Popcorn and beer, sit back and relax, I’m not trading this pair today.
me too im not trading today its too risky
The EURUSD has calmed down, but this could be the calm before the storm, before the NFP report.
We know from earlier this week, through the ADP figures, that the NFP figures could miss expected employment
targets, and usually the ADP is a good proxy for the NFP, so I am not banking on huge moves… However, we know that, in spite of falling unemployment, wage growth in the US is stagnating, and a lot of potential workers are either not in permanent employment or not working (but not registered as unemployed)… Thus, it will be the breakdown of the NFP figures to give a true reaction, based on the Fed’s goals, rather than just the round number for un/employment…
yes you are on the point after Non-Farm Employment Change today we are going see more drop
EURUSD has found support at 1.3365 on the back of a bullish RSI divergence, coinciding nicely with a significant miss in US NFPs. This is the most significant bullish correction we have seen in the past couple of months, and the pair has broken out of its July bearish channel. While we are long-term bearish on the pair we see an increased likelihood of a correction here and will look to sneak in an aggressive long if we see a pullback. Below 1.3377 (today’s lows) the bullish correction has ended and we are looking down toward 1.33 once again.
Price was trading below 1.3440 after big push yesterday, it’s still bearish trend but if the price advances above 1.3440, there’s a good chance it may continue up to 1.3475/1.3500 price zone. Next week would be interesting.
Below 1.337 the bullish correction has ended and we are looking down toward 1.33 once again.
The SEK was the only currency that appreciated against the dollar during the European session.
PMI in this country rose to 55.2 points in July, being above the expectations of the market and 54.8 points above a fractional growth for 54.9 points. Better than expected, this indicator SEK helped recover some losses last Wednesday, resulting from the disclosure of GDP for the second quarter below expectations, giving investors a reason to believe in a strong currency and a more robust economy .
More oscillations for now on the EURUSD around the 1.3400 level. 1.3500 could become resistance.
new week lets see what will happen no data today so i dont expect a big movement on the price
EURUSD went higher during the course of last Friday, as the nonfarm payroll numbers were worse than expected. The trend has been very bearish lately, so the fact that we ended up bouncing during the day on Friday isn’t that big of a deal, it doesn’t change anything until we clear the 1.3550 region, something that probably isn’t going to happen soon.
Eur/usd had a flat day, price did not show any direction today. There are Eurozone Retail Sales tomorrow and ECB Rate Decision on Thursday, interesting week ahead of us.
The EUR/USD pair initially sold off during last week.
But ended up bouncing and forming a nice-looking hammer.
This hammer looks like the weekly opportunity!
good morning everyone we are still in the boring no movement phase on the pair today we have ISM PMI lets see what will happen
EURUSD initially fell during yesterday with a very tight range forming an inside day and as a result even if we do see some bullish pressure now, it’s going to have a fight on its hands to get above the 1.35 handle.
EUR/USD declining as anticipated…
Now under 1.34.
Eur/usd has just hit a new low today, it will continue on Thursday.
I think nobody has a clue, really… 
Switching back to the bearish trend was the right thing to do as bears once again rallied, pushing the pair to new lows underneath 1.3365.
Bearish is the way, but the risk of a bullish correction has increased with the presence of a bullish RSI divergence on the 4h and daily charts.
Only above 1.3450 do we see the trend as mixed.