EUR/USD
forex_trader_29148
Member Since Feb 11, 2011
1916 posts
Jan 13, 2015 at 23:30
(edited Jan 13, 2015 at 23:30)
too early...indies say no
forex_trader_29148
Member Since Feb 11, 2011
1916 posts
Jan 13, 2015 at 23:35
(edited Jan 13, 2015 at 23:44)
i think it might be a big drama i the pair dont come up again soon could reach 1.14 and 1.07
it could be called called 'stairways to hell '
i think the euro countries will start bying derivitives aslo called printing money like my country did so well since the last market crash ,
only my 2 cents
it could be called called 'stairways to hell '
i think the euro countries will start bying derivitives aslo called printing money like my country did so well since the last market crash ,
only my 2 cents
Member Since Apr 08, 2014
1141 posts
Jan 14, 2015 at 09:46
EURUSD fell on yesterday session reaching a new low at 1.1752 but has ultimately failed there again and has since rallied back toward 1.18 handle. This comes after the pair found strong selling at its 10-day moving yesterday. Looking at a technically sound downtrend, though momentum has slowed and this is evident in the form of the mostly sideways channel we have seen since January 7th. This is the most consolidation we have seen since the rally toward 1.26 in mid-December, increasing the odds that we could see a more substantial bullish correction here toward 1.20 or, at least, more sideways consolidation.
"I trade to make money not to be right."
Jan 14, 2015 at 16:13
EUR/USD fell on reaching the resistance area of 1.1836 (R1), but the drop stopped at 1.1729 (S1) level.
The positive divergence between RSI and price action calls for caution.
The macro trend continues descendent.
R3 - 1.19428
R2 - 1.19009
R1 - 1.18360
Daily Std. Pivot - 1.17941
S1 - 1.17292
S2 - 1.16224
S3 - 1.16224
https://bewayopa.wordpress.com/
The positive divergence between RSI and price action calls for caution.
The macro trend continues descendent.
R3 - 1.19428
R2 - 1.19009
R1 - 1.18360
Daily Std. Pivot - 1.17941
S1 - 1.17292
S2 - 1.16224
S3 - 1.16224
https://bewayopa.wordpress.com/
Member Since Jul 10, 2014
1117 posts
Jan 14, 2015 at 17:22
EUR/USD did make a new low today after breaking below the support at 1.1750, but bounced back immediately afterwards. It looks like range continues and we will have to wait a bit more before the bearish trend continues on its way down.
Member Since Jun 08, 2014
454 posts
Jan 14, 2015 at 19:24
market keep showing indecisive hammer or doji day after day but fail to show signs of reversal. today price broke under 1.1750 and price bounced back forming a doji. I am waiting for the close of today
Jan 14, 2015 at 20:55
bewayopa posted:
EUR/USD fell on reaching the resistance area of 1.1836 (R1), but the drop stopped at 1.1729 (S1) level.
The positive divergence between RSI and price action calls for caution.
The macro trend continues descendent.
R3 - 1.19428
R2 - 1.19009
R1 - 1.18360
Daily Std. Pivot - 1.17941
S1 - 1.17292
S2 - 1.16224
S3 - 1.16224
https://bewayopa.wordpress.com/
Great analysis, thank you.
Member Since Apr 08, 2014
1141 posts
Jan 15, 2015 at 09:41
EURUSD fell during yesterday session making fresh lows at 1.1726 and close slightly in the green near the open of the day creating a long-legged doji. Stochastic is showing an oversold market setting higher lows and price is making lower lows, signs that the downside may begin to get exhausted. We might see the pair in a choppy sideways action between now and ECB monetary policy meeting on the 22 of January.
"I trade to make money not to be right."
Jan 15, 2015 at 14:16
EUR / USD fell on Wednesday, but stopped on the support zone at 1.1726 (S1) and recovered after the drop in US retail sales for December to be the highest since January 2014.
Then the pair hit the resistance slightly below our line of 1.1846 (R1) and moved downwards to negotiate more or less unchanged. Continues the positive divergence between the RSI and the price action.
The MACD is still negative.
R3 - 1.19655
R2 - 1.19057
R1 - 1.18462
Daily Std. Pivot - 1.17864
S1 - 1.17269
S2 - 1.16671
S3 - 1.16076
https://bewayopa.wordpress.com/
Then the pair hit the resistance slightly below our line of 1.1846 (R1) and moved downwards to negotiate more or less unchanged. Continues the positive divergence between the RSI and the price action.
The MACD is still negative.
R3 - 1.19655
R2 - 1.19057
R1 - 1.18462
Daily Std. Pivot - 1.17864
S1 - 1.17269
S2 - 1.16671
S3 - 1.16076
https://bewayopa.wordpress.com/
forex_trader_29148
Member Since Feb 11, 2011
1916 posts
Jan 15, 2015 at 16:50
(edited Jan 15, 2015 at 16:51)
hey pseudo expert stop telling what happened and try to predict what will happen
Member Since Nov 11, 2012
271 posts
Jan 15, 2015 at 17:50
rob559 posted:
hey pseudo expert stop telling what happened and try to predict what will happen
Thats what analysts do....meaningless...LOL
antariks1@
forex_trader_29148
Member Since Feb 11, 2011
1916 posts
Jan 15, 2015 at 18:06
analyst tell the past ho ho.lol.this is not the past that traders need to know...
Member Since Jun 08, 2014
454 posts
Jan 15, 2015 at 18:15
price broke the support of 1.1750 and fell almost 200 pips. good that I was waiting for selling under the support
Member Since Jul 10, 2014
1117 posts
Jan 15, 2015 at 20:29
I thought that range would last longer but EUR/USD dropped to 1.1567, forming a new historic low - the pair hasn't dropped this much since 2003. While at this point I have little doubt that the pair will likely reach parity, I do have to wonder, however, how much lower can it drop before a more long-term correction begins?
Member Since Nov 12, 2010
178 posts
Jan 16, 2015 at 08:19
I don't know about the rest of you, but I expect further selling on EURUSD and currently have positions open ready for drops to 1.14. At the current rate of dropping, I expect 1.14 to be hit within the week. Very hesitant to Buy the Euro right now until a multiple penny correction takes place to show the true bottom.
See my profile or message me for my latest EA
Member Since Apr 08, 2014
1141 posts
Jan 16, 2015 at 09:48
EURUSD fell hard and fast during the course of yesterday session and as a result we are well below the 1.17 handle. The Swiss National Bank in an unscheduled announcement ended the currency peg that it had been holding onto at the 1.20 level in the EURCHF, putting significant downward pressure on the Euro in general.
"I trade to make money not to be right."
