EUR/USD
Menjadi Anggota Sejak Apr 08, 2014
1140 postingan
Feb 04, 2015 at 10:55
EURUSD rose during yesterday session to a daily resistance zone at 1.1460. However, this is an area that begins a cluster of resistance up to the 1.1557 level. A break above the 1.1557 could trigger an upward move to 1.1752 the next daily resistance zone.
"I trade to make money not to be right."
Menjadi Anggota Sejak Jul 10, 2014
1114 postingan
Feb 04, 2015 at 14:28
EUR/USD reached the resistance level at 1.1530 and formed a shooting star candlestick right under the resistance in the 4-hour filter chart. I think it will keep dropping until it reaches target 1.1370 and then the range from the past week will resume. That said, I am curious to see what effect the US Non-farm Payrolls will have on the pair on Friday.
forex_trader_202879
Menjadi Anggota Sejak Aug 07, 2014
378 postingan
Feb 04, 2015 at 14:51
It would appear that EU will stay flat here before the news is released. Most people have entered back into a sell position which is clear a trap for all of those who lack the ability of reading price action. Your best position would be to BUY EU once the BID closes across the price of 1.14614 on the 5m chart. If you are still holding a sell after that price is engulfed then you will feel the wrath of the bull's price action.
Menjadi Anggota Sejak Jun 08, 2014
454 postingan
Feb 04, 2015 at 20:22
price keep bouncing from the support and the resistance it's going to be like this until the non-farm payroll.
Menjadi Anggota Sejak Jun 08, 2014
413 postingan
Feb 04, 2015 at 21:35
Maybe you are right Sherif, i will keep an eye on it, thank you.
Menjadi Anggota Sejak Nov 21, 2011
1601 postingan
Feb 04, 2015 at 21:36
Price Action or Pullback?... back to basics
Lampiran:
Menjadi Anggota Sejak Apr 14, 2014
230 postingan
Feb 04, 2015 at 22:36
The Greek-related headlines just knock down the Euro over 70 pips, however, that the ECB's ELA program (Emergency Lending) for Greek NB was renewed, which means that liquidity will not be cut off.
Menjadi Anggota Sejak Apr 09, 2014
832 postingan
Feb 04, 2015 at 23:24
According to official press ELA will not be done by ECB.
Menjadi Anggota Sejak Nov 12, 2010
160 postingan
Feb 05, 2015 at 01:15
1.13 is providing support but I believe that we will break through it overnight and head to 1.12. Long term, parity is still in view. Within the month I expect 1.09-1.10 being hit
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Menjadi Anggota Sejak Jun 07, 2011
372 postingan
Feb 05, 2015 at 07:31
EUR/USD raced higher on Tuesday, breaking above the near-term downtrend line.
Yesterday’s rally confirmed the upside corrective move we expected.
At the daily chart, we see that the price suggests a downtrend.
EUR/USD is printing lower peaks and lower troughs below both the 50- and the 200-day moving averages.
The 14-day RSI edged higher after exiting its oversold territory, and MACD moved above its trigger line.
R3 - 1.16008
R2 - 1.15424
R1 - 1.14317
Daily Std. Pivot - 1.13733
S1 - 1.12626
S2 - 1.12042
S3 - 1.10935
Yesterday’s rally confirmed the upside corrective move we expected.
At the daily chart, we see that the price suggests a downtrend.
EUR/USD is printing lower peaks and lower troughs below both the 50- and the 200-day moving averages.
The 14-day RSI edged higher after exiting its oversold territory, and MACD moved above its trigger line.
R3 - 1.16008
R2 - 1.15424
R1 - 1.14317
Daily Std. Pivot - 1.13733
S1 - 1.12626
S2 - 1.12042
S3 - 1.10935
Menjadi Anggota Sejak Nov 12, 2010
160 postingan
Feb 05, 2015 at 08:15
1.14 wasn't able to be broken, Opened a sell position at both 1.138 and 1.139. Still expecting to go below 1.13 today
See my profile or message me for my latest EA
Menjadi Anggota Sejak Apr 08, 2014
1140 postingan
Feb 05, 2015 at 11:03
EURUSD fell during the course of yesterday session after reaching a daily resistance. The pair is still trading above the 10-day moving average and should stay in range bound trading until Friday waiting for the NFP data.
"I trade to make money not to be right."
Menjadi Anggota Sejak Jul 10, 2014
1114 postingan
Feb 05, 2015 at 17:00
honeill posted:
EURUSD fell during the course of yesterday session after reaching a daily resistance. The pair is still trading above the 10-day moving average and should stay in range bound trading until Friday waiting for the NFP data.
I agree, the pair is still testing the resistance at 1.1470, but it is unlikely to break above it before the Non-Farm Payrolls tomorrow.
Menjadi Anggota Sejak Apr 09, 2014
832 postingan
Feb 05, 2015 at 17:21
victoriajensen posted:honeill posted:
EURUSD fell during the course of yesterday session after reaching a daily resistance. The pair is still trading above the 10-day moving average and should stay in range bound trading until Friday waiting for the NFP data.
I agree, the pair is still testing the resistance at 1.1470, but it is unlikely to break above it before the Non-Farm Payrolls tomorrow.
I guess you are right, I don't think we will have any breakout today.
Menjadi Anggota Sejak Jun 08, 2014
454 postingan
Feb 05, 2015 at 19:25
the pair has formed a very good daily support and resistance which keep bouncing between them. breaking either 1.1485 as a resistance or 1.1340 as a support will decide the next move of the pair.
Menjadi Anggota Sejak Jun 08, 2014
413 postingan
Feb 05, 2015 at 21:12
The EUR/USD today was bouncing and i can not guess the next move for tomorrow at all but in general there is a good support above 1.14.
Menjadi Anggota Sejak Apr 14, 2014
230 postingan
Feb 05, 2015 at 22:03
Eur/usd picked up momentum hit new highs of 1.1498 today , which completely recovered yesterday’s fall. And all eyes will turn to the US nonfarm payrolls tomorrow.
Menjadi Anggota Sejak Jun 07, 2011
372 postingan
Feb 06, 2015 at 09:25
EUR / USD fell yesterday.
Remains active recovery scenario.
But the short-term momentum shows weak signals.
The RSI broke below its line up support and sank below its barrier 50.
The MACD rose and moved on its signal line.
R3 - 1.16163
R2 - 1.15502
R1 - 1.14472
Daily Std. Pivot - 1.13811
S1 - 1.12781
S2 - 1.12120
S3 - 1.11090
Remains active recovery scenario.
But the short-term momentum shows weak signals.
The RSI broke below its line up support and sank below its barrier 50.
The MACD rose and moved on its signal line.
R3 - 1.16163
R2 - 1.15502
R1 - 1.14472
Daily Std. Pivot - 1.13811
S1 - 1.12781
S2 - 1.12120
S3 - 1.11090
forex_trader_202879
Menjadi Anggota Sejak Aug 07, 2014
378 postingan
Feb 06, 2015 at 09:25
victoriajensen posted:honeill posted:
EURUSD fell during the course of yesterday session after reaching a daily resistance. The pair is still trading above the 10-day moving average and should stay in range bound trading until Friday waiting for the NFP data.
I agree, the pair is still testing the resistance at 1.1470, but it is unlikely to break above it before the Non-Farm Payrolls tomorrow.
So much for your guess. Stop guessing and trade the price action. It never fails.
forex_trader_202879
Menjadi Anggota Sejak Aug 07, 2014
378 postingan
Feb 06, 2015 at 09:26
bestdarngood posted:
1.13 is providing support but I believe that we will break through it overnight and head to 1.12. Long term, parity is still in view. Within the month I expect 1.09-1.10 being hit
Well we see how good your guessing is. EU is now heading to 1.15 and NFP tomorrow should finish you bias bears off tomorrow.
