EUR/USD

I think EUR/USD is still in consolidation, but in my opinion it will continue falling once it breaks below the support at 1.2820 - 1.2800. That said, we'll have to wait and see what effect Mario Draghi's speech later today will have on it.

Eur/usd seems back to ranging today, but we are still trading below 1.2870, further downward movement should be expected.

True, the EURUSD Still trades to the downside, and we have a couple of releases this week which should add some movement to this pair.

The Dollar may keep gaining more ground versus the Euro, a possible bearish continuation of the trend may be seen.

Everyone is so focused on EU when we can make money else where. Today I earned 7% (and would of been way more if I had simply not gotten excited and closed) not trading EU

Why do people use the word MAY MIGHT WILL in forex? If you have a bias towards any direction you will simply limit the amount of pips you can make.

EURUSD initially fell during the course of yesterday session, but bounced just above the 1.28 level. The pair is going to consolidate within the 100 pips consolidation area from 1.28 to 1.29 level.

alexforex007 posted:
The Dollar may keep gaining more ground versus the Euro, a possible bearish continuation of the trend may be seen.

I can see that , and it will happen i think soon . thank you.

It looks like EUR/USD is headed north after all and we might see some correction. There's a marubozu candlestick in the daily filter chart and the trend appears to be exhausted for the moment. I think the target will be 1.2950, perhaps even 1.3100 later on.

During the European session today, the dollar negotiates low against almost all G10 peers. Was higher against the GBP, stable only for the AUD.
The EUR / USD rose while the value of PMI is presented below the previous level (52.3 to 52.5), remained, however, above the neutral level of 50.0 for the 15th consecutive month.

now we have a 100 pip range from 1.2900 and 1.2800 on the weekly the two points proved to hold the price. this will not be easy to break.

Looks like we had some lightly intraday bullish movement today, but still stay in the range.

I think what we are seeing today is some correction movement and reaction from US bombing and German data.

The 1.2900 is acting as a good resistance on the EURUSD. A breakout of that level could indicate a bullish correction.

EURUSD broke higher during the course of yesterday session, but found enough resistance near the 1.29 level to turn things back around also the 10 day moving average is pushing the pair down. However, if we close below the 1.28 level, this pair will continue to drop from there. Rallies on short-term charts will continue to offer selling opportunities all the way to the 1.30 level as far as we can see.

EUR / USD started to rise yesterday but had no strength to overcome the resistance of 1.2900 and fell closing the day nearly unchanged.
The yields of the USA and expectations of interest rates subsided yesterday and the dollar was mixed in trading usually without trend.

price broke what looked to be a very strong support easily. the way is now open for more downtrend

yes it is , i agree with you sherifFares.

I guess now 1.27 area become the ultimate target, getting closer to Goldman & Sachs forecast.