EUR/USD

Jun 17, 2012 at 11:03
Vistas 184,194
9,779 Replies
Miembro desde Aug 30, 2012   posts 104
Jan 31, 2015 at 14:08
Never hold positions over the weekend. bad policy!
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Miembro desde Dec 28, 2014   posts 8
Jan 31, 2015 at 14:11
prachait posted:
honeill posted:
It’s been a fundamentally eventful start to the year for the global economy’s central banks – the SNB removing its peg, the ECB announcing a 1.1 trillion euro stimulus package, and now Yellen privately hinting to US lawmakers that a rise in interest rates might not come as soon as the markets expect. The technicals, as usual, reflect this recent uncertainty in the form of a triangle consolidation pattern (pennant) over the course of the week.

I remain technically bearish on the pair under its 10-day moving average (it has been under this level since mid-December) at 1.1350, though we really need a break above 1.1450 (above the 61.8% retracement level) to confirm the medium-term downtrend has ended.

😀 Good One |

How about the people saying that EURUSD will have the downward trend to 1.115 ?

Thanks, Prachait
It is better to put your technical analysis rather than put what others say ... be a trader not player
Miembro desde Nov 21, 2011   posts 1718
Jan 31, 2015 at 14:47
Monthly chart...



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Miembro desde Nov 12, 2010   posts 174
Jan 31, 2015 at 14:51
blownaccount posted:
Never hold positions over the weekend. bad policy!

I have actually made quite a bit of money on the gaps. The trick is not to hold very large positions over the weekend to mitigate risk. Last weekend with Greece I figured it would gap down and it did (50 pips). You just have to see what news might come out over the weekend and how things have been trading and take an educated guess on the way it will open and you can make a little bit.
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Miembro desde Jun 08, 2014   posts 454
Feb 01, 2015 at 10:26
have a great weekend everyone!
Miembro desde Mar 23, 2014   posts 5
Feb 01, 2015 at 12:11
Could it be that we test the upper trend channel first, before resistance breakthrough?
Maybe in a long sideway movement below the triangle formation?
Miembro desde Nov 12, 2010   posts 174
Feb 01, 2015 at 20:58
As of right now, looks like an upward gap today at the open
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Miembro desde Apr 14, 2014   posts 230
Feb 01, 2015 at 21:34
I don't see any gaps yet.
Miembro desde Nov 12, 2010   posts 174
Feb 01, 2015 at 21:40
The price fluctuates all weekend as some trading still goes on, just not for us little guys.

You can view current prices on websites such as

www.xe.com

OR

https://www.cnbc.com/id/15839178
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Miembro desde Apr 09, 2014   posts 834
Feb 01, 2015 at 22:28
I think we will have a very interesting week ahead of us.
https://www.reuters.com/article/2015/01/31/us-eurozone-greece-idUSKBN0L40IL20150131
Miembro desde Nov 11, 2012   posts 271
Feb 01, 2015 at 22:55
Some good news from Greece finally.....will the EUR recover massively this week? Lets see.
antariks1@
Miembro desde Aug 30, 2012   posts 104
Feb 02, 2015 at 07:49
Yep Market Gaped Up! we normally do not hold positions over the weekend, but the octave system was predicting a gap. so it worked out great, closed out all the winning trades a few minutes ago and just waiting on the next trade.....
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Miembro desde Apr 08, 2014   posts 1141
Feb 02, 2015 at 09:54
EURUSD is consolidating in a tight range; it looks like the market is taking a pause to bread as the pair waits for the Friday’s nonfarm payrolls.
"I trade to make money not to be right."
SamuraiFXTrader
forex_trader_187695
Miembro desde Apr 25, 2014   posts 19
Feb 02, 2015 at 10:50
Sell EURUSD now at 1.13500. Good luck!
Miembro desde Oct 08, 2011   posts 137
Feb 02, 2015 at 16:02
Either one of the highs of the last 4 days are legitimate buy-stop entries. (major price-bar formation)
Add 1 pip to either one of the highs (ask price) to enter a trade.
This is only valid, if the high from Friday is traded through on today's bar.
Tomorrow, the current formation is not valid anymore if it does not happen today.
There may be another formation to enter tomorrow.
Prices are currently at 1.1344


"a little bit of knowledge is a dangerous thing"
Miembro desde Oct 11, 2013   posts 775
Feb 02, 2015 at 16:20
Good range for the EURUSD between the 1.1276 area as support and the 1.1363 zone as resistance.
Miembro desde Jul 10, 2014   posts 1117
Feb 02, 2015 at 19:19
honeill posted:
EURUSD is consolidating in a tight range; it looks like the market is taking a pause to bread as the pair waits for the Friday’s nonfarm payrolls.

I agree, we will likely have to wait for the US Non-Farm payrolls to provoke some volatility on the market.
Miembro desde Jun 08, 2014   posts 454
Feb 02, 2015 at 20:29
the market is almost not moving and there are no opportunities on the pair at the moment.
Miembro desde Apr 09, 2014   posts 834
Feb 02, 2015 at 21:43
alexforex007 posted:
Good range for the EURUSD between the 1.1276 area as support and the 1.1363 zone as resistance.

True, eur/usd is trapped in between those range, we need a breakout.
Miembro desde Jun 08, 2014   posts 413
Feb 02, 2015 at 21:50
I agree with you guys that the market is so slow today.
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