EUR/USD

Yes, enjoy your weekend guys.

The dollar traded unchanged or higher against the G10 in pairs during the European morning session on Friday. Appreciated against the NZD, CAD, CHF, EUR, JPY and GBP, and this order remained unchanged compared to the AUD and NOK. The 'greenback' just devalued against the SEK.

bewayopa posted:

The dollar traded unchanged or higher against the G10 in pairs during the European morning session on Friday. Appreciated against the NZD, CAD, CHF, EUR, JPY and GBP, and this order remained unchanged compared to the AUD and NOK. The 'greenback' just devalued against the SEK.

Good to know.

The EUR/USD pair fell during last week, far clear the 1.35 level. It now appears that the selling momentum is picking up, and we might see it's heading down further.

We may find strong support at 1.3400
Ceiling at 1.375 .
Break those level may cause up side or further down side .

The Euro has been hurt badly, but it may still go a little bit further down.

Learn the 'language of charts' and you'll be trading without fear. After a very simple (7-bar) 'ledge' entry on the weekly chart (2 matching highs and 2 matching lows - with at least one bar between the matches), chances are, that prices will close the 'hanger' bar from Nov. 10 of last year at 1.3345. A hanger is a bar where the open and low or open and high are the same price (or less than 1 pip difference) and the price has not been touched every since (which is the case here). When the hanger closes, prices should trade very close to or below 1.3300 as I have posted some time ago. the 50% retracement from the past 2.5 years is at near 1.3000, where a minor trend line is met as well.

i wish to everyone a good profitable week

PERPETUUMMOBILE posted:
Learn the 'language of charts' and you'll be trading without fear. After a very simple (7-bar) 'ledge' entry on the weekly chart (2 matching highs and 2 matching lows - with at least one bar between the matches), chances are, that prices will close the 'hanger' bar from Nov. 10 of last year at 1.3345. A hanger is a bar where the open and low or open and high are the same price (or less than 1 pip difference) and the price has not been touched every since (which is the case here). When the hanger closes, prices should trade very close to or below 1.3300 as I have posted some time ago. the 50% retracement from the past 2.5 years is at near 1.3000, where a minor trend line is met as well.

This is a good advice. Cheers

i am looking at buy on eur/usd my target at 1.345

No surprise today, I think it will probably continue this range until Wednesday.

csc2009 posted:
No surprise today, I think it will probably continue this range until Wednesday.

Yes, that's right. These two days eur/usd would probably be trading quite in the same range like today.

The EUR/USD is trading higher (daily chart), but the volume is down and the action is light.
Everyone is waiting for Fed announcement later this week along with U.S. GDP and Non-Farm Payrolls data.

Just another push lower and the EURUSD could touch the 1.3400 level where it could find a good support zone.

uncertainty in the market in the start of the week, the bulls are finally awake ??

I am bullish from this point. If can sustain the 1.3425 level then 1.3530 is my next immediate target. Lets see.

honeill posted:
The EUR/USD is trading higher (daily chart), but the volume is down and the action is light.
Everyone is waiting for Fed announcement later this week along with U.S. GDP and Non-Farm Payrolls data.

toatl you are right we have to wait and see what will happen

ifyforex posted:

honeill posted:
The EUR/USD is trading higher (daily chart), but the volume is down and the action is light.
Everyone is waiting for Fed announcement later this week along with U.S. GDP and Non-Farm Payrolls data.

toatl you are right we have to wait and see what will happen

And i agree with that too, waiting for the moment while is the pair still at this level.

Abdul2012 posted:

ifyforex posted:

honeill posted:
The EUR/USD is trading higher (daily chart), but the volume is down and the action is light.
Everyone is waiting for Fed announcement later this week along with U.S. GDP and Non-Farm Payrolls data.

toatl you are right we have to wait and see what will happen

And i agree with that too, waiting for the moment while is the pair still at this level.

Sure | do you have any idea on the current running with opening of New York Session, as it went down till 1.34100 😂
Its seems to wait for next 3 more days to come it up. 1.34300 level back |

How about this going to 1.341xx level ?

Prachait