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EUR/USD
Membre depuis Jul 10, 2014
posts 1117
Feb 13, 2017 at 13:56
Membre depuis Jul 10, 2014
posts 1117
The pair is still testing the support at 1.0600, but I don't expect a breakout before the fundamentals later this week.
Feb 13, 2017 at 17:22
(édité Feb 13, 2017 at 17:25)
Membre depuis Nov 14, 2015
posts 325
Broke 1.06 slightly, but the dollar index is still struggeling to keep on gains above 101 sa the dollar struggle with gains in CAD, GBP and JPY. But is now being fairly supported at 100.60. 101.50 next if dollar overcome EURUSD 1.06?
Feb 13, 2017 at 18:33
Membre depuis Nov 14, 2015
posts 325
Cryptocurrency posted:
It looks like central banks must not want the EURO to rise.
USD consumer confidence is down and yet the price of EUR/USD continue to fall.
Le Pen lead is way more scary then that democrats are less confident consumers.
Membre depuis Feb 22, 2015
posts 178
Feb 13, 2017 at 18:35
Membre depuis Feb 22, 2015
posts 178
csc2009 posted:rosentray posted:
EUR/USD's next week should be interesting!
There are no important data scheduled next week in Europe and US, focus stay on political headlines, another word: ''Trump''.
Trump is not a word. Anyhow, there is important news coming soon for EURO.
The EURO german GDP.
I trade Forex using my Bollinger Trend PRO mt4 indicator.
Membre depuis Apr 08, 2014
posts 1141
Feb 14, 2017 at 09:25
Membre depuis Apr 08, 2014
posts 1141
On yesterday session, the EURUSD initially rose but found enough selling pressure at Friday’s open to reverse and close near the low of the day, in addition the currency pair managed to close below Friday’s low, which suggests a strong bearish momentum.
The currency pair closed shy below the 50-day moving average that should act as dynamic support plus remains trading below the 10 and 200-day moving averages both should act as dynamic resistances.
The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, the 10-day moving average at 1.0697 (resistance), a daily support at 1.0622, the 50-day moving average at 1.0599 (support) and a daily support at 1.0462.
The currency pair closed shy below the 50-day moving average that should act as dynamic support plus remains trading below the 10 and 200-day moving averages both should act as dynamic resistances.
The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, the 10-day moving average at 1.0697 (resistance), a daily support at 1.0622, the 50-day moving average at 1.0599 (support) and a daily support at 1.0462.
"I trade to make money not to be right."
Feb 14, 2017 at 13:00
(édité Feb 14, 2017 at 13:01)
Membre depuis Nov 14, 2015
posts 325
Eyes on Yellen, will she opening the door to increase chances of a march hike, or kill it. That will etermine the direction the dollar will take. Also important if she still believes in 3 hikes this year, and the status of the economy.
Membre depuis Sep 12, 2015
posts 1948
Feb 14, 2017 at 13:10
Membre depuis Sep 12, 2015
posts 1948
If you look at the data that should give you a clue, Yellen only reacts to the latest data.
"They mistook leverage with genius".
Feb 14, 2017 at 13:22
Membre depuis Nov 14, 2015
posts 325
snapdragon1970 posted:Sure, but the question is rather what is good for the Fed. Which can be very different from what consensus and market expectations.
If you look at the data that should give you a clue, Yellen only reacts to the latest data.
Membre depuis Sep 12, 2015
posts 1948
Feb 14, 2017 at 14:11
Membre depuis Sep 12, 2015
posts 1948
The Fed hasn't got a clue what its doing, boom and bust cycles , all its got is the latest data, make a nice report and look good.
"They mistook leverage with genius".
Membre depuis Apr 08, 2014
posts 1141
Feb 15, 2017 at 08:03
Membre depuis Apr 08, 2014
posts 1141
On yesterday session, the EURUSD initially rose but found enough selling pressure at 1.0622 daily resistance to reverse and close near the low of the day, in addition the currency pair managed to close below Monday’s low, which suggests a strong bearish momentum.
The currency pair is trading below the 10, 50 and 200-day moving averages all should act as dynamic resistances.
The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, the 10-day moving average at 1.0678 (resistance), a daily resistance at 1.0622, the 50-day moving average at 1.0602 (resistance) and a daily support at 1.0462.
The currency pair is trading below the 10, 50 and 200-day moving averages all should act as dynamic resistances.
The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, the 10-day moving average at 1.0678 (resistance), a daily resistance at 1.0622, the 50-day moving average at 1.0602 (resistance) and a daily support at 1.0462.
"I trade to make money not to be right."
Membre depuis Feb 22, 2015
posts 178
Membre depuis Jul 10, 2014
posts 1117
Feb 15, 2017 at 14:52
Membre depuis Jul 10, 2014
posts 1117
EUR/USD found some support at 1.0520 but the move to the downside will likely continue. A breakout below that level will probably lead to a further drop towards 1.0440.
Membre depuis Feb 22, 2015
posts 178
Feb 15, 2017 at 15:39
Membre depuis Feb 22, 2015
posts 178
victoriajensen posted:
EUR/USD found some support at 1.0520 but the move to the downside will likely continue. A breakout below that level will probably lead to a further drop towards 1.0440.
I'm sure other banks will find this a great opportunity to acquire more EUROs for cheap.
I trade Forex using my Bollinger Trend PRO mt4 indicator.
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