EURUSD | Page 45996 | 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

  • #919,901
  • Aug 27, 2014 12:14pm Aug 27, 2014 12:14pm
http://www.bloomberg.com/news/2014-0...onsultant.html

More evidence QE is coming.. this euro move down reminds me of the dollar move when Bernake was first introducing QE... lesson learnt was Don't catch a falling knife
  • #919,902
  • Aug 27, 2014 12:25pm Aug 27, 2014 12:25pm
Players induced the sell with move down. Now they are in up move mode.
  • #919,903
  • Aug 27, 2014 12:36pm Aug 27, 2014 12:36pm
Quoting guernica
Players induced the sell with move down. Now they are in up move mode.
Looks upside push is powerful.
  • #919,904
  • Aug 27, 2014 12:37pm Aug 27, 2014 12:37pm
Quoting SukkimLama
EUR/USD 4hr It seems starting bullish... {image}

Are you kidding???

from the top left to bottom right and you call it bull on a 4H chart???
  • #919,905
  • Aug 27, 2014 12:43pm Aug 27, 2014 12:43pm
Quoting Larseg
{quote} Are you kidding??? from the top left to bottom right and you call it bull on a 4H chart???
Yes, based on TD Line breakout it's bull. Love, peace and harmony
  • #919,906
  • Aug 27, 2014 12:58pm Aug 27, 2014 12:58pm
Someone is taking some money of table after the buzz and before the news.
  • #919,907
  • Aug 27, 2014 1:03pm Aug 27, 2014 1:03pm
Look how the bears protect the last bearish trendline. To the pip.

Attached Image (click to enlarge)
Click to Enlarge Name: eubears.png Size: 27 KB
Everyone can see the chart, but only a few can actually read it.
  • #919,908
  • Aug 27, 2014 1:09pm Aug 27, 2014 1:09pm
Quoting OnlineAddict
Look how the bears protect the last bearish trendline. To the pip. {image}
Huge bearish Divergence on H4 as well.
  • #919,909
  • Aug 27, 2014 1:11pm Aug 27, 2014 1:11pm
Quoting wolve
{quote} Huge bearish Divergence on H4 as well.
Lets wait how the H4 closes, all bulls need is a close above 32, they will need to stay in this range until the last hour, though.
Everyone can see the chart, but only a few can actually read it.
  • #919,910
  • Aug 27, 2014 1:18pm Aug 27, 2014 1:18pm
It looks like this price action is being driven by USDCAD, dollar taking a hit there led to a lift in all pairs.. but euro is weak enough to drift back down again
  • #919,911
  • Aug 27, 2014 1:56pm Aug 27, 2014 1:56pm
I would not short from here although I did a little s scalp earlier, but it was a thing of minutes only.

Might be 1.3220, 1.324x or 1.325x are better places to s for a bigger run

Something on the H4 top is missing up to now, so if you wanna s than scalp only until we see a solid top.
  • #919,912
  • Aug 27, 2014 2:30pm Aug 27, 2014 2:30pm
after looking at this from various angels, and timeframes, i think I will shift my bias back to long. I now think that our 3213 is the center of attention. This is the resistance that keeps EU from going north. Today we already had 50+ pips under the belt when we hit the barrier, a slow moving day without news. One part of me wants 3100, but if we are making a bounce here, we will probably be targeting 3000 after a bounce. Yesterday i was looking at 3150, did not dare put a pending long on it as due to the bearish behaviour. It still didnt hit the lower trendline which is located at 3148, the same level as the 50% extension of the 3699 top to the 3333 consolidation bottom (most likely not that important. ) A weak bullish divergence on daily, 8H 4H and 2H. the 4H and 2H also have bearish continuation divergence, but it is expected as it turns, but indicates that we still need lower from 3200 level before we move up, maybe 3170 ish area or even a retest of the low.
So i will wait for a lower place to lose my shorts, and add some longs again. September usually have more pips than august so it could be a fun ride, and monthly candles can override each other and the trend can remain intact so a higher high for the september monthly candle is workable, as i think a bounce should look for 3450 minimum. Weekly has a gap to fill.. but more powerful if we open gap up sunday.
In my view nothing is confirmed untill we are above 3213 and for the last 40+ tradingdays, and hardly more the two HH days in a row.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH427aug.png Size: 36 KB
I don't even have a cool signature
  • #919,913
  • Aug 27, 2014 2:40pm Aug 27, 2014 2:40pm
Quoting gatorinla
{quote} eu approaching the 3142 norm at 3196... as long as 3214 is unbroken 3142 is valid. . 3204 is one i want to see if closes are hard to achieve above atm. 3213 is also a 3102 # high atm 3188
so far closes below 3204 h up. 3214 still untouched. in the st that still makes 3142 valid, just above 3102 norm. it also makes these closes below a 1/4 level for .8xxxx,, lets see what the day offers in 1.5h. i had 2 entries triggered s 3204 and 3208.. others above untouched up till 3213, what my change with a 3242 touch is a set up for 3095 would develop. it wouldn't contradict 3747 before 3012. it would make that one less likely. that 1/4 level is 3256.. 3204 is 23.6%
those who can, do. those who cant, talk about those who can
  • #919,914
  • Aug 27, 2014 2:53pm Aug 27, 2014 2:53pm
Quoting gatorinla
{quote} 3102 or 3103.5 depending on broker before 4146.9 was the original. after 3739 we were looking for a reversal before 4146.9.. there is also another for 40xx that reverses to 30xx before 40xx.... they void under 2747... see where we r atm.. oh! and they dont exist.
Inserted Video
those who can, do. those who cant, talk about those who can
  • #919,915
  • Aug 27, 2014 3:12pm Aug 27, 2014 3:12pm
Quoting gatorinla
{quote} so far closes below 3204 h up. 3214 still untouched. in the st that still makes 3142 valid, just above 3102 norm.
We touched 3214 this week, at least my 2 brokers show 3214.
Everyone can see the chart, but only a few can actually read it.
  • #919,916
  • Aug 27, 2014 3:12pm Aug 27, 2014 3:12pm
Quoting gatorinla
{quote} so far closes below 3204 h up. 3214 still untouched. in the st that still makes 3142 valid, just above 3102 norm. it also makes these closes below a 1/4 level for .8xxxx,, lets see what the day offers in 1.5h. i had 2 entries triggered s 3204 and 3208.. others above untouched up till 3213, what my change with a 3242 touch is a set up for 3095 would develop. it wouldn't contradict 3747 before 3012. it would make that one less likely. that 1/4 level is 3256.. 3204 is 23.6%

Is very possible the 1.28, 1.27 in the near future..... Can call me sick Puppie I donīt care...
  • #919,917
  • Aug 27, 2014 3:36pm Aug 27, 2014 3:36pm
bulls.............
bears...........

It depends on which time frame you are talking about............
If you look at the daily now...............oh clearly bears are taking the lead and its the nature of the price to take pullbacks to continue again in the same direction so don not look at price action through a needle hole..............bears since 8th of may till now may be it is targeting the area of 1.28 before it turns back............


just thoughts
never mind to my goggle
try to see it with yours..................
atheer1
  • #919,918
  • Edited 4:01pm Aug 27, 2014 3:42pm | Edited 4:01pm
Quoting pedro319
USDCAD Bullish pattern 4 hours chart. Price completed 1.618 extension down but there is still Weekly S1 to touch and from which stops should be placed underneath. Note that daily S3 and WS1 stand in the same place. Look for reversal candle or candlestick pattern to go long. I am targeting 1.1015 for a big short with very small stops. {image}
USDCAD
This setup didn't materialize as we didn't get any reversal candle or candlestick pattern, price plunged into monthly pivot + 1.27 Ext + .447 Ret daily chart, bounced strongly and reversal could happen from here. A green close 4 hours chart is what we want to see after rejection. Target is the same.

EURUSD
I was hoping to see a bullish engulfing and a close higher on the daily chart which didn't happen instead market seems to respect the upper border of a falling wedge on 4 hours chart, until a breakout happens it still looks bearish. (Chart attached).

GBPUSD
Price has reacted to 1.27 ext daily chart but we need a bit more energy and solid daily bullish candle to grant correction.

AUDUSD
Best chances for a good R:R short are around 0.9360 that is Monthly pivot +50% Ret Daily chart +1.618 Ext 4 hours chart.

USDJPY
Same update

Oil Brent
If you want to join this move stops will have to be below 101.15, weekly pattern in progress, if you want to use smaller stops best option is to get in after retracement hourly chart, there has been a few since the beginning of the week. Target 106.82 (it might take a few days).

Copper
Should continue lower and next target is 3.1738 weekly pivot + 50% 4 hours chart.

Gold
Below the weekly pivot and waiting for setup as in weekly research at 1260, like I said nothing wrong with scalping down as long below the mentioned pivot.
Attached Image (click to enlarge)
Click to Enlarge Name: Falling wedge.png Size: 66 KB
We watch the charts from every angle so you don't have to!!
  • #919,919
  • Aug 27, 2014 3:50pm Aug 27, 2014 3:50pm
Quoting atheer1
bulls............. bears........... It depends on which time frame you are talking about............ If you look at the daily now...............oh clearly bears are taking the lead and its the nature of the price to take pullbacks to continue again in the same direction so don not look at price action through a needle hole..............bears since 8th of may till now may be it is targeting the area of 1.28 before it turns back............ just thoughts never mind to my goggle try to see it with yours..................
If you pay attention, on 30-06 was 1.37... so is not necessary 6 months to achieve 1.28
  • #919,920
  • Aug 27, 2014 3:51pm Aug 27, 2014 3:51pm
Looks like eur/$ may have completed at least a very near term bottom (for at least a few days). Note that the up move from the earlier low at 1.3150 to the 1.3210 occurred in 5 waves (see numbering on hourly chart below), suggests that the near term upside is not "complete" and with eventual gains above that 1.3210 high. At this point, the magnitude of such upside (if it does indeed occur) is a question but with the market oversold and approach of the long weekend in the US, such a break higher could trigger a decent bout of short covering (and potentially much more). As often said, larger reversals begin with smaller ones and as discussed earlier, risk is rising for a few weeks of correcting higher. Note that new lows would put this view on hold, though would not expect much downside on such a break.
570 traders viewing now