EUR/USD

Darkdevil2000 posted:
America have finished to run. It needs to destroy Euro and Europe, and will do it with every possible arms, political, financial and Usd war.

The United States will not have anything easy. Although the euro may end up yielding to the dollar.

snapdragon1970 posted:

stian posted:
It has been neutral in a somewhat 30 pip range. It is largely political moves, not data. Eyes on Trump.

I think the Trump move already priced in.

Correct, but we have no idea what he might add.

That's for sure stian, speculative traders pushing the price around, I cant complain Target was a good buy for me earlier.

Short from 1.0630. We'll see.

Relatively calm start of the week for the EUR/USD.

On Tuesday, trading in Europe is relatively quiet. In anticipation of the President's speech the United States, major currency pairs traded in limited price ranges.
EUR/USD is trading at 1.0598 against the average price of 1.0586 of intraday range 1,0565-1,0607. Although the desire of eurobulls to resume the offensive does not inspire much optimism, the euro on dips is in demand.

It looks like the price is retesting that support line in the image I posted earlier.

idimitrov posted:
On Tuesday, trading in Europe is relatively quiet. In anticipation of the President's speech the United States, major currency pairs traded in limited price ranges.
EUR/USD is trading at 1.0598 against the average price of 1.0586 of intraday range 1,0565-1,0607. Although the desire of eurobulls to resume the offensive does not inspire much optimism, the euro on dips is in demand.

Post-Trump speech effect, the pair broke below its range, I set my eyes on 1.05 level.

3 possible directions to trade EUR/USD
Which one is your favorite path?

Darkdevil2000 posted:
America have finished to run. It needs to destroy Euro and Europe, and will do it with every possible arms, political, financial and Usd war.

what a crazy thought

1637: Tulip price index 'docet'

For me... Checking the 50/200 EMA ... the momentum is quite negative.. strong negativity.. From 1 day to 15 minute chart..

It looks like the decision is made, the central banks decided to move the price of EUR/USD down to 1.03 level to retest that low support line.

Previous chart:

On yesterday session, again the EURUSD initially tried to rally but found enough resistance at 1.0622 to give all of its gains back to the market and closed in the red, near the low of the day, in addition closed within Monday’s range, which suggests being slightly on the bearish side of neutral.

The currency pair continues to trade below the 10, 50 and 200-day moving averages all should act as dynamic resistances.

The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, the 50-day moving average at 1.0637 (resistance), a daily resistance at 1.0622, the 10-day moving average at 1.0580 (resistance) and a daily support at 1.0462.

Hello,
EUR/USD - USD looks will keep pressure over the EUR. I believe 1.0520/25 will be touched soon again.

Yesterday the EUR/USD was trading elevated before Trump’s speech and marked high at 1.0630. But seems that Mr President surprised markets and boosted the US Dollar and stocks higher. Currently the pair is trading at 1.0530 and technical indicators confirm the bearish tone.

EUR/USD slides to a low of 1.0525 as FED states that a March rate hike is on the table. The pair is now slightly higher at 1.0544.

BaldoN posted:
Hello,
EUR/USD - USD looks will keep pressure over the EUR. I believe 1.0520/25 will be touched soon again.

 Believing it will be touched is not a call In fact I believe EU will go up to 1.07 before dropping to 1.0520 and closing under there on the hourly. Which is why I longed and a close at or below 1.0520 is my sl on the hourly.

EUR/USD is very bearish after yesterday's fundamentals. It's testing the support at 1.0520 and if it breaks out below that level it will likely continue falling towards 1.0400 at least, especially if it breaks out below 1.0493 too.