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EUR/USD
Mitglied seit Apr 08, 2014
1141 Posts
Jul 02, 2014 at 08:26
Mitglied seit Apr 08, 2014
1141 Posts
EURUSD fell during yesterday session, as the 1.37 level did offer resistance. This has been the case for this level for some time now, the truth is that the nonfarm payroll numbers coming out tomorrow will somewhat hold back any significant moves in this market place. A real move may not come until after that announcement comes out.
"I trade to make money not to be right."
Jul 02, 2014 at 09:54
Mitglied seit Jun 11, 2014
33 Posts
honeill posted:peeterwoolf posted:
Let's see tomorrow would eur/usd break 1.37 and continue go up?
EURUSD broke higher during yesterday session, slamming into the 1.37 handle. This is an area that’s been significant resistance previously, so it makes sense that the market stopped right there. However, the fact that we are closing out the top of the range suggests that the market may attempt to break out to the upside
also always apply your s/L and T/P before open your trade
Jul 02, 2014 at 13:27
Mitglied seit Apr 09, 2014
834 Posts
ifyforex posted:honeill posted:peeterwoolf posted:
Let's see tomorrow would eur/usd break 1.37 and continue go up?
EURUSD broke higher during yesterday session, slamming into the 1.37 handle. This is an area that’s been significant resistance previously, so it makes sense that the market stopped right there. However, the fact that we are closing out the top of the range suggests that the market may attempt to break out to the upside
also always apply your s/L and T/P before open your trade
Yes always remember your S/L and T/P.
Mitglied seit Jun 08, 2014
454 Posts
Mitglied seit Apr 14, 2014
230 Posts
Mitglied seit Oct 11, 2013
775 Posts
Mitglied seit Apr 08, 2014
1141 Posts
Jul 03, 2014 at 09:49
Mitglied seit Apr 08, 2014
1141 Posts
EURUSD fell during yesterday session, testing the 1.3650 handle, previous resistance change its role and become a new area of short-term support. We need to see a break above the 1.3705 level in order to be comfortable buying.
"I trade to make money not to be right."
Mitglied seit Jun 08, 2014
454 Posts
Mitglied seit Jun 03, 2010
696 Posts
Mitglied seit Jan 31, 2014
83 Posts
Jul 03, 2014 at 12:17
Mitglied seit Jan 31, 2014
83 Posts
I still tink EUR is overbought and needs to slide down.
If mediocre non farms payroll then I can only see a narrow up or down (going sideways) for next few days
If mediocre non farms payroll then I can only see a narrow up or down (going sideways) for next few days
Si eius XCIX% Ius ergo est Nefas - Sileo processus (If its 99% Right then it is Wrong - Restart the process)
Mitglied seit Jun 03, 2010
696 Posts
Jul 03, 2014 at 12:46
Mitglied seit Jun 03, 2010
696 Posts
Sceadagenga posted:
I still tink EUR is overbought and needs to slide down.
If mediocre non farms payroll then I can only see a narrow up or down (going sideways) for next few days
That's right
PAMM MANAGER // Professional Fund Manager
Jul 03, 2014 at 14:38
Mitglied seit Jun 11, 2014
33 Posts
Sceadagenga posted:yes you are right but still have to wait and see what ecb meeting will give
I still tink EUR is overbought and needs to slide down.
If mediocre non farms payroll then I can only see a narrow up or down (going sideways) for next few days
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