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

  1. doggyfx


    Draghi unlocked upside path for EURUSD, now expecting it to jump to 1.21 this week. Weak NFP should accelerate the timeframe for this case.
    #31     Aug 28, 2017
  2. eurusdzn


    Look at the 122 level on a monthly chart. A barrier with history.
    Drahgi used this area for " whatever it takes" in 2012.
    Lots of liquidity at 122 probably.
    #32     Aug 29, 2017
  3. There's a pullback from 1.2070, let's see how long it will last. So far there's no indication the overall bullish trend is over.
    #33     Aug 30, 2017
  4. EUR/USD also formed a shooting star bar on the daily time-frame at 1.2070, so the correction might end up deeper than expected. I think next target is around 1.1700.
    #34     Aug 31, 2017
  5. The US Non-Farm payrolls were announced earlier today but all they caused was a whipsaw and the tight sideways consolidation continues. It is unlikely it will end before the market closes this week. That said, once it does end there will probably be a new move to the downside.
    #35     Sep 1, 2017
  6. doggyfx


    Very weak report that derailed december hike completely, but dollar still on growth track. Maybe top players have their own view on Fed and US economy?
    #36     Sep 1, 2017
  7. I have no doubt about that.
    Whatever the fundamentals, however, the technical analysis hasn't changed - there is still a shooting star candlestick at 1.2070 on the daily time-frame and that signal for a move to the downside is still valid.
    #37     Sep 2, 2017
  8. doggyfx


    Yeah the feeling grows that euro rally runs out of steam and dollar accumulates long positions near 92.00 before making a reversal.
    #38     Sep 5, 2017
  9. We'll probably have to wait for the fundamentals that week though, the pair is still stuck in a tight consolidation.
    #39     Sep 6, 2017
  10. EUR/USD made another attempt to break out above 1.2070, but so far it has been unsuccessful. The pair might retrace back to the support at 1.1920 or even break out below that level.
    #40     Sep 7, 2017