EURUSD | Page 57218 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #1,144,341
  • Oct 6, 2018 2:24pm Oct 6, 2018 2:24pm
Quoting Stillearnin
If unemployment is lowest in 40-50 years whatever, doesn't it makes sense that the nfp numbers are also down? We are probably going to see lower and lower nfp numbers from now on, because of the low unemployment rate...so what? That doesn't mean anything. If unemployment is bad and nfp numbers is bad then it's bad for the economy. I am not a fundamentalist either but isn't this correct?
It could suggest buy usd on the dipped.
So expect a correction to the usd bullish rally.
Upon correction, expect mixed or negative news coming from the counterpart and relatively good news coming from the US which would strengthen the USD during pullback.
This is not investment/trading advise. Will not hold accountable for loss
  • #1,144,342
  • Oct 6, 2018 2:56pm Oct 6, 2018 2:56pm
Quoting yousername
{quote} Same sentiment for next week First target 1570s
Perfect, so after wait the price cross the pivot monthly in 1.16 / 1.165 or do the pullback untill the pivot weekly in 1.153.
Together we can be strongest
Vantage Return This Month: -97.0%
  • #1,144,344
  • Oct 7, 2018 4:02pm Oct 7, 2018 4:02pm
Here's my take on the EURUSD, from the technical perspective of a swing trader.

The EURUSD market has been largely consolidating. The monthly time frame shows a market operating in a descending channel (black). Price action is presently disposed southward in the channel and located at a horizontal support around the 1.15490 area. Given the bearish pinbar formed in that area in September 2018, we may see the market continue southward with bears eyeing the low of the hammer candlestick printed in August 2018.

On the daily time frame, after a period of a southward move between April and early May 2018, price action has been largely in a series of corrective move. Since September, price action has disposed southward. However, the candlesticks printed by price action last week Thursday and Friday were in favour of bulls; although they lacked conviction owing to the shadows on both ends and the fact that they are located around a resistance zone. We may see bears seize the initiative to move price action further southward. The immediate support is around 1.13420

However, the EURUSD is not a pair I would be interested in at the moment as a swing trader. I held a bearish disposition on EURUSD in early September 2018 and had since closed my trade. Unless you have taken a southward disposition since early September, it seems wise to step aside. However, a breakdown of the ascending wedge seen on the weekly time frame on a daily closing basis is likely to give impetus for a bearish continuation.


I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_MN_Oct._7,_2018.png Size: 50 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_D1_Oct._7,_2018.png Size: 46 KB
Do your homework, follow the footprints of smart money
  • #1,144,345
  • Oct 8, 2018 12:12am Oct 8, 2018 12:12am
Inserted Video
  • #1,144,346
  • Oct 8, 2018 12:33am Oct 8, 2018 12:33am
My Intraday Outlook.
(ahead London)

NFP, what NFP?
Intraday rangebound. Xi-Trump at G20 to come..., Italy, Feds nothing...
Slightly bullish. Triangle oscillating the bisecting 1.1515 ...

Intraday resistance :
- 1.1530-35-50
Intraday support :
- 1.1500
- 1.1450-65-80-90

Initial intraday scalping plan:
I'm waiting for the pre-LO zig-zag channel to finish its stop hunt then I'll take the first intraday breakout for my daily few pips.
For more pips you can wait that triangle break.

Have a great trading day, you all!
Attached Image (click to enlarge)
Click to Enlarge Name: temp_2.png Size: 53 KB
Member
  • #1,144,347
  • Oct 8, 2018 1:05am Oct 8, 2018 1:05am
D1 shows we can't stay too long in the 1510 - 1530 sensitive area.
We rather bounce or break South soon...
1450 or 1550 are reasonable first targets if confirmed breakouts.
Attached Image (click to enlarge)
Click to Enlarge Name: ZHART1.png Size: 41 KB
Member
  • #1,144,348
  • Oct 8, 2018 2:47am Oct 8, 2018 2:47am
Quoting TudorIoan
My Intraday Outlook. (ahead London) NFP, what NFP? Intraday rangebound. Xi-Trump at G20 to come..., Italy, Feds nothing... Slightly bullish. Triangle oscillating the bisecting 1.1515 ... Intraday resistance : - 1.1530-35-50 Intraday support : - 1.1500 - 1.1450-65-80-90 Initial intraday scalping plan: I'm waiting for the pre-LO zig-zag channel to finish its stop hunt then I'll take the first intraday breakout for my daily few pips. For more pips you can wait that triangle break. Have a great trading day, you all! {image}
Triangle tested on the lower side, as pound and euro have political issues...
Member
  • #1,144,349
  • Oct 8, 2018 3:31am Oct 8, 2018 3:31am
Quoting TudorIoan
My Intraday Outlook. (ahead London) NFP, what NFP? Intraday rangebound. Xi-Trump at G20 to come..., Italy, Feds nothing... Slightly bullish. Triangle oscillating the bisecting 1.1515 ... Intraday resistance : - 1.1530-35-50 Intraday support : - 1.1500 - 1.1450-65-80-90 Initial intraday scalping plan: I'm waiting for the pre-LO zig-zag channel to finish its stop hunt then I'll take the first intraday breakout for my daily few pips. For more pips you can wait that triangle break. Have a great trading day, you all! {image}
1.1481 seems supportive, for now anyway

edit: forget I said that, lol
A snails pace wins the race :-)
  • #1,144,350
  • Oct 8, 2018 3:36am Oct 8, 2018 3:36am
Quoting JustPipMe
{quote} 1.1481 seems supportive, for now anyway
1450 maybe ... closed short 1505 for 20 pips and out, but I didn't posted. I don't post hinsight trading
Good luck to youu if you're a seller
Member
  • #1,144,351
  • Oct 8, 2018 5:10am Oct 8, 2018 5:10am
The Euro slipped further in the early trading hours of the European session. I'd be looking to go long around 1.14 - 1.1380.
  • #1,144,352
  • Oct 8, 2018 6:20am Oct 8, 2018 6:20am
Quoting palpite
{quote} Wait the golden go between 1192 - 1196. JPY help the USD all the time, this is normal.
Too many days, but now the gold is between 1196 - 1192, let's see what happen ahead.
Together we can be strongest
Vantage Return This Month: -97.0%
  • #1,144,353
  • Oct 8, 2018 6:43am Oct 8, 2018 6:43am
Don't think about 1.135xx or 1.140xx.

Give up please.

  • #1,144,354
  • Oct 8, 2018 6:46am Oct 8, 2018 6:46am
The USD index have rebounded further from last Friday’s post-NFP lows, albeit not uniformly as the safer-havens are bucking the trend, but enough to nudge it back up towards 96.000. Market holidays in Japan and the US ahead (latter only partial) may have exacerbated price action/moves, but it’s certainly been a risk-off return from Golden Week in China and the Italian budget issue continues weigh on investor sentiment. Back to the Dollar, or rather the index, and beyond the big figure last week’s peak was 96.124.

Option expiries of note for today's 15:00 BST:
EUR/USD: 1.1450 (1.5 BLN), 1.1500 (0.252 BLN), 1.1560 (1.0 BLN), 1.1575 (0.429 BLN) and 1.1600 (0.600 BLN).

Still holding my long @ 1.1513 on EUR/USD with a stop @ 1.1442 and with a target @ 1.1700. If it breaks below 1.1442 I will reverse position with a target @ 1.1300.
  • #1,144,355
  • Oct 8, 2018 6:51am Oct 8, 2018 6:51am
Yeah. We can see AU + NZD.......it'll help us for trading EU.

Today we'll see E/U = 1.15750.
  • #1,144,356
  • Oct 8, 2018 7:22am Oct 8, 2018 7:22am
Quoting Vuongmoto
Yeah. We can see AU + NZD.......it'll help us for trading EU. Today we'll see E/U = 1.15750.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #1,144,357
  • Oct 8, 2018 7:29am Oct 8, 2018 7:29am
the odge of S/R
fundamental reason. i start with hedging
Attached Image (click to enlarge)
Click to Enlarge Name: Capture3.JPG Size: 173 KB
Profit growth tells you the trader ability.
  • #1,144,358
  • Oct 8, 2018 7:45am Oct 8, 2018 7:45am
Quoting Almo2312
{quote}



Pass 54 easily.
  • #1,144,359
  • Oct 8, 2018 8:25am Oct 8, 2018 8:25am
This downtrend started before Europe opened. Too late to enter, waiting for a long signal or a pull back. The way things look now, I'm not too optimistic about a decent long trade today. This is my view from M30.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM30.png Size: 56 KB
  • #1,144,360
  • Oct 8, 2018 8:44am Oct 8, 2018 8:44am
Don't sell please.

1.15750.

Going on.
217 traders viewing now, 1 is registered:
ThomasStavr2