EUR/USD

I believe there was a lot of bears here. Indeed. a good place to measure sentiment.

Ingimundur posted:

adrian8891 posted:
Anybody alive after data? ;)

Yes, strong as a Bull 😎

I see that You have triggered to be Forexee :D

Abdul2012 posted:
So we have to wait today , no trade in EUR/USD.

No trading this today, and it was good decision.

Me too, relax and football day today.😝

The football is not being very relaxing we are already at the end of part 2 of the overtime.
As often happens in markets is best to go to penalties 😎

Attention to the EURUSD in case it comes back down to the 1.3600 level, because that zone could act as support.

Yesterday ECB President Draghi said that ECB officials are unanimous to act further if need be and that ECB policy is to remain accommodative for extend period. While the ECB did not alter its policy, the message was dovish, with a wide open door to QE.

EURUSD is staying in range below 1.3717 and above 1.3525. On the downside, break of 1.3576 will turn bias back to the downside for 1.3525. Meanwhile, above 1.3717 will bring another rally.

I think EURUSD will be down first before rally .
I stay SHORT now for little profit before buy .

European markets have eyes in the interest rate announcement by the Bank of England today at 12pm, with all economists awaiting stable interest rates at current levels.

At this moment it is on the 1.3613 , so do i have to buy now or wait more farther ?

1.36 is holding the price pretty good lets see if this support will prove to be worthy again or not

And if you try to scalp a few days? Does it make sense?

The eur/usd is still looking bearish now, let's see will it continue on this trend?

Lets see where the EURUSD keeps heading from the current levels, There is a lot of volatility, but it can go in any direction.

Both scenarios are possible but the market is not that strong to see noticeable move today.

Although yesterday session looks like a panic sell-off on EURUSD, the market is still trading in the middle of its one month range so trading conditions are being controlled. The situation in Portugal should be watched closely by traders to determine whether this is an isolated incident, or something that could spread to other nations.

The news brought again to light the problems faced by European banks, particularly those in the European periphery (Ireland, Portugal, Spain, Italy and Greece), which has not yet fully recovered from the financial crisis. Moreover, the EU has not yet finalized its rules on how to deal with troubled banks. Lately, the market may be expressing doubts whether the plan of an ECB refinancing operation towards the long term (TLTRO) will be able to bring European banks lending again and revive the economic stability of the Eurozone. The news Thursday also showed sharp declines in industrial production in France and Italy, in May, according to previous reports of decline in production in Germany and Spain during the month. As a result of these questions, a Spanish bank had to cancel a sale of securities and trading was halted in several Italian banks.
Renovated in the European banking sector risk is negative for the euro and positive for the dollar, the yen and gold

Ok Guys .
Time to BUY EURUSD .

vinabao posted:
Ok Guys .
Time to BUY EURUSD .

 Why not wait for it to accumulate at a pivot level before buying....