EUR/USD

alysharf posted:

alysharf posted:

alysharf posted:
now it break 1.3118 next step is 1.3055, wait and see

it break 1.3055 to next step 1.2990 and at same session it continue to 1.2918 as end step of down move to start correction from that level

correction will not be big , only few pips for restore power and start down move again , most important point is 1.2832 level which if broken it will mean we are going down directly to 1.2340 level to start correction and also , the final target will be 1.1640 as major support level will be in act and no one can stop that . soon it will appear,what eurusd will do

again eurusd is still in the down move but till now no way to get up move it will even not stop at 1.2832 at all , it may stop at 1.2774 or even it reach major support level 1.2747 which if not support the pair , we can expect fall down by the full mean of fall down at least it will break the 1.2042 ,low of 2 years now.

Could it be 1.1800

EURUSD is trading under 1.29, continuing the downfall. The pair reached a low of 1.2881 yesterday. The latest leg down can be associated with strength of the greenback that reached high levels against many other currencies.

There's a doji candlestick in the 4 hour filter chart, so I think we might see some temporary pullback or consolidation with target 1.2935 or even 1.3000 but after that it will likely continue to descend. The trend is still very much bearish.

Fluctuation all we can see today for the EURUSD from early morning. 😕

The dollar has been unchanged against most pairs the G10. Only depreciated against the AUD and GBP, in that order.
The GBP appreciated with data from Industrial Production and Trade Balance of the country for July

The thing is that the current relief rally on the EURUSD may be just that and it may go back to its bearish trend.

I agree with you on the correction but i don't think 1.3000 is going to be reached we don't have any major sign for that

Hi guys,

Below is my posting from august 21 and I hope you are all hanging in there!

This is what I observe today and even a blind horse can see it! The bottom is still valid and I would narrow it a bit more down to the 1.265-1.250 range. The retrace will start in the second half of October when all panic dust has settled down. This gives us a wonderful opportunity for a retrace that will go all the way to 1.33-1.34, but be patient, that can take up to a year! So for the next couple of weeks, SHORT on the EURUSD. Halfway October, reset your pip-guns and aim for LONG.

Happy hunting!

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Hi guys,

The sentiment in the market is such that it reacts to the desperately needed economical environment which has appeared on the US financial horizon during this week. Read it all on the news reel. Sentiment is a very strong if not the strongest force in the financial markets. Friday's speech by FOMC chairman Yellen and ECB chairman Draghi will very likely underline the already present sentiment.

Charts rise and fall all the time and that is what makes the FOREX interesting. On a flatlined chart options are zero. So look for the changes to come and not for the changes that are already in progress. If you made a mistake opt out, take your loss, and start again. If you do so then that is called proper money management.

I am not pessimistic but realistic and opt for the SHORT on the EURUSD in the long term and bottoming out on the 2013 January 1.275-1.250 range. Till then it will spike (60-100 pips a day have not been unseen before) on every bit of news that will come by.

Maybe not much for the technical side of things but a bit of fundamental assurance is always good to receive.

Happy hunting!

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what occur last night is not low in my mind and view ,it is break in down move, also 1.2858 is not low as i know.
it is game of greed and scam to traders,not more

EURUSD made a fresh low during yesterday session, but the 1.2850 level has offered enough support to turn things back around and pushing prices up. With that being the case, the market looks like it could make a correction to the upside, but the 1.30 level will bring in significant resistance. The resistance may offer short-term selling opportunities in this currency pair that is most obviously bearish.

alysharf posted:
what occur last night is not low in my mind and view ,it is break in down move, also 1.2858 is not low as i know.
it is game of greed and scam to traders,not more

last night show 1.2859 which is not the low, only small correction is follow ,about100 pip then it return to its main way down, no need to make the risk now in the mid way

Do not know if we gonna see the 1.3000 this week or not but if it breaks the 1.2980 i thing we will.

EUR/USD appears to be headed for 1.2980 where there's a resistance level and if it breaks above that level it might reach 1.3000. That said, after that it might continie its descent.

Eur/USd won't break the 1.3000 Point. it ill go down to 1.27 and 1.25 Then possible there will be retracment to resistance 1.29

The dollar has traded stable against NOK, EUR, SEK and CHF and high against the AUD, JPY, GBP, NZD and CAD, in that order.
The pound continued its downward trend with uncertainty regarding the outcome of the referendum in Scotland, which continues to dominate investor sentiment. The leaders of the three main political parties in Britain have announced a last minute trip to Scotland to support the campaign against independence.

finally price started to form a decent support at 1.2900 lets see if it will hold.

Today I took a short entry at 1.2920. My target is 1.2775. Maybe in a week or so.

today 1.2962 is the joint point if come to it and close near it= up move
if continue away from it = continue down move