EUR/USD
Členem od Oct 11, 2013
775 příspěvků
Apr 09, 2015 at 20:11
more losses for the EURUSD, lets see if it gets to the 1.0500 level again, so far the bearish momentum is still in place.
Členem od Apr 08, 2014
1141 příspěvků
Apr 10, 2015 at 07:50
The USD strengthen after better-than-expected US initial jobless claims and continuing jobless claims putting pressure on the EURUSD that fell fast and hard on yesterday session. If the 1.0622 support do not hold it may continue the downside momentum to the next support level at 1.0462.
"I trade to make money not to be right."
forex_trader_236107
Členem od Mar 10, 2015
116 příspěvků
Apr 10, 2015 at 08:07
Abubakarbala posted:
Hello,
I want to know when do real effect of this economic calender happen in the real market situation.
I ask this because I keep watching for one of the event with high impact I waited until it is done, when look at the chart after it is done, no reasonable upward trend neither down ward trend were occured.
Please can someone help me through?
Although high impact news causes the market to move greatly, it isn't a sure thing. We have also seen high impact news favor a currency pair, and the price shoot against it. Most of the trades who rely on high impact news to make trades in forex will end up sitting on a floating loss for a rather long time. My suggestion to you would be to not trade like everyone else.
forex_trader_236107
Členem od Mar 10, 2015
116 příspěvků
Apr 10, 2015 at 08:20
Abubakarbala posted:
If I get you right you mean, after an event from economic calander has been before it effect the live market I have to wait for the price to touch daily pivot point then, at anytime from there effect of economic calander can occur. Am I right?
The reality is the effect can happen at any time. Not only when it touches a pivot. You may want to study engulfing patterns on the lower tf. You see swingers longing at the top, and shorting at the bottom. Those are the ones losing money now, because they are getting caught at the extreme of this range.
Členem od Jun 07, 2011
372 příspěvků
Apr 10, 2015 at 11:42
EUR / USD fell on Thursday and broke down the resistance of 1.0710.
Short term momentum indicators support the notion more falls with both indicate a bearish momentum accelerating.
The RSI met with resistance in your line of 30 points and down, while the MACD is below the signal lines and zero without sinking signals. On the daily chart, the trend is downward with the EUR / USD to reveal minimum and lower maximum below both moving averages 50 and 200 days.
Short term momentum indicators support the notion more falls with both indicate a bearish momentum accelerating.
The RSI met with resistance in your line of 30 points and down, while the MACD is below the signal lines and zero without sinking signals. On the daily chart, the trend is downward with the EUR / USD to reveal minimum and lower maximum below both moving averages 50 and 200 days.
Členem od Jul 10, 2014
1117 příspěvků
Apr 10, 2015 at 16:09
EUR/USD has almost reached the previous low around 1.0470. There is a possibility it will form a double bottom and then start climbing again, but I, personally, think the bearish trend will continue. That said, I doubt it will happen before Monday.
Členem od Jun 08, 2014
454 příspěvků
Apr 10, 2015 at 18:24
price broke the support of the trading range and dropped almost 300 pips today and yesterday.
Členem od Jun 08, 2014
413 příspěvků
Apr 10, 2015 at 19:22
EUR/USD moving down following the strong bearish trend the whole week and fell 467 pip, and i think it is heading to the 1.05 support level next week.
Členem od Apr 09, 2014
834 příspěvků
Apr 11, 2015 at 01:24
Abdul2012 posted:
EUR/USD moving down following the strong bearish trend the whole week and fell 467 pip, and i think it is heading to the 1.05 support level next week.
It's true, Eur/Usd had a worse performance the whole week, the immediately support level can be found at 1.0550 zone.
Členem od Jun 08, 2014
454 příspěvků
Apr 11, 2015 at 17:28
The EUR/USD remains in the bearish channel. next support level 1.0590
Členem od Apr 09, 2014
834 příspěvků
Apr 12, 2015 at 23:56
Greece is back again, Greece need to pay out govenment salaries and pensions this week, and end of week to submit a comprehensive proposal of reforms for the Eurogroup meeting on the 24th.
Členem od Apr 14, 2014
230 příspěvků
Apr 13, 2015 at 01:25
We have a very busy week ahead of us, fulfilled with fundamental data starting from Tuesday.
Členem od Oct 11, 2013
775 příspěvků
Apr 13, 2015 at 02:29
Yes, very important fundamentals for this week which could affect the EURUSD like retail sales from the US and the ECB's press conference.
forex_trader_241313
Členem od Apr 10, 2015
4 příspěvků
Apr 13, 2015 at 06:59
expeting eurusd to hit below 1.050 this week. bearish trend continuation.
Členem od Apr 08, 2014
1141 příspěvků
Apr 13, 2015 at 07:56
EURUSD fell on Friday’s session for the 4th straight day and close in the red on the middle of the daily range. The entered a daily support zone [1.06220 | 1.04620] and we may see some choppy action until a clear breakout of this area. On Tuesdays we will have the US Retail sales and on Wednesday we will have the ECB Monetary policy statement and press conference that my set the tone for the rest of the week.
"I trade to make money not to be right."
Členem od Sep 06, 2013
137 příspěvků
Apr 13, 2015 at 09:00
honeill posted:
EURUSD fell on Friday’s session for the 4th straight day and close in the red on the middle of the daily range. The entered a daily support zone [1.06220 | 1.04620] and we may see some choppy action until a clear breakout of this area. On Tuesdays we will have the US Retail sales and on Wednesday we will have the ECB Monetary policy statement and press conference that my set the tone for the rest of the week.
Kudos to Hugo for looking at the important stuff ie the fundamentals :) I'm also looking to see what kind of follow up to the fomc we have.
HOLY GRAIL: Fundamental Analysis to chose your pairs/direction, Technical Entry/SL/TP for consistent Management of those decisions
Členem od Oct 11, 2013
775 příspěvků
Apr 13, 2015 at 12:05
Fundamentals is what really move the markets, that is why we cannot ignore them. The Technicals may give us an idea of how high or low a market may go, but the markets are not going to move if there is no fundamental reason to do so.
Členem od Sep 06, 2013
137 příspěvků
Apr 13, 2015 at 12:14
alexforex007 posted:
Fundamentals is what really move the markets, that is why we cannot ignore them. The Technicals may give us an idea of how high or low a market may go, but the markets are not going to move if there is no fundamental reason to do so.
So true - a trader who ignores the Fundamentals can't succeed in the long term, its that simple.
HOLY GRAIL: Fundamental Analysis to chose your pairs/direction, Technical Entry/SL/TP for consistent Management of those decisions
Členem od Jun 07, 2011
372 příspěvků
Apr 13, 2015 at 14:09
EUR / USD fell on Friday, breaking down the barrier support, now resistance of 1.0650.
The daily momentum is bearish and open the way to future falls.
The RSI to 14 days hit resistance just above the 50 line and went down, while the daily MACD, already negative, rose and fell below its signal line.
In the bigger picture, the EUR / USD is still trading below the moving averages 50 and 200 days.
The daily momentum is bearish and open the way to future falls.
The RSI to 14 days hit resistance just above the 50 line and went down, while the daily MACD, already negative, rose and fell below its signal line.
In the bigger picture, the EUR / USD is still trading below the moving averages 50 and 200 days.
Členem od Jun 08, 2014
413 příspěvků
Apr 13, 2015 at 17:51
EUR/USD fell down today to 1.0521 and rebound from the 1.0500 support level but the dollar still stronger than the euro and i am expecting more down in the future.
