EUR/USD

the participants in the forex market next week , please let me know anything I hae to dov

SHORT TERM EUR - Could go Either way. We were expecting Inflation Forecasts to grow and were disappointed as the effects from the previous QE extensions are yet to be seen. From an economic view point its weak.
LONG TERM EUR - We are NOWHERE NEAR the inflation targets and Britain may leave. Its WEAK.
SHORT TERM USD - Weak - Rate hikes are being Delayed due to slow labor as well as Brexit concerns... until the Brexit vote is done this will stay the same.
LONG TERM USD - Stronger, the next move is a hike.....

Putting that together makes for a VERY uncertain pair in the EURUSD

@Silk Dear I say just google it? And if brexit happens it is bad for EUR and GBP. While remain is atleast good for the GBP.

EUR/USD: correction to 1.1285 is expected. Intraday outlook: low - 1.1232, high - 1.1285, closing - 1.1265.

EUR/USD marks a positive day today after going to 1.1234 and reaching a high of 1.1304. The pair is now trading at 1.1280 and as it appears, it is consolidating between the low of 1.11 and the high of 1.14.

The relatively tight range visible on the weekly time-frame continues, unfortunately. Let's hope the UK referendum will put an end to it eventually.

victoriajensen posted:
The relatively tight range visible on the weekly time-frame continues, unfortunately. Let's hope the UK referendum will put an end to it eventually.

True, the pair is struggling to make any significant movement, consolidation could possibly continue before the Fed and the Brexit.

The single currency was trading elevated against the US Dollar on Monday. The session started at 1.1250, the pair broke the resistance at 1.1286 and the session closed at 1.1290. Next bulls target is the resistance located ta 1.1450. Support is now located at 1.1286.

The price is below the middle line of Bollinger bands borders, below 5 EMA and EMA 13. RSI turns up. Stochastics come out of the oversold zone. MACD is below zero and demonstrates attenuation loss. Indicators confirm each other. I would sell the pair to rise from 1.1280-1.1300 with the prospect of its fall to 1.1140.

The EUR/USD was not impacted today by the release of the Advance Retail Sales today. The news turned out to be a non-event and price did not alter in any sudden and volatile changes.

EUR/USD is back to testing 1.1200. A breakout below that level will lead to a further drop to 1.1140 - 1.1130.

The EURUSD stops momentarily around the 1.1200 level and the 200 day EMA, but the bearish momentum seems to stay in place, therefore the pair may try to drop some more and visit the 1.1100 zone.

On Tuesday, the single currency recorded a significant loss against the US dollar. The session started at 1.1290 and closed 86 pips lower. After steady downtrend the pair broke through the first support at 1.1286. Next support is located at 1.1100 and the resitance now is located at 1.1286.

Dear thank you for your help, what about GBP/USD and NZD/USD

Hi 100 pips mean how many Dollars?? I just started to trade

EUR/USD is trading relatively unchanged since yesterday's session gravitating towards 1.1200. The pair is now 1.1209 and trading in really low volumes due to lack of fresh news that could stir the market.

To Silk... If its a 0.001 lot size you get approximately a dollar

0.01 not 0.001 sorry

EUR/USD has risen with only about 40 pips all day because everyone are waiting for the FOMC statement which is coming out in less than two hours.