Eur/usd is range-bound and today FOMC meeting minutes may be able to give direction to this pair. It is hardly tradeable due to unpredictable movements. It really needs some fundamental support

I thought usd will get stronger after shutdown ends but it has lost especially after weaker jobless claims data. It is really surprising as this quick upward move was not expected.

Originally posted by uniquetrader

I thought usd will get stronger after shutdown ends but it has lost especially after weaker jobless claims data. It is really surprising as this quick upward move was not expected.

 

well, if we look at latest fundamentals and technicals, they were in support of bullish trend. Weak initial jobless claims data was major factor to start this uptrend. Shutdown also caused damage to institutions which caused weakeness in usd. Technical traders were also expecting it to go up. 

So they all added up and pushed eur/usd.

Originally posted by ironical

 

Originally posted by uniquetrader

 

I thought usd will get stronger after shutdown ends but it has lost especially after weaker jobless claims data. It is really surprising as this quick upward move was not expected.

 

 

 

well, if we look at latest fundamentals and technicals, they were in support of bullish trend. Weak initial jobless claims data was major factor to start this uptrend. Shutdown also caused damage to institutions which caused weakeness in usd. Technical traders were also expecting it to go up. 

So they all added up and pushed eur/usd.

Surprising factor is no effect of end of shutdown. You r right that technically it was supposed to go up but I thought that end of shutdown news may take it down but it only happened for very short time and pair continued uptrend.

Eur/usd is not predictable at the moment.

I seriously do not understand this.

Why eur/usd went down yesterday? How usd strengthened itself even though economical data is worse than expected. 

Just one word = Untradeable.

Weaker U.S data caused 50pip gain in eur/usd. Eur/usd is still trading sideways. 

I am still waiting for breakout. 

Hey guys, im sure you know, but in case you dont have you seen the news today? bit.ly/17Hezdt USD is weakening...so since this thread is about EUR/USD its a good time to sell, no?

 

Trade Forex Online on Tuesday:

Today (19-11-2013) I traded EURUSD, I entered the market when the price was 1.35159.I checked the Stochastic Oscillator, the CCI 50 and the candles and were showing a downward trend.when the price reached the take profit order the position was closed and I have made 121.00 pips by tradingForex online.

:O im cmopletely missed this! would have been such a great opportunity! im really kicking my self for not bring on here yesterday now, maybe then i would have heard. 
 

Today (20-11-2013) I traded EUR/USD, I entered the market when the price was 1.35422.I checked the Stochastic Oscillator, the CCI 50 and the candles and were showing a downward trend. When the price reached 1.35343, closing by manually and I have made 79.00 pips by trading Forex online

 IF I WOULD´VE WAITED A LITTLE MORE, MY PROFITS WOULD BE OVER THE 300.000 PINTS