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The Euro return

megajorko Posted 24 Ott as Analysis on EUR/USD, Target: 1.1330, Date: 1 di Dicembre, 12:00 GMT  in #Technical analysis #Euro #EUR/USD #Dollar Weakness #Draghi
Hello everyone.
After the Draghi speech and unusual announcement for additional Bond buying I think the bearish trend will not start. At least for now. Here are the reasons:
According to Daily chart there is obvious channel up and it could be broken only under 1.08 ( and even there it can make still 100 pips or a little bit more before returning to channel) The Next reason is another fundamental truth that fed are not sure in the rate hike.
We can also see the weekly chart:
I think that the pict…
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Exiting day yesterday - Unexpected Euro strength

AdamFx42 Posted 9 Giu  in #Trader's blog #Dollar Weakness #Euro Strength
I lost just about all my profit yesterday
I was up around +240K at some point, and today I started about break-even at +5K
Yesterday was a huge battle for me - I was at it all day,
I kept believing Eur strength would fade, and was selling Eur/Usd and Gbp/Usd,
only to find that the dollar had weakened
usd/Jpy gave back all its profits from post-NFP and looked in trouble
Apparently, traders that were long were getting cold feet, and were pulling out
It didn't stop me trying to buy dips, and losing…
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Range of euro

megajorko Posted 27 Apr as Analysis on EUR/USD, Target: 1.0777, Date: 1 di Giugno, 12:00 GMT  in #Technical analysis #EUR/USD #Dollar Weakness #Euro Weakness
According my analysis and inner feeling I think that EUR/USD will reach 1.0777 as a magical level and magnet. According the daily we have presently a double bottom which means possible movement up.
According the weekly we have a chanel down so the price will try to go to the red line and extrapolating to Q3 it will try to reach it. So we are now in range which will give as a possible triple bottom until Q3. Of cource june will be hot Month. Not in temperature but in action of Fed, FOMC decision …
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Dollar weakness

cosma Posted 13 Feb  in #Dollar Weakness
As another snowstorm hammers the Northeast, today's retail sales report reminds us how much damage inclement weather can have on consumer demand and the economy. Everyone is blaming the weakness in retail sales on the weather but there's no question that the slowdown in job growth in December and January also contributed to the contraction in demand. If economists are blaming the pullback in spending on inclement weather, then we can also attribute the market's disappointment and the sell-off i…
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