EUR/USD
Membre depuis Sep 06, 2013
posts 137
Jun 13, 2016 at 12:50
SHORT TERM EUR - Could go Either way. We were expecting Inflation Forecasts to grow and were disappointed as the effects from the previous QE extensions are yet to be seen. From an economic view point its weak.
LONG TERM EUR - We are NOWHERE NEAR the inflation targets and Britain may leave. Its WEAK.
SHORT TERM USD - Weak - Rate hikes are being Delayed due to slow labor as well as Brexit concerns... until the Brexit vote is done this will stay the same.
LONG TERM USD - Stronger, the next move is a hike.....
Putting that together makes for a VERY uncertain pair in the EURUSD
LONG TERM EUR - We are NOWHERE NEAR the inflation targets and Britain may leave. Its WEAK.
SHORT TERM USD - Weak - Rate hikes are being Delayed due to slow labor as well as Brexit concerns... until the Brexit vote is done this will stay the same.
LONG TERM USD - Stronger, the next move is a hike.....
Putting that together makes for a VERY uncertain pair in the EURUSD
HOLY GRAIL: Fundamental Analysis to chose your pairs/direction, Technical Entry/SL/TP for consistent Management of those decisions
Membre depuis Jul 10, 2014
posts 1117
Jun 13, 2016 at 18:05
The relatively tight range visible on the weekly time-frame continues, unfortunately. Let's hope the UK referendum will put an end to it eventually.
Jun 13, 2016 at 23:23
victoriajensen posted:
The relatively tight range visible on the weekly time-frame continues, unfortunately. Let's hope the UK referendum will put an end to it eventually.
True, the pair is struggling to make any significant movement, consolidation could possibly continue before the Fed and the Brexit.
Jun 14, 2016 at 04:50
The single currency was trading elevated against the US Dollar on Monday. The session started at 1.1250, the pair broke the resistance at 1.1286 and the session closed at 1.1290. Next bulls target is the resistance located ta 1.1450. Support is now located at 1.1286.
Jun 14, 2016 at 07:41
The price is below the middle line of Bollinger bands borders, below 5 EMA and EMA 13. RSI turns up. Stochastics come out of the oversold zone. MACD is below zero and demonstrates attenuation loss. Indicators confirm each other. I would sell the pair to rise from 1.1280-1.1300 with the prospect of its fall to 1.1140.
Membre depuis Jul 10, 2014
posts 1117
Jun 14, 2016 at 16:34
EUR/USD is back to testing 1.1200. A breakout below that level will lead to a further drop to 1.1140 - 1.1130.
Membre depuis Oct 11, 2013
posts 775
Jun 15, 2016 at 03:37
The EURUSD stops momentarily around the 1.1200 level and the 200 day EMA, but the bearish momentum seems to stay in place, therefore the pair may try to drop some more and visit the 1.1100 zone.
Jun 15, 2016 at 04:47
On Tuesday, the single currency recorded a significant loss against the US dollar. The session started at 1.1290 and closed 86 pips lower. After steady downtrend the pair broke through the first support at 1.1286. Next support is located at 1.1100 and the resitance now is located at 1.1286.
Membre depuis Jul 10, 2014
posts 1117
Jun 15, 2016 at 16:23
EUR/USD has risen with only about 40 pips all day because everyone are waiting for the FOMC statement which is coming out in less than two hours.
Jun 15, 2016 at 22:36
victoriajensen posted:
EUR/USD has risen with only about 40 pips all day because everyone are waiting for the FOMC statement which is coming out in less than two hours.
The pair has been rejected from 1.13 level despite Fed decision to stay on hold at its June meeting and back to it's usual range.
