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fall of eur/usd
Uczestnik z May 08, 2014
9 postów
Uczestnik z Oct 11, 2013
775 postów
May 14, 2014 at 06:49
Uczestnik z Oct 11, 2013
775 postów
And the EURUSD may continue falling. The consolidation for today may only be a resting point to continue with its bearish momentum. Only thing stopping the fall is some strong fundamental data in favor of the single currency.
Uczestnik z Apr 09, 2014
891 postów
Uczestnik z Jan 31, 2014
83 postów
Uczestnik z Apr 08, 2014
1141 postów
May 15, 2014 at 11:13
Uczestnik z Apr 08, 2014
1141 postów
No pullback on EURUSD yet amazing strait down. Looks like “sell in May and go away” applies to this pair.
My 1st target is 1.3561, 2nd target is 1.3476 and last is 1.3380.
My 1st target is 1.3561, 2nd target is 1.3476 and last is 1.3380.
"I trade to make money not to be right."
Uczestnik z Jan 31, 2014
83 postów
Uczestnik z May 08, 2014
9 postów
Uczestnik z Oct 11, 2013
775 postów
May 16, 2014 at 07:30
Uczestnik z Oct 11, 2013
775 postów
The fall of the EURUSD was halted at the 200 Day Exponential Moving Average and depending on tomorrow's close, there could be a correction to the upside on the pair.
Uczestnik z Apr 08, 2014
1141 postów
May 16, 2014 at 08:48
Uczestnik z Apr 08, 2014
1141 postów
I fully agree with you. I can see now the 1.38 level is a real possibility.
"I trade to make money not to be right."
Uczestnik z Apr 08, 2014
1141 postów
May 20, 2014 at 09:42
Uczestnik z Apr 08, 2014
1141 postów
The 200 day moving average is proving to be a strong support, now at 1.3685 level.
"I trade to make money not to be right."
Uczestnik z Oct 11, 2013
775 postów
May 23, 2014 at 03:16
Uczestnik z Oct 11, 2013
775 postów
Will there be more red in the EURUSD? It looks like the pair is holding on to its bearish momentum. More bad economic news from Europe and the pair could very easily continue going lower.
forex_trader_29148
Uczestnik z Feb 11, 2011
1916 postów
forex_trader_28403
Uczestnik z Jan 31, 2011
2 postów
May 27, 2014 at 12:21
Uczestnik z Jan 31, 2011
2 postów
News u can use...
FXStreet (Barcelona) - Kit Juckes, Global Head of Currency Strategy at Societe Generale, expects the EUR/USD to grind lower towards year-end.
'I have updated my simple EUR/USD with projections based on the forward interest rate and curve, and the simplistic assumption that that peripheral spreads are range-bound from here. The upshot is that EUR/USD ‘should' end 2014 at 1.3230, a little below current levels, getting to 1.25 in 2014 and 1.20 in 2016.'
'This week's focus in Europe will be on further comment from ECB officials (though Mr Draghi yesterday seemed clear enough: They will ease in at the June 5 council meeting). The last two ECB rate cuts saw the Euro fall briefly and then bounce. This week's bounce in EUR/USD probably can't go much further, and is a chance to sell.'
There's space where u can buy up to resistance but according to this guy, the euro is going to continue to fall. It's not going to happen all at once..... but supposedly its getting weaker & the dollar is getting stronger.
FXStreet (Barcelona) - Kit Juckes, Global Head of Currency Strategy at Societe Generale, expects the EUR/USD to grind lower towards year-end.
'I have updated my simple EUR/USD with projections based on the forward interest rate and curve, and the simplistic assumption that that peripheral spreads are range-bound from here. The upshot is that EUR/USD ‘should' end 2014 at 1.3230, a little below current levels, getting to 1.25 in 2014 and 1.20 in 2016.'
'This week's focus in Europe will be on further comment from ECB officials (though Mr Draghi yesterday seemed clear enough: They will ease in at the June 5 council meeting). The last two ECB rate cuts saw the Euro fall briefly and then bounce. This week's bounce in EUR/USD probably can't go much further, and is a chance to sell.'
There's space where u can buy up to resistance but according to this guy, the euro is going to continue to fall. It's not going to happen all at once..... but supposedly its getting weaker & the dollar is getting stronger.
Uczestnik z Apr 09, 2014
834 postów
May 27, 2014 at 14:33
Uczestnik z Apr 09, 2014
834 postów
That's right, the euro is still weak, bounce is not going much further.
forex_trader_28881
Uczestnik z Feb 07, 2011
724 postów
May 28, 2014 at 07:15
Uczestnik z Feb 07, 2011
724 postów
US has a weaker dollar policy, I wouldn't trade against that.
Uczestnik z Apr 09, 2014
834 postów
May 28, 2014 at 20:30
Uczestnik z Apr 09, 2014
834 postów
With the EURUSD is finally break 1.36 level and moving down now below the 200dma (1.3640) we could see euro grind lower towards 1.3500 ahead of the ECB meeting.
Uczestnik z Jun 09, 2011
186 postów
Jun 18, 2014 at 07:39
Uczestnik z Jun 09, 2011
186 postów
Can't wait
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