EURUSD 6E Euro | Currency Futures


futures.io - futures trading strategies, market news, trading charts and platforms


Currency Futures


This subforum allows you to find traders that trade Currency Futures. You may post about anything to do with trading currency futures in this section




 

EURUSD 6E Euro

  #792 (permalink)

Legendary Market Wizard
Cincinnati Ohio
 
Trading Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Futures Broker
Favorite Futures: FX, Stocks, Options
 
Silver Dragon's Avatar
 
Posts: 1,772 since Feb 2011
Thanks: 4,892 given, 4,030 received

For what it worth.. here is my unprofessional analysis and opinion...

I think the Euro is being held up by professionals, iran news, and the price of oil. take a look at the price action for the last week. The price keeps oscillating around 1.30... By all rights it should be lower.... I think it will hang around 1.30 for a while longer...+/- 150 ticks. Once signifigant news comes out and the price crosses 1.28 or 1.32 then we shall see how strong it actually is.

If the news continues to be bad from across the pond the Euro could test 1.18 by the end of the year.

SD

nosce te ipsum

You make your own opportunities in life.
Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Silver Dragon for this post: