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Feb 05 2016 at 14:12
posts 1117
The NFP pushed EUR/USD down and it will probably continue falling towards 1.1100. The question is whether this is the end of the move to the upside.

Feb 05 2016 at 17:50
posts 413
The US job data killed the EUR/USD elevation but it still moving over the 1.1119 support today.

Feb 05 2016 at 20:58
posts 325
It is likely not over, but one might write off the extreme upward movements. Unless there are some big surprises in the upcoming data from either US, Japan or Europe. Eyes will be on Yellen the 10. february, and next weeks jobless claims. Then we have eurozone GDP and US retail sales on Friday.

Feb 06 2016 at 09:42
posts 2299
Lol, so, it did not go as I was thinking hence I am flat on eurusd. it is basically ranging but this can be a large move.

Feb 06 2016 at 21:33
posts 454
There is nothing in front of the pair to stop the price climbing MA and resistance levels are broken.

Feb 07 2016 at 08:04
posts 21
@sherifFares yes there is the European economy is still going through QE and a strong euro hurts their economy it's not what Draghi is looking for, they will most definitely implement further QE measures.

Feb 07 2016 at 08:36
posts 708
It seems like the pair is far from parity now.

Feb 07 2016 at 08:36
posts 708
In my opinion, the next levels to watch for are: support - 1.0812, resistance - 1.1246.

Feb 07 2016 at 09:57
posts 2299
Momentum clearly is to upside now. at least it is not whale on the beach anymore. There is clear upside potential but not all resistance is broken and the pair is still in down trend. so. here what i am thinking.

Long trade should be approached form 6-8 h TF.
still need to wait how price action on 6-8h chart will play out

area of interest is 1.0968 to 1.1070 roughly speaking


and this should be had in mind. it is just consolidation on monthly and weekly. still can go to parity.


Current overall bias is long but patience is needed.

Feb 07 2016 at 22:55
posts 834
On the upside, the pair seems have lost it's strength and downside movement seems limited above 1.1100 level.

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