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EUR/USD
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BaldoN

Członek od Feb 12, 2016  522 postów Baldo (BaldoN) Feb 22 2017 at 14:24
Hello,
EUR/USD - It seems the pressure over the EUR is not so strong. I expect test at 1.0540/45.

victoriajensen

Członek od Jul 10, 2014  1117 postów victoriajensen Feb 22 2017 at 15:32
csc2009 posted:
The pair is accelerating its decline, broke below 1.0520 level, testing 1.050/049 zone, next target would be around 1.0450 level.


 I agree, it will likely reach 1.0450 - 1.0440. It might even continue moving to the downside towards the previous low at 1.0340.

snapdragon1970

Członek od Sep 12, 2015  1913 postów kieran (snapdragon1970) Feb 22 2017 at 15:37
Just did a buy off the bottom eur/usd , I have a position on eur/gbp also.

"Mistakes are the portals of discovery",James Joyce.
snapdragon1970

Członek od Sep 12, 2015  1913 postów kieran (snapdragon1970) Feb 22 2017 at 15:40
wow what a bullish move.

"Mistakes are the portals of discovery",James Joyce.
rosentray

Członek od Feb 24, 2016  277 postów rosentray Feb 22 2017 at 16:11
EUR/USD is trading below support in the preopening hours of the European session. The pair is now 1.0522 as it went below the support at 1.0540 yesterday. Euro bulls now have the task to bring the price up from current level which also happens to be a non-validated double bottom on the short-term. If they succeed, then price should be back in the uptrend channel sooner than later.

On the other hand, market participants are taking into consideration the upcoming FOMC minutes later today and that could have a drastic impact on the market, more specifically, the EUR/USD pair.

Until then, market could continue to gravitate towards current levels. Major support rests at 1.0440, while major resistance is located at 1.0720.

Cryptocurrency

Członek od Feb 22, 2015  177 postów Cuong Truong (Cryptocurrency) Feb 22 2017 at 16:11 (zmieniany Feb 22 2017 at 16:12 )
Do you think that Bullish move on EUR/USD was a fake breakout to the upside?

I trade Forex using my Bollinger Trend PRO mt4 indicator.
snapdragon1970

Członek od Sep 12, 2015  1913 postów kieran (snapdragon1970) Feb 22 2017 at 16:19
350 points isn't a fake breakout its usually much less

"Mistakes are the portals of discovery",James Joyce.
Cryptocurrency

Członek od Feb 22, 2015  177 postów Cuong Truong (Cryptocurrency) Feb 22 2017 at 16:21
Yes, I think it was a real breakout. The Bears ran out of money to continue their short sell of EUR/USD. Price went up :)

I trade Forex using my Bollinger Trend PRO mt4 indicator.
stian

Członek od Nov 14, 2015  312 postów stian Feb 22 2017 at 16:27 (zmieniany Feb 22 2017 at 16:27 )
Bull run faced resistance at 1.0550 levels. FOMC minutes could be a trigger for a move in either direction.

snapdragon1970

Członek od Sep 12, 2015  1913 postów kieran (snapdragon1970) Feb 22 2017 at 16:28
FOMC meeting later , I will close before, that might be pushing it higher too , Id say a possible sell off just before the meeting.

"Mistakes are the portals of discovery",James Joyce.
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