Many expected it can go to parity but it is now up heading 1.0740 as short term daily resistance. Good opportunities for the bulls I guess.
Jan 18 2017 at 11:08
People have been talking about parity for years now but it still hasn’t happened. Who knows, we might see it happen in the next year.
Jan 18 2017 at 16:11
US news out later at 18.30 ,may be some trades worth placing leading up to it, close out before hand, at the moment it looks like it's rolling over.
"They mistook leverage with genius".
Jan 20 2017 at 11:10
It’s rangebound. Again. At this point it’s a surprise when it’s not.
Looking on a daily chart or H4, it seems more to me as a definite bullish trend rather than range consolidation. 1.0628 being a short-term support. We have another FOMC speech coming soon that may shake the market. I would wait to see what happens before placing new trades.
Jan 20 2017 at 16:57
Not much happening at the moment, pretty flat, some bouncing around during the speech, some vague talk.
"They mistook leverage with genius".
Jan 20 2017 at 19:31
Looking for break out at 07000, I have a long position from 06877.
"They mistook leverage with genius".
Jan 21 2017 at 12:48
I closed all my positions on Friday. If it breaks above 1.0700 I will open a new one next week.
Jan 23 2017 at 14:47
Options exp play at 1.070, just be aware of it.
"They mistook leverage with genius".
The pair has been quite bullish the whole day today moving down fast towards 1.0625 as a strong support level. Quick sell trades could be a good option.
A knight's tale!
Jan 29 2017 at 05:24
Irregardless of EU moving up or down, I will still profit. This is why I love EU pair the most. 😁
Let's Profit Everyday!
Well, it didn't go that low and bounced back up today crossing the initial resistance at 1.0691. Upward movement may continue until 1.0730 entering a strong resistance zone.
Feb 01 2017 at 16:34
mohdforex posted:That's the great thing about the market
Irregardless of EU moving up or down, I will still profit. This is why I love EU pair the most. 😁
"They mistook leverage with genius".
The short term bearish sentiment could be a sign for correction of the long term bullish trend. We may see a test of the psychological support at 1.0710 over the next 24 hours.
Trade with determination!
Euro is extending its decline on political risks as anti populist candidates in French and German elections are posing threats of EU disintegration. Euro is testing its major support level of 1.0620, followed by 1.0600. If this level is broken, we could see a sustainable decline in euro.
The EURUSD seems to be in a consolidation stage in the range between 1.0714 and 1.0639. Initial jobless claims announcement may shake the market a bit so I will stay tuned for this news.
Feb 09 2017 at 14:39
I think this consolidation might be a sign of trend reversal. Will closely watch the news today as I have some short positions opened on the EUR/USD.
Feb 09 2017 at 14:40
The jobless claims news didn't have that much of an impact on EUR/USD, although it pushed the price further down a bit.
Feb 09 2017 at 17:11
The jobless numbers don't really have any effect worth trading, unless its unexpected numbers.
"They mistook leverage with genius".
Feb 09 2017 at 17:14
snapdragon1970 posted:
The jobless numbers don't really have any effect worth trading, unless its unexpected numbers.
EU is still oscillating around 1.07
No big fuzz until some major event
Still can make money even on oscillation https://www.myfxbook.com/members/togr/oscillatortradersway/1754580
