EUR/USD
Biedrs kopš
1141 ieraksti
Dec 08, 2014 at 09:14
EURUSD fell hard during the session on Friday, as the nonfarm payroll number came out much stronger than anticipated. The pair made fresh lows, as the market close to just below the 1.23 handle. The pair should continue to move first towards the mid 1.21 yet eyeing 1.20 as the main bearish target.
"I trade to make money not to be right."
Biedrs kopš
1117 ieraksti
Dec 08, 2014 at 13:27
Indeed, after the non-farm payrolls the EUR/USD pair broke below the support at 1.2300 and continues its descent today. The pair has almost reached target 1.2200 and will likely continue falling after that.
Biedrs kopš
372 ieraksti
Dec 08, 2014 at 17:31
EUR / USD fell as a result of German industrial production has disappointed investors, rising only 0.2% compared to October, a slower pace than the 1.1% of September.
The help was yet to fall in sovereign debt credit rating of Italy to just one level above speculative grade.
A test of the EUR / USD below 1.2250 could lead to the minimum of 2 August 2012 in 1.2130.
R3 - 1.24840
R2 - 1.24384
R1 - 1.23619
Daily Std. Pivot - 1.23163
S1 - 1.22398
S2 - 1.21942
S3 - 1.21177
https://bewayopa.wordpress.com/
The help was yet to fall in sovereign debt credit rating of Italy to just one level above speculative grade.
A test of the EUR / USD below 1.2250 could lead to the minimum of 2 August 2012 in 1.2130.
R3 - 1.24840
R2 - 1.24384
R1 - 1.23619
Daily Std. Pivot - 1.23163
S1 - 1.22398
S2 - 1.21942
S3 - 1.21177
https://bewayopa.wordpress.com/
Biedrs kopš
413 ieraksti
Dec 08, 2014 at 17:59
bewayopa posted:
EUR / USD fell as a result of German industrial production has disappointed investors, rising only 0.2% compared to October, a slower pace than the 1.1% of September.
The help was yet to fall in sovereign debt credit rating of Italy to just one level above speculative grade.
A test of the EUR / USD below 1.2250 could lead to the minimum of 2 August 2012 in 1.2130.
R3 - 1.24840
R2 - 1.24384
R1 - 1.23619
Daily Std. Pivot - 1.23163
S1 - 1.22398
S2 - 1.21942
S3 - 1.21177
https://bewayopa.wordpress.com/
That is very useful assessment, thank you.
Biedrs kopš
454 ieraksti
Dec 08, 2014 at 21:02
In this situation the best way is to stay away from the market with all the noise today.
Biedrs kopš
53 ieraksti
Dec 08, 2014 at 22:06
but the eu going upp :-/
Biedrs kopš
834 ieraksti
Dec 09, 2014 at 00:39
bewayopa posted:
EUR / USD fell as a result of German industrial production has disappointed investors, rising only 0.2% compared to October, a slower pace than the 1.1% of September.
The help was yet to fall in sovereign debt credit rating of Italy to just one level above speculative grade.
A test of the EUR / USD below 1.2250 could lead to the minimum of 2 August 2012 in 1.2130.
R3 - 1.24840
R2 - 1.24384
R1 - 1.23619
Daily Std. Pivot - 1.23163
S1 - 1.22398
S2 - 1.21942
S3 - 1.21177
https://bewayopa.wordpress.com/
Good analysis, yesterday eur/usd only touched 1.2250 and bounced back.
Biedrs kopš
230 ieraksti
Dec 09, 2014 at 01:04
sherifFares posted:
In this situation the best way is to stay away from the market with all the noise today.
Probably the best.
Biedrs kopš
775 ieraksti
Dec 09, 2014 at 03:29
More loses could be expected on the EURUSD, new lows may be broken.
Biedrs kopš
413 ieraksti
Dec 09, 2014 at 08:19
The 1h chart for the EURUSD today shows up trend but the euro not strong enough to pull up.
Biedrs kopš
1141 ieraksti
Dec 09, 2014 at 09:31
EURUSD continues in a bearish phase on the longer timeframe charts despite the recent bullish rally back above 1.23. The pair is due for a bullish correction after months of tumbling, so remain technically bearish below 1.2450 and continue to look to sell beneath that level.
"I trade to make money not to be right."
Biedrs kopš
30 ieraksti
Dec 09, 2014 at 14:57
SELL
nothing is impossible
Biedrs kopš
53 ieraksti
Dec 09, 2014 at 15:39
Thats the topp ?
forex_trader_29148
Biedrs kopš
1916 ieraksti
Dec 09, 2014 at 15:43
only a correction ..sell
Biedrs kopš
29 ieraksti
Dec 09, 2014 at 15:44
sell at 1.2340
Biedrs kopš
53 ieraksti
Dec 09, 2014 at 16:03
have that
Biedrs kopš
53 ieraksti
Dec 09, 2014 at 16:03
You ment at 2440
Biedrs kopš
1117 ieraksti
Dec 09, 2014 at 16:27
I wasn't expecting such a bounce to the upside, EUR/USD certainly surprised me. That said, the pair has reached a pretty strong resistance at 1.2440, the question is what will follow next.
Biedrs kopš
30 ieraksti
Dec 09, 2014 at 19:08
sell
nothing is impossible
Biedrs kopš
372 ieraksti
Dec 09, 2014 at 23:46
Yesterday the EUR / USD recovered after finding the level of 1.2250, ie the determined support area for a minimum of 10 August 2012.
The RSI was up after finding support near the 30 line, while the MACD, although negative, remains above its signal line and is pointing up. In addition, I see positive divergence between the two oscillators and the price action.
On the daily chart, the price shows minimum and maximum decreasing and below the moving averages 50 and 200 days.
R3 - 1.26051
R2 - 1.25263
R1 - 1.24493
Daily Std. Pivot - 1.23705
S1 - 1.22935
S2 - 1.22147
S3 - 1.21377
https://bewayopa.wordpress.com/
The RSI was up after finding support near the 30 line, while the MACD, although negative, remains above its signal line and is pointing up. In addition, I see positive divergence between the two oscillators and the price action.
On the daily chart, the price shows minimum and maximum decreasing and below the moving averages 50 and 200 days.
R3 - 1.26051
R2 - 1.25263
R1 - 1.24493
Daily Std. Pivot - 1.23705
S1 - 1.22935
S2 - 1.22147
S3 - 1.21377
https://bewayopa.wordpress.com/
