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EUR/USD
Miembro desde Apr 14, 2014
posts 230
Jan 10, 2015 at 00:25
Miembro desde Apr 14, 2014
posts 230
victoriajensen posted:
EUR/USD couldn't break below the support at 1.1750, formed a hammer candlestick and a double bottom, both visible in the four hour filter chart, and then started climbing. It appears that some correction is in order and the pair will keep climbing until it reaches targed 1.1920, where there is strong resistance.
Looks like some correction movement, but with so many bad news in Europe, I'm expecting the market would be in panic mood for the coming weeks.
Jan 10, 2015 at 09:56
Miembro desde Jun 15, 2013
posts 29
for long i did not write anything as my last comment was clear and more precise the eur/usd is going down and more down now we reach the last of the down trip , it mean the eur/usd will get down so easy and softly to 1.16 level , and in that level it will get up for some time mostly to 1.27 level to restart again down trip but this time will not soft or smooth
this month the 1.16 will be seen soon , and 1.27 mostly at march or early April . then down fall is the real situation to eur/usd and let us see what is next.............. suggest 2 days of down to make drought (bottom after long down move)
this month the 1.16 will be seen soon , and 1.27 mostly at march or early April . then down fall is the real situation to eur/usd and let us see what is next.............. suggest 2 days of down to make drought (bottom after long down move)
Miembro desde Nov 06, 2014
posts 28
Jan 11, 2015 at 02:19
Miembro desde Apr 09, 2014
posts 834
Goldman Sachs cut its long-term forecasts for the euro on Friday, unrelated to the US payrolls data. It expects the euro to fall to $1.14 in three months, $1.11 by June and $1.08 by year-end. But it also expects euro parity with the dollar by the end of 2017.
Miembro desde Nov 12, 2010
posts 174
Jan 11, 2015 at 21:55
Miembro desde Nov 12, 2010
posts 174
Could be bad for the Euro. Overall still in a Sell Position on EURUSD
Greece: Syriza's party maintains solid lead
https://www.fxstreet.com/news/forex-news/article.aspx?storyid=9aa6dd2e-5385-4103-841d-3d11f7619222
Greece: Syriza's party maintains solid lead
https://www.fxstreet.com/news/forex-news/article.aspx?storyid=9aa6dd2e-5385-4103-841d-3d11f7619222
See my profile or message me for my latest EA
Jan 11, 2015 at 22:25
Miembro desde Apr 09, 2014
posts 834
bestdarngood posted:
Could be bad for the Euro. Overall still in a Sell Position on EURUSD
Greece: Syriza's party maintains solid lead
https://www.fxstreet.com/news/forex-news/article.aspx?storyid=9aa6dd2e-5385-4103-841d-3d11f7619222
Really not good news for euro, let's see how far the correction movement would go.
Miembro desde Apr 14, 2014
posts 230
Miembro desde Apr 08, 2014
posts 1141
Jan 12, 2015 at 09:10
Miembro desde Apr 08, 2014
posts 1141
The EURUSD initially broke down below the 1.18 level during Friday’s session, but found enough buyers to turn things back around and close near the high of the day. Now the million dollar question will this bullish correction turn into a trend change, or will we see another break below 1.1750?
"I trade to make money not to be right."
Miembro desde Oct 11, 2013
posts 775
Jan 12, 2015 at 11:55
Miembro desde Jun 07, 2011
posts 372
EUR/USD failed to break the support 1.1782 (S1) and recovered to reach the resistance formed by the upper limit of the downward channel in the short term 1.1866 (R1).
The positive divergence between the RSI and the price-action with both momentum indicators rising.
However the long-term trend is downward which urges caution and wait for more consistent signals.
R3 - 1.19500
R2 - 1.18978
R1 - 1.18663
Daily Std. Pivot - 1.18141
S1 - 1.17826
S2 - 1.17304
S3 - 1.16989
https://bewayopa.wordpress.com/
The positive divergence between the RSI and the price-action with both momentum indicators rising.
However the long-term trend is downward which urges caution and wait for more consistent signals.
R3 - 1.19500
R2 - 1.18978
R1 - 1.18663
Daily Std. Pivot - 1.18141
S1 - 1.17826
S2 - 1.17304
S3 - 1.16989
https://bewayopa.wordpress.com/
Miembro desde Jul 10, 2014
posts 1117
Jan 12, 2015 at 17:39
Miembro desde Jul 10, 2014
posts 1117
After the double bottom it formed last week and the move to the upside EUR/USD dropped again but couldn't even reach the support at 1.1750 before it formed another hammer in the 4 hour filter chart. It looks like the pair is consolidating again before it continues on its way down to 1.1700.
Jan 12, 2015 at 19:14
Miembro desde Jun 08, 2014
posts 413
honeill posted:
The EURUSD initially broke down below the 1.18 level during Friday’s session, but found enough buyers to turn things back around and close near the high of the day. Now the million dollar question will this bullish correction turn into a trend change, or will we see another break below 1.1750?
Very useful analysis and interesting question but need an answer, let's wait and keep an eye on the market. thank you.
Miembro desde Jun 08, 2014
posts 454
Miembro desde Apr 08, 2014
posts 1141
Jan 13, 2015 at 10:57
Miembro desde Apr 08, 2014
posts 1141
EURUSD initially fell during the yesterday session but found enough support at 1.18 handle to bounce upon significant buying pressure and close in the middle of the daily range. The pair is consolidating but we may expect an upside correction before the next leg down.
"I trade to make money not to be right."
Miembro desde Nov 12, 2010
posts 174
Jan 13, 2015 at 11:50
Miembro desde Jun 07, 2011
posts 372
EUR / USD slightly moved downward yesterday, but after finding support slightly above our line of 1.1788 (S1), recovered to 'play' again the resistance line of 1.1873 (R1).
Since there is positive divergence between the RSI and the price action, and that both our momentum indicators continued to rise, is likely to take a drive up to 1.1873 (R1) and a possible approach to the resistance line of 1.1914 (R2).
After all the long-term trend continues downward.
R3 - 1.19579
R2 - 1.19142
R1 - 1.18731
Daily Std. Pivot - 1.18294
S1 - 1.17883
S2 - 1.17446
S3 - 1.17035
https://bewayopa.wordpress.com/
Since there is positive divergence between the RSI and the price action, and that both our momentum indicators continued to rise, is likely to take a drive up to 1.1873 (R1) and a possible approach to the resistance line of 1.1914 (R2).
After all the long-term trend continues downward.
R3 - 1.19579
R2 - 1.19142
R1 - 1.18731
Daily Std. Pivot - 1.18294
S1 - 1.17883
S2 - 1.17446
S3 - 1.17035
https://bewayopa.wordpress.com/
Miembro desde Oct 11, 2013
posts 775
Miembro desde Jul 10, 2014
posts 1117
Jan 13, 2015 at 16:45
Miembro desde Jul 10, 2014
posts 1117
EUR/USD consolidation continued today too. The pair tested the support at 1.1750 but couldn't break below it and bounced back. I wonder how long the consolidation is going to last this time.
Miembro desde Jun 08, 2014
posts 454
Jan 13, 2015 at 18:51
Miembro desde Jun 08, 2014
posts 454
victoriajensen posted:
EUR/USD consolidation continued today too. The pair tested the support at 1.1750 but couldn't break below it and bounced back. I wonder how long the consolidation is going to last this time.
price broke 1.1800 so I guess it wont be long until 1.1750 will be broken
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