EUR/USD

bewayopa posted:
EUR / USD moved slightly lower on Friday, but the decline was interrupted by the support barrier marked by the minimum of last Tuesday.
The RSI moved in after finding high above the support line 30, while the MACD, although negative remains above its signal line.
The price action suggests a downward long-term trend.
There are lower maximum and minimum and below the moving averages 50 and 200 days.
R3 - 1.22689
R2 - 1.22469
R1 - 1.22121
Daily Std. Pivot - 1.21901
S1 - 1.21553
S2 - 1.21333
S3 - 1.20985
https://bewayopa.wordpress.com/

Thank you for the assessment, but i see no movement today in the market.

year end the market will be asleep and any moves will be noise. No trading for me

sherifFares posted:
year end the market will be asleep and any moves will be noise. No trading for me

Sounds good, enjoy your holiday.

Now is the time to go bullish as there should be a correction from the dip.

Surpsingly the EUR/USD bearish trend continues despite the holidays. It will likely reach 1.2100 pretty soon and then head for 1.2000.

While today we saw the 1.2124 as the lowest so 1.2100 is too close .

I don't think the market movement today could be a sign for a trend it can be market noise anyway starting from Monday I am back to trading

sherifFares posted:
I don't think the market movement today could be a sign for a trend it can be market noise anyway starting from Monday I am back to trading

I, too will remain sideline for now.

EUR / USD advanced slightly on Monday, but stopped in 1.2220 to fall down to 1.2165.
The short term trend is falling with the short-term oscillators to reveal a stronger momentum in the downward direction.
The RSI dropped and is now approaching its line 30, as the MACD is negative and seems able to fall below its signal line.
The maximum and minimum are lower and below the moving averages 50 and 200 days.
R3 - 1.22494
R2 - 1.22181
R1 - 1.21860
Daily Std. Pivot - 1.21547
S1 - 1.21226
S2 - 1.20913
S3 - 1.20592
https://bewayopa.wordpress.com/

EUR / USD rebounded slightly.
The RSI recovered after finding support near the 30 line, while the MACD, although negative, remains above its signal line and is pointing up.
There is a positive divergence between these indicators and the price action.
This indicates the deceleration of downward momentum and makes room for the extent of recovery.
R3 - 1.22494
R2 - 1.22181
R1 - 1.21860
Daily Std. Pivot - 1.21547
S1 - 1.21226
S2 - 1.20913
S3 - 1.20592
https://bewayopa.wordpress.com/

Well boys and girls, not sure about you, but the EURUSD is bring me a good end to a decent year. Have long term TP set at 1.195 for now. In at 1.215 average

May you guys have a Happy New Year!

Happy New Year everyone.

Good trade bestdarngood and happy new year everyone :)

EURUSD
R3 - 1.28870
R2 - 1.27282
R1 - 1.24124
Monthly Std. Pivot - 1.22536
S1 - 1.19378
S2 - 1.17790
S3 - 1.14632
https://bewayopa.wordpress.com/
Happy New Year

Abdul2012 posted:
Good trade bestdarngood and happy new year everyone :)

Thanks, Happy New Year to you as well!

Acquired more positions and modified the hard TP to 1.19100

Watch for a possible correction, but so far looking like we are stepping down 10-20 pips at a time without much buying support.

Happy New Year everyone!

The market finally started moving again and the EUR/USD bearish trend continued. The pair will soon reach 1.2000 and will likely continue falling until it reaches target 1.1950, perhaps even 1.1900.

Any fun analysis ?
cud eu dropp to 1,17

EURUSD fell on Wednesday, but today started the day to rise.
Short-term momentum studies indicate the acceleration of the movement 'bearish' and reinforce the scenario that we will probably watch the EURUSD drop below 1,20.
The RSI is below its 30 line, while the MACD, already negative, crossed below its signal line.
On the daily chart, we can see minimum and lower maximum, below both moving averages 50 and 200 days.
R3 - 1.22200
R2 - 1.21946
R1 - 1.21456
Daily Std. Pivot - 1.21202
S1 - 1.20712
S2 - 1.20458
S3 - 1.19968
https://bewayopa.wordpress.com/

victoriajensen posted:
Happy New Year everyone!

The market finally started moving again and the EUR/USD bearish trend continued. The pair will soon reach 1.2000 and will likely continue falling until it reaches target 1.1950, perhaps even 1.1900.

let's see how market will react on the official first week in 2015. happy new year