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Re: EUR/USD

Posted: Sat Jun 03, 2017 12:22 am
by FrancoisT
EUR/USD - Not the best NFP movement :)
It seems that was all from the EUR push for the week. Even break above the high 1.1283 will not have enough power to keep moving the price up.

Re: EUR/USD

Posted: Sun Jun 04, 2017 8:36 pm
by mlawson71
FrancoisT wrote: Sat Jun 03, 2017 12:22 am EUR/USD - Not the best NFP movement :)
It seems that was all from the EUR push for the week. Even break above the high 1.1283 will not have enough power to keep moving the price up.
I think next week we'll see it reach 1.1350 - 1.1370.

Re: EUR/USD

Posted: Mon Jun 05, 2017 8:32 pm
by FrancoisT
EUR/USD - As the high at 1.1283 sustain and the price bounced, most likely the in short term the dollar may try to recover with initial targets around 1.1215/20.

Re: EUR/USD

Posted: Mon Jun 05, 2017 9:56 pm
by mlawson71
It's possible. But even if it retraces for now the overall trend remains quite bullish, I think.

Re: EUR/USD

Posted: Tue Jun 06, 2017 7:27 pm
by mlawson71
The pair is range-bound again, probably in expectation of the Mario Draghi press-conference on Thursday.

Re: EUR/USD

Posted: Thu Jun 08, 2017 11:25 pm
by FrancoisT
EUR/USD - is sitting just above 1.12 and in case of break below natural target would be 1.1170. It seems the market starts to make narrow range bars more often with sharp and sudden movement and perhaps we are more or less entering on summer range phase :)

Re: EUR/USD

Posted: Mon Jun 12, 2017 8:00 pm
by mlawson71
EUR/USD is so range-bound that nothing is clear at the moment, in my opinion.

Re: EUR/USD

Posted: Tue Jun 13, 2017 9:00 pm
by mlawson71
Tomorrow there will be a FOMC statement, hopefully it will finally end the EUR/USD range.

Re: EUR/USD

Posted: Fri Jun 16, 2017 7:55 pm
by mlawson71
Big drop after the federal funds rate hike news yesterday, but the pair finally found support at 1.1130.

Re: EUR/USD

Posted: Tue Jun 20, 2017 10:31 pm
by mlawson71
It's still consolidating above 1.1140. It will take major news to change that, I think.