EUR/USD
Biedrs kopš
28 ieraksti
Jul 18, 2015 at 17:17
victoriajensen posted:csc2009 posted:
Decline continues, looking at strong support now. If breaks below 1.0800 level will open the gate to further losses, maybe 1.0500 or even 1.0400 level.
I agree, the pair is headed for 1.0550 - 1.0500. Should it manage to break below that level we might even see it attempt to reach parity again.
Agreed to, down trend resumed!
Biedrs kopš
271 ieraksti
Jul 18, 2015 at 22:43
Be careful folks. Whenever there is consensus generated on its sharp fall it bounced back at least for a while. In trading such speculation based on mainstream media and other traders' personal opinion can be disastrous.
Do what your technical analysis is telling you...that's all. Absolutely nothing else.
Do what your technical analysis is telling you...that's all. Absolutely nothing else.
antariks1@
Biedrs kopš
454 ieraksti
Jul 19, 2015 at 18:04
EUR/USD closed above the support level 1.0820 a break under will lead to more drop to test 1.0725.
Biedrs kopš
775 ieraksti
Jul 20, 2015 at 00:40
The Euro may continue under pressure by the Dollar now that the maket is trading again on fundamentals.
Biedrs kopš
1141 ieraksti
Jul 20, 2015 at 07:59
On Friday session the EURUSD tried to rise but found enough selling pressure to turn back south, breaking below the 61.8% Fibonacci level (support) at 1.0860 and closed in the red at the low of the day. After a clear down run of 5 days we should expect some consolidation or even a minor pullback before the resumption of the downward trend.
"I trade to make money not to be right."
Biedrs kopš
909 ieraksti
Jul 20, 2015 at 14:17
Nothing interesting today in the EURUSD...
Positivity
Biedrs kopš
675 ieraksti
Jul 20, 2015 at 16:15
The single currency recorded the third consecutive drop against the dollar on Friday. The session started at a price of 1.0873 and just before lunch reached a daily high at 1.0906. In the afternoon the direction went down at the end of the day the pair finished at a price of 1.0844. In case that the downward trend of the last few sessions continue, most likely the euro will be able to break through the first support at 1.0817.
Biedrs kopš
1117 ieraksti
Jul 20, 2015 at 16:33
EUR/USD is still testing the support at 1.0820 and it looks like it may bounce off that level for now. I expect a further move to the upside to the resistance at 1.0880 before the pair attempts to break below the support again.
Biedrs kopš
413 ieraksti
Jul 20, 2015 at 17:38
EUR/USD reversed from the 1.0880 resistance level today, and moving close to the opening point, but what i see from the calendar of this week that it will be quite calm.
Biedrs kopš
454 ieraksti
Jul 20, 2015 at 20:45
Support level 1.0820 still hold the EUR/USD from dropping.
Biedrs kopš
834 ieraksti
Jul 20, 2015 at 23:18
Eur/Usd found support at 1.0820, ranging between 1.0870 to 1.0820, short term trend remain bearish.
Biedrs kopš
675 ieraksti
Jul 21, 2015 at 07:24
The euro reported a slight decrease on Monday, marking the fourth consecutive negative session. The pair opened at a rate of 1.0830, then the price went up slightly, reaching the highest level for the day at 1.0869. Later the direction was reversed and the single currency reached a daily bottom at 1.0808, breaking the support at 1.0817. The day ended at a rate of 1.0824, slightly above the support level.
Biedrs kopš
1141 ieraksti
Jul 21, 2015 at 09:30
Yesterday the EURUSD initially tried to rally but found selling pressure on the 61.8% Fibonacci level (resistance) at 1.0860, to give all its gains back to the market and close near the low of the day with a narrow range day. Key levels to watch today are: a daily resistance at the 61.8% Fibonacci level at 1.0860 and key level (minor support) at 1.0808.
"I trade to make money not to be right."
Biedrs kopš
372 ieraksti
Jul 21, 2015 at 15:55
Markets are rapidly moving back to normal as Greece moves to the background.
Biedrs kopš
454 ieraksti
Jul 21, 2015 at 17:23
Finally a rebound from the support level after a tight range trading yesterday.
Biedrs kopš
413 ieraksti
Jul 21, 2015 at 18:56
What a remarkable elevation for the EUR/USD today, more than 150 pip not bad in this hard times.
Biedrs kopš
1117 ieraksti
Jul 21, 2015 at 19:01
EUR/USD returned to the resistance at 1.0970, the question is whether it will be able to break above it so it can continue moving to the upside or should we expect it to test the support at 1.0820 again.
Biedrs kopš
271 ieraksti
Jul 21, 2015 at 22:45
takechance posted:
Be careful folks. Whenever there is consensus generated on its sharp fall it bounced back at least for a while. In trading such speculation based on mainstream media and other traders' personal opinion can be disastrous.
Do what your technical analysis is telling you...that's all. Absolutely nothing else.
It worked and paid.
antariks1@
forex_trader_186239
Biedrs kopš
224 ieraksti
Jul 22, 2015 at 06:42
Technically, short stop losses hunting is over
Biedrs kopš
1141 ieraksti
Jul 22, 2015 at 09:00
Yesterday the EURUSD rose closing in the green near the high of the day on a wide range day. The currency found some resistance at the Fibonacci level 50% at 1.0955 that also overlaps with the 10-day moving average and a solid close above these levels might trigger a mid-term shift in the trend. Key levels to watch today are: Fibonacci levels the 38.2% (resistance) at 1.1058, the 50% (resistance) at 1.0955 and the61.8% Fibonacci level (support) at 1.0860.
"I trade to make money not to be right."
