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  • EUR/USD Outlook June 4-8

    From forexcrunch.com

    Euro/dollar had a fifth consecutive week of downfalls as the situation in Spain is deteriorating quickly, “winning” more negative attention than Greece and Italy. The upcoming week at the wake of the new month is quite busy, with a rate decision by the ECB being the highlight. Will the central bank step up to stabilize the situation? Here is an outlook for the upcoming events and an updated technical analysis for EUR/USD. Conditions are also worsening on the other side of the Atlantic: Non-Farm Payrolls came out below the most pessimistic forecast and downwards revisions also soured the mood. Nevertheless, the ... (full story)

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  • Comment #1
  • Quote
  • Jun 3, 2012 12:38pm Jun 3, 2012 12:38pm
  •  palinco
  • | Membership Revoked | Joined May 2012 | 371 Comments
I hope the eu will continue to fall this new week?
 
 
  • Comment #2
  • Quote
  • Jun 3, 2012 1:41pm Jun 3, 2012 1:41pm
  •  Foren
  • | Joined Feb 2012 | Status: Member | 84 Comments
me too. waiting for 1200
 
 
  • Comment #3
  • Quote
  • Jun 3, 2012 2:16pm Jun 3, 2012 2:16pm
  •  mohamed sla7
  • | Joined Apr 2012 | Status: Junior Member | 1 Comment
thank u but i dont think so , i predict up this week
 
 
  • Comment #4
  • Quote
  • Jun 3, 2012 2:18pm Jun 3, 2012 2:18pm
  •  Vectamart
  • | Joined Jan 2012 | Status: Member and Professional Trader | 17 Comments
Quoting Foren
Disliked
me too. waiting for 1200
Ignored
I believe it will, given the increasing levels of negative news coming out of Greece and Spain, not to mention Portugal and Italy.

I believe that the rally in EUR-USD following the disappointing US jobs report on Friday will be short-lived and we will see a price fall to below 1.2350 by mid-week. Of course, the bank holidays on Monday & Tuesday here in the UK may delay things a little.
 
 
  • Comment #5
  • Quote
  • Jun 3, 2012 3:38pm Jun 3, 2012 3:38pm
  •  Kis Zoltan
  • | Joined Oct 2011 | Status: Member | 448 Comments
too much of shorts....
 
 
  • Comment #6
  • Quote
  • Jun 3, 2012 6:09pm Jun 3, 2012 6:09pm
  •  Dr. forex
  • | Joined May 2011 | Status: Member | 697 Comments
Too much idiots here
 
 
  • Comment #7
  • Quote
  • Jun 3, 2012 7:37pm Jun 3, 2012 7:37pm
  •  Jayakatwang
  • | Commercial Member | Joined May 2012 | 92 Comments
Quoting palinco
Disliked
I hope the eu will continue to fall this new week?
Ignored
agree,
but i think eur will go up first about 60 to 90 pip from open price today
 
 
  • Comment #8
  • Quote
  • Jun 3, 2012 8:11pm Jun 3, 2012 8:11pm
  •  siewhf
  • | Joined Jul 2008 | Status: Member | 123 Comments
It will drop below 1.20.
 
 
  • Comment #9
  • Quote
  • Jun 3, 2012 8:27pm Jun 3, 2012 8:27pm
  •  Guest
  • | IP XX.XX.177.184
i thought it would go down 1.1860 and touch support on june 1, 2010
 
 
  • Comment #10
  • Quote
  • Jun 4, 2012 12:22am Jun 4, 2012 12:22am
  •  Jayakatwang
  • | Commercial Member | Joined May 2012 | 92 Comments
Quoting mohamed sla7
Disliked
thank u but i dont think so , i predict up this week
Ignored
I think Eurusd will continue in down trend after it reach 60 to 90 pip from open price today with next low at 1.2240 to 1.2114 level
 
 
  • Comment #11
  • Quote
  • Jun 4, 2012 12:58am Jun 4, 2012 12:58am
  •  mashabp
  • | Joined Aug 2011 | Status: Junior Member | 2 Comments
Negative G,S,P & Italy news is a must for the fall down below 1.2240 to 1.2350
 
 
  • Comment #12
  • Quote
  • Jun 4, 2012 7:36am Jun 4, 2012 7:36am
  •  hajeed
  • | Joined Nov 2009 | Status: Member | 176 Comments
Buy euros this week
 
 
  • Comment #13
  • Quote
  • Jun 4, 2012 7:44am Jun 4, 2012 7:44am
  •  hajeed
  • | Joined Nov 2009 | Status: Member | 176 Comments
Quoting siewhf
Disliked
It will drop below 1.20.
Ignored
Not this week.... heard that the UT buy and hold buying position this week since last friday. The week euros aggressively retrace UP.... just buy euros and hold until this friday.... put your fibo retracement. Next week maybe buy or sell... if sell, then it will go to 1.2000. This week only BUY no more SELL...
 
 
  • Comment #14
  • Quote
  • Jun 4, 2012 7:54am Jun 4, 2012 7:54am
  •  Jayakatwang
  • | Commercial Member | Joined May 2012 | 92 Comments
Quoting hajeed
Disliked
Not this week.... heard that the UT buy and hold buying position this week since last friday. The week euros aggressively retrace UP.... just buy euros and hold until this friday.... put your fibo retracement. Next week maybe buy or sell... if sell, then it will go to 1.2000. This week only BUY no more SELL...
Ignored
just see 1 to 3 hours next,,, i think eurusd could go down again
 
 
  • Comment #15
  • Quote
  • Jun 4, 2012 7:56am Jun 4, 2012 7:56am
  •  hajeed
  • | Joined Nov 2009 | Status: Member | 176 Comments
its going UP the trend is finished...
 
 
  • Comment #16
  • Quote
  • Jun 4, 2012 8:11am Jun 4, 2012 8:11am
  •  hajeed
  • | Joined Nov 2009 | Status: Member | 176 Comments
5 min move will build 15 min move
15 to 1 hr
1hr to 4hr
4hr to daily chart
euros/usd is building the UPTREND, look at 5 mins and confidently find the buying entry.... Buy EUROS this WEEK
 
 
  • Comment #17
  • Quote
  • Jun 4, 2012 8:16am Jun 4, 2012 8:16am
  •  hajeed
  • | Joined Nov 2009 | Status: Member | 176 Comments
1hr TF it is INVERTED HEAD and Shoulder.... find Buying EUROS on monday... and hold till friday.....
 
 
  • Comment #18
  • Quote
  • Jun 4, 2012 9:31am Jun 4, 2012 9:31am
  •  sudariyatno
  • | Joined Oct 2011 | Status: Junior Member | 1 Comment
i think euro will be 1:1 with USD..to many month..hihihih
 
 
  • Comment #19
  • Quote
  • Jun 4, 2012 3:58pm Jun 4, 2012 3:58pm
  •  owiesteve
  • | Joined May 2010 | Status: Member | 3 Comments
EURUSD is just setting on the mask for an upward trend but there after it could massive downward trend for the pairs.
So you can continue to buy EU still next week. Happy Pips !!
 
 
  • Comment #20
  • Quote
  • Jun 4, 2012 4:06pm Jun 4, 2012 4:06pm
  •  hajeed
  • | Joined Nov 2009 | Status: Member | 176 Comments
Quoting owiesteve
Disliked
EURUSD is just setting on the mask for an upward trend but there after it could massive downward trend for the pairs.
So you can continue to buy EU still next week. Happy Pips !!
Ignored
The downward could not reach the low of the 1st wave if it is the second wave before the 3rd wave which is very lengthy upward... next couple of weeks
 
 
  • Comment #21
  • Quote
  • Jun 6, 2012 8:03am Jun 6, 2012 8:03am
  •  mrttas
  • | Joined Jun 2012 | Status: Member | 1 Comment
EURUSD can't go anywhere without touching 1.2641 resistance than def. heading below 1.20.
 
 
  • New Comment
  •  Guest
  • | IP XX.XXX.191.46
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  • Story Stats
  • Posted: Jun 3, 2012 10:11am
  • Submitted by:
     Yohay
    Category: Fundamental Analysis
    Comments: 21  /  Views: 5,909
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