EUR/USD
kieran (snapdragon1970)
Membre depuis Sep 12, 2015
posts 1948
Nov 19, 2015 at 07:04
Possible turnaround at European close
"They mistook leverage with genius".
kieran (snapdragon1970)
Membre depuis Sep 12, 2015
posts 1948
Nov 19, 2015 at 07:16
Huge drop to 10617,that's why I don't trade after 17.30,can't beat HFTs no matter how fast you are on the trigger.
"They mistook leverage with genius".
Nov 19, 2015 at 08:06
On Wednesday session the single currency recorded a light increase against the US dollar.The pair opened at a price of 1.0640 and after a volatile session closed at a rate of 1.0658. Daily extreme values were reached respectively at 1.0617 and 1.0692. The positive outlook still prevails, but for further gains is needed breakthrough of 1.0676.
Hugo ONeill (honeill)
Membre depuis Apr 08, 2014
posts 1141
Nov 19, 2015 at 09:18
Yesterday the EURUSD went back and forward with a wide range, creating an outside day but managed to close in the green in the middle of the daily range.
According to the US Federal Reserve (Fed) policymakers latest meeting, a potential increase of the interest rate is on the table for the next Fed meeting on 16th of December.
The key levels to watch are the 1.0900 (Resistance), 1.0819 (resistance), the 10-day moving average at 1.0721 (resistance), a Fibonacci extension at 1.0703 (resistance) and 1.0622 (Support).
According to the US Federal Reserve (Fed) policymakers latest meeting, a potential increase of the interest rate is on the table for the next Fed meeting on 16th of December.
The key levels to watch are the 1.0900 (Resistance), 1.0819 (resistance), the 10-day moving average at 1.0721 (resistance), a Fibonacci extension at 1.0703 (resistance) and 1.0622 (Support).
"I trade to make money not to be right."
tommy2308
Membre depuis Jul 04, 2013
posts 88
Nov 19, 2015 at 12:13
In my opinion the FOMC minutes seeded the doubt over a rate Hike in december and it was understood as probably not this time again. So that pushed the pair back to 1-07, but we need to see the EU Policy in about half an hour and see if the Central Banks are willing to push the pair lower or are trying to stabilize this drop since Oct.
So in my opinion it is a moment to be cautious and wait and see, If there is a rate change in december 15-16 it wont be as hard for the EURO than if yesterday they had confirmed the hike.
Probably , although they know that parity is on its way the members of teh FOMC do not want to accelerate things and are trying to release some pressure.
So in my opinion it is a moment to be cautious and wait and see, If there is a rate change in december 15-16 it wont be as hard for the EURO than if yesterday they had confirmed the hike.
Probably , although they know that parity is on its way the members of teh FOMC do not want to accelerate things and are trying to release some pressure.
kieran (snapdragon1970)
Membre depuis Sep 12, 2015
posts 1948
Nov 19, 2015 at 14:51
Valicourt posted:
Early bird cathes the worm. Anyone long yet? (not me by the way)
True saying,I traded short at 10717 down to 10670 closed out watching for the next range trade
"They mistook leverage with genius".
Membre depuis Jul 10, 2014
posts 1117
Nov 19, 2015 at 16:21
Apparently some correction is in order. The pair is headed for the resistance at 1.0800. I doubt that's the end of the bearish trend though.
Nov 19, 2015 at 16:29
victoriajensen posted:
Apparently some correction is in order. The pair is headed for the resistance at 1.0800. I doubt that's the end of the bearish trend though.
I agree with you on that, and seems that there is a positive expectation for Draghi's speech in Friday.
Membre depuis Jun 08, 2014
posts 454
Nov 19, 2015 at 18:37
EUR/USD made a correction from 1.065 level, I don't see further correction until price break 1.0728 and close above it on the 4 hour chart.
Nov 20, 2015 at 07:46
On Thursday session the single currency recorded an increase against the US Dollar. The session started at 1.0658 and ended 74 pips higher. The bulls prevailed and the first resistance at 1.0676 was broken. Expecting further increase of the euro and a break of next resistance at 1.0854.
Nov 20, 2015 at 10:04
snapdragon1970 posted:Valicourt posted:
Early bird cathes the worm. Anyone long yet? (not me by the way)
True saying,I traded short at 10717 down to 10670 closed out watching for the next range trade
I am looking for long on the daily chart. Still standing by :)
No losses no cry.
Membre depuis Aug 26, 2014
posts 26
Nov 20, 2015 at 10:07
Ok ,
I think correction is over ,start short to 1.000
I think correction is over ,start short to 1.000
Hugo ONeill (honeill)
Membre depuis Apr 08, 2014
posts 1141
Nov 20, 2015 at 10:27
Yesterday the EURUSD rose with a wide range and closed in the green near the high of the day, shy above the 10-day moving average. The question is if the pair has enough strength to follow thru the upward momentum.
The key levels to watch are the 1.0900 (Resistance), 1.0819 (resistance), the 10-day moving average at 1.0719 (resistance), a Fibonacci extension at 1.0703 (support) and 1.0622 (Support).
The key levels to watch are the 1.0900 (Resistance), 1.0819 (resistance), the 10-day moving average at 1.0719 (resistance), a Fibonacci extension at 1.0703 (support) and 1.0622 (Support).
"I trade to make money not to be right."
Membre depuis Jun 08, 2014
posts 454
Nov 20, 2015 at 18:43
EUR/USD is swinging in the 100 pip range between 1.0729 and 1.0630.
Membre depuis Jul 10, 2014
posts 1117
Nov 20, 2015 at 18:45
I doubt the pair will succeed in breaking below the last low at 1.0616 before the market closes today but next week it probably will and we will see a further move to the downside towards 1.0520.
Membre depuis Oct 11, 2013
posts 775
Nov 21, 2015 at 04:26
The divergence between the monetary policies of the ECB and FED will most likely keep the EURUSD falling, even if on its way down we see some retracements.
