EurUsd

radex78 · Dec 19, 2016

Look on today movement monday usually market narrow movement but on eurusd I have seen already figure out bear candle, still having possibility trend bearish still as major

mlawson71 · Dec 20, 2016

It is very bearish indeed, but it still hasn't broken below the last low 1.0366.

victorycountry · Dec 20, 2016

mlawson71 said:
It is very bearish indeed, but it still hasn't broken below the last low 1.0366.

I think eurusd is not going to make any substantial move this year. There was Reserved bank of Australia's meeting earlier today. There was high prob that they could decide to cut their interest rate but decided not which was disappointing. So I moved on for bank of japan's interest rate decision. They did not change the rate but I initiated long for almost all yen pairs including EurJpy - all closed in profits. I might take a break for Chrismas for now and may come back in 2017

radex78 · Dec 20, 2016

mlawson71 said:
It is very bearish indeed, but it still hasn't broken below the last low 1.0366.

I think still possible to continue bearish, seems usd strongest than major currency included euro,

mlawson71 · Dec 21, 2016

victorycountry said:
I think eurusd is not going to make any substantial move this year. There was Reserved bank of Australia's meeting earlier today. There was high prob that they could decide to cut their interest rate but decided not which was disappointing. So I moved on for bank of japan's interest rate decision. They did not change the rate but I initiated long for almost all yen pairs including EurJpy - all closed in profits. I might take a break for Chrismas for now and may come back in 2017

Well, there's little left of this year as it is. And no one makes major changes during the Christmas and New Year holidays.

radex78 · Dec 21, 2016

mlawson71 said:
Well, there's little left of this year as it is. And no one makes major changes during the Christmas and New Year holidays.

Still few days to come on the date, maybe forex market will move on great movement because money move hand to hand might influenced on the market during celebration

mlawson71 · Dec 22, 2016

The Forex market almost never moves much at this time of the year. I would recommend only opening very short-term positions if one trades at all.

radex78 · Dec 22, 2016

Maybe on end of year the market quite slow, I was opened on gbpusd few day but movement still on ranging and on narrow movement, might better short term, but need good patience I think

mlawson71 · Dec 23, 2016

No more trading for me today, I have closed all my positions. Happy Holidays, everyone!

radex78 · Dec 23, 2016

mlawson71 said:
No more trading for me today, I have closed all my positions. Happy Holidays, everyone!

Market still quiet slow, near to new year seems the market is too slow movement, eurusd on bullish now and different with gbpusd that has tendencies to bearish pattern