EURUSD

A hawkish tone about an interest hike was observed in the last FOMC, but they made it clear that they would be ready for an interest hike if employment data were good enough. Unfortunately, emploment data published this week were not good enough, so I believe that expectations about an interest hike will recede after the next FOMC. In my opinion EUR and GBP will get stronger against the greenback next week. GBP, EUR and CHF moves rougly in the same direction against USD.

Ok I give up, this statement isn't even accurate.

Waiting for next week's FOMC spikes

https://charts.mql5.com/7/650/eurusd...ts-limited.png

Nice one m8 .....But let's see you try this on a real account and maybe show us a trade explorer too

P.S. I got stopped out, but I'm up 73% for this month, and I got a live account trade explorer to prove it...unlike you

Published in: EUR USD Forecast
EUR/USD Forecast: technically biased towards 1.1000/50

Fri, Apr 24 2015, 15:52 GMT
http://www.fxstreet.com/analysis/eur...2015/04/24/02/

That could be, I think is a valid analysis, but also you can view it like this:



Who nows...

Yes good one

draw some more lines in there... one will hit for sure

It would be fun for me to watch, how my trades handle the FOMC.

The Rebel

Asian session during Sun-Mon pair will first test 885/895 or depending on opening gap (which can happen during interbank markets) even 920.

So, move can start before actual opening of European session and London pre and should keep close eye on Tokyo open.

Now there is a good chance for decent move.

Nice weekend.

Whats the verdict from once EUR/USD hits 1.100? Are you guys shorting from then or buying for a breakout?

If the possibility of a June Fed hike is diminished after the next FOMC, the greenback will be sold off greatly. That said, it will be relatively strong with the possibility of an interest hike in June still on the table after the FOMC. A June Fed hike will be still in paly with the signs of strong data improvement, especially in employment, and clearly bottomed inflation.

I am of an opinion that the US will not be able to hike interest rates this year due to global economic slowdown. Global stock bubbles give you a false impression of global economy. Even Spanish equities have been doing well with an high unempoyment rate due to QE this year. Many countries including China, Thailand, Korea, Russia, India, Australia, Norway and Sweden have cut interest rates recently. Maintaining the current interest rate in global economic slowdown corresponds to hiking an interest rate in global booming economy.

Damn, I lost a day
I thought it was Friday, but now my computer tells me it = Saturday

I guess that's the result of too many bloody marys and margaritas in the Golden Nugget.

Did anyone know that you can't get salt on your margarita's at the Black Jack table?
I found out yesterday, or today? I lost time sense.
They say you can mark cards with that. I wouldn't know how though...........

Any takers that can give me an answer on this one?

oh seriously this happening every time . this is deja vu . every time when euro drops about 1000 pips . there will be def. a correction about 500 pips that was happened every time after euro dropped blow 1.30 , now every one talking euro will go 1.12 - 1.15 -1.16 seriously! . and people showing bad macro eco. data from US , and good news from euro area .

seriously dude , there is still FED rate hike on table . and just a secound is there any double topped DXY oh that's the way they gonna rape your money with shorting USD pairs !! . that's why we do need analyze fundamentals that saying to short EUR . and for the last thing for who do believe euro area is going to be good and we are gonna see nice macro eco. data from euro area . dude FED after that big QE still did not improved their economy totally . The ECB just started QE it's like a little baby that just started to walk maybe their QE will last more than 2 or 3 years who knows . I do not now what to say . and for your knowledge I did hold euro shorts from 1.16 but I did had a panic on FED meeting when yellen said the rate hike will go slowly and stuff I did closed my shorts , and after that worse NFP I saw the pair just moved like that and started to thing okay the the pair pointed 1.0000 and if there is gonna be a big bounce back it's gonna be when the pair touched 1.0000 !! remember when the USDCHF went blow 1.0000 and touched 0.96xx (01.03.2008) and bounced back about 24.000 pips , I know there is no way to compare EURUSD with USDCHF but It is an example of a pair which is came from 1.70xx to 1.0000 .

ok to sum up for who wants to trade a little bit mid-longer term there is no way for eurusd to go up before touch around 1.0000 maybe we could see the the uptrend after FED first rate hike . but for now till the next FED meeting nothing changed on fundamentals and I will keep my shorts from 1.08xx pointed 1.0000 to take my profits . thanks all for your reading .

From all indications EU is targeting its 1.12xx with extension tail to 1.13xx in the new week. From there we see the leg that would take it down to around 1.02xx or to parity. Keep this as a souvenir and remind me when it happens.

i really like how you are predicting where the price will touch the trend line (to the pip?). LOL.....

EuroUSD is a total confused mess.No trend whatsoever.to add to that FOMC is next week. good luck with you trades.