EUR/USD

Jun 17, 2012 at 11:03
205,343 Views
9,790 Replies
tommy2308
forex_trader_137597
Member Since Jul 04, 2013   88 posts
Oct 28, 2015 at 10:35
For me right now at 1.1065, has reached apeak before tonight. My two cent a clear sell signal, although I could be wrong
Member Since Jul 10, 2014   1117 posts
Oct 28, 2015 at 10:38
I am not seeing any sell signals here. I think the pair will climb to 1.1090 and likely bounce off of that resistance.
tommy2308
forex_trader_137597
Member Since Jul 04, 2013   88 posts
Oct 28, 2015 at 10:39
COnsider everyboby is waiting for a Dovish FOMC, but most analysts get things wrong, on purpose? I dunno
tommy2308
forex_trader_137597
Member Since Jul 04, 2013   88 posts
Oct 28, 2015 at 10:41
I have seen many times the EURUSD go the wrong way just before big news, And this one could be big, It goes from 1.1020 to 1.1065 just before the start of another wave of what Draghi Started last week
tommy2308
forex_trader_137597
Member Since Jul 04, 2013   88 posts
Oct 28, 2015 at 10:56
BARCLAYS FOR TODAY EUR/USD: We are bearish and look for a move below initial support in the 1.0940 area to open our downside targets near 1.0810. Nearby resistance is in the 1.1105 area.
tommy2308
forex_trader_137597
Member Since Jul 04, 2013   88 posts
Oct 28, 2015 at 12:57
Although Victoria Jensen was right about hitting 1.1090, maybe even higher
WijnHF
forex_trader_278441
Member Since Oct 04, 2015   52 posts
Oct 28, 2015 at 13:38
Top I am short from 1.10800 with 15vol. let's see what happens :)
WijnHF
forex_trader_278441
Member Since Oct 04, 2015   52 posts
Oct 28, 2015 at 13:48
Well, I see it still as pre-FOMC stress ...
The pair will lose ground again when a Dovish result will be presented by the FED.
Where the new fresh TOP will be at the moment is just - wait and see - ...
individual traders seems to have 'stress' and blowing the nice ECB outcome of last week away for now.
I remain short with the goal 1.10002 and lower.
Member Since Jul 10, 2014   1117 posts
Oct 28, 2015 at 13:48
The FOMC statement is coming in a few hours, so I've closed all positions and I'll wait to see what the results will be.
Member Since Sep 12, 2015   1948 posts
Oct 28, 2015 at 13:49
tommy2308 posted:
COnsider everyboby is waiting for a Dovish FOMC, but most analysts get things wrong, on purpose? I dunno[/

Your in a group of ten analysts ,are you going to be the one who disagrees,safer to agree with the crowd.
"They mistook leverage with genius".
Member Since Sep 12, 2015   1948 posts
Oct 28, 2015 at 13:50
Are you using Level 2 WS?
"They mistook leverage with genius".
tommy2308
forex_trader_137597
Member Since Jul 04, 2013   88 posts
Oct 28, 2015 at 14:53
snapdragon1970 posted:
tommy2308 posted:
COnsider everyboby is waiting for a Dovish FOMC, but most analysts get things wrong, on purpose? I dunno[/

Your in a group of ten analysts ,are you going to be the one who disagrees,safer to agree with the crowd.

You are right,
Member Since Jun 08, 2014   454 posts
Oct 28, 2015 at 17:59
In few minutes the FOMC statement will come out, Happy trading everyone.
Member Since Jun 08, 2014   413 posts
Oct 28, 2015 at 19:00
200 pip in one hour, What a drop in the EUR/USD! Testing the 1.0900 support level at the moment.
Member Since Oct 19, 2015   7 posts
Oct 29, 2015 at 07:00
Hi guys!

FOMC definitely surprised the market and caught us off guard! That was as hawkish as it could get in that statement. Hope you guys were on the right side. Sadly our news feed froze up before we could jump in and we missed a good 50 pips of the initial move, but we're still sitting comfortably. :)

Good luck everyone!
AlphaInfinity
WijnHF
forex_trader_278441
Member Since Oct 04, 2015   52 posts
Oct 29, 2015 at 07:00
Congrats ...
It will go further down the coming weeks till next ECB and FOMC meeting in December.
1.08/09 Range is in the picture for sure...
Happy trading all!

Robert
W-Hedge Fund
Member Since Oct 26, 2015   3 posts
Oct 29, 2015 at 07:06
that was one hell of a drop lol got me some pips on this one!! ;)
Member Since Apr 08, 2014   1141 posts
Oct 29, 2015 at 09:32
Yesterday the EURUSD initially rallied but found yet again enough resistance at the 200-day moving average to reverse and closed in the red near the low of the day with a wide range.

Yesterday the US Federal Reserve (Fed) policy makers left the rates unchanged at 0.25% although announced that the economy is still expanding and they will consider tightening policy at their next meeting in December.

The key levels to watch are 1.1097 (Resistance), the 200-day moving average at 1.1079 (resistance), 1.0900 (support) and 1.0819 (Support).
"I trade to make money not to be right."
tommy2308
forex_trader_137597
Member Since Jul 04, 2013   88 posts
Oct 29, 2015 at 09:33
The key 1.0970 support was finally taken out and the clear break led to a sharp drop to 1.0895/00, notes UOB Group.

'The bearish phase that started last Friday is still intact and the weak daily closing yesterday suggests further downward pressure in the coming days,' UOB projects.

'That said, the down-move is clearly oversold now especially on the shorter-term charts and we would suggest taking some profit near the next strong support at 1.0810/15,' UOB advises.
Member Since May 01, 2015   675 posts
Oct 29, 2015 at 11:14
The single currency recorded a sharp decline at the end of the session on Wednesday. Trading started at 1.1045 and finished 119 pips lower after the Fed signaled an increase in key interest rates in December. If the downward trend continues, the euro will move to the first support at 1.0854.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.