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EUR/USD
Membro Desde Apr 08, 2014
1141 posts
Aug 05, 2014 at 08:16
Membro Desde Apr 08, 2014
1141 posts
EURUSD initially fell during yesterday with a very tight range forming an inside day and as a result even if we do see some bullish pressure now, it’s going to have a fight on its hands to get above the 1.35 handle.
"I trade to make money not to be right."
Membro Desde Feb 27, 2011
53 posts
Aug 05, 2014 at 13:45
Membro Desde Jul 22, 2014
36 posts
Abdul2012 posted:
Hi,
I am not tempting to open position for buying eur/usd today cause it seems to me it is going down soon.
Same here | I am already stuck with 2 orders, showing -ve as of now |
Let the ration come back to 1.344 to me |
Forex - Currency Trading is for Living |
Membro Desde Jan 31, 2014
83 posts
forex_trader_178891
Membro Desde Feb 26, 2014
104 posts
Aug 05, 2014 at 18:30
Membro Desde Feb 26, 2014
104 posts
vinabao posted:For long term seem like down trend still , But I want to ride up pass 1.3500 before SHORT .
EURUSD start build strong support for long at 1.3370 level .
expect to go up to 1.3500 soon .
Perfect time to enter LONG .
Good luck .
Membro Desde Nov 11, 2012
271 posts
Aug 06, 2014 at 02:36
Membro Desde Jun 07, 2011
372 posts
Switching back to the bearish trend was the right thing to do as bears once again rallied, pushing the pair to new lows underneath 1.3365.
Bearish is the way, but the risk of a bullish correction has increased with the presence of a bullish RSI divergence on the 4h and daily charts.
Only above 1.3450 do we see the trend as mixed.
Bearish is the way, but the risk of a bullish correction has increased with the presence of a bullish RSI divergence on the 4h and daily charts.
Only above 1.3450 do we see the trend as mixed.
Membro Desde Oct 11, 2013
775 posts
Membro Desde Jun 08, 2014
454 posts
Membro Desde Apr 08, 2014
1141 posts
Aug 06, 2014 at 08:59
Membro Desde Apr 08, 2014
1141 posts
Yesterday the EURUSD took another step lower and printed fresh year to date lows as the greenback strengthened following better-than-expected factory orders and ISM non-manufacturing PMI.
Now the million dollar question: How low can you go?
Now the million dollar question: How low can you go?
"I trade to make money not to be right."
Membro Desde Jun 09, 2014
138 posts
Aug 06, 2014 at 16:34
Membro Desde Jun 07, 2011
372 posts
The EURUSD is at minimum of nine months.
With the weak German data to bring concerns about the recovery of the European Union, the 10-year German Bunds negotiate a positive trend and test highs.
In Italy, industrial production exceeded expectations (0.9% vs. Exp 0.7%).
However, the Italian GDP was much lower than expected (-0.2% vs. Exp 0.1%), causing more pressure on Europe.
With the weak German data to bring concerns about the recovery of the European Union, the 10-year German Bunds negotiate a positive trend and test highs.
In Italy, industrial production exceeded expectations (0.9% vs. Exp 0.7%).
However, the Italian GDP was much lower than expected (-0.2% vs. Exp 0.1%), causing more pressure on Europe.
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