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EUR/USD

Member Since Apr 08, 2014
1140 posts
Aug 05, 2014 at 08:16
Member Since Apr 08, 2014
1140 posts
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."
Member Since Feb 27, 2011
47 posts
Aug 05, 2014 at 13:45
Member Since Jul 22, 2014
37 posts
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 |
Member Since Jan 31, 2014
83 posts

forex_trader_178891
Member Since Feb 26, 2014
97 posts
Aug 05, 2014 at 18:30
Member Since Feb 26, 2014
97 posts
vinabao posted:
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 .
For long term seem like down trend still , But I want to ride up pass 1.3500 before SHORT .
Member Since Nov 11, 2012
253 posts
Aug 06, 2014 at 02:36
Member Since Jun 07, 2011
372 posts
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.
Member Since Oct 11, 2013
769 posts
Member Since Jun 08, 2014
454 posts
Member Since Apr 08, 2014
1140 posts
Aug 06, 2014 at 08:59
Member Since Apr 08, 2014
1140 posts
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."
Member Since Jun 09, 2014
134 posts
Aug 06, 2014 at 16:34
Member Since Jun 07, 2011
372 posts
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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