EUR/USD
Miembro desde Apr 14, 2014
posts 230
Dec 04, 2014 at 23:55
sherifFares posted:victoriajensen posted:
The ECB rate decision certainly had an effect but it was not the effect I was hoping for. Still, despite the movement to the upside I don't believe that the bearish trend is over yet. I still think that the EUR/USD pair will reach target 1.22 sooner or later.
there are no indicators say that the bearish trend has ended. the ECB conference was rather weak It will not help on the long run. tomorrow's american Non-farm payroll will easily crush the Euro.
I agree, today we traded as low as 1.228, let's see what NFP tomorrow would offer us.
Miembro desde Oct 11, 2013
posts 775
Dec 05, 2014 at 00:33
Will the EURUSD pullback? The pair may lose some momentum before the NFP data comes out, so it would be better to stay on the sidelines.
Miembro desde Nov 11, 2012
posts 271
Dec 05, 2014 at 05:52
The short trade from 1.2506 to 1.2357 made some nice pips. The long from 1.2357 again was bit shaky so closed the trade with break even. Now again short from 1.2370 and will wait to go short again from 1.2418. Hopefully today's NFP will create some nice volatility to fill me in.
antariks1@
Miembro desde Apr 08, 2014
posts 1141
Dec 05, 2014 at 09:52
EURUSD tried to rally during most of the day yesterday, but struggled to stay above the 10-day moving average and the pair gave up about half of the gains considering that the non-farm payroll numbers are release today. Most traders will be willing to get out of the market at the end of the day, as the volatility should pick up this morning. So rallies all the way up to the 1.2577 level will offer selling opportunities.
"I trade to make money not to be right."
Miembro desde Dec 04, 2014
posts 2
Dec 05, 2014 at 11:48
I still see the 4 year funnel holding up but it breaks to the downside the question will be like limbo with "how long can it go".
Miembro desde Jul 10, 2014
posts 1117
Dec 05, 2014 at 15:20
The non-farm payroll today ruined Draghi's efforts from yesterday and the euro is once again in freefall. The EUR/USD bearish trend continues and the pair will likely reach 1.2200 sometime soon.
Miembro desde Jun 08, 2014
posts 454
Dec 05, 2014 at 20:14
as I said yesterday the non-farm payroll is going to crush the euro. nothing now in front of the pair to test 1.2200.
Dec 05, 2014 at 22:01
EUR / USD rose on Thursday after the ECB President Mr. Draghi have said that the Bank will wait until the next quarter to assess the possible need for additional stimulus measures.
However, the increase in the stopped 1.2455. With the rate below the falling trend line, the short-term picture remains negative and we can only expect to see a downward trend for the EUR / USD.
R3 - 1.24840
R2 - 1.24384
R1 - 1.23619
Daily Std. Pivot - 1.23163
S1 - 1.22398
S2 - 1.21942
S3 - 1.21177
https://bewayopa.wordpress.com/
However, the increase in the stopped 1.2455. With the rate below the falling trend line, the short-term picture remains negative and we can only expect to see a downward trend for the EUR / USD.
R3 - 1.24840
R2 - 1.24384
R1 - 1.23619
Daily Std. Pivot - 1.23163
S1 - 1.22398
S2 - 1.21942
S3 - 1.21177
https://bewayopa.wordpress.com/
Miembro desde Apr 14, 2014
posts 230
Dec 05, 2014 at 22:54
It seems we have the technicals and fundamentals on our side (the bearish side), 1.22 might be hit before the year end.
Miembro desde Jan 28, 2014
posts 41
Dec 06, 2014 at 04:39
pramodwick posted:andryou80 posted:pramodwick posted:1.2
today whatz the taregt euro/usd ??
made new swing low..i hope today pass 1.2350 and heading to 1.2400.
then trend reversal and bearish trend conitinue
now continue trend...
Miembro desde Oct 11, 2013
posts 775
Dec 06, 2014 at 04:58
The EURUSD could keep dropping next week. The fundamentals keep supporting a higher Dollar.
Dec 06, 2014 at 05:51
NOW THE NEW DATA IN EURUSD MAKE NO MORE COMMENTS , UP MOVE ABOVE 1.247 FOR ONE DAY THEN GET DOWN .
UP MOVE IS VITAL TO CONTINUE AS EURO MAKE SO MUCH DOWN WITHOUT ANY CORRECTION AND THE POWER OF DOWN BECOME LESS AS THE WAVES BECOME MORE AT 4 HOUR CHART TECHNICALLY.
FOR LONG RUN EURO IS GOING DOWN , BUT SHORT UP FOR WEEK OR LESS THE CONTINUE
UP MOVE IS VITAL TO CONTINUE AS EURO MAKE SO MUCH DOWN WITHOUT ANY CORRECTION AND THE POWER OF DOWN BECOME LESS AS THE WAVES BECOME MORE AT 4 HOUR CHART TECHNICALLY.
FOR LONG RUN EURO IS GOING DOWN , BUT SHORT UP FOR WEEK OR LESS THE CONTINUE
Miembro desde Dec 06, 2014
posts 3
Dec 07, 2014 at 07:36
alexforex007 posted:
The EURUSD could keep dropping next week. The fundamentals keep supporting a higher Dollar.
Agreed, the dollar looks stronger for next few months, but I don't see it sustaining in the next 12 months to be perfectly honest. All fundamentals are against a stronger dollar. It's having it's moment in the sun, it's basking, before (what I believe) a true melt-down.
Dec 08, 2014 at 07:34
bewayopa posted:ует
EUR / USD rose on Thursday after the ECB President Mr. Draghi have said that the Bank will wait until the next quarter to assess the possible need for additional stimulus measures.
However, the increase in the stopped 1.2455. With the rate below the falling trend line, the short-term picture remains negative and we can only expect to see a downward trend for the EUR / USD.
R3 - 1.24840
R2 - 1.24384
R1 - 1.23619
Daily Std. Pivot - 1.23163
S1 - 1.22398
S2 - 1.21942
S3 - 1.21177
https://bewayopa.wordpress.com/
nothing is impossible
