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EUR/USD
Membre depuis Apr 08, 2014
posts 1141
Aug 05, 2014 at 08:16
Membre depuis Apr 08, 2014
posts 1141
EURUSD initially fell during yesterday with a very tight range forming an inside day and as a result even if we do see some bullish pressure now, it’s going to have a fight on its hands to get above the 1.35 handle.
"I trade to make money not to be right."
Membre depuis Feb 27, 2011
posts 53
Aug 05, 2014 at 13:45
Membre depuis Jul 22, 2014
posts 36
Abdul2012 posted:
Hi,
I am not tempting to open position for buying eur/usd today cause it seems to me it is going down soon.
Same here | I am already stuck with 2 orders, showing -ve as of now |
Let the ration come back to 1.344 to me |
Forex - Currency Trading is for Living |
Membre depuis Jan 31, 2014
posts 83
forex_trader_178891
Membre depuis Feb 26, 2014
posts 104
Aug 05, 2014 at 18:30
Membre depuis Feb 26, 2014
posts 104
vinabao posted:For long term seem like down trend still , But I want to ride up pass 1.3500 before SHORT .
EURUSD start build strong support for long at 1.3370 level .
expect to go up to 1.3500 soon .
Perfect time to enter LONG .
Good luck .
Membre depuis Nov 11, 2012
posts 271
Aug 06, 2014 at 02:36
Membre depuis Jun 07, 2011
posts 372
Switching back to the bearish trend was the right thing to do as bears once again rallied, pushing the pair to new lows underneath 1.3365.
Bearish is the way, but the risk of a bullish correction has increased with the presence of a bullish RSI divergence on the 4h and daily charts.
Only above 1.3450 do we see the trend as mixed.
Bearish is the way, but the risk of a bullish correction has increased with the presence of a bullish RSI divergence on the 4h and daily charts.
Only above 1.3450 do we see the trend as mixed.
Membre depuis Oct 11, 2013
posts 775
Membre depuis Jun 08, 2014
posts 454
Membre depuis Apr 08, 2014
posts 1141
Aug 06, 2014 at 08:59
Membre depuis Apr 08, 2014
posts 1141
Yesterday the EURUSD took another step lower and printed fresh year to date lows as the greenback strengthened following better-than-expected factory orders and ISM non-manufacturing PMI.
Now the million dollar question: How low can you go?
Now the million dollar question: How low can you go?
"I trade to make money not to be right."
Membre depuis Jun 09, 2014
posts 138
Aug 06, 2014 at 16:34
Membre depuis Jun 07, 2011
posts 372
The EURUSD is at minimum of nine months.
With the weak German data to bring concerns about the recovery of the European Union, the 10-year German Bunds negotiate a positive trend and test highs.
In Italy, industrial production exceeded expectations (0.9% vs. Exp 0.7%).
However, the Italian GDP was much lower than expected (-0.2% vs. Exp 0.1%), causing more pressure on Europe.
With the weak German data to bring concerns about the recovery of the European Union, the 10-year German Bunds negotiate a positive trend and test highs.
In Italy, industrial production exceeded expectations (0.9% vs. Exp 0.7%).
However, the Italian GDP was much lower than expected (-0.2% vs. Exp 0.1%), causing more pressure on Europe.
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