EUR/USD
Member Since Apr 08, 2014
1141 posts
May 01, 2014 at 08:09
alexforex007 posted:
The EURUSD is not going to show any movement until we get the statement from the FED and the NFP report out of the US.
I fully agree with you.
"I trade to make money not to be right."
Member Since Oct 11, 2013
775 posts
May 02, 2014 at 07:17
Attention to a breakout of the current range in the EURUSD between the 1.3800 level and the 1.3900.
Member Since Apr 08, 2014
1141 posts
May 02, 2014 at 08:53
Yes definitely a break of those levels will set the direction of EURUSD for the next weeks or even months to come.
"I trade to make money not to be right."
Member Since Apr 14, 2014
230 posts
May 02, 2014 at 19:58
The market is just waiting to see what Mr. Draghi will do in the upcoming ECB meeting about economic policies.
Member Since Apr 08, 2014
1141 posts
May 06, 2014 at 09:09
Finally it broke the 1.39 level and is not waiting for the ECB meeting. I already can see the next level 1.40.
"I trade to make money not to be right."
Member Since Apr 14, 2014
230 posts
May 06, 2014 at 16:10
Yes, 1.39 level is reached before the ECB meeting, I don't think it will be long for 1.40 level to be reached.
Member Since Apr 08, 2014
1141 posts
May 07, 2014 at 11:05
EURUSD is ranging between 1.3910 and 1.3930 (20 pips) ahead of Yellen Testimony. Today could be make-or-break for the 1.40 level.
"I trade to make money not to be right."
Member Since Apr 14, 2014
230 posts
May 07, 2014 at 14:49
With the interest rate announcement on Thursday, I think the market is not going to breakout quite just yet.
Member Since Oct 11, 2013
775 posts
May 08, 2014 at 06:11
Yes, but in the mean time the EURUSD may bounce to the upside from the 1.3900 level or consolidate above that zones.
Member Since Apr 08, 2014
1141 posts
May 08, 2014 at 08:26
peeterwoolf posted:
With the interest rate announcement on Thursday, I think the market is not going to breakout quite just yet.
I agree with you. Today will be like the “D-day” ECB rate decision and also Mario Draghi speech.
"I trade to make money not to be right."
May 08, 2014 at 09:43
alexforex007 posted:
Yes, but in the mean time the EURUSD may bounce to the upside from the 1.3900 level or consolidate above that zones.
I agree, the price is going up as we speak, look like the market is pull back slightly from yesterday's falling just before the ECP interest rate announcement.
Member Since Apr 14, 2014
230 posts
May 08, 2014 at 09:47
It's not for long, wait is almost over!😄
Member Since Oct 11, 2013
775 posts
May 09, 2014 at 07:22
Strong drop on the EURUSD, but we must realize that today's drop does not change the trend, which remains bullish on the pair.
Member Since May 07, 2014
14 posts
May 09, 2014 at 09:21
Remember 1.3820? 1.3820 is long term prior resistance and current support. It's like a magnet, cause institutions wants to test it if large buy orders is still there. Or rather - if there are sellers just below 1.3820. Of course, volatility factor might extend this number to 1.3808. Below 1.3808 long term stops would trigger, momentum short term players would pick up the ride.
Did post charts before. It is pitty, they ve been removed by FXBook. No idea why.
Did post charts before. It is pitty, they ve been removed by FXBook. No idea why.
There are good losers, and bad winners.
Member Since Apr 08, 2014
1141 posts
May 09, 2014 at 10:10
INOUGibraltar posted:
Remember 1.3820? 1.3820 is long term prior resistance and current support. It's like a magnet, cause institutions wants to test it if large buy orders is still there. Or rather - if there are sellers just below 1.3820. Of course, volatility factor might extend this number to 1.3808. Below 1.3808 long term stops would trigger, momentum short term players would pick up the ride.
Did post charts before. It is pitty, they ve been removed by FXBook. No idea why.
I agree with the analysis, because Draghi’s dropped yesterday an unexpected bombshell that the governing council is comfortable with acting next time, speculating on an easing policy in June.
"I trade to make money not to be right."
Member Since Apr 14, 2014
230 posts
May 09, 2014 at 13:12
That was one big bombshell Draghi's drop to stop the euro breaking through the 1.40 level.
forex_trader_28403
Member Since Jan 31, 2011
2 posts
May 09, 2014 at 14:31
Hello, I would like to introduce myself. My name is Michael & I'm trading from the Great state of 'Misery'! (Missouri). I've been trading since about 2010 & have had an account since about 2011 but I haven't done a whole lot of chatting with people. I would like to get more involved with this site & the different things you can do here. I would appreciate any advice & help. Nice to meet you all. Happy Trading!
'May the Odds ever be in your Favor'
Mr. Mike😎
'May the Odds ever be in your Favor'
Mr. Mike😎
