K.I.S.S analysis EUR/USD

This is a discussion on K.I.S.S analysis EUR/USD within the Forex forums, part of the Markets category; Although the Greeks voted "No", EUR/USD formed only a 100-pip gap when the markets opened earlier today. And not only ...

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Old Jul 6, 2015, 6:07pm   #16
Joined Jul 2014
Although the Greeks voted "No", EUR/USD formed only a 100-pip gap when the markets opened earlier today. And not only was the gap so small, but the pair already recovered it. That was very anti-climactic, to be honest. What follows next, I wonder.
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Old Jul 6, 2015, 6:56pm   #17
Joined Jun 2014
Aside from the gap which the market opened with today I dont see much of an impact on the EUR/USD at least not as much as feared.
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Old Jul 6, 2015, 7:37pm   #18
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Eurusd

The 1.1000 level seems like the fare price for the EURUSD during all the Greek turmoil.
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Old Jul 6, 2015, 8:39pm   #19
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EUR/USD Limited today in 100 pip it was shown in the 4H chart, but the economic calendar have high volatility expected news within the week.
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Old Jul 7, 2015, 10:35am   #20
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honeill started this thread Yesterday the EURUSD rose testing the 1.1097 level and as predicted closed the GAP opened on Sunday. We may expect a downward movement from the currency in the next two day, following the same cyclical pattern showed by the 29, 30 of June and 1st of July. The 1.0955 should be watch very closely because a breakdown of this level may throw the pair to the next Fibonacci level (61.8) at 1.0853.
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Old Jul 7, 2015, 10:59am   #21
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EUR started the week with a significant decrease caused by the Greek referendum by which markets opened at the level of 1.0975. After all the euro recovered positions within the day, reaching a closing price of 1.1055. Additional gains were limited at 1.1095. In the short term outlook remains negative and 1.0955 - the immediate goal. For turning the attitudes is needed a breakthrough of yesterday's high.
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Old Jul 7, 2015, 8:39pm   #23
Joined Jun 2014
EUR/USD reversed back by the end of the day to the opening point and gain more than 50 pip in 15 mins after testing the 1.0955, seems that some hopes about the Greece in the market.
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Old Jul 7, 2015, 9:47pm   #24
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EUR/USD bounced right up from support level 1.0900 and now we are back again to test 1.1000. And tomorrow we have the famous FOMC meeting minutes.
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Old Jul 7, 2015, 11:05pm   #25
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Quote:
Originally Posted by fxstrategist View Post
The 1.1000 level seems like the fare price for the EURUSD during all the Greek turmoil.
Fair statement, 1.1000 level can be important.
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Old Jul 8, 2015, 12:04am   #26
Joined Nov 2014
she has rejected the previous weekly low
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Old Jul 8, 2015, 8:48am   #27
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honeill started this thread On yesterday session the EURUSD fell but found enough buying pressure shy below the 1.0955 level to turn back up but still closed in the red in the middle of the daily range. The currency is trading between two Fibonacci levels the 38.2 (resistance) at 1.1058 and the 50% (support) at 1.0955, these are the levels that we should pay attention for today.
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Old Jul 8, 2015, 1:57pm   #28
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The single currency registered a decrease against the dollar on Tuesday. The euro depreciated by almost 45 pips to a closing price of 1.1009. Before that the pair reached a one-month bottom level of 1.0916, while the peak was recorded at 1.1058. The chart continues to develop under the moving averages and relative strength index remains in negative territory, which implies bearish sentiment and a test of 1.0955.
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Old Jul 8, 2015, 6:59pm   #29
Joined Jul 2014
There is an impressive inverted hammer candlestick right on top of the 1.1000 support level visible on the EUR/USD weekly filter chart. I think the pair might start climbing again, next target being 1.1120.
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Old Jul 8, 2015, 7:54pm   #30
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EUR/USD still struggling with 1.1000 as resistance level.
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