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EUR/USD
Miembro desde Apr 08, 2014
posts 1141
Apr 02, 2015 at 07:58
Miembro desde Apr 08, 2014
posts 1141
Last month EURUSD fell more than 4.0% and is in a bearish phase, trading below the 10-day moving average. The pair initially fell during yesterday session but found enough support at a Tuesday’s low to turn around and closed near the open of the day, creating an inside day pattern. Stochastic is showing bearish momentum but is still above the 50 level.
"I trade to make money not to be right."
Miembro desde Nov 21, 2011
posts 1718
Apr 02, 2015 at 14:33
Miembro desde Nov 21, 2011
posts 1718
Miembro desde Oct 11, 2013
posts 775
Miembro desde Jun 08, 2014
posts 454
Miembro desde Apr 14, 2014
posts 230
Miembro desde Apr 08, 2014
posts 1141
Apr 03, 2015 at 07:22
Miembro desde Apr 08, 2014
posts 1141
EURUSD rose on yesterday session closing well in the green near the high of the day and above the 10-day moving average. Today we will have low liquidity due to Good Friday bank holiday in Europe and Oceania however in the US the nonfarm payrolls and the unemployment rate are due today late morning. The bank expects expect the unemployment rate to remain unchanged at 5.5% and the nonfarm payroll job growth of 220K in March, which is below the consensus forecast of 245K.
"I trade to make money not to be right."
Miembro desde Nov 21, 2011
posts 1718
Apr 03, 2015 at 12:49
Miembro desde Nov 21, 2011
posts 1718
Miembro desde Apr 14, 2014
posts 230
Miembro desde Jul 10, 2014
posts 1117
Apr 03, 2015 at 18:59
Miembro desde Jul 10, 2014
posts 1117
I think now that the pair has broken above 1.1000 it is headed for 1.1050, and if it breaks above that resistance it might reach 1.1200.
Miembro desde Jun 08, 2014
posts 454
Apr 03, 2015 at 20:22
Miembro desde Jun 08, 2014
posts 454
The EUR/USD failed to break the resistance line 1.1000 the price didn't get the required push from the US data to break the psychological resistance and rebounded back to close under it. definitely Monday if the rebound continue I am going short.
Miembro desde Apr 14, 2014
posts 230
Miembro desde Oct 11, 2013
posts 775
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