FXOpen Broker

10+ years’
experience in FX

VISIT WEBSITE

Trading Accounts

ECN, STP,
Micro, Crypto

START TRADING

Free Demo

Practice Forex trading
risk free

OPEN DEMO ACCOUNT

PAMM Technology

Become a Master
or a Follower

JOIN PAMM SERVICE
Results 1 to 9 of 9

Thread: Eur/usd forex market news and forex tips

  1. #1
    Bullish
    Join Date
    Jan 2017
    Posts
    45
    Thanks
    0
    Thanked 3 Times in 3 Posts

    Default Eur/usd forex market news and forex tips

    The EUR/USD pair is back in the red zone and meanders near daily lows, as the US dollar staged a solid comeback from Trump’s speech induced declines, lifting the USD index back near five-day highs of 101.57.

    In terms of technicals, Omkar Godbole, Analysts at FXStreet notes, “A break above 1.06 (zero figure) would expose 1.0642 (38.2% of 1.0341-1.0829) and 1.0677 (Feb 17 high). On the downside, support is seen at 1.0577 (5-DMA) and 1.0565 (previous day’s low), under which a major support is seen at 1.05 (zero figure). “

    Current exchange rate of EUR/USD pair is 1.0539.

    Our Latest Forex Recommendations:

    Sell as the pair is going down.

    Stay updated with Forex tips, Forex signals or Forex trading tips to gain profit.

  2. #2
    Bullish nickywatson's Avatar
    Join Date
    Jan 2017
    Posts
    50
    Thanks
    0
    Thanked 12 Times in 9 Posts

    Default

    Click image for larger version. 

Name:	9ea62d8d532f443bb392464171b8d705.png 
Views:	4 
Size:	48.7 KB 
ID:	57600

  3. #3
    Piplet
    Join Date
    Mar 2017
    Posts
    1
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Hi there,
    That's a nice post.
    Thanks

  4. #4
    Bullish nickywatson's Avatar
    Join Date
    Jan 2017
    Posts
    50
    Thanks
    0
    Thanked 12 Times in 9 Posts

    Default

    EURUSD short idea => . . . Click image for larger version. 

Name:	5bca9242081a4950b084d0f3a290ef2f.png 
Views:	1 
Size:	63.4 KB 
ID:	57637

  5. #5
    Bullish
    Join Date
    Jan 2017
    Posts
    45
    Thanks
    0
    Thanked 3 Times in 3 Posts

    Default

    The EUR/USD pair extends its overnight side-trend into Asia this Tuesday, as the bears take a breather before the next move lower, with investors gear up for a fresh batch of macro updates from both continents.

    The spot reversed sharply from five-week tops after the greenback stalled its corrective bias and regained momentum after the benchmark 10-year treasury yields recovered from lows of 2.56% and jumped back above 2.61% level, as the yields priced-in a 25 bps Fed rate hike. The FOMC begins its 2-day monetary policy meeting today, with the interest rates decision to be announced in the American afternoon tomorrow.

    In the day ahead, the EUR/USD pair will remain under pressure as traders prefer to hold the US currency ahead of the FOMC announcements and Dutch general elections due tomorrow. However, losses may be limited.

    EUR/USD Technical Levels
    Intraday and for the upcoming sessions, the 4 hours chart shows that technical indicators are easing from extreme overbought readings achieved at the beginning of the day, but also that the 20 SMA maintains a strong bullish slope after breaking above the 100 SMA, this last indicating a limited downward scope. A downward corrective movement towards the 1.0630 region seems likely, while a break below this last should favor a deeper downward corrective move.

    TREND INDEX
    Strongly Bearish

    CURRENT EXCHANGE RATE:
    1.0656

    AVG SELLING PRICE:
    1.0622

    AVG BUY PRICE
    1.0579

    OUR LATEST RECOMMENDATION:
    It is recommended to BUY.

    Stay updated with Forex Signals, Forex Trading Tips or Forex Tips to gain profit.

  6. #6
    Bullish
    Join Date
    Jan 2017
    Posts
    45
    Thanks
    0
    Thanked 3 Times in 3 Posts

    Default

    Having witnessed an upside consolidation phase in overnight trades, the EUR/USD pair broke lower in Asia, as the Euro attempted a minor correction from three-week tops amid broad based US dollar recovery.

    The Euro also remains undermined ahead of the French election scheduled this Sunday, as the race for the French President remains very tight. The difference for this year’s first round is that the top four candidates are within a range of fewer than 4 percentage points.

    However, the downside may remain cushioned amid persisting risk-off trades, as mounting uncertainty over the North Korean issue and fresh concerns over Iran could underpin the sentiment around the funding currency EUR.

    The immediate focus now remains on the Eurozone final CPI figures, the only relevant economic release from the Euroland, while a lack of fresh fundamental news from the US could leave the spot at the mercy of risk trends and USD dynamics.

    Click image for larger version. 

Name:	EURUSD 19th April 2017.png 
Views:	1 
Size:	32.4 KB 
ID:	58641

    EUR/USD Technical Levels
    Technical resistances for the pair are aligned at 1.0736 (3-week high), 1.0781 (200-DMA) and finally 1.0800 (round number). On the flip side, the spot finds next support at 1.0702/00 (daily pivot/ round number), a break below that level could open the door to 1.0663/60/59 (5, 20 & 50-DMA) and 1.0600 (classic S2/ Fib S3).

    TREND INDEX
    Strongly Bearish

    AVG SELL PRICE
    1.0702

    AVG BUY PRICE
    1.0631

    For live forex updates, stay updated with forex tips and forex trading signals.

  7. #7
    Piplet
    Join Date
    Jun 2017
    Posts
    1
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    EURUSD has recently fallen sharply below 1.0600 and tested support around 1.0570 following the recovery to 1.0632 from 1.0600 earlier. On the hourly chart, technical indicators suggest bias is bearish but downside should be limited around 1.0570 in short term. The next target on the downside is 1.0520.

  8. #8
    Piplet
    Join Date
    Jul 2017
    Posts
    20
    Thanks
    12
    Thanked 5 Times in 5 Posts

    Default

    My EUR/USD Signal


    Status:Close
    ENTRY POINT: Sell at 1.1445
    TAKE PROFIT: 1.1414
    STOP LOSS: 1.1486

    DATE:17-Jul-2017

  9. #9
    Moderator cool user Resolve's Avatar
    Join Date
    Mar 2012
    Location
    India
    Posts
    37,287
    Thanks
    6,095
    Thanked 2,472 Times in 1,447 Posts

    Default

    This topic is being updated for further discussions...

Bookmarks

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Disclaimer
2005-2020 © FXOpen All rights reserved. Various trademarks held by their respective owners.

Risk Warning: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgment as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

FXOpen Markets Limited, a company duly registered in Nevis under the company No. C 42235. FXOpen is a member of The Financial Commission.

FXOpen AU Pty Ltd., a company authorised and regulated by the Australian Securities & Investments Commission (ASIC). AFSL 412871ABN 61 143 678 719.

FXOpen Ltd. a company registered in England and Wales under company number 07273392 and is authorised and regulated by the Financial Conduct Authority (previously, the Financial Services Authority) under FCA firm reference number 579202.

FXOpen does not provide services for United States residents.

Join us