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Author Topic: EUR/USD  (Read 20936 times)

Offline Neurotic

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Re: EUR/USD
« Reply #60 on: October 24, 2017, 05:22:31 AM »
EUR/USD is my favorite pair as it is quite has very nice liquidity, and hence I like to deal in with it.

Online Eliza Abrams

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Re: EUR/USD
« Reply #61 on: October 24, 2017, 12:47:55 PM »
 The pair has formed both a hammer and an inverted hammer bar on the H4 time frame at 1.1730. I think that is a good indication that the support at that level will hold.

Online reinerh

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Re: EUR/USD
« Reply #62 on: October 24, 2017, 02:50:34 PM »
The pair has formed both a hammer and an inverted hammer bar on the H4 time frame at 1.1730. I think that is a good indication that the support at that level will hold.

ecb meeting might move this puppy this week........ ..........

sure hope it will break out good.

Online Eliza Abrams

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Re: EUR/USD
« Reply #63 on: October 27, 2017, 01:20:13 PM »
EUR/USD broke out below 1.1670 after ECB press conference yesterday and today it continues to depreciate. I wouldn't be surprised if it reaches 1.1500.

Online Eliza Abrams

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Re: EUR/USD
« Reply #64 on: October 31, 2017, 01:52:32 PM »
 EUR/USD is consolidating above 1.1570 for a third day now. A breakout below that support could lead to a drop to 1.1400.

Online reinerh

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Re: EUR/USD
« Reply #65 on: October 31, 2017, 02:23:19 PM »
EUR/USD is consolidating above 1.1570 for a third day now. A breakout below that support could lead to a drop to 1.1400.

with fomc tomorrow i would not rule out the drop.

eu seems pretty much lifeless undecided today thats for sure.

Online Eliza Abrams

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Re: EUR/USD
« Reply #66 on: November 02, 2017, 02:35:42 PM »
EUR/USD is testing 1.1670 again, which is the resistance of the sideways range. Frankly, I doubt there will be a breakout before the NFP, but then again, stranger things have happened.

Offline JuanG

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Re: EUR/USD
« Reply #67 on: November 06, 2017, 03:33:27 AM »
EUR / USD is consolidating above 1.1611 right now. A breakout below that support could lead to a drop to 1.1461. Breakthrough that I foresee this week

Online Eliza Abrams

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Re: EUR/USD
« Reply #68 on: November 06, 2017, 02:47:01 PM »

EUR/USD is testing the support at 1.1570. It may be forming a double bottom at that level and if that is the case we will likely see a new move to the upside.

Offline JuanG

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Re: EUR/USD
« Reply #69 on: November 06, 2017, 09:56:32 PM »
Lets not forget about the inverse head and shoulders model. Its working out for now, but it wont complete its formation if the daily candlestick closes above 1.1660. Ideally, the price will rebound from the LB balance line and close around 1.1630.

Offline Paul.Trafford

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Re: EUR/USD
« Reply #70 on: November 08, 2017, 08:28:41 AM »
On a daily graphic there is a nice Head and Shoulders formed! I believe price will drop down till 1.13 in the next 2-3 weeks.

Online Eliza Abrams

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Re: EUR/USD
« Reply #71 on: November 08, 2017, 03:15:50 PM »
 EUR/USD did break out below the double bottom at 1.1570 but it was only briefly and now it is back above the support. Clearly the sideways consolidation continues.

Online Eliza Abrams

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Re: EUR/USD
« Reply #72 on: November 10, 2017, 02:52:19 PM »
EUR/USD is testing the resistance at 1.1670 yet again - it hasn't been able to break out above it since the sideways consolidation began. Further rally will probably occur if or when there's a breakout above the indicator.

Offline Trunk

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Re: EUR/USD
« Reply #73 on: November 10, 2017, 04:46:04 PM »
I think the discord in upper and lower chambers of congress over tax plan threw Dollar and stocks in suspense. Everybody will either hold on or building short positions, uncertainty was never a bullish foothold for investors

Offline CanadianPsycho

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Re: EUR/USD
« Reply #74 on: November 11, 2017, 02:10:32 PM »
Draghi's speech today was fairly hawkish in my estimation. Gave it a read over and he speaks rather persistently to the present strength of the Euro Banking sector and it's capacity for dealing with bad loans and keeping housing bubbles at bay.

Link for anyone who might be interested. Could give up a bit of a pop up on the EUR/USD tomorrow.

http://www.ecb.europa.eu/press/key/date/2017/html/ecb.sp171107.en.html

 

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