EUR/USD

I can see that today was a lazy day for the market at all , but next week the big jump as they said ...lol
happy weekend for ya all.

It come to the end of November, eur/usd shows mixed—conflicting signals probably means that EUR is likely to range trade. Next week the ECB meeting is the focus.

It was very quiet day for eur/usd yesterday as expected, hope everyone had great black friday.

ASKET posted:

   stevewalker posted:
   this thread is about EUR/USD

please feel free to post your forecast/comments/thoughts about that pair.

walker

Вы тут, что все англичане?

我是中国人，但是我英语超级差。

Happy holiday everyone and I hope everyone enjoyed the Black friday

xiaoxiao520 posted:

ASKET posted:

   stevewalker posted:
   this thread is about EUR/USD

please feel free to post your forecast/comments/thoughts about that pair.

walker

Вы тут, что все англичане?

我是中国人，但是我英语超级差。

??

sherifFares posted:
Happy holiday everyone and I hope everyone enjoyed the Black friday

Not everyone enjoy black Friday, there were fight, arrest over sales bargains.

Euro must fall at the end of the week, after a short growth

Euro must fall at the end of the week, after a short growth or fall immediately. no third

EURUSD tried to rally during the session on Friday, but found resistance at the 1.25 handle, and then pullback to form a doji pattern. The pair is in sideways action waiting for a big move one way or another. A close today above the 10 day moving average could push the pair to the 50 day moving average at 1.2571 on the other hand a close below the 10 day moving average can throw the pair to Year low at 1.2357.

EUR / USD gave signs of consolidation on Friday.
From the daily chart, we see that the general trend for the EUR / USD remains downward, but given the positive divergence between daily oscillators and price action are some uncertainties surrounding short-term movements.
R3 - 1.25461
R2 - 1.25179
R1 - 1.24821
Daily Std. Pivot - 1.24539
S1 - 1.24181
S2 - 1.23899
S3 - 1.23541

It's a slow Monday for EUR/USD. The consolidation continues and it looks like it's headed for target 1.2560, but nothing is certain at the moment.

The best thing to do is waiting for tomorrow hope we see some noticeable move.

Price is pulled back but as long as we are over the strong support level 1.2450 I think I can buy long. I will be targeting 1.2520

Abdul2012 posted:
The best thing to do is waiting for tomorrow hope we see some noticeable move.

Well, we have seen this pair rallies and then snapsback many time for the last few months, it would be a surprise that happens again.

Slow Monday, eur/usd still in the range between 1.2360 to 1.2530, I think we need another break below 1.2360 to get closer to the target 1.22.

more consolidation on the EURUSD, it could stay below the 1.2500 level until the NFP report.

But I thing it's still chances for sell from today.

Sideways action in EURUSD during yesterday session, essentially testing the 1.25 handle. The pair continues in a bearish phase, however, we stuck in the middle of the range between 1.24 and 1.25. So the wise thing to do is stay on the sidelines and simply counting down the days to non-farm payroll, which is this Friday.