EUR/USD

csc2009 posted:

victoriajensen posted:
 EUR/USD continued sinking today. Next target is likely 1.06, but I am not seeing any obvious strong levels of support on the way to parity. I think it's just a matter of time before the pair reaches 1.0000.

You are right, eur/usd keep making fresh low today, so far I can't see the end of the bearish movement.

I agree, further losses now look very possible.

Seems like the bottom on the EURUSD is still very far away, there is not even a sure way of knowing if it will reverse at parity.

So if I have to bet on parity reaching any time soon.....where the tight stop loss should be placed? :)

Afterall a 700 pips gain can not come easily with no pain. :)

good job

On Yesterday session the EURUSD plunged breaking below 1.07 for the first time in 8 years on the beginning of bond buying program in the Euro Zone. The prospect is to continue selling the EURUSD eying two key levels 1.05 and 1.04.

Another fresh low this morning, but it looks like eur/usd regain some pips after the new fresh low.

EUR / USD continued to fall on Tuesday.
The short and long-term trend continues downward to the lowest minimum and maximum and below the two moving averages of 50 and 200 days.
We may soon see to near the 1.0565 minimal April 7, 2003.
But there is a positive divergence between the RSI and the price action is likely however there is a corrective recovery before the next fall.

We have a pulled back above 1.06 level, despite the bullish attempts I think eur/usd remains increasingly bearish.

EUR/USD reached and broke below 1.0600 without even slowing down. The bearish trend is as strong as ever and I am starting to suspect the pair won't stop falling even when it reaches 1.0000.

CrazyTrader posted:
Guys look at the crystall ball prediction... so hard to forecast isn't it?
500 pips in game:

Now we are there... if we break that bearish trend channel... could be a free fall... but market could beath from there.

Currently the pair at 1.0554 after it fell to 1.0511 from 1.0717 after opening at a price of 1.0707, the pair likely in the future heading to 1.000.

Since the beginning of this year EURUSD has fallen more than 12.5% and downward momentum is increasing. The pair fell during yesterday session hitting 1.051 a fresh twelve-year low, without even stopping to breathe. Expecting downward move to a Fibonacci extension at 1.0308 on a break below previous day low at 1.0510.

So, what do you think folks, when will the R.I.P party for EURUSD continue? 😁😁

EUR/USD finally moved to the upside after forming a doji candlestick in the four-hour filter chart. That said, I think the move to the upside is only the beginning of a new consolidation before the pair continues on its way down to parity, as there are no indications so far that the bearish trend is over. In my opinion the consolidation will reach target 1.0800 - 1.0820.

Eur/usd upward correction may extend up to near 1.0700 level, and follow by 1.0855.

Easy Money on the Euro!

EUR / USD yesterday continued to fall and 'hit' the support near the psychological barrier of 1.0500.
The short trend, medium and long term remains strongly negative.
The RSI down the MACD continued to decline, momentum signals that show a strong rate of descent and pave the way for more declines.
However, looking at the 1-hour chart, there is a positive divergence between studies of momentum and action schedules and price.
The recovery, however small, must exist and the current situation of EURUSD urges caution

victoriajensen posted:
EUR/USD finally moved to the upside after forming a doji candlestick in the four-hour filter chart. That said, I think the move to the upside is only the beginning of a new consolidation before the pair continues on its way down to parity, as there are no indications so far that the bearish trend is over. In my opinion the consolidation will reach target 1.0800 - 1.0820.

Yes Darling, EURUSD is going to parity.... after a pullback of course

price failed to break 1.0540 and rebounded to make a correction but still the downtrend is still valid.