EUR/USD
Membre depuis Jul 10, 2014
posts 1117
Jan 19, 2015 at 16:35
The EUR/USD is consolidating after the big drop last week. The question is how long will this consolidation last. Personally, I do think it's high time for correction but at the moment there is no signal that correction is about to begin.
Jan 20, 2015 at 03:52
there is far too much bad news still to come from Europe, I would say 1.13 / 1.12 is on the cards. only then will i be a bit hesitant to short the pair further. Daily FX mentions a very aggressive correction when it does eventually happen. i am currently trading the pair on a daily basis, hesitant to keep it overnight and weekends.
Membre depuis Apr 08, 2014
posts 1141
Jan 20, 2015 at 07:37
EURUSD rose on yesterday session but with a narrow range creating an inside day. The pair is trying to build up enough of a bullish momentum to head back to the 1.18 level. Be aware, this week is “do or die” for EURUSD due to the ECB monetary policy statement on Thursday and the Greek elections on Sunday.
"I trade to make money not to be right."
Jan 20, 2015 at 12:46
EUR / USD recovered yesterday but touched the resistance and retreated a bit.
The short-term trend remains downward.
The daily oscillators indicate the speed of momentum 'bearish' and open the way to future falls.
The 14-day RSI is oversold and pointing down.
The daily MACD is below the signal line and pointing down.
Shows minimum and maximum lower and below the two moving averages of 50 and 200 days.
R3 - 1.17355
R2 - 1.16871
R1 - 1.16466
Daily Std. Pivot - 1.15982
S1 - 1.15577
S2 - 1.15093
S3 - 1.14688
https://bewayopa.wordpress.com/
The short-term trend remains downward.
The daily oscillators indicate the speed of momentum 'bearish' and open the way to future falls.
The 14-day RSI is oversold and pointing down.
The daily MACD is below the signal line and pointing down.
Shows minimum and maximum lower and below the two moving averages of 50 and 200 days.
R3 - 1.17355
R2 - 1.16871
R1 - 1.16466
Daily Std. Pivot - 1.15982
S1 - 1.15577
S2 - 1.15093
S3 - 1.14688
https://bewayopa.wordpress.com/
Membre depuis May 03, 2013
posts 50
Jan 20, 2015 at 16:23
EURUSD is very good for Scalping in last months.
We made 50 WINS in a Row with EURUSD.
https://www.myfxbook.com/members/FXScalpinoRobot/forex-scalpino-robot/1054635
We made 50 WINS in a Row with EURUSD.
https://www.myfxbook.com/members/FXScalpinoRobot/forex-scalpino-robot/1054635
Membre depuis Jul 10, 2014
posts 1117
Jan 20, 2015 at 17:29
EUR/USD formed several dojis in the 4 hour filter chart under the resistance level at 1.1610 and slowly began dropping but it hasn't broken below the support at 1.1540. Frankly, I don't think we can expect big movements before ECB monetary policy statement on Thursday.
Membre depuis Jun 08, 2014
posts 454
Jan 20, 2015 at 18:49
I don't think anything will happen much until Thursday.
Membre depuis Apr 14, 2014
posts 230
Jan 20, 2015 at 22:28
csc2009 posted:
Very tight range today, not even any reaction to ZEW data, I guess we do have to wait for Thursday.
I guess so, no one wants to take any risk now.
Membre depuis Apr 08, 2014
posts 1141
Jan 21, 2015 at 09:25
EURUSD fell during the course of yesterday session, but did not move very far from Mondays low at 1.1551. The pair is in a sideways action waiting for the “do or die” events the 1st one tomorrow with the ECB monetary policy and the other one on Sunday the Greek elections. So be aware of explosive volatility in the next few days.
"I trade to make money not to be right."
Membre depuis Oct 08, 2011
posts 137
Jan 21, 2015 at 13:21
EUR/USD
either one of the highs of the last 3 days is a legitimate buy-stop entry price, due to a major formation that is forming.
Use the high-price of either one of the last 3 days and add 1 pip (ask price)
Trade to near 1.1750
either one of the highs of the last 3 days is a legitimate buy-stop entry price, due to a major formation that is forming.
Use the high-price of either one of the last 3 days and add 1 pip (ask price)
Trade to near 1.1750
"a little bit of knowledge is a dangerous thing"
Membre depuis Apr 14, 2014
posts 230
Jan 21, 2015 at 14:09
honeill posted:
EURUSD fell during the course of yesterday session, but did not move very far from Mondays low at 1.1551. The pair is in a sideways action waiting for the “do or die” events the 1st one tomorrow with the ECB monetary policy and the other one on Sunday the Greek elections. So be aware of explosive volatility in the next few days.
''do or die'' very accurate for the current situation.
Jan 21, 2015 at 17:54
peeterwoolf posted:honeill posted:
EURUSD fell during the course of yesterday session, but did not move very far from Mondays low at 1.1551. The pair is in a sideways action waiting for the “do or die” events the 1st one tomorrow with the ECB monetary policy and the other one on Sunday the Greek elections. So be aware of explosive volatility in the next few days.
''do or die'' very accurate for the current situation.
Yeah, i agree with that, but we will see what tomorrow brings to us.
Membre depuis Jul 10, 2014
posts 1117
Jan 21, 2015 at 18:20
Another slow day for the EUR/USD pair. I am sure that after tomorrow's ECB rate decision and Mario Draghi's press-conference the market would be anything but slow. And then there're the Greek elections on Sunday. This is like the calm before the storm.
Jan 21, 2015 at 18:22
EUR / USD was stable during yesterday closing slightly downwards.
The short-term bias remains negative, but given the positive divergence between the RSI and the price action, we can see some reactions.
On the daily chart, the price structure is with downward trend and forming minimum and maximum lower and below both moving averages 50 and 200 days.
R3 - 1.16691
R2 - 1.16416
R1 - 1.15948
Daily Std. Pivot - 1.15673
S1 - 1.15205
S2 - 1.14930
S3 - 1.14462
https://bewayopa.wordpress.com/
The short-term bias remains negative, but given the positive divergence between the RSI and the price action, we can see some reactions.
On the daily chart, the price structure is with downward trend and forming minimum and maximum lower and below both moving averages 50 and 200 days.
R3 - 1.16691
R2 - 1.16416
R1 - 1.15948
Daily Std. Pivot - 1.15673
S1 - 1.15205
S2 - 1.14930
S3 - 1.14462
https://bewayopa.wordpress.com/
Membre depuis Jun 08, 2014
posts 454
Jan 21, 2015 at 19:58
tomorrow is the big day I guess it's normal for today the market to be dead
Membre depuis Jan 31, 2014
posts 83
Jan 21, 2015 at 20:47
QE is coming for Eurozone and so down we go.
1.14 looking in the near horizon.
1.14 looking in the near horizon.
Si eius XCIX% Ius ergo est Nefas - Sileo processus (If its 99% Right then it is Wrong - Restart the process)
Membre depuis Nov 12, 2010
posts 174
Jan 22, 2015 at 07:53
I believe we shall be seeing 1.14 today if all goes as expected with the ECB
See my profile or message me for my latest EA
