EUR/USD
forex_trader_137597
Mitglied seit Jul 04, 2013
88 Posts
Nov 06, 2015 at 11:44
We could reach 1.0750 today easily if NFP is High
Mitglied seit Sep 12, 2015
1948 Posts
Nov 06, 2015 at 12:22
Watch for spikes in both directions around key levels,saddle trades watch out.
"They mistook leverage with genius".
forex_trader_137597
Mitglied seit Jul 04, 2013
88 Posts
Nov 06, 2015 at 13:11
'The following are the expectations for today's NFP data as provided by the economists at 12 major banks along with some thoughts on the US unemployment rate into the event as provided by the FX strategists at these banks. Surprisingly, all 12 banks see NFP to post strong number in October with unemployment rate set to fall further southwards.'
This says asomething
This says asomething
Mitglied seit Jul 10, 2014
1117 Posts
Nov 06, 2015 at 16:37
The NFP finally pushed the pair below 1.0800. I think we can expect EUR/USD to keep falling at least until it reaches the previous lows at 1.0520 and 1.0462.
forex_trader_137597
Mitglied seit Jul 04, 2013
88 Posts
Nov 06, 2015 at 16:44
victoriajensen posted:
The NFP finally pushed the pair below 1.0800. I think we can expect EUR/USD to keep falling at least until it reaches the previous lows at 1.0520 and 1.0462.
You always have the best view of all so I will trust you on this one
Mitglied seit Oct 27, 2014
53 Posts
Nov 06, 2015 at 16:47
is it possible that it go upp to 1.08190 befor it turn ?
Mitglied seit Jun 08, 2014
454 Posts
Nov 06, 2015 at 17:15
EUR/USD is dropping again, breaking the low of July 1.0810 next level is low of April at 1.0665.
Mitglied seit Nov 12, 2010
178 Posts
Nov 06, 2015 at 23:57
csc2009 posted:
The pair is trading quietly around 1.087 zone ahead of NFP, we should expect volatility after NFP release.
You posted this after the release, why? What is the point?
See my profile or message me for my latest EA
Mitglied seit Oct 02, 2014
909 Posts
Nov 07, 2015 at 10:18
Long way downnn
Positivity
Mitglied seit Jul 10, 2014
1117 Posts
Nov 07, 2015 at 12:13
tommy2308 posted:victoriajensen posted:
The NFP finally pushed the pair below 1.0800. I think we can expect EUR/USD to keep falling at least until it reaches the previous lows at 1.0520 and 1.0462.
You always have the best view of all so I will trust you on this one
Thank you, I am glad if I can be of any help.
That said, trust first and foremost your own opinion.
Mitglied seit Oct 11, 2013
775 Posts
Nov 09, 2015 at 03:12
Big drop on the EURUSD and more drops may continue during the upcoming week, but some pullbacks may show up on the way down.
Mitglied seit Apr 08, 2014
1141 Posts
Nov 09, 2015 at 09:10
On Friday session the EURUSD plunged with a wide range and closed well in the red near the low of the day.
The pair breached below a daily support signaling that the bears are in control and the price may continue the downward trend although we may see a pullback before another push downward.
The key levels to watch are the 1.0900 (Resistance), the 10-day moving average at 1.0898 (resistance) 1.0819 (support), a Fibonacci extension at 1.0703 (Support) and 1.0622 (Support).
The pair breached below a daily support signaling that the bears are in control and the price may continue the downward trend although we may see a pullback before another push downward.
The key levels to watch are the 1.0900 (Resistance), the 10-day moving average at 1.0898 (resistance) 1.0819 (support), a Fibonacci extension at 1.0703 (Support) and 1.0622 (Support).
"I trade to make money not to be right."
Nov 09, 2015 at 09:23
Euro registered fifth negative against the dollar on Friday and thus the price reached six-month low. The single currency depreciated by 140 pips to 1.0743 after the good data on the labor market in the US dollar supported and strengthened speculation about raising interest rates in December. EUR/ USD found support at 1.0708, but the outlook remains negative. Possible correction of the downward trend in the short term may resume bears interest.
forex_trader_137597
Mitglied seit Jul 04, 2013
88 Posts
Nov 09, 2015 at 13:45
Possible rate cut by ECB in December, that can drop the pair even lower this same week
Mitglied seit Jul 10, 2014
1117 Posts
Nov 09, 2015 at 18:11
For now we're seeing some retracement for EUR/USD which is normal after the incredible drop last week. The pair has currently found some resistance at 1.0780 but if it breaks above that level it will probably reach 1.0820.
Mitglied seit Jun 08, 2014
454 Posts
Nov 09, 2015 at 21:36
Not much of movement on the EUR/USD today, after last week's drop it was expected.
