EUR/USD

Next week will be tense, all the eyes on results of Scottish vote, I think I will keep myself out that day.😉

csc2009 posted:
Next week will be tense, all the eyes on results of Scottish vote, I think I will keep myself out that day.😉

I agree, there is no certainty with the result, anything can happen, let's see.

honeill posted:
EURUSD had a dramatic week, falling once again and losing the 1.30 psychology level as the ECB surprised with strong measures. Will we see more falls or can a correction be expected now?

it is looking a lot like the 2008 fall.

EURUSD rose during the course of last Friday session, but the 1.30 level has offered resistance yet again. However, on the weekly chart we have formed a hammer so if the pair can get above the 1.30 level this market will break out to the upside and head towards the 1.3250 level.

r u saying now euro/usd heading to 1.325 ..!!!

now as i say last time, it seem that eurusd intend to correct its move to up and we can not speak about any down move except after break of 1.3415 as start point with best regards for all

I am gonna wait the dollar move in the market cause it seems to going up again against the euro .

For a moment there I was concerned that EUR/USD might start climbing, but then it formed that black marubozu candlestick on the daily filter chart, convincing me once more it will continue its descent to 1.2750 - 1.2700. That said, we might see some range first so I don't think I will start selling again before I see a clear break below the support level at 1.2860.

Technically this is still a bearish market but any breakouts/breakdowns signal may be the sign of changing direction. We have a very busy week ahead of us, so get ready.

The dollar traded mixed against its major pairs G10 this monday morning, with no significant economic events. Appreciated against the EUR, NOK and CHF, in that order, and devalued as the GBP, CAD and NZD. The dollar was stable against the JPY, CHF and SEK.

Iam still waiting for the break let's see how the market will react tomorrow with the German data

We had a bit of bounce yesterday, the German data might give us some direction today or maybe this is just ''Dead Cat Bounce''.

EURUSD pair fell during most of yesterday session, but bounced from the 10 day moving average closing above it. Because of this, the market is going to try to test the 1.30 level, an area that is significantly resistant. A sustained break above the 1.30 significant level, will push the pair to the 1.32 region, and possibly as high as 1.3250 as there is a gap there. Ultimately, a break of the last week consolidation between 1.2979 and 1.2859 should be tomorrow (Wednesday).

I agree with the second scenario for tomorrow . Thank you.

The EUR/USD consolidation continues and I am beginning to suspect we'll have to wait for FED tomorrow before we see any further developments.

The dollar has traded today unchanged or higher compared to its G10 counterparts.
Rose against the SEK, NZD, AUD, GBP and NOK, in that order, whereas it remained unchanged against the USD, JPY, EUR and CAD.

The negative US data today pushed the price little higher but not enough for breaking the resistance 1.3000

Eur/usd continues to bounce, but it is still a flat market today. I guess the market is getting ready for tomorrow.

Yes, we had bounce today, but I still think euro is weak and these are DeadCatBounce.