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EUR/USD
Mitglied seit Apr 14, 2014
230 Posts
Jul 14, 2014 at 07:27
Mitglied seit Dec 04, 2012
241 Posts
Abdul2012 posted:
I prefer to wait Draghi's speech this afternoon and keep an eye on the EURUSD. while There isn't a lot of volatility in the market at the moment.
An increase in price as we have seen in EU and e/cad almost 12 hours prior to Mario's speech would suggest a sell.If eur pairs accumulate at the same pivot level prior to the news without any pull back, I would suggest selling prior.
Jul 14, 2014 at 07:45
Mitglied seit Jun 11, 2014
33 Posts
Abdul2012 posted:
I prefer to wait Draghi's speech this afternoon and keep an eye on the EURUSD. while There isn't a lot of volatility in the market at the moment.
yes are right man the best think is to wait and see what he is going to say about the interested rate if it is good then it will be good for eur
Jul 14, 2014 at 07:49
Mitglied seit Dec 04, 2012
241 Posts
ifyforex posted:Abdul2012 posted:
I prefer to wait Draghi's speech this afternoon and keep an eye on the EURUSD. while There isn't a lot of volatility in the market at the moment.
yes are right man the best think is to wait and see what he is going to say about the interested rate if it is good then it will be good for eur
The smart thing to do is wait, but if the price is increasing prior to the speech, and say the price accumulates at the high prior to the speech, it would be much more probable based on past events, that the price will drop.
Mitglied seit Apr 08, 2014
1141 Posts
Jul 14, 2014 at 09:13
Mitglied seit Apr 08, 2014
1141 Posts
EURUSD went up and down during the course of the session on Friday, making an inside day and essentially holding the 1.36 level again. That being the case, the market seems like it’s ready to move upward to the resistance at the 1.37 level again.
"I trade to make money not to be right."
Jul 14, 2014 at 11:44
Mitglied seit Apr 09, 2014
834 Posts
We have a fresh start of the week, the EUR/USD picked up a momentum and tested a 4-day high of 1.3640.
This evening we have the ECB President Draghi's speech and the Eurozone will release May industrial production figures. I think we will have a interesting day ahead of us.
This evening we have the ECB President Draghi's speech and the Eurozone will release May industrial production figures. I think we will have a interesting day ahead of us.
Mitglied seit Apr 14, 2014
230 Posts
Mitglied seit Jun 08, 2014
454 Posts
Mitglied seit Apr 08, 2014
1141 Posts
Jul 15, 2014 at 09:14
Mitglied seit Apr 08, 2014
1141 Posts
EURUSD tried to rally during yesterday session, but as you can see gave back about half of the gains consolidating within a tight range of 1.3590 support and1.3650 resistance. Ultimately, this is a market that looks far too choppy to be trading.
"I trade to make money not to be right."
Mitglied seit Jun 08, 2014
454 Posts
Jul 15, 2014 at 14:38
Mitglied seit Jun 07, 2011
372 Posts
The dollar traded higher against almost all G10 counterparts during European morning Tuesday. Appreciated against the AUD, NOK, EUR, CHF, JPY, CAD and SEK, respectively. Only depreciated against the GBP, while it remained virtually unchanged against the JPY.
Mitglied seit Jun 22, 2014
423 Posts
Mitglied seit Oct 11, 2013
775 Posts
Mitglied seit Jun 22, 2014
423 Posts
Jul 16, 2014 at 06:42
Mitglied seit Jun 11, 2014
33 Posts
honeill posted:
EURUSD tried to rally during yesterday session, but as you can see gave back about half of the gains consolidating within a tight range of 1.3590 support and1.3650 resistance. Ultimately, this is a market that looks far too choppy to be trading.
oooh think the eur/usd is going to drop more to 1.353
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