EUR/USD
Membre depuis Jun 08, 2014
posts 454
Jun 03, 2015 at 18:48
A good day positive ECB conference today and the news that a deal is close for Greece had a huge impact today on the EUR/USD.
Membre depuis Jul 10, 2014
posts 1117
Jun 03, 2015 at 18:55
I think EUR/USD will continue climbing at least until it reaches 1.1440, which is the previous high, and should it break above that resistance the move to the upside will continue until the pair reaches target 1.1570, which is a significant level of resistance too.
Jun 03, 2015 at 23:18
victoriajensen posted:
I think EUR/USD will continue climbing at least until it reaches 1.1440, which is the previous high, and should it break above that resistance the move to the upside will continue until the pair reaches target 1.1570, which is a significant level of resistance too.
Once this pair break above the psychological level 1.1400, almost sure we will see 1.1500 level. Attention now turns to Friday’s Nonfarm payrolls report.
Membre depuis Oct 02, 2014
posts 909
Jun 04, 2015 at 07:26
It is nice to see how fast the euro can recover.
Positivity
Membre depuis Apr 08, 2014
posts 1141
Jun 04, 2015 at 07:56
On yesterday session the EURUSD initially fell but found enough support at 1.1097 to turn around and close near the high of the day, above a daily resistance. These 2 last sharp upward days are suggesting that traders are expecting bad US data on Friday. The next resistances are 1.1391 and 1.1460 to the downside we have the support zone, from 1.1236 down to 1.1097.
"I trade to make money not to be right."
Jun 04, 2015 at 11:54
Within the last two days EUR gained 3.30% against the dollar. The rally of the EUR is limited by the resistance around 1.1290, which the price reached several times during yesterday and today. When crossing this level I think that we may expect testing the top from 15 May at 1.1471.
Membre depuis Apr 28, 2015
posts 19
Jun 04, 2015 at 13:48
awrfx posted:
Hmm, after fast rally from 1.05 to 1.14 i think the price will make a 50% corection and after that will be up trend for a quite long term. 1.09 is the best move for long action.
nice guru 450 pips so far. i buy in at 1.0885. what do you think guru? is it will move highest again?
Membre depuis Jul 10, 2014
posts 1117
Jun 04, 2015 at 14:43
EUR/USD could not break above the resistance at 1.1380 and the pair moved to the downside again. I think it's very likely that consolidation will continue until the US Non-farm Payrolls tomorrow.
Jun 05, 2015 at 07:55
EUR/USD tried to rise higher yesterday, topped at 1.1379 but then collapsed down and closed lower at 1.1237. The outlook is bearish in nearest term testing 1.1180 - 1.1150. Immediate resistance is seen at 1.1285. A clear break below that area could lead price to neutral trade area testing 1.1350 / 80. As seen on the hourly chart, price slipped below the bullish price channel, suggesting a possible bearish signals.
forex_trader_252532
Membre depuis May 27, 2015
posts 10
Jun 05, 2015 at 08:08
forget upside in eu..... eurousd left falling patterns downside.... first target is 1.1186... and key area after kissing 11186 will be 1.1135... any clear break of 1.1135 will be very negative.... and will lead to 1.0993... all in all eu if now below 1.132 and 1.128.. forget upside.. and look for new low in coming months... 1.0 is target this year
Jun 05, 2015 at 08:11
The EURUSD should remain above 1.1275 and thus increase the potential for higher valuations to resistance to 1.1330.
The RSI found support in line and 70 points up, while the MACD is above its zero line and signal area mean that both short-term indicators are in the territory of about purchase. This suggests an acceleration of 'bullish momentum,' but a small retreat is possible before the next ascent.
The RSI found support in line and 70 points up, while the MACD is above its zero line and signal area mean that both short-term indicators are in the territory of about purchase. This suggests an acceleration of 'bullish momentum,' but a small retreat is possible before the next ascent.
forex_trader_252532
Membre depuis May 27, 2015
posts 10
Jun 05, 2015 at 08:11
no.. eurousd left falling pattern at 1.1186 and that it kissed... so key area to watch as per pattern is 1.1135... if that gone that euro towards 1.0993...
Euro also left falling pattern at 1.0993... so now euro completed 1.1186 pattern by kissing.. and it will consolidate... only break of 1.128 an 1.132 will drive euro up... otherwise i see euro bam down to 1.0993.. and towards 1.08... lets see what brings nfp..
Euro also left falling pattern at 1.0993... so now euro completed 1.1186 pattern by kissing.. and it will consolidate... only break of 1.128 an 1.132 will drive euro up... otherwise i see euro bam down to 1.0993.. and towards 1.08... lets see what brings nfp..
Membre depuis Apr 08, 2014
posts 1141
Jun 05, 2015 at 08:17
EURUSD initially rallied on yesterday session but found enough selling pressure near the 1.1391 resistance to give all its gains back and close in the red at the low of the day. It was a typically profit taking day ahead of the high impact fundamental data. Greece already took the IMF offer to delay its 300mln payment and later today we have the US non-farm payrolls.
"I trade to make money not to be right."
Membre depuis Jun 08, 2014
posts 454
Jun 05, 2015 at 17:03
EUR/USD is testing 1.1120 at the moment a break under the support will push the price further down. but in both ways It's weekend and the close of today will determine my position in Monday.
