Posts
Jul 18, 2014 at 15:33
I thinkEUR/USD down to 1.35100 in trading next week😁
Si eius XCIX% Ius ergo est Nefas - Sileo processus (If its 99% Right then it is Wrong - Restart the process)
Jul 18, 2014 at 22:54
In the absence of major economic events, the dollar traded unchanged or lower than most G10 counterparts this morning Friday. Weakened against the NOK, SEK, AUD and CAD in this order, while appreciated versus the JPY. The dollar was unchanged against the CAD, CHF, GBP and EUR.
The Gold followed a similar pattern to the Yen as a 'safe-haven' asset. The precious metal rose about 1.70% after the news of the plane crash in Malaysia but lost some of its gains as the uncertainty of events weakened. The trend of commodity confirmed my opinion that some of the risk off trades that were made yesterday were likely to be reversed.
The Gold followed a similar pattern to the Yen as a 'safe-haven' asset. The precious metal rose about 1.70% after the news of the plane crash in Malaysia but lost some of its gains as the uncertainty of events weakened. The trend of commodity confirmed my opinion that some of the risk off trades that were made yesterday were likely to be reversed.
Mitglied seit Jun 08, 2014
454 Posts
Jul 19, 2014 at 11:47
i think we are going to see uptrend from monday support zone stopped the price more than once to fall below 1.35, anyway for now have great weekend everyone
Mitglied seit Apr 14, 2014
230 Posts
Jul 20, 2014 at 21:27
(bearbeitet Jul 20, 2014 at 21:48)
The euro dipped on Friday to $1.3492 shortly after the Bank of Italy cut its economic outlook, and it recovered later and stayed above $1.35. The euro will probably still trend downward next week, that's being said market stands around crucial point because plane that was shot in Ukraine, this is not just a simple plane crash and this incident will have big effect in the markets soon.
Mitglied seit Oct 11, 2013
775 Posts
Jul 20, 2014 at 23:29
This week may be a week for correction on the EURUSD, because it did not have enough bearish momentum to break below the 1.3500 zone with determination.
Mitglied seit Apr 08, 2014
1141 Posts
Jul 21, 2014 at 09:59
EURUSD initially fell during Friday’s session, but found reasonably support at the 1.35 handle. This area has been supportive for some time now, and is the bottom of a larger consolidation area.
We have the 1.3642 level as a resistance area, and as a result the market could be bought on a break above the high of the hammer as it shows that the bottom of this consolidation area does in fact continue to prove itself.
We have the 1.3642 level as a resistance area, and as a result the market could be bought on a break above the high of the hammer as it shows that the bottom of this consolidation area does in fact continue to prove itself.
"I trade to make money not to be right."
Mitglied seit Jun 08, 2014
454 Posts
Jul 21, 2014 at 11:59
ifyforex posted:
wooow another great week for eur/usd pulling back week lets target up to 100 pips on long position. don't miss it good luck
I hope it will pull up the 100 pips again but let's see tomorrow maybe the YoY will push the price down
Mitglied seit Oct 11, 2013
775 Posts
Jul 22, 2014 at 00:14
More consolidation on the EURUSD for now, but this pair may gain momentum with the upcoming fundamental data.
forex_trader_178891
Mitglied seit Feb 26, 2014
104 Posts
Jul 22, 2014 at 00:56
The pair seems like will go up moment but it will go down one more hit before go up .
Mitglied seit Apr 08, 2014
1141 Posts
Jul 22, 2014 at 08:29
EURUSD tried to rally during yesterday session, but the market failed to hang onto the gains, and turned around moving lower showing a struggle around this area (1.3500 up to 1.3550).
Looks like is going to test the last swing low at 1.3490 or even test the lower support zone at 1.3476.
Looks like is going to test the last swing low at 1.3490 or even test the lower support zone at 1.3476.
"I trade to make money not to be right."
