Eurusd - direction for the day

[yuventius bhasyudewo se]

EURUSD successfully broke uptrend but after broke this level pair just only flat movement waiting strong moment to make new downtrend, pair make new low 1.3025 twice and move up slightly and make new high at 1.3295 the highest level because still only one confirmation done so need one more step to ensure that pair success make strong bearish is to break below lower level barrier so sell stop here

[bogy_king]

i thing eur/usd need to go 1.3400

[h3nsky]

how about EUR/USD today?

[Ilshat]

Friday
EURO should be fall
be careful

[RahmanSL]

The EUR/USD has been steadily trending downwards since yesterday US session. It's now at the 1.326 level and, from what I can see from all time frames, look set to go down further. Unless of course some desperate bankers & traders take any sort of news from the EZ to be good news and make that as an excuse to yank up the Euro which rightfully should be at around the 1.23-25 levels...or even lower.

But, the ECB chairman has said if the EZ economy if assessed together and not by those troubled states, it is better than the US, Japan & Korea. So, interpret that anywhere you can as I sure don't agree with him!

For the record, I am bearish on this "devil's" pair!

[yuventius bhasyudewo se]

this pair did not yet show downside movement since this pair still above the green trend line and 1.3325 had been retouched twice but failed pair dropped sharply to 1.3153, if pair success break below this it became strong bearish starting although need one more step confirmation to break below 1.3025 as lower barrier level so sell stop here

[Dominator]

The main trend will be determine on the European finance ministers meeting on Wednesday.

[ilearn2t]

Hello Dominator

I'm putting my hunch on tomorrow mornings Euro market not long after opening time:-

News from the Centre for European Economic Research.

This is a survey of about 350 German institutional investors and analysts which asks respondents to rate the relative 6-month economic outlook for Germany. As you see a good outlook will be good for the EURUSD, but taking everything into account within the next 6 months in the euro zone as a whole; I know were I'd stand on this.
Combine this with 8 or more high impact reports and we could see some roller-coaster rides.

Good luck
ilearn2t

Ps: Welcome to the forum.

[Dominator]

Hello ilearn2t

Thx for your additional information and your greeting, sure it can give me better insight to determine the trend.

[yuventius bhasyudewo se]

this pair now in critical point level to make bearish trend or bullish continuing because only touched 1.3139 and not yet continue break below this barrier level so it will be two scenario for this pair first I prefer to put sell stop below this barrier level to anticipate bearish trend and second to put buy stop above 1.3325 to prepare bullish continuing

[ilearn2t]

Hello Everyone

EUR/USD continues its downward trend as Eurogroup chief Jean-Claude announces 13 minutes ago that Greece has not yet met all the conditions for new bailout funds.

Safe trading
ilearn2t

[qlinks]

While eu continue downfall since thursday last week, there is now possibility for it to reverse
now at 1.3080. it is nearing support at 1.3017 and macd in short timeframe 30min/1hr is divergent.
i think it's crucial for eu at this point, break of aforementioned support will imply
continuation of downfall and break of last high at 1.3321 will make further move up.

[yuventius bhasyudewo se]

for this pair the last steps confirmation successfully done when break below lower barrier level at 1.3139 and now pair in bearish mode so pair make small correction to continue this downtrend movement so to prepare this continuing direction better to put sell stop below this barrier level

[bherjuno]

I think the EUR/USD will continue its downtrend for a while now. Considering some bad fundamentals and the Technicals are not so good for it also. A couple bearish pinbar was established in a couple days ago, and there's no signs of upward strength.

[yuventius bhasyudewo se]

EURUSD now successfully break below lower barrier level at 1.3139 as strong confirmation level to ensure that pair really make bearish trend and touched new low at 1.3007, this new low became critical point to determine if this bearish became continue or pair make reversal so better to put sell limit below this lower barrier to prepare bearish continuing