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EUR / USD downtrend continuation

The pair remains in a strong downtrend and it seems that it is more likely that the trend will continue over the next month, although at the beginning of the month we could have a consolidation.
On the daily chart we see the pair has entered a strong bearish channel , this channel mantine price since December 2014 and most likely the price during the month of February leaves the channel to consolidate the area of 1.11 - 1.15.
On the monthly chart we see that this week is the first positive endin…
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independeceday32 avatar

It seems that the dollar had suffered a correction, so the pair may continue with the consolidation without continuing downward trend.

independeceday32 avatar

After yesterday's gains supported by the testimony of Mr. Yellen, the pair has tried this morning to continue the climb without success. It seems that the euro can not keep the gains against the dollar. This may be motivated because the ECB began in March with its famous QE, which could lead to lower euro during the last days of the month.

independeceday32 avatar

The pair made a strong move lower on Thursday and ended the week at minimum in difficult 1,12.Sera the pair get closer to my goal de1,1058, but surely see early next week to test 1.11 area.

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Daily Forecast EUR/USD GBP/USD USD/JPY

This morning I woke up and when I picked up the phone to see how the Asian session has gone and the market has given me a good blow, I expected, well for my operations, that the euro and the pound to fall during the Asian session by the worst data expected for china, but not the euro and the pound have climbed has maximum, but this is the market!!! EUR/USDFor today of U.S. retail sales data move to the market, expected that these data will improve and that could give strength to the dollar.Ye…
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Daily forecast EUR/USD , GBP/USD ,USD/JPY

Yesterday,except the pound, it was a day of calm, with low volume and little movement, for today I hope something more motion, we will see that we have today.
EUR/USD
Worse than expected in the German trade balance data have led the euro to lows at 1.3847, and is now fighting with the last Friday at 1.3850 minimum, if he breaks this level will surely see the price go down to support 1.3820-10. if it dont break and stand at 1.3850 holds the price will make a new test to 1.3920.
today U.S. wholesa…
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Maria_r avatar
Maria_r 11 Mar.

good

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