Razvan
Long

EURUSD - Dip!

FX:EURUSD   Euro Fx/U.S. Dollar
779 28 12
Here is the Dip I was talking about yesterday. I didn't see a fundamental reason for this fall, so if anyone can share it would be great. Now I believe it could go back above 1.3600.
Some profit taking maybe, before NFP... Other than that i see no reason for this dip as well...
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I dont think it will go over 1.3600 if not the numbers from the US are better than expectations.So until then it will probably be a slow trading day, like yesterday. Otherwise good chart :)
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Razvan TheBull
but better than expected would mean another motive for the FED to trim the QE even more. Wouldn't it? so the dollar should rally.
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TheBull Razvan
Yes it perhaps would, but for now until the US news I'm staying short.
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Hey, how r u? ;) respectively eur usd: for me it's short... Just 4 your information. Just take a look in my analyses in the next days... ;)
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Razvan m4riovolp3
Hey Mario! Well on what time interval is your EURUSD short?
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Razvan m4riovolp3
You are a good analyst/trader, but you should learn modesty :)
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German constitutional court says sees substantial reasons to suggest the OMTs exceeds ECB mandate and infringes ban on funding member states
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Razvan kronos8472
Thank you! :)
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TheBull kronos8472
Yeah, heard that on bloomberg, but they also said that the market wouldnt care...
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hi! i am new to trading. can u quickly guide me how to add the indicator underneath your chart? RSI...
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TheBull joseph.setati
Hey Joseph. I think you have to create a own chart for that? THis is only a picture.
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Razvan joseph.setati
Hey Joseph, just go on the top of the chart at the indicators tab and click. After that choose your indicator/oscilator and it will be automatically added on you chart. Right click and change its position
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Razvan Razvan
If you want under this chart, well I don't know if TW has the Make it mine anymore. You should recreate it and add your indicator.
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I believe while NPF we will see a waterfall... ... :) I don't believe it will back up to 137/138. 136 it could be, after that it will dip back under 135 just in few mins. lets see
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hello razvan, you can predict the NFP with a mathematical formula - that works most of the time: you need the average of the last 4 weeks of jobless claims, which is for today 333.000, so x=333.000. the formula is NFP = y = -1,5225 * x +707.748 , so for today we can calculate NFP = y = 200.755 ...regards.niko
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Razvan nikop
Hey Nikop, thanks, I will try it today, If it works it might be something :). At least if it has a good probability.
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k thanx. i got it. i just clicked add and chose Stochastic RSI
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It is not as exact as yours buy i hope they are not to different.
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Razvan joseph.setati
The Stochastic works a little bit different like the RSI. But they are both oscillators. Keep what you know and works best for you :)
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The upcoming NFP data release in next few hours can be very positive and bullish.. The EU may retest 1.3400 next after NFP
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Razvan alex1
It could, I also believe it will be good, but i am very curious about the unemployment rate. It dropped a lot last time.
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damn it. u were right and i missed it. i wanted to go long at 1.3555.
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so wads now? buy or sell?
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Razvan Sam0101
I think it could go little bit higher, but it is just my opinion. Best!
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Hi, Bund already retraced to its original level where it was trading in the early session after the impact of news, only is EURUSD is left out for entrancement, Even my view is also on the upside pressure, but truly NFP is always a game changer.
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excellent
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Razvan forexfox
Thank you!
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