EUR/USD
Mitglied seit Apr 08, 2014
1141 Posts
Jul 16, 2014 at 08:57
EURUSD fell during yesterday session, breaking below the upward trend line and the lows from the past couple of weeks amid jitters minutes before the testimony of Fed Chair Yellen before the US Congress.
However, there is a significant support zone from 1.3525 to 1.3476, market will try to test that area and find buyers.
However, there is a significant support zone from 1.3525 to 1.3476, market will try to test that area and find buyers.
"I trade to make money not to be right."
Mitglied seit Jun 03, 2010
696 Posts
Jul 16, 2014 at 19:55
Time to take on some positions!
PAMM MANAGER // Professional Fund Manager
forex_trader_178891
Mitglied seit Feb 26, 2014
104 Posts
Jul 16, 2014 at 21:34
adrian8891 posted:Yes .I agree .
Time to take on some positions!
Slowly scale down BUY positions .
Good luck to all .
Mitglied seit Apr 14, 2014
230 Posts
Jul 17, 2014 at 00:30
It was good day yesterday, we finally see some real volatility.
forex_trader_178891
Mitglied seit Feb 26, 2014
104 Posts
Jul 17, 2014 at 02:01
Finally confirm strong support .
Perfect buy opportunity .
Good luck guys .
Perfect buy opportunity .
Good luck guys .
Mitglied seit Oct 11, 2013
775 Posts
Jul 17, 2014 at 03:31
How far down can the EURUSD go? In the long term the pair keeps its bullish trend, that is why the current drop may be short lived.
forex_trader_178891
Mitglied seit Feb 26, 2014
104 Posts
Jul 17, 2014 at 03:54
alexforex007 posted:Well ,I don't think long term is bullish trend .But I think for sure now is buy opportunity in short term trading .
How far down can the EURUSD go? In the long term the pair keeps its bullish trend, that is why the current drop may be short lived.
Long EUR/USD & Short GBP/USD is perfect storm for now .
or Long EUR/GBP is solution in next couple days .
For long tern like 1 year than EURUSD in the down trend .
Mitglied seit Jun 08, 2014
454 Posts
Jul 17, 2014 at 06:15
Yeah we have a very strong support ahead of the price let's see if it will hold
Mitglied seit Jun 08, 2014
454 Posts
Jul 17, 2014 at 06:15
i agree 1.3520 is a very strong support lets see if it will hold the price
Mitglied seit Jul 16, 2014
1 Posts
Jul 17, 2014 at 06:16
Recommended Trades for 17TH July 2014
Trade Direction Level Stop Loss Target 1 Target 2 Target 3
July Crude Oil BUY 100.40 99.80 101.40 102.00 102.80
July Crude Oil SELL 102.90 103.50 102.10 101.60 101.00
Spot Gold BUY 1295 1282 1305 1311 1318
Spot Gold BUY 1287 1280 1300 1305 1311
EUR/USD BUY 1.3510 1.3460 1.3570 1.3600 1.3630
GBP/USD BUY 1.7130 1.7050 1.7185 1.7230 1.7270
AUD/USD BUY 0.9350 0.9300 0.9400 0.9430 0.9455
NZD/USD SELL 0.8760 0.8800 0.8710 0.8670 0.8640
USD/CAD BUY 1.0700 1.0650 1.0760 1.0780 1.0810
USD/JPY BUY 101.30 100.70 101.90 102.40 102.70
GBP/JPY BUY 173.90 172.90 174.50 174.75 175.10
EUR/CAD BUY 1.4490 1.4430 1.4540 1.4570 1.4600
AUD/JPY BUY 95.00 94.50 95.50 95.90 96.20
CHF/JPY BUY 113.15 112.85 113.55 113.85 114.10
EUR/NZD BUY 1.5500 1.5450 1.5550 1.5590 1.5640
Trade Direction Level Stop Loss Target 1 Target 2 Target 3
July Crude Oil BUY 100.40 99.80 101.40 102.00 102.80
July Crude Oil SELL 102.90 103.50 102.10 101.60 101.00
Spot Gold BUY 1295 1282 1305 1311 1318
Spot Gold BUY 1287 1280 1300 1305 1311
EUR/USD BUY 1.3510 1.3460 1.3570 1.3600 1.3630
GBP/USD BUY 1.7130 1.7050 1.7185 1.7230 1.7270
AUD/USD BUY 0.9350 0.9300 0.9400 0.9430 0.9455
NZD/USD SELL 0.8760 0.8800 0.8710 0.8670 0.8640
USD/CAD BUY 1.0700 1.0650 1.0760 1.0780 1.0810
USD/JPY BUY 101.30 100.70 101.90 102.40 102.70
GBP/JPY BUY 173.90 172.90 174.50 174.75 175.10
EUR/CAD BUY 1.4490 1.4430 1.4540 1.4570 1.4600
AUD/JPY BUY 95.00 94.50 95.50 95.90 96.20
CHF/JPY BUY 113.15 112.85 113.55 113.85 114.10
EUR/NZD BUY 1.5500 1.5450 1.5550 1.5590 1.5640
Every Trade Matters..."If you cannot do great things, do small things in a great way"
Mitglied seit Apr 08, 2014
1141 Posts
Jul 17, 2014 at 07:41
EURUSD fell hard during yesterday session hitting a daily support at 1.3525 and still remains above the 1.35 handle. However a break below the 1.3476 support zone, could throw the EURUSD down to the 1.33 level.
"I trade to make money not to be right."
Mitglied seit Jun 08, 2014
454 Posts
Jul 17, 2014 at 19:31
no movement at all today!!!!! this support level is killing me
Mitglied seit Apr 14, 2014
230 Posts
Jul 17, 2014 at 21:18
sherifFares posted:
no movement at all today!!!!! this support level is killing me
I was hoping for more movement today with the news everything, but nada!
forex_trader_178891
Mitglied seit Feb 26, 2014
104 Posts
Jul 18, 2014 at 01:25
EURUSD tried so hard to break support .
In my experience even if it can break the support than it still would back up right away .
Still have STRONG call for buy now .
In my experience even if it can break the support than it still would back up right away .
Still have STRONG call for buy now .
Mitglied seit Oct 11, 2013
775 Posts
Jul 18, 2014 at 04:13
Lets see if tomorrow we see the EURUSD take a clear direction or if it stays in consolidation just above the 1.3500 level.
Mitglied seit Apr 08, 2014
1141 Posts
Jul 18, 2014 at 06:56
EURUSD went back and forth during yesterday session closing near the open forming a doji and showing that the 1.3426 up to 1.3525 is a strong supportive zone. With this in mind, the market may be ready to bounce from here, and head back towards the top of the consolidation area at the 1.37 handle.
"I trade to make money not to be right."
