EUR/USD
Mitglied seit Apr 14, 2014
230 Posts
Jul 07, 2014 at 21:25
(bearbeitet Jul 07, 2014 at 21:26)
csc2009 posted:
I think we have seen some corrective movement today, we may see further up movement tomorrow.
Probably up to 1.3625 before bounce back?
Mitglied seit Oct 11, 2013
775 Posts
Jul 07, 2014 at 22:02
Well, yes, the EURUSD could keep correcting some more, but be aware that the downtrend is still in place and this could be just a normal retracement to keep dropping.
Mitglied seit Jun 08, 2014
454 Posts
Jul 08, 2014 at 06:23
i think the road will be to 1.3550 but after hitting the resistance at 1.3620 and rebound but the point lets see how long it will take to move
Mitglied seit Jun 08, 2014
454 Posts
Jul 08, 2014 at 21:05
eur/usd is back to small range trade i dont think all we can do now is to wait for it to move before deciding anything
Mitglied seit Apr 14, 2014
230 Posts
Jul 08, 2014 at 21:30
Yes, we need more confirmation for the bullish trend, maybe tomorrow we will see.
Mitglied seit Oct 11, 2013
775 Posts
Jul 09, 2014 at 02:48
The EURUSD is very consolidated, going sideways and it looks like the bullish correction is losing steam.
Mitglied seit Apr 08, 2014
1141 Posts
Jul 09, 2014 at 09:07
EURUSD should stay in a range today until late this evening as investor’s await clear signs from the U.S. Federal Reserve (FOMC June minutes) that it is on track to raise U.S. interest rates next year.
"I trade to make money not to be right."
Mitglied seit Jun 03, 2010
696 Posts
Jul 09, 2014 at 09:39
ECB's Coene just said the euro wasn't too strong, and this was the catalyst to push the single currency higher, but how far? Absence of economic data has no significance for the pair, as it stays in the narrow range even when there are weak German readings, and broad sell-off of the USD. It looks like the pair chooses stability against volatility, and judging by the yesterday’s Brazil game stability is better. The only factor that may take the euro out of recent cage is FOMC minutes scheduled for release tonight. But we need to see really aggressive stance for the pair to move below 1.36 and slide to 1.3574 support.
PAMM MANAGER // Professional Fund Manager
Mitglied seit Oct 08, 2011
137 Posts
Jul 09, 2014 at 17:48
Daily chart: There are 4 finished bars in the same (down) trend. The high of the first reversal bar will be a minor (buy) entry signal.
I posted this 3 days ago... it was a simple entry.
The first reversal bar was Monday. buy 1 pip above the high of Monday.
With minor/intermediate/major entry signals there is no guessing as to where prices will go. You just trade what you see and NOT what you think.
I posted this 3 days ago... it was a simple entry.
The first reversal bar was Monday. buy 1 pip above the high of Monday.
With minor/intermediate/major entry signals there is no guessing as to where prices will go. You just trade what you see and NOT what you think.
"a little bit of knowledge is a dangerous thing"
Mitglied seit Jun 08, 2014
454 Posts
Jul 09, 2014 at 17:49
actually in few minutes we will have strong movements on the dollar against all the currencies so i hope you have enough cash in your account
Mitglied seit Jun 03, 2010
696 Posts
Jul 09, 2014 at 19:26
Anybody alive after data? ;)
PAMM MANAGER // Professional Fund Manager
Mitglied seit Dec 14, 2013
12 Posts
Jul 09, 2014 at 19:29
adrian8891 posted:
Anybody alive after data? ;)
Yes, strong as a Bull 😎
"We are what we repeatedly do. Excellence, then, is not an act, but a habit."
