eur/usd
Originally posted by ChampWell... It is almost out of range and heading towards resistance level of 1.3416.
Jobless claims data will be the key release todays.
I was also expecting jobless claims data to have significant impact but it did nothing. Usd was unable to show any strength against eur after stronger than expected initial jobless claims data.
It has retraced after reaching near 1.3400.
After retracing from 1.3400 on friday, eur/usd continues downtrend.
There is no major economic data release today, so, IMO, bearish trend will continue for the rest of day.
Stick to your rules
After retracing from 1.3234, Eur/usd moved in very narrow range today.
I am still in favor of bears though.
I'm new trader, any help to follow providers
Eur/Usd moved up on U.K data and down on U.S data. Pretty big swings today and now eur/usd is almost from where it started its day.
Bearish sentiments are still strong.
Better than usd home sales data have pulled eur/usd back. A weaker U.S data would have taken it above 1.3500 but I think bearish move will not be much stronger.
Stick to your rules
Nothing special after fed easing. Eur/usd is still bullish even though we saw more than 100 pip drop. But this drop has not changed scenario.
Today PMI data from differen eurozone countries came better than expected and jobless claims data from U.S came weaker than expected but eur was unable to gain any significant strength against usd.
Stick to your rules
Eur/usd has gone near major support level of 1.3298. It has not crossed 1.3300 so technically, it is hard to predict trend at the moment. I will prefer to stay on hold.
Stick to your rules
Fall in eur/usd continues. Eur/usd is moving towards next support zone of 1.3200 to 1.3205. Day traders can enter now to grab some pips but dont forget to us a trailing SL of 15 pips.
Eur/usd is moving downn sharply but I think it wont cross next support level of 1.2994 anytime soon. Current bearish move may take it to minor support level of 1.3068 but below that is highly unlikely.
The good or ill of a man lies within his own will. – Epictetus