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  • EUR/USD Outlook July 16-20

    From forexcrunch.com

    Euro/dollar suffered from another weak week, falling to levels last seen in over 2 years. An important German survey is the highlight this week, as headlines from the debt crisis continue dominating the scene. Here is an outlook for the upcoming events and an updated technical analysis for EUR/USD. While euro-zone finance ministers did make some progress in providing aid for Spain, there is still much to be desired. Legal issues in Germany could delay the usage of bailout funds forever. Spain showed everyone that the bank bailout doesn’t really skip the sovereign, and announced a huge austerity program. However, ... (full story)

  •  Guest
  • | IP XX.XXX.91.182
in my opinoin th eslow down will only start showing in the next few weeks with China's number making the impact on the rest of the world
For me, it seems more logical to trade this pair being bearish on the resistance, because the supports are falling all! Because we no longer have Friday the 13th this year.
please What is the significant of friday hte 13th?
Black Friday
something strange happens without understand why
  •  Guest
  • | IP XXX.XXX.75.232
Quoting olisavictor
please What is the significant of friday hte 13th?
Does the Jason Voorhees name rings a bell for you?
Quoting IberoForex
Black Friday
something strange happens without understand why
Interesting and clearly like so many other fables of trading an intrinsic part of the average trader's psychology ensuring some effect regardless of whether it has a rational basis. Regardless, it would appear that 1.21620 is an important trough and conservatively 1.24069 is now in sight. Of course given the battering of the unit of late many will be slow on uptake - but as always there is trend and there is phase. Sometimes trading the phase (especially if unsure of the trend) pays. Seems like it is incontrovertible that the phase (irrespective of trend) is up (corrective or not).
Oh please... everybody knows there is no such thing as "something strange happens without understand why". It is well known in the financial markets that hedge fund manager Jason Voorhees of Crystal Lake Funds loves to do a killing on Friday the 13th which makes people nervous on that particular day.
  •  Guest
  • | IP XX.XXX.71.114
Nothing was wrong with Friday now, trend is falling quite long time, as Loadedgun said as well 1.2160 is historical potential support, plus trend line resistance was very close to the support and Friday did its work EUR/USD could not go below important support and it broke it falling trend line channel, if you could have been quick enough you could have taken nice quick profit on break out(or you had chance to close shorts on break out and save your money), so I don't see anything strange here, current bounce can take EUR/USD to 1.2400. sorry for my english. Good luck
I just recently started trading but I follow follow the tide and analysis ténica.Eu not walk looking for 10 pips. What had opened below the current share price already closed, for my "poor" analysis 1.2360 seems to me the next level
[quote=Guest;5841949]Does the Jason Voorhees name rings a bell for you?[/quote
sorry i,ve never heard about him. could you please tell me who he is, and why he is so important in the fx market.
What if going back to 1.3 in less than a month?
only if mr. B. bring in us ecconomy his QE3......wee might see 1.3
Quoting Guest
Nothing was wrong with Friday now, trend is falling quite long time, as Loadedgun said as well 1.2160 is historical potential support, plus trend line resistance was very close to the support and Friday did its work EUR/USD could not go below important support and it broke it falling trend line channel, if you could have been quick enough you could have taken nice quick profit on break out(or you had chance to close shorts on break out and save your money), so I don't see anything strange here, current bounce can take EUR/USD to 1.2400. sorry for...
EUR/USD closed at 1.2407 on Friday. Go short on rallies for genuine peace of mind. Good Luck!!!
  •  Guest
  • | IP XXX.XX.59.239
See the gap in May 4th and May 11st, EUR must full fill that gaps
Quoting IberoForex
Black Friday
something strange happens without understand why
love to read it. when you bet right it's your skills, when you bet wrong it's BLack Friday ... LOL
this will be Black Week or even Black Month for you ...
  •  Guest
  • | IP XX.XXX.25.113
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