EUR/USD

None of you realize that if you have a good trading strategy or system, it odesn't matter if you have buy or sell? :)

vinabao posted:
Ok Guys .
Time to BUY EURUSD .

Really??

sherifFares posted:
im glad i dont have open positions on the pair

No, no position open on this pair during the worldcup final weekend.

I prefer to wait Draghi's speech this afternoon and keep an eye on the EURUSD. while There isn't a lot of volatility in the market at the moment.

Abdul2012 posted:
I prefer to wait Draghi's speech this afternoon and keep an eye on the EURUSD. while There isn't a lot of volatility in the market at the moment.

An increase in price as we have seen in EU and e/cad almost 12 hours prior to Mario's speech would suggest a sell.If eur pairs accumulate at the same pivot level prior to the news without any pull back, I would suggest selling prior.

Abdul2012 posted:
I prefer to wait Draghi's speech this afternoon and keep an eye on the EURUSD. while There isn't a lot of volatility in the market at the moment.

yes are right man the best think is to wait and see what he is going to say about the interested rate if it is good then it will be good for eur

ifyforex posted:

Abdul2012 posted:
I prefer to wait Draghi's speech this afternoon and keep an eye on the EURUSD. while There isn't a lot of volatility in the market at the moment.

yes are right man the best think is to wait and see what he is going to say about the interested rate if it is good then it will be good for eur

The smart thing to do is wait, but if the price is increasing prior to the speech, and say the price accumulates at the high prior to the speech, it would be much more probable based on past events, that the price will drop.

EURUSD went up and down during the course of the session on Friday, making an inside day and essentially holding the 1.36 level again. That being the case, the market seems like it’s ready to move upward to the resistance at the 1.37 level again.

We have a fresh start of the week, the EUR/USD picked up a momentum and tested a 4-day high of 1.3640.
This evening we have the ECB President Draghi's speech and the Eurozone will release May industrial production figures. I think we will have a interesting day ahead of us.

Fresh start, yes. But any difference, I think it's too soon to tell. I'm waiting for Draghi's speech today.

EUR / USD pulled some almost undetectable 0.2% during the week, which would be somewhat dressy even comparing with the more daily weekly volatility.

when is the speech of draghi ? I think Yellen testimony will be very important tomorrow on the USD

EURUSD tried to rally during yesterday session, but as you can see gave back about half of the gains consolidating within a tight range of 1.3590 support and1.3650 resistance. Ultimately, this is a market that looks far too choppy to be trading.

i hope for wide range of trading and big movement tonight

The dollar traded higher against almost all G10 counterparts during European morning Tuesday. Appreciated against the AUD, NOK, EUR, CHF, JPY, CAD and SEK, respectively. Only depreciated against the GBP, while it remained virtually unchanged against the JPY.

EURUSD is ranging quite well. i feel like soon there will be a breakout possibly on the buy direction.

As I see that the dollar is getting stronger than before this week.

How low can the EURUSD go? We could see the pair remain in current ranges if the US fundamentals start showing some weakness.

Abdul2012 posted:
As I see that the dollar is getting stronger than before this week.

i agree. do you see a breakout coming along soon?