EUR/USD
Uczestnik z Apr 08, 2014
1141 postów
Feb 06, 2015 at 13:18
EURUSD rose during the course of yesterday session, as the market bounced from the 10-day moving average and close into a daily resistance zone. All eyes today turn to the all-important U.S jobs report where we can expect high volatility.
"I trade to make money not to be right."
Uczestnik z Nov 21, 2011
1718 postów
Feb 06, 2015 at 15:18
CrazyTrader posted:
Price Action or Pullback?... back to basics
I have to quote myself... Someone needs to study chart before posting.
Uczestnik z Jul 10, 2014
1117 postów
Feb 06, 2015 at 17:48
The US Non-Farm Payrolls certainly had an effect. The EUR/USD pair could not break above the resistance at 1.1470 and fell over 100 pips. Unfortunately it couldn't break below the support at 1.1320 either, so I suppose range will continue.
Uczestnik z Jun 07, 2011
372 postów
Feb 06, 2015 at 17:52
EUR/USD rose to the descending short term trendline, 1.1548 (R1).
A clear move above that level may confirm a steeper climb.
The momentum studies indicate a potential for higher climbs.
The RSI (14) is out of oversold.
The daily MACD crossed the signal line.
However the long term pricing structure is still descending.
R3 - 1.17434
R2 - 1.16209
R1 - 1.15483
Daily Std. Pivot - 1.14258
S1 - 1.13532
S2 - 1.11581
S3 - 1.11581
A clear move above that level may confirm a steeper climb.
The momentum studies indicate a potential for higher climbs.
The RSI (14) is out of oversold.
The daily MACD crossed the signal line.
However the long term pricing structure is still descending.
R3 - 1.17434
R2 - 1.16209
R1 - 1.15483
Daily Std. Pivot - 1.14258
S1 - 1.13532
S2 - 1.11581
S3 - 1.11581
Uczestnik z Jun 08, 2014
413 postów
Feb 06, 2015 at 19:09
bewayopa posted:
EUR/USD rose to the descending short term trendline, 1.1548 (R1).
A clear move above that level may confirm a steeper climb.
The momentum studies indicate a potential for higher climbs.
The RSI (14) is out of oversold.
The daily MACD crossed the signal line.
However the long term pricing structure is still descending.
R3 - 1.17434
R2 - 1.16209
R1 - 1.15483
Daily Std. Pivot - 1.14258
S1 - 1.13532
S2 - 1.11581
S3 - 1.11581
Very useful assessment, Totally agree with it, thank you.
Uczestnik z Jun 08, 2014
454 postów
Feb 06, 2015 at 20:41
price broke the support and need to stabilize under to confirm the direction. have a good weekend everyone!
Uczestnik z Apr 14, 2014
230 postów
Feb 07, 2015 at 01:13
We had outstanding performance of the Nonfarm Payrolls data, which lead the EUR/USD is ending the week at 1.1312, below the 200 MA, I guess we are back to range and waiting for any developments in Greece next week.
Uczestnik z Apr 09, 2014
834 postów
Feb 07, 2015 at 02:30
peeterwoolf posted:
We had outstanding performance of the Nonfarm Payrolls data, which lead the EUR/USD is ending the week at 1.1312, below the 200 MA, I guess we are back to range and waiting for any developments in Greece next week.
I think you are right, eur/usd back to range.
Uczestnik z Nov 11, 2012
271 postów
Feb 08, 2015 at 20:55
Not so good news in the weekend from Greece. Think EUR will break down this week below the range.
antariks1@
Uczestnik z Oct 11, 2013
775 postów
Feb 09, 2015 at 06:09
more drops on the EURUSD may be coming in the medium term.
Uczestnik z Apr 08, 2014
1141 postów
Feb 09, 2015 at 09:45
EURUSD fell during the course of Friday session, after a strong U.S employment report reinforced expectations for a mid-year rate hike by the Federal Reserve. So a break below 1.13 handle may pull the pair down to the 1.1236 or even to the year low at 1.1097.Rallies should continue to offer selling opportunities on short-term charts.
"I trade to make money not to be right."
Uczestnik z Jul 10, 2014
1117 postów
Feb 09, 2015 at 15:41
Personally, I think if EUR/USD manages to break above the resistance at 1.1350 correction will continue for now and the pair will likely keep climbing until it reaches target 1.1600.
Uczestnik z Jun 07, 2011
372 postów
Feb 09, 2015 at 17:25
EUR/USD fell on Friday with the release of US employment data.
These were better than expected.
The short-term trend of the EUR / USD may be considered neutral.
On a broader perspective we can consider that the long-term trend remains downward.
The EUR / USD continues to make lower maximum and minimum and below both moving averages 50 and 200 days.
R3 - 1.16013
R2 - 1.15430
R1 - 1.14278
Daily Std. Pivot - 1.13695
S1 - 1.12543
S2 - 1.11960
S3 - 1.10808
These were better than expected.
The short-term trend of the EUR / USD may be considered neutral.
On a broader perspective we can consider that the long-term trend remains downward.
The EUR / USD continues to make lower maximum and minimum and below both moving averages 50 and 200 days.
R3 - 1.16013
R2 - 1.15430
R1 - 1.14278
Daily Std. Pivot - 1.13695
S1 - 1.12543
S2 - 1.11960
S3 - 1.10808
Uczestnik z Jun 08, 2014
454 postów
Feb 09, 2015 at 19:27
support level turned to be a resistance now price keep bouncing undecided around 1.1380
Uczestnik z Jun 08, 2014
413 postów
Feb 09, 2015 at 19:35
honeill posted:
EURUSD fell during the course of Friday session, after a strong U.S employment report reinforced expectations for a mid-year rate hike by the Federal Reserve. So a break below 1.13 handle may pull the pair down to the 1.1236 or even to the year low at 1.1097.Rallies should continue to offer selling opportunities on short-term charts.
Very useful analysis, thank you.
forex_trader_202879
Uczestnik z Aug 07, 2014
406 postów
Feb 09, 2015 at 21:29
alexforex007 posted:
more drops on the EURUSD may be coming in the medium term.
Define 'medium term' ?
Uczestnik z Apr 08, 2014
1141 postów
Feb 10, 2015 at 10:29
EURUSD initially tried to fall during the course of yesterday session, but found enough ground at the 1.13 level to bounce and create a doji pattern. The pair is trading below the 10-day moving average; this suggests that the price could test a daily support at 1.1236 or even go for the low of the year at 1.1097.
"I trade to make money not to be right."
Uczestnik z Jul 10, 2014
1117 postów
Feb 10, 2015 at 12:07
Yesterday I thought that EUR/USD might have a chance to break above the resistance at 1.1350 and reach 1.1600, but after it formed a marubozu and a spinning top candlestick right under the aforementioned resistance in the daily filter chart I am not so sure any more. It will likely move to the downside and continue the bearish trend or it will form a double bottom at the support at 1.1150 and continue the correction.
Feb 10, 2015 at 14:40
victoriajensen posted:Double bottom pattern was formed @ 1.1270 .... EUR/USD bullish in short term. target 1.1465
Yesterday I thought that EUR/USD might have a chance to break above the resistance at 1.1350 and reach 1.1600, but after it formed a marubozu and a spinning top candlestick right under the aforementioned resistance in the daily filter chart I am not so sure any more. It will likely move to the downside and continue the bearish trend or it will form a double bottom at the support at 1.1150 and continue the correction.
Uczestnik z Jun 07, 2011
372 postów
Feb 10, 2015 at 15:42
EUR / USD moved slightly downwards closing virtually unchanged.
Despite the short-term lateralization is a clear downward trend in the long run.
The minimum and maximum lower and below the moving averages of 50 and 200 days.
R3 - 1.14545
R2 - 1.14068
R1 - 1.13652
Daily Std. Pivot - 1.13175
S1 - 1.12759
S2 - 1.12282
S3 - 1.11866
Despite the short-term lateralization is a clear downward trend in the long run.
The minimum and maximum lower and below the moving averages of 50 and 200 days.
R3 - 1.14545
R2 - 1.14068
R1 - 1.13652
Daily Std. Pivot - 1.13175
S1 - 1.12759
S2 - 1.12282
S3 - 1.11866
