EURUSD | Page 45654 | 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

  • #913,061
  • Jul 29, 2014 8:25pm Jul 29, 2014 8:25pm
Quoting FXSayWhat
{quote} EU was struggling at its 1.3600 for more than 6 weeks and UJ was between its 101 and 103 for over 21 weeks, most the 1H> indictors were turned into garbage. So what broke the ice? It was the ECB rate cut that broke the EU 1.3600 support. Later EU again had trouble breaking 1.3470 – 1.3500 zone, what broke it? 1. ECB monetary policy 2. USD yield 3. US Manufacturing at its 4-year peak 4. 8-year low jobless 5. And today consumer confident at it 7-year high. 2-7 are all pointing to a solid QE exit in Oct. and possibly a earlier USD rate hike...
I identify with this approach, especially with respect to EUR/USD. The ECB is easing, with several sectors of the Eurozone remaining in substantial economic trouble (e.g., Spain, with an unemployment rate of 24.5%). In contrast, the Fed is tightening, with the end of QE on the horizon and rate hikes likely to follow at some point in 2015. There naturally may be little bumps in the road, at which dollar strength (and the precise timing of any Fed rate hike) come into question, but the overall picture is one of waxing dollar, and waning Euro strength for at least the next quarter or so and possibly longer as the ECB wades through an arsenal of stimulus measures, attempts a few, watches the Eurozone's response to them, and then adjusts its policy accordingly. In my mind, the ECB sat on its hands for far too long, and its rate cut is only the first of many measures it should undertake (and should have taken long ago) to return the Eurozone to some semblance of economic normalcy.
Fireworks are fun ... as long as you don't blow your fingers off.
  • #913,062
  • Jul 29, 2014 8:37pm Jul 29, 2014 8:37pm
The dollar traded unchanged against its G10 peers during Tuesday
Want to learn more: HTO Trading
  • #913,063
  • Jul 29, 2014 9:44pm Jul 29, 2014 9:44pm
attila membership revoked?
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #913,064
  • Jul 29, 2014 10:10pm Jul 29, 2014 10:10pm
a big day ahead of us interest rate
  • #913,065
  • Jul 29, 2014 10:17pm Jul 29, 2014 10:17pm
Probable long entry later on.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 03.png Size: 46 KB
Elliott Wave for optimum entry, exit and risk management of trades
  • #913,066
  • Jul 29, 2014 10:29pm Jul 29, 2014 10:29pm
Quoting skyhok
Probable long entry later on. {image}
i hope so ...its been so gloomy for euro to just fall fall fall against the us dollar
  • #913,067
  • Jul 29, 2014 10:43pm Jul 29, 2014 10:43pm
what a blockbuster US session today. 3 imp data one after another. this is the day for US dollar more important than NFP.
  • #913,068
  • Edited Jul 30, 2014 11:06am Jul 29, 2014 11:33pm | Edited Jul 30, 2014 11:06am
Good Morning !

Today's S/R Levels on MT4 Templates

EURO
CABLE
AUDUSD
USDJPY
EURGBP
S&P 500
GOLD

http://www.forexfactory.com/showthre...25#post7638825
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #913,069
  • Jul 29, 2014 11:35pm Jul 29, 2014 11:35pm
what if Fed surprises us with interest rate hike today, it happened in the past so its not impossible to happen this time without pre-hints, the EUR/USD will again be back to the 1.38 level ... more interesting what will happen to the stocks ... down down down
  • #913,070
  • Jul 29, 2014 11:36pm Jul 29, 2014 11:36pm
what you expected guys for ADP Non-Farm Employment Change data on eurusd pair ?
  • #913,071
  • Jul 29, 2014 11:42pm Jul 29, 2014 11:42pm
Quoting fahadzaman66
what you expected guys for ADP Non-Farm Employment Change data on eurusd pair ?
Since all the stats are made up...its unpredictable. Market reaction, too. Well, for us...there are people who know exact numbers being hit by tomorrow, I bet.
Everyone can see the chart, but only a few can actually read it.
  • #913,072
  • Jul 29, 2014 11:44pm Jul 29, 2014 11:44pm
Quoting OnlineAddict
{quote} Since all the stats are made up...its unpredictable. Market reaction, too. Well, for us...there are people who know exact numbers being hit by tomorrow, I bet.
but what you expected this data will good impect on eurusd as for as i know this is very important data for Dollar
  • #913,073
  • Jul 30, 2014 12:08am Jul 30, 2014 12:08am
Quoting mrapple
what if Fed surprises us with interest rate hike today, it happened in the past so its not impossible to happen this time without pre-hints, the EUR/USD will again be back to the 1.38 level ... more interesting what will happen to the stocks ... down down down
We are way far away from Interest rate hike.
Feds are not stupid.In order to raise rates we must have economy growing over 2% in positive numbers and unemployment 6 or better.
Despite of positive spin latest USD numbers were negative.
By the way if US raises rates its negative for Euro. It will go down 1.30 and below not 1.38

http://www.reuters.com/article/2014/...0FS1P520140723
IMF cuts U.S. 2014 growth forecast to 1.7 percent

"It added that the U.S. Federal Reserve could keep its benchmark interest rates at zero beyond the middle of 2015, the date implied by policymaker forecasts, as long as inflation and financial stability concerns remain subdued. "

I am selling USD in 6 positions
In trading, you have to be defensive and aggressive at the same time
  • #913,074
  • Jul 30, 2014 12:10am Jul 30, 2014 12:10am
Here is my only position for the day. A long of 2.00 on EUR/USD. A sl will be a close under the 50 fib level on my chart on the 1hr chart.
Attached Image
Banks scalp, why don't you?
  • #913,075
  • Jul 30, 2014 12:13am Jul 30, 2014 12:13am
Quoting mrapple
what if Fed surprises us with interest rate hike today, it happened in the past so its not impossible to happen this time without pre-hints, the EUR/USD will again be back to the 1.38 level ... more interesting what will happen to the stocks ... down down down
I really hope you still on demo mate..
Good luck!
That which does not kill us makes us stronger
  • #913,076
  • Jul 30, 2014 12:16am Jul 30, 2014 12:16am
Here is the kicker
Feds already said QE is over in October however...

http://www.cbsnews.com/news/is-the-u...back-on-track/
"The FOMC will continue to gradually reduce its asset purchases at the subsequent two meetings, wrapping up in November 2014," predicted economists with PNC Financial Services Group.
But a second straight disappointing quarter of growth could force the Fed to reconsider its timetable for removing stimulus from the economy."
In trading, you have to be defensive and aggressive at the same time
  • #913,077
  • Jul 30, 2014 12:20am Jul 30, 2014 12:20am
Quoting sherifFares
a big day ahead of us interest rate
its not interest rate news!! Read the calendar please
In trading, you have to be defensive and aggressive at the same time
  • #913,078
  • Jul 30, 2014 12:21am Jul 30, 2014 12:21am
The question I like to know is
How much "good news" is already priced in.Based on sell off it looks like price is already factored in.
Perhaps much like recent New Zealand dollar slide.
In trading, you have to be defensive and aggressive at the same time
  • #913,079
  • Jul 30, 2014 12:50am Jul 30, 2014 12:50am
Quoting Davit
The question I like to know is How much "good news" is already priced in.Based on sell off it looks like price is already factored in. Perhaps much like recent New Zealand dollar slide.
Do you trade nzd/usd? Whay your opinion about it? Will it go to .87xx level? Thanks
  • #913,080
  • Jul 30, 2014 12:53am Jul 30, 2014 12:53am
Quoting Corral
{quote} Do you trade nzd/usd? Whay your opinion about it? Will it go to .87xx level? Thanks
No not in next Quarter for sure. Dairy,Logging 30% of NZ economy is in decline. Milk forecast is down 6 from high 8
Despite of it I am buying it against the Aussie dollar in 6 positions since I think it has better fighting chance there and also in extreme levels now.
In trading, you have to be defensive and aggressive at the same time
407 traders viewing now, 1 is registered:
Yaruki