EUR/USD
Miembro desde Jun 08, 2014
posts 454
Dec 15, 2015 at 17:01
EUR/USd rebounded back again to 1.0900 as the start of the week and tomorrow is the big day for the FED interest rate decision. I closed all my USD open positions because tomorrow the market will face a very high volatility.
Miembro desde Sep 12, 2015
posts 1948
Dec 15, 2015 at 17:41
Wise closing out ,I usually close out at 4- 4:30,tomorrow will be like a roller coaster ride.
"They mistook leverage with genius".
Dec 15, 2015 at 17:54
sherifFares posted:
EUR/USd rebounded back again to 1.0900 as the start of the week and tomorrow is the big day for the FED interest rate decision. I closed all my USD open positions because tomorrow the market will face a very high volatility.
You are playin it safe all the time, And i did the same waiting for the big moves tomorrow .
Miembro desde Oct 11, 2013
posts 775
Dec 16, 2015 at 01:42
The 1.0900 level has been a good support for the EURUSD, but depending on what the FED says, it may break it or maybe break the 1.1000 to the upside. in waiting mode now.
Miembro desde Apr 08, 2014
posts 1141
Dec 16, 2015 at 09:36
Yesterday the EURUSD fell with a wide range, creating an outside day and close near the low of the day, in addition closed below the previous day low, all suggesting that the bears are stepping in.
The 10-day moving average continues to support the pair but now is turning flat ahead of the FED interest rate decision later today.
The key levels to watch are the 1.1097 (resistance), a 200-day moving average at 1.1084 (resistance), the 10-day moving average at 1.0937 (support), 1.0900 (support) and 1.0819 (support).
The 10-day moving average continues to support the pair but now is turning flat ahead of the FED interest rate decision later today.
The key levels to watch are the 1.1097 (resistance), a 200-day moving average at 1.1084 (resistance), the 10-day moving average at 1.0937 (support), 1.0900 (support) and 1.0819 (support).
"I trade to make money not to be right."
Dec 16, 2015 at 09:51
The euro is losing ground against the dollar on Tuesday. As a result, the pair managed to break through the support at 1.0912. Although the single currency retreated against the dollar, short-term expectations remain in its favor. If they are justified resistance at 1.1070 could be tested. Tuesday session started at 1.0990, initially bulls prevailed and currencies peaked at 1.1059. Subsequently the direction was changed and ultimately came to a final price of 1.0928.
Miembro desde Jul 10, 2014
posts 1117
Dec 16, 2015 at 16:59
veryone are waiting for the FOMC interest rate statement and Yellen's press-conference. I don't think there's any point to try and trade EUR/USD before those events, but afterwards the market will go wild.
Miembro desde Jun 08, 2014
posts 454
Dec 16, 2015 at 17:01
EUR/USD is completely not moving all day long and waiting for the interest rate bomb to be dropped by the FED in 1 Hour
forex_trader_278441
Miembro desde Oct 04, 2015
posts 52
Dec 16, 2015 at 20:09
The pair will slowly move back South after the STRESS is out the market...ECB is up to come now :)
Miembro desde Nov 12, 2010
posts 174
Dec 17, 2015 at 03:26
Looks like back to 1.06/1.05 we go, expecting to have the dollar keep getting stronger as data has been coming out strong in the USA still.
See my profile or message me for my latest EA
forex_trader_278441
Miembro desde Oct 04, 2015
posts 52
Dec 17, 2015 at 07:33
Yes I agree.... 10.00u Germany will ad some info in the air. So, watch out....
BUT overall ... the pair will be SOUTH.
BUT overall ... the pair will be SOUTH.
Dec 17, 2015 at 07:36
Abdul2012 posted:
EUR/USD unfortunately did not act as expected and kept in a tight rang the whole day close the opening point. Let's see if there are any signs for a good chance tomorrow.
You are right, the pair made a reversal from today's high 1.1010 and falling below 1.0900 level which is now become the important resistance handle, but Eur/Usd is still in the range.
forex_trader_278441
Miembro desde Oct 04, 2015
posts 52
Dec 17, 2015 at 07:48
1.08000 will be the goal for today I assume...but could go lower if today's data will be in for it.
Dec 17, 2015 at 08:18
The single currency recorded a volatile session against the dollar on Wednesday. Ultimately, the euro retreated, but the decrease was not significant. Meanwhile, the support at 1.0902 was pierced. If bearish sentiment continue in the future, the pair will test the level at 1.0838. Trading day on Wednesday started at a price of 1.0928, as the trend was relatively neutral to the beginning of long-awaited meeting of the US Federal Reserve. After that currencies fluctuate widely, the difference between the highest and lowest value for the day was 107 pips.
Miembro desde Apr 08, 2014
posts 1141
Dec 17, 2015 at 09:04
Yesterday the EURUSD initially rose but found enough selling pressure to turn around and and close near the low of the day, in addition closed below the previous day low, all suggesting that the bears remain in control.
The 10-day moving average reversed its roll from support to resistance, as the pair is now trading below it.
The key levels to watch are the 1.1097 (resistance), a 10-day moving average at 1.0933 (resistance), the 50-day moving average at 1.0835 (support), 1.0900 (support) and 1.0819 (support).
The 10-day moving average reversed its roll from support to resistance, as the pair is now trading below it.
The key levels to watch are the 1.1097 (resistance), a 10-day moving average at 1.0933 (resistance), the 50-day moving average at 1.0835 (support), 1.0900 (support) and 1.0819 (support).
"I trade to make money not to be right."
Miembro desde Jul 10, 2014
posts 1117
Dec 17, 2015 at 16:10
If one thing became certain after the fundamentals last night that is EUR/USD will likely continue falling. It broke below the support at 1.0845 and I think it will continue moving to the downside at least until it reaches the next level of support at 1.0785.
Miembro desde Jun 08, 2014
posts 454
Dec 17, 2015 at 17:06
victoriajensen posted:
If one thing became certain after the fundamentals last night that is EUR/USD will likely continue falling. It broke below the support at 1.0845 and I think it will continue moving to the downside at least until it reaches the next level of support at 1.0785.
I agree, but it was surprising that the market didn't react to yesterday's interest rate announcement as expected.
