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EUR/USD
Dec 28, 2015 at 09:50
Membre depuis May 01, 2015
posts 675
Euro/dollar was hesitant last week. Signals are neutral in the short term, probably with slight bullish signals for testing 1.1060. A clear break and daily close above that level could trigger further bullish pressure testing the trend line resistance at 1.1150 - 1.1180, which is a good place for a short position with tight stop loss.
Membre depuis Sep 12, 2015
posts 1948
Dec 28, 2015 at 15:01
Membre depuis Sep 12, 2015
posts 1948
We wont know for sure until the start of the month when money is reinvested by the big players.
"They mistook leverage with genius".
Membre depuis Jul 10, 2014
posts 1117
Dec 28, 2015 at 16:27
Membre depuis Jul 10, 2014
posts 1117
I think that EUR/USD is bound for the downside, but it's likely it will continue climbing for a little while longer until it reaches 1.1040 at best before it starts plunging again.
Membre depuis Jun 08, 2014
posts 454
Membre depuis Sep 12, 2015
posts 1948
Dec 28, 2015 at 21:21
Membre depuis Sep 12, 2015
posts 1948
Wassim posted:snapdragon1970 posted:Wassim posted:
The EUR/USD drop since 2008 is a correction of the uptrend from October 2000. i believe the pair will not drop any lower, and if it does it will be minimum.
I am bullish on the pair for the next 5 years or so.
Same here,bullish on the Euro,watch my video on the Fed...
where can i find the video?
The link is in VIP videos section New Traders'the mind set of the FED'.
"They mistook leverage with genius".
Dec 29, 2015 at 07:21
Membre depuis May 01, 2015
posts 675
The single currency remained practically unchanged against the US dollar at a level of 1.0965. The graphics continued to develop above the moving averages, while the index of relative strength remained at neutral territory. The peak was reached at 1.0992 and the bottom at 1.0958. The outlook remains positive, as an immediate target are levels at 1.0975.
Membre depuis Jul 10, 2014
posts 1117
Dec 29, 2015 at 14:02
Membre depuis Jul 10, 2014
posts 1117
EUR/USD reached the resistance at 1.0990 - 1.1000, failed to break above that level and fell sharply. The pair will likely reach the support at 1.0900, and if it breaks out below that level it will continue towards the next support at 1.0800.
Membre depuis Sep 12, 2015
posts 1948
Dec 29, 2015 at 14:15
Membre depuis Sep 12, 2015
posts 1948
stocks are to open higher,wall street under pressure to deliver a year end rally,crude oil futures are going up,I expect a bounce off this 900 level,how long it will last is questionable .
"They mistook leverage with genius".
Membre depuis Jan 25, 2015
posts 4
Membre depuis Jun 08, 2014
posts 454
Dec 30, 2015 at 08:23
Membre depuis May 01, 2015
posts 675
The single currency recorded a decrease against the US dollar on Tuesday. The session started at a price of 1.0965 and ended 47 pips lower. Daily extreme values were reached respectively at 1.0991 and 1.0899. If EUR/USD meet the negative attitudes, next target seems to be levels at 1.0854.
Membre depuis Jul 10, 2014
posts 1117
Dec 30, 2015 at 14:26
Membre depuis Jul 10, 2014
posts 1117
csc2009 posted:
Eur/Usd has found support at 1.0900 level, but the liquidity is terribly low, bearish movements remain limited. Let's see there will be any significant change before the new year.
You're right, the pair reached 1.0900 but couldn't break below that support. Range will likely continue, so we can expect a new move to the upside towards 1.0980 again.
Membre depuis Sep 12, 2015
posts 1948
Dec 30, 2015 at 19:11
Membre depuis Sep 12, 2015
posts 1948
I think it will remain flat,no new money will come into play until the New Year.We are stuck between 900 and 940 for now,I have no positions until New Year.
"They mistook leverage with genius".
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