EUR/USD
Apr 11, 2017 at 07:38
Having failed once again to survive above 1.06 handle, the EUR/USD pair entered a phase of consolidation just below the last, as the US dollar stalled its renewed upside to waver in a tight range just shy of 101 handle.
The pair is trading at 1.0580, down -0.15%, having posted a daily high at 1.0602 and low at 1.0579.
The pair is trading at 1.0580, down -0.15%, having posted a daily high at 1.0602 and low at 1.0579.
Membro Desde Sep 12, 2015
1948 posts
Apr 11, 2017 at 11:11
EUR/USD long 08554, we got the breakout above 060 and almost hit 06200, see some profit taking down to 060 then a possible bounce.
"They mistook leverage with genius".
Membro Desde Sep 12, 2015
1948 posts
Apr 11, 2017 at 12:23
There is a possible resistance at 06280, if we get that far could get more insight at 1.30, I'm holding long till I see something that changes my mind.
"They mistook leverage with genius".
Membro Desde Sep 12, 2015
1948 posts
Apr 11, 2017 at 13:22
No major sell off for now, the trend may well continue slowly, if it breaks 6080 again Ill be going short
"They mistook leverage with genius".
Membro Desde Sep 12, 2015
1948 posts
Apr 11, 2017 at 15:14
EUR/USD trade still holding next resistance 06600, last major spike
"They mistook leverage with genius".
Membro Desde Sep 12, 2015
1948 posts
Apr 12, 2017 at 12:03
Closed out my eur/usd yesterday after 4, I had moved up my stop loss to take max profit on any weakness, right now looking at the trend it has to break 05950 to go lower otherwise the up trend might continue, CAD and Oil news later at 2-2.30GMT.
"They mistook leverage with genius".
Apr 13, 2017 at 06:49
Trump Bump is associated with broad-based US dollar strength and rally in the equities, base metals.
But what we are seeing now is a “different kind of Trump Bump” – Trump’s bearish comments on the US dollar and the dovish talk about the interest rate bumped up EUR/USD/led to broad-based losses in the US dollar.
The 10-year treasury yield fell to a five-month low of 2.22%, thus weighing over the US dollar. The Trump-led sell-off in the US Dollar saw the EUR/USD close well above the 50-DMA level of 1.0656.
Currently, EUR/USD is trading at 1.0669, up +0.04%, having posted a daily high at 1.0677 and low at 1.0660.
TREND INDEX:
Bullish
AVG SELL PRICE:
1.0694
AVG BUY PRICE:
1.0637
To know the stop loss and target price for Forex Pairs visit https://www.mmfsolutions.sg
But what we are seeing now is a “different kind of Trump Bump” – Trump’s bearish comments on the US dollar and the dovish talk about the interest rate bumped up EUR/USD/led to broad-based losses in the US dollar.
The 10-year treasury yield fell to a five-month low of 2.22%, thus weighing over the US dollar. The Trump-led sell-off in the US Dollar saw the EUR/USD close well above the 50-DMA level of 1.0656.
Currently, EUR/USD is trading at 1.0669, up +0.04%, having posted a daily high at 1.0677 and low at 1.0660.
TREND INDEX:
Bullish
AVG SELL PRICE:
1.0694
AVG BUY PRICE:
1.0637
To know the stop loss and target price for Forex Pairs visit https://www.mmfsolutions.sg
Anexos:
Membro Desde Sep 12, 2015
1948 posts
Apr 13, 2017 at 10:46
Was watching eur/usd just mins before the Trump comments, missed the bullish move but managed to pick off 100 points , to risky to hold overnight on the short side with spikes around 10pm, with a sell off at 7am and further sell at London open in my view we could see a round trip back down to 060.
"They mistook leverage with genius".
Membro Desde Sep 12, 2015
1948 posts
Apr 13, 2017 at 11:15
Strong US PPI expected for March which should impact on the dollar would take us lower, Easter holiday traders will be closing out positions early not to get stuck in trades over the weekend.
"They mistook leverage with genius".
Apr 13, 2017 at 12:02
rajib4 posted:
Went for a long an hour back, let's see how it turns out...
https://www.myfxbook.com/files/rajib4/charts/EURUSD_D1_TpBUb5KHXu.png
Good to see my levels are holding very well till now, as given in chart would close the trade once the price is near 1.0720
Green pips to all... 😄
Membro Desde Sep 12, 2015
1948 posts
Apr 13, 2017 at 13:16
"They mistook leverage with genius".
Membro Desde Sep 12, 2015
1948 posts
Apr 18, 2017 at 15:30
rajib4 posted:rajib4 posted:
Went for a long an hour back, let's see how it turns out...
https://www.myfxbook.com/files/rajib4/charts/EURUSD_D1_TpBUb5KHXu.png
Good to see my levels are holding very well till now, as given in chart would close the trade once the price is near 1.0720
Green pips to all... 😄
How's your EUR/USD trade ?:)
"They mistook leverage with genius".
