Discussion in 'Forex' started by dealmaker, Apr 24, 2017.

  1. The pair is so undecided for the moment that unless the fundamentals give it a necessary push it may not exit the range before the market closes later today.
    #21     Aug 11, 2017
  2. ML whats up ;)

    The Ever Roaming VIPER
    #22     Aug 11, 2017
  3. doggyfx


    Fundamentals have already gave it a push (after US CPI). Now target is 1.20 ahead of the ECB meeting in September where Draghi should announce tapering off.
    #23     Aug 13, 2017
  4. EUR/USD is testing the support at 1.1700 yet again. I think a breakout below that level will lead to another move to the downside toward 1.1600.
    #24     Aug 16, 2017
  5. doggyfx


    Obviously, enough. ECB minutes signaled Euro got high risks to overshoot, with sentiments going ahead of themselves and maybe economy fundamentals. EURUSD gain is a merit of dollar weakening, not improving picture on Euro.
    #25     Aug 17, 2017
  6. It has finally become obvious that EUR/USD is forming a flag on the D1 time frame, an obvious correction to its overall move to the upside. Once that correction ends there will likely be a new move to the upside, and the continuation of the upward trend will be confirmed once the pair breaks out above the high at 1.1909.
    #26     Aug 18, 2017
  7. The correction to the downside may be over, considering the hammer bars the pair has formed on the H4 time-frame at the support at 1.1660. I expect a new move to the upside.
    #27     Aug 21, 2017
  8. A quick reminder that Janet Yellen will have a speech tomorrow at Jackson Hole at the Federal Reserve Bank of Kansas City Economic Symposium and it will likely affect all USD-related pairings, including EUR/USD, which will probably continue its consolidation until then.
    #28     Aug 24, 2017
  9. The sideways consolidation has become very tight because of impending news about Janet Yellen's speech. I have closed all my positions just in case. Good luck to anyone trading the news.
    #29     Aug 25, 2017
  10. EUR/USD has formed a pair of shooting star bars on the H4 time-frame at the last high at 1.1960, so we might see a temporary retracement before the pair continues moving to the upside, as the trend remains very bullish for now.
    #30     Aug 28, 2017