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EUR/USD
Aug 19, 2018 at 19:31
Mitglied seit Dec 06, 2017
256 Posts
EUR/USD closed lower for a second consecutive day Friday, as the extreme overbought conditions together with some positive risk-related headers brought the chance for profits. The pair closed at 1.1437, slightly up on weekly basis, but reversing a three-week losing streak and after bottoming at 1.1300. Technically the pair is in corrective mode and yet far from bullish stance.
Mitglied seit Jul 12, 2018
12 Posts
Sep 13, 2018 at 19:17
Mitglied seit Dec 06, 2017
256 Posts
EUR/USD is pushing above the 1.1660 level, which level is providing a strong static support now, followed by 1.1630, the 23.6% retracement of the August rally. Breaking above the last one would lead the pair to the upside, with next target the August high at 1.1733. Indicators ont he four hour time frame are confirming such advance, as price now is developing above all of its moving averages. RSI and stochastic maintain their bullish slopes and are close to weekly highs.
Mitglied seit Aug 02, 2015
9 Posts
Sep 17, 2018 at 07:47
Mitglied seit Aug 02, 2015
9 Posts
I think because of Trump announcement of going ahead with China trade war tariffs, the eur/usd Forex pair could be moving lower. If it breaks below 1.15650. Target 1.15000 area. We shall see. Lots of European inflation data coming out this coming week and ECB president Mario Draghi will be speaking on Tuesday and Wednesday.
Being successful is not by accident.
Mitglied seit Sep 12, 2015
1948 Posts
Oct 19, 2018 at 12:18
Mitglied seit Sep 12, 2015
1948 Posts
"They mistook leverage with genius".
Mitglied seit Sep 12, 2015
1948 Posts
Oct 21, 2018 at 23:35
Mitglied seit Sep 12, 2015
1948 Posts
No positions on EUR/USD at the moment, down grade but still stable out look from Moody's, HSBC report also ,you can search.
"They mistook leverage with genius".
Mitglied seit Nov 02, 2018
10 Posts
Mitglied seit Nov 08, 2018
19 Posts
Mitglied seit Sep 12, 2015
1948 Posts
Nov 13, 2018 at 13:31
Mitglied seit Sep 12, 2015
1948 Posts
Euro getting a bit of a boost today against the Dollar, rumor of a deal might be helping it plus NA traders back in today, we have a long from 1.12189 yesterday.
"They mistook leverage with genius".
Mitglied seit Oct 26, 2018
10 Posts
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