Let's talk about the EURUSD

[csc2009]

Any upward move should hold below 1.3993. The euro should from now on fall for at least a month.

 

[peeterwoolf]

How much further can this pair fall? Would it continue to the downside over next 4 weeks until the next ECP policy decition?

 

[csc2009]

Eurusd is showing a little movement near low 1.37 range, 1.37 is providing weak support. 1.3650 follows.
1.3740 is the next resistance line.

 

[peeterwoolf]

The euro is still weak, trade near 1.371 range, we had few trading opportunities today which I missed.

 

[peeterwoolf]

Nice moving downside, made some pips.

 

[caplas]

The pair won't go up soon, I'm pretty certain about that

 

[fxstrategist]

There is nothing more to do with the EURUSD, but to wait untill next week when we get fresh moves on the market.

 

[csc2009]

There is nothing more to do with the EURUSD, but to wait untill next week when we get fresh moves on the market.

I agree, we have to wait and see.

 

[joaoguitar]

You'll probably say I see it all wrong, but for what I've seen in the past, despite all criticism and bad predictions for the Euro, I still see it going strong and long time tendency is raising... I personally wouldn't risk on this pair, I think Eur might change actual falling tendency at any time suddenly...

 

[honeill]

Today is the day that everyone was expecting, ECB Monetary policy statement and press conference. So what should we expect? A rate cut today is more or less a done deal and …?