EUR/USD may fall 28-48 Pips after verbal interventions by ECB - General

Serg97199 2017.09.01 13:36 #131

After the release of the US statisticsEUR/USD briefly rose 0.5% to 1.1970, again approaching the two and a half year high recorded on Tuesday (1.2069), but returned to 1.1900 after verbal interventions by the ECB. Earlier the euro weakened on reports that a growing number of European Central Bank officials were concerned about the recent strength of the European currency.

Eur/usd ECB sees no reason GBP/USD forecast

Mickey Moose 2017.09.01 15:19 #132

Serg97199:

After the release of the US statisticsEUR/USD briefly rose 0.5% to 1.1970, again approaching the two and a half year high recorded on Tuesday (1.2069), but returned to 1.1900 after verbal interventions by the ECB. Earlier the euro weakened on reports that a growing number of European Central Bank officials were concerned about the recent strengthening of the European currency.

I advise you to forget about this site as a source of news and analysis.

and there you do as you wish.

Vladimir Tkach 2017.09.04 14:16 #133

North.

Mickey Moose 2017.09.04 14:24 #134

Taking advantage of the fact that there are many people here who can read the economic calendar - let's figure out what news it will collapse on

Dmitry Pilshtshikov 2017.09.04 15:00 #135

EUR/USD may fall 28 - 48 pips

pivot

1,1930

Our preferences

Short positions below 1.1930 with targets at 1.1875 and 1.1855 in extension.

Alternative scenario

Above 1.1930 look for further upside with 1.1980 and 1.2025 as targets.

Commentary

As long as the resistance at 1.1930 is not surpassed, the risk of a break below 1.1875 remains high.

Support and resistance

1.2025

1.1980

1.1930

1.1903 Last

1.1875

1.1855

1.1820

Files:

eurusd2.PNG 107 kb

Technical Analysis on FXone EURUSD Technical Analysis 2014 GBPUSDAnalysis

Victor Ziborov 2017.09.06 09:23 #136

Today 6 September 2017. On 29 August 2017 the EURUSD price high was 1.2070. After that there were no major events that could seriously move the price anywhere. After that there was a NonFarm=156K (that's less than 200K) on September 1, which had no impact whatsoever. (When the NonFarm is over 200K, it triggers serious moves.) The next event that could move the price even more upwards is tomorrow, September 7, 14:45. It is the EUR interest rate (Minimum Bid Rate). And the next big game changer is the Fed Funds Rate on September 20.

Forecast and levels for USD/JPY Analysis JPY news

Veniamin Skrepkov 2017.09.06 15:28 #137

Victor Ziborov:

Today 6 September 2017. On 29 August 2017 the EURUSD price high was 1.2070. After that there were no major events that could seriously move the price anywhere. After that there was a NonFarm=156K (that's less than 200K) on September 1, which had no impact whatsoever. (When the NonFarm is over 200K, it triggers serious moves.) The next event that could move the price even more upwards is tomorrow, September 7, 14:45. It is the EUR interest rate (Minimum Bid Rate). The next big market-moving event is the Fed Funds Rate on September 20.

In September we can add a quarterly futures expiry .

Victor Ziborov 2017.09.06 19:23 #138

Veniamin Skrepkov:

From the September event we can add a quarterly futures expiry .

Very interesting. Veniamin, on what date and in what currency? In USD ?

Andrey 2017.09.08 08:34 #139

There were also statements that the U.S. Central Bank or the Fed, I am a newbie and not good with the terminology yet, so there was a rumor that the U.S. is going to destroy the previously printed unsecured dollars, and not just once, but systematically (like quarterly, I do not remember exactly), which implies that the dollar should rise sharply. And from this it follows that firstly, the dollar should fall as low as possible, and then to buy it up very quickly and that's all, someone can make good money on it. But I am a beginner, maybe I did not add something, but it is what it is...

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