EUR/USD
Členom od Apr 14, 2014
230 príspevkov
Jan 10, 2015 at 00:25
victoriajensen posted:
EUR/USD couldn't break below the support at 1.1750, formed a hammer candlestick and a double bottom, both visible in the four hour filter chart, and then started climbing. It appears that some correction is in order and the pair will keep climbing until it reaches targed 1.1920, where there is strong resistance.
Looks like some correction movement, but with so many bad news in Europe, I'm expecting the market would be in panic mood for the coming weeks.
Členom od Jun 15, 2013
29 príspevkov
Jan 10, 2015 at 09:56
for long i did not write anything as my last comment was clear and more precise the eur/usd is going down and more down now we reach the last of the down trip , it mean the eur/usd will get down so easy and softly to 1.16 level , and in that level it will get up for some time mostly to 1.27 level to restart again down trip but this time will not soft or smooth
this month the 1.16 will be seen soon , and 1.27 mostly at march or early April . then down fall is the real situation to eur/usd and let us see what is next.............. suggest 2 days of down to make drought (bottom after long down move)
this month the 1.16 will be seen soon , and 1.27 mostly at march or early April . then down fall is the real situation to eur/usd and let us see what is next.............. suggest 2 days of down to make drought (bottom after long down move)
Členom od Nov 06, 2014
28 príspevkov
Jan 10, 2015 at 13:09
I beleive is definetly time for correction, the price jumped many time around 1.1800, let's see what will happen next week in the mean time I wish a nice weekend to all of you.
Členom od Apr 09, 2014
834 príspevkov
Jan 11, 2015 at 02:19
Goldman Sachs cut its long-term forecasts for the euro on Friday, unrelated to the US payrolls data. It expects the euro to fall to $1.14 in three months, $1.11 by June and $1.08 by year-end. But it also expects euro parity with the dollar by the end of 2017.
Členom od Nov 12, 2010
174 príspevkov
Jan 11, 2015 at 21:55
Could be bad for the Euro. Overall still in a Sell Position on EURUSD
Greece: Syriza's party maintains solid lead
https://www.fxstreet.com/news/forex-news/article.aspx?storyid=9aa6dd2e-5385-4103-841d-3d11f7619222
Greece: Syriza's party maintains solid lead
https://www.fxstreet.com/news/forex-news/article.aspx?storyid=9aa6dd2e-5385-4103-841d-3d11f7619222
See my profile or message me for my latest EA
Členom od Apr 09, 2014
834 príspevkov
Jan 11, 2015 at 22:25
bestdarngood posted:
Could be bad for the Euro. Overall still in a Sell Position on EURUSD
Greece: Syriza's party maintains solid lead
https://www.fxstreet.com/news/forex-news/article.aspx?storyid=9aa6dd2e-5385-4103-841d-3d11f7619222
Really not good news for euro, let's see how far the correction movement would go.
Členom od Apr 14, 2014
230 príspevkov
Jan 11, 2015 at 23:48
After eur/usd's recovery attempt on Friday, I suspect further recovery might follow, on the upside resistance lies at the 1.1900 level.
Členom od Apr 08, 2014
1141 príspevkov
Jan 12, 2015 at 09:10
The EURUSD initially broke down below the 1.18 level during Friday’s session, but found enough buyers to turn things back around and close near the high of the day. Now the million dollar question will this bullish correction turn into a trend change, or will we see another break below 1.1750?
"I trade to make money not to be right."
Členom od Oct 11, 2013
775 príspevkov
Jan 12, 2015 at 09:33
Looks like the EURUSD is consolidating again around the 1.1800 level, lets pay attention to another possible bearish breakout.
Členom od Jun 07, 2011
372 príspevkov
Jan 12, 2015 at 11:55
EUR/USD failed to break the support 1.1782 (S1) and recovered to reach the resistance formed by the upper limit of the downward channel in the short term 1.1866 (R1).
The positive divergence between the RSI and the price-action with both momentum indicators rising.
However the long-term trend is downward which urges caution and wait for more consistent signals.
R3 - 1.19500
R2 - 1.18978
R1 - 1.18663
Daily Std. Pivot - 1.18141
S1 - 1.17826
S2 - 1.17304
S3 - 1.16989
https://bewayopa.wordpress.com/
The positive divergence between the RSI and the price-action with both momentum indicators rising.
However the long-term trend is downward which urges caution and wait for more consistent signals.
R3 - 1.19500
R2 - 1.18978
R1 - 1.18663
Daily Std. Pivot - 1.18141
S1 - 1.17826
S2 - 1.17304
S3 - 1.16989
https://bewayopa.wordpress.com/
Členom od Jul 10, 2014
1117 príspevkov
Jan 12, 2015 at 17:39
After the double bottom it formed last week and the move to the upside EUR/USD dropped again but couldn't even reach the support at 1.1750 before it formed another hammer in the 4 hour filter chart. It looks like the pair is consolidating again before it continues on its way down to 1.1700.
Členom od Jun 08, 2014
413 príspevkov
Jan 12, 2015 at 19:14
honeill posted:
The EURUSD initially broke down below the 1.18 level during Friday’s session, but found enough buyers to turn things back around and close near the high of the day. Now the million dollar question will this bullish correction turn into a trend change, or will we see another break below 1.1750?
Very useful analysis and interesting question but need an answer, let's wait and keep an eye on the market. thank you.
Členom od Jun 08, 2014
454 príspevkov
Jan 12, 2015 at 19:17
The market looks indecisive. hammer on the daily and on the 4 hour chart but the volatility of the market is weak
Členom od Apr 08, 2014
1141 príspevkov
Jan 13, 2015 at 10:57
EURUSD initially fell during the yesterday session but found enough support at 1.18 handle to bounce upon significant buying pressure and close in the middle of the daily range. The pair is consolidating but we may expect an upside correction before the next leg down.
"I trade to make money not to be right."
Členom od Nov 12, 2010
174 príspevkov
Jan 13, 2015 at 11:02
I'm betting on no correction today unlike yesterday. I am thinking that today we start to head lower and break through 1.18 fully
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Členom od Jun 07, 2011
372 príspevkov
Jan 13, 2015 at 11:50
EUR / USD slightly moved downward yesterday, but after finding support slightly above our line of 1.1788 (S1), recovered to 'play' again the resistance line of 1.1873 (R1).
Since there is positive divergence between the RSI and the price action, and that both our momentum indicators continued to rise, is likely to take a drive up to 1.1873 (R1) and a possible approach to the resistance line of 1.1914 (R2).
After all the long-term trend continues downward.
R3 - 1.19579
R2 - 1.19142
R1 - 1.18731
Daily Std. Pivot - 1.18294
S1 - 1.17883
S2 - 1.17446
S3 - 1.17035
https://bewayopa.wordpress.com/
Since there is positive divergence between the RSI and the price action, and that both our momentum indicators continued to rise, is likely to take a drive up to 1.1873 (R1) and a possible approach to the resistance line of 1.1914 (R2).
After all the long-term trend continues downward.
R3 - 1.19579
R2 - 1.19142
R1 - 1.18731
Daily Std. Pivot - 1.18294
S1 - 1.17883
S2 - 1.17446
S3 - 1.17035
https://bewayopa.wordpress.com/
Členom od Oct 11, 2013
775 príspevkov
Jan 13, 2015 at 12:43
The EURUSD is very vulnerable to more loses. It would be no surprise if the pair makes a new low.
Členom od Jan 12, 2015
1 príspevkov
Jan 13, 2015 at 15:53
i think we have to wait for correction higher because pair failed to break above 1866 level 3 rd time and posted fresh low in 1750-60 zone...
Členom od Jul 10, 2014
1117 príspevkov
Jan 13, 2015 at 16:45
EUR/USD consolidation continued today too. The pair tested the support at 1.1750 but couldn't break below it and bounced back. I wonder how long the consolidation is going to last this time.
Členom od Jun 08, 2014
454 príspevkov
Jan 13, 2015 at 18:51
victoriajensen posted:
EUR/USD consolidation continued today too. The pair tested the support at 1.1750 but couldn't break below it and bounced back. I wonder how long the consolidation is going to last this time.
price broke 1.1800 so I guess it wont be long until 1.1750 will be broken
