EUR/USD
Membre depuis Dec 22, 2015
posts 41
Dec 08, 2016 at 15:21
EURUSD was exposed to huge levels of volatility following the ECB's decision to reduce its purchase schedule of €80 billion per month to €60 billion per month. EURUSD currently trades at 1.06342.
Check out chart here:
Check out chart here:
Membre depuis Feb 19, 2014
posts 61
Dec 08, 2016 at 15:47
what move euro...so its still down...or reactment some i had buy....
Dec 08, 2016 at 17:41
Euro is taking a beating after the Draghi speech when it became clear that the ECB will continue its easy monetary policy. The pair went from 1.0872 to current market price of 1.0600, which is also the lowest point since the event.
Dec 08, 2016 at 17:45
The dollar rebounded against a basket of currencies on Thursday after the European Central Bank has stated that they intend to extend their asset purchase program by another nine months, while the US labor market data fell short of the forecast.
The EUR/USD fell by 0.43% to 1.0712, falling from session highs at 1.0873.
The EUR/USD fell by 0.43% to 1.0712, falling from session highs at 1.0873.
Dec 09, 2016 at 08:09
Following the announcement by ECB the single currency recorded its biggest drop against the dollar since June. As expected the bank is extending the program of quantitative easing, but surprised markets with lower monthly volume of purchases. The EUR/USD pair wiped out 139 pips to 1.0612. The price went below the moving averages, while RSI is losing ground. Attitudes remain negative and break of 1.0580 will contribute to further decline.
Membre depuis Feb 19, 2014
posts 61
Dec 09, 2016 at 12:39
hii eurousd still very low what next eu now..
Dec 09, 2016 at 18:24
(édité Dec 09, 2016 at 18:26)
USD/CAD on the other hand kept losing gains today as the pair reached a low of 1.3152. Bearish camp has taken control and now next target is 1.31. Main trend on the short term remains bearish, on the long term the latest move is seen as a correction to the upward trend.
The correlation with the EUR/USD is in divergence as we're seeing a steady depreciation in both pairs.
The correlation with the EUR/USD is in divergence as we're seeing a steady depreciation in both pairs.
Membre depuis Sep 12, 2015
posts 1948
Dec 09, 2016 at 18:28
I expect rates to go up,thats why Usd is bullish now, its pricing in before hand.
"They mistook leverage with genius".
Membre depuis Dec 22, 2015
posts 41
Dec 11, 2016 at 07:23
EURUSD is still under selling pressure after ECB's decision to taper its monthly bond purchase program causing the pair to crash. EURUSD is currently trading at 1.05668.
Fichiers joints:
Dec 11, 2016 at 07:41
snapdragon1970 posted:
I expect rates to go up
One thing i have learnt in forex over time is not to try to predict were price will go, i just trade what i see on a daily basis....i have disabled my MT4 news feed and i dont pay attention to Inflection points, Parity, 00 levels etc, I JUST TRADE WHAT I SEE
Proverbs 22 vs 29
Membre depuis Sep 12, 2015
posts 1948
Dec 11, 2016 at 14:39
Kingace posted:All that stuff is just a short cut representation ,its not a true picture of what is really happening behind the scenes , anyone who tells you any different is deluded , although saying that it does give you a clue as to where retail traders are sitting , that's why you get knocked out so easily.
No single indicator, not even a Trendline
"They mistook leverage with genius".
Membre depuis Oct 02, 2014
posts 909
Dec 11, 2016 at 14:41
Expecting the events unfold this week.
Positivity
forex_trader_383653
Membre depuis Dec 12, 2016
posts 8
Dec 12, 2016 at 07:52
Yes, it's in long term downtrend and it continues to fall.
Membre depuis Apr 08, 2014
posts 1141
Dec 12, 2016 at 09:25
On the last Friday’s session the EURUSD fell again but this time with a narrow range and closed near the low of the day, also managing to close below Thursday’s low, which suggests a strong bearish momentum.
The currency pair is trading below the 10, 50 and the 200-day moving averages that should act as dynamic resistances.
The key levels to watch are: a daily resistance at 1.0819 (resistance), a Fibonacci extension at 1.0666 (resistance), the 10-day moving average at 1.0650, a daily resistance at 1.0622, (support) and the all-time low at 1.0462.
The currency pair is trading below the 10, 50 and the 200-day moving averages that should act as dynamic resistances.
The key levels to watch are: a daily resistance at 1.0819 (resistance), a Fibonacci extension at 1.0666 (resistance), the 10-day moving average at 1.0650, a daily resistance at 1.0622, (support) and the all-time low at 1.0462.
"I trade to make money not to be right."
Membre depuis Jul 10, 2014
posts 1117
Dec 12, 2016 at 13:03
EUR/USD has formed an inverted hammer candlestick on the weekly time-frame above the support at 1.0500 after its move to the downside last week. A bounce to the upside is possible, but it's unlikely that will occur before the FED interest rate decision announcement later this week.
