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victoriajensen
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EUR/USD
in
Experienced Traders
Apr 14, 2015 at 18:01
I was hoping that EUR/USD would reach the support at 1.0470 and then break below it, continuing on its way to parity but the pair formed a spinning top candlestick at the support at 1.0520 and started climbing again. It looks like the consolidation will continue for a while longer. I think the pair will continue climbing until it reaches 1.1000 again, or perhaps even 1.1200.
EUR/USD
in
Experienced Traders
Apr 10, 2015 at 16:09
EUR/USD has almost reached the previous low around 1.0470. There is a possibility it will form a double bottom and then start climbing again, but I, personally, think the bearish trend will continue. That said, I doubt it will happen before Monday.
EUR/USD
in
Experienced Traders
Apr 09, 2015 at 15:16
EUR/USD broke below the support at 1.0790 and is likely headed for target 1.0470 which is the previous low. That said, I don't think we can be sure that the bearish trend will continue before the pair breaks below that level.
EUR/USD
in
Experienced Traders
Apr 08, 2015 at 19:49
I was expecting stronger volatility after FED released the FOMC Minutes, but the pair couldn't even break below the support at 1.0790. It looks like consolidation continues.
EUR/USD
in
Experienced Traders
Apr 07, 2015 at 18:05
It looks like EUR/USD failed to break above 1.1030 - 1.1040 and started descending again. I think it will likely reach target 1.0770, where there is a pretty strong support. That said, tomorrow U.S. Fed will release minutes from March 17-18 FOMC meeting, so we can expect quite a bit of volatility.
EUR/USD
in
Experienced Traders
Apr 06, 2015 at 17:47
The EUR/USD keeps testing the resistance at 1.1030 and keeps failing to break above it. I, personally, do think it will break above it and then it will continue climbing at least until it reaches 1.1200.
What is your trading schedule?
in
New Traders
Apr 04, 2015 at 12:16
I too tend to trade the London and the New York sessions the most.
EUR/USD
in
Experienced Traders
Apr 03, 2015 at 18:59
I think now that the pair has broken above 1.1000 it is headed for 1.1050, and if it breaks above that resistance it might reach 1.1200.
EUR/USD
in
Experienced Traders
Apr 01, 2015 at 16:44
The EUR/USD is still testing the support at 1.0700. I think it's very likely for the pair to break below it and continue on its way down, but as it always happens almost all volatility on the market disappears in the days before NFP. It's like the calm before the storm and considering that the market will be closed on Friday we won't even see the storm.
EUR/USD
in
Experienced Traders
Mar 31, 2015 at 17:53
EUR/USD broke below the support at 1.0820 and it's likely headed for the previous low at 1.0460. That said, nothing is certain considering that the US Non-farm Payrolls are on Friday.
EUR/USD
in
Experienced Traders
Mar 30, 2015 at 17:22
EUR/USD continues testing the support at 1.0820. Should it break below that level it will likely head for 1.0520 again. That said, I doubt we'll see any big changes before the USD Non-Farm Payrolls on Friday.
EUR/USD
in
Experienced Traders
Mar 27, 2015 at 18:00
Yesterday I thought EUR/USD would reach 1.0850 and not only did it reach that target but it fell much lower than that, only to climb back up and start consolidating around 1.0900 again. I hope next week will be more eventful and this consolidation will finally end.
EUR/USD
in
Experienced Traders
Mar 26, 2015 at 14:53
The EUR/USD rose today and reached 1.1040 but it does seem that the pair has run out of steam as it began descending again. It is likely headed for 1.0850, where there is a pretty strong support coinciding with the (89) MA on the four hour filter chart.
EUR/USD
in
Experienced Traders
Mar 25, 2015 at 17:50
I thought EUR/USD had broken above the resistance at 1.1000 but after the pullback it began consolidating right under that resistance. I still think the pair will continue climbing but it does seem it might take a while for it to break above 1.1000.
EUR/USD
in
Experienced Traders
Mar 24, 2015 at 17:26
EUR/USD managed to break above the resistance at 1.1000, but pulled back almost immediately and the pair is currently consolidating. Personally I think the pullback is only temporary and the pair will continue climbing until it reaches 1.1140.
EUR/USD
in
Experienced Traders
Mar 23, 2015 at 15:38
EUR/USD continues climbing today. I think it likely won't stop before it reaches 1.1140, which used to be a support level but now will probably become a level of resistance instead.
EUR/USD
in
Experienced Traders
Mar 20, 2015 at 17:44
As I suspected, the EUR/USD consolidation is not over yet. The pair started climbing again and is headed for the resistance at 1.0920. Depending on whether it breaks above that resistance I too think it might reach 1.1000 or climb even higher.
EUR/USD
in
Experienced Traders
Mar 19, 2015 at 15:17
Indeed, the news yesterday caused EUR/USD to move to the upside but the pair reached the resistance at 1.0950 and returned to its previous levels. While I am convinced that the bearish trend will continue I am not sure that the consolidation is over yet. The only thing that can convince me is the pair breaking below the support at 1.0480.
EUR/USD
in
Experienced Traders
Mar 18, 2015 at 17:17
EUR/USD is testing the resistance at 1.0650 - 1.0660, but I highly doubt it will be able to break above it before the FOMC rate decision announcement. That said, I think that even if the announcement causes a movement to the upside it will be only temporary before the pairing starts falling towards parity again.
EUR/USD
in
Experienced Traders
Mar 17, 2015 at 18:02
The EUR/USD could not break above the resistance at 1.0650 and moved to the downside again today. Consolidation continues and I doubt it will end before the announcement of FOMC's rate decision tomorrow.
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