Eur/usd Eur/jpy

i will sell eur/usd and eur/jpy this week. what u guys think about i ? Buy or sell?

The Euro is still being affected by the weak European fundamentals be careful

Let us not forget that now that the 140.00 level has been broken to the downside, this level could become a resistance and a pullback to this zone could make it bounce to the downside.

I think eur/usd could hit 1.3640 but probably 1.3660 is more realistic.

What do others think ?

I have both pairs on short too, the EUR/JPY managed to breach the first key support at 139.30 this morning, it will probably continue to the downside and test 138.98.

Hello csc2009,

I put in 2 short trades for EUR/USD yesterday.

EUR/USD seemed too high and I have been following it down since last Friday.

I am fairly new to trading (since December 2013) but have had fairly positive results.

I still need to refine my strategy and let trades run so here goes with my current trades.

I don't trade EUR/JPY ( you seem to have a handle on this pair) but will look at expanding where I will trade as I gain the necessary experience.

Good Luck

EUR/USD - I am looking at 1.3600 as a first TP maybe move to 1.3580 later in the day or tomorrow early.

im waiting for buy on eur/jpy.

I have closed my short on eur/usd last night, It was not bad. I haven't seen any clear opening for this pair since this morning, I think I'm just going to wait.

Just got whipsaw this morning on EURUSD on a fake break of R1!!!

Yes very briefly, will it test again and break 1.3726 targeting 1.38? I'm not sure.

It's tricky level, I would say. Although I do think EUR/USD more likely still going downside over next few weeks, but not sure what's going to happen the coming days.

Well, for now the EURJPY keeps retracing above the 139.00 level. Lets see if it gets all the way to the 140.00 level.

Hi Peeterwoolf & csc2009,

Just had a look at the eur/usd.

seems a lot of action for the day traders but back at the opening levels.

I still think eur/usd and gbp/usd too high. Eur should be lower than 1.36, GBP needs to be at 1.54. With high rates loss of good value trade, investment and tourism spells danger to the economies of Europe maybe stifling the weaker economies to seek more bailouts

In case of euro - Draghi speaks and breathes fire into the market or is it a damp squib on a wet November 5th.

Yellen, Draghi, Carney and others are giving no positives or negatives - just plain old fence sitting.

I am no expert but it is not even a proactive or reactive market for anyone - seems to be bucking for the masses.

The ones that are quiet are making the good trades.

All the best

Yes I agree, eurusd should be still moving downside, the support of 1.3695 is not very strong, however if it move down lower, bounce up would be expected.

EUR/USD iis not moving much today, however it seems still downside and support of 1.3695 is very questionable.

The EURJPY has a good support at the 139.50 level and 200 Day EMA. We are still waiting to see if we get a retracement above the 139.00 level or if the pair tries to break bellow the 138.50 level.

The EUR/JPY is trading at 1.3825 as Japanese Yen gained more momentum after BoJ gave a very positive monthly report. Since this pair has already broke 138.50 level, further down support comes in at 1.3750 level.

The EURJPY continues heading higher and it may reach the 139.00 level. The price may encounter some resistance there, but as we said above, a breakout of the 139.00 level may signal a change in trend and the price may be able to reach the 140.00 level.