Showing posts with label EURUSD. Show all posts
Showing posts with label EURUSD. Show all posts

Friday, August 28, 2015

Roundup Of Recent Posts


I have been spending quite a bit of time on Renko trading strategies and also attempting to automate a Renko strategy, not much luck so far with the automation, Renko bars do not seem to work  well in automated trading for me.

The past couple weeks have been very volatile for traders. We have been dealing with the adjustments in the Chinese markets, fallout from the crisis in Greece and the supposed rate adjustments in the US.

Interesting times for all.

It appeared as the markets closed for the week that some stability may have returned, but we will have to see what happens when the markets reopen for next week..

Certainly there are adjustments happening in the currencies and that will probably continue for quite a while.

Enjoy the weekend!


Gold Analysis As At August 14, 2015
Ichimoku Renko Trading Strategy
Roundup of Posts for the Past Week
Renko Charting Explained
Chinese Yuan – What Has Happened?
US Dollar Index Trading Strategy As At August 15, 2015
Renko Awesome Oscillator Divergence Trading Strategy
Awesome Oscillator Renko Divergence Trade from August 17, 2015
7 Ways to Optimize Your Trading Strategy
Renko Trading Strategy EURUSD August 28, 2015
Highest Traded Individual Stocks Yesterday - from August 27, 2015
Highest Trading Stocks From Yesterday, August 28, 2015

Renko Trading Strategy EURUSD August 28, 2015


EURUSD is sliding on this Renko Chart


This morning the EURUSD pair is down considerably after rising earlier.

You can see on this Renko chart that price has fallen from a high of 1.1309 to 1.1258.


Renko Trading Strategy Eurusd August 28, 2015





The fall in the EURUSD today may be related to a softening rate of inflation in Europe as well as today’s meeting of the European Central Bank. There is some feeling that there will be Quantitative Easing proposed which may have considerable effect on the EURUSD.

Her are a couple current articles on EURUSD.


Slowing German CPI to Hit EUR/USD Ahead of ECB Meeting? - DailyFX
http://news.google.com Fri, 28 Aug 2015 08:00:26 GMT
Slowing German CPI to Hit EUR/USD Ahead of ECB Meeting?DailyFXSigns of slowing inflation in Europe's largest economy may drag on EUR/USD and push the European Central Bank (ECB) to broaden its quantitative easing (QE) program as it undermines the Gov ...
Read more ...
 
 
EUR/USD Technical Analysis: Aiming Below 1.12 Figure - DailyFX
http://news.google.com Fri, 28 Aug 2015 03:45:45 GMT
DailyFXEUR/USD Technical Analysis: Aiming Below 1.12 FigureDailyFXThe Euro declined for a third consecutive day against the US Dollar, with prices now aiming at support below the 1.12 figure. A daily close below the 61.8% Fibonacci retracement at 1.1 ...
Read more ...
 
 
Trade Idea: EUR/USD - Sell at 1.1370 - Action Forex
http://news.google.com Fri, 28 Aug 2015 08:30:56 GMT
Trade Idea: EUR/USD - Sell at 1.1370Action ForexAs the single currency has recovered after falling to 1.1203 yesterday, suggesting consolidation above this level would be seen and corrective bounce to resistance at 1.1364 cannot be ruled out, however ...
Read more ...














Saturday, August 15, 2015

US Dollar Index Trading Strategy As At August 15, 2015


The US Dollar Index will certainly affect the trading strategies of the several currency pairs that make up this basket.

There is much discussion in the United States and elsewhere as to when interest rates may start to move higher and that will certainly affect all of the currencies.

Lets have a look at several charts and see what clues we can discover as to what may be a future direction.

This first chart has the Macd and a quick glance shows a bearish divergence. You will see that there is quite an amount of Bearish influence showing as you glance at these charts.




This next chart, a daily chart shows a bearish Fibonacci Pattern which seems to confirm the bearish divergence on the Macd.



Now we have the Ichimoku Kinko Hyo chart showing that price is above the cloud. It may be that the cloud is going to provide support and prevent much of a movement south, perhaps a few ranging days are ahead.



Another Bearish Fibonacci Pattern on the monthly chart.




We can see on this chart that price is below the pivot and has been fluctuating above support, directionless, so far.



Price has moved below the weekly pivot and also below the monthly pivot.




Here is more discussion by several authors. You will see a variance in expectations as to direction.

US Dollar Index Forecast August 17, 2015, Technical Analysis - FX Empire
http://news.google.com Sat, 15 Aug 2015 04:53:00 GMT
FX EmpireUS Dollar Index Forecast August 17, 2015, Technical AnalysisFX EmpireThe US Dollar Index went back and forth during the course of the session on Friday, bouncing off the 96 level for support. With that being the case, the market looks as if ...
Read more ...
US Dollar Index (DX) Futures Technical Analysis – August 14, 2015 Forecast - FX Empire
http://news.google.com Fri, 14 Aug 2015 11:22:28 GMT
FX EmpireUS Dollar Index (DX) Futures Technical Analysis – August 14, 2015 ForecastFX EmpireSeptember U.S. Dollar Index futures are trading slightly lower shortly before the cash market opening. For the second consecutive day, the market is trading i ...
Read more ...
Dollar Slips This Week on Blurred Picture for US Rates - Wall Street Journal
http://news.google.com Fri, 14 Aug 2015 20:18:39 GMT
USA TODAYDollar Slips This Week on Blurred Picture for US RatesWall Street JournalThe dollar edged broadly lower this week as uncertainty over China and depressed global inflation pressures clouded investors' view on U.S. interest rates and limited t ...
Read more ...
The Week Ahead: How Important Is China or The Dollar To Your Portfolio? - Forbes
http://news.google.com Sat, 15 Aug 2015 12:49:44 GMT
ForbesThe Week Ahead: How Important Is China or The Dollar To Your Portfolio?ForbesI began analyzing the financial markets in 1982 when I became the research director for a financial advisory firm and provided regular market analysis on stocks, commo ...
Read more ...
China hoarding gold in move to challenge dollar - WND.com
http://news.google.com Sat, 15 Aug 2015 01:25:38 GMT
WND.comChina hoarding gold in move to challenge dollarWND.comBorneman noted the IMF is scheduled to meet in October, and on the agenda is whether to allow China's currency into the SDR pool, a basket of currencies that includes the U.S. dollar, the e ...
Read more ...
Pound to Dollar Rate Forecast to Decline from Here - Pound Sterling Live
http://news.google.com Sat, 15 Aug 2015 10:58:00 GMT
Exchange Rates UKPound to Dollar Rate Forecast to Decline from HerePound Sterling Live“Sterling outperformance though largely stemmed from euro strength against the dollar. Underlying sentiment for the pound suffered in data this week that showed the ...
Read more ...
Dollar Looks for Fed Move as Major Counterparts Gain Ground - DailyFX
http://news.google.com Sat, 15 Aug 2015 03:34:00 GMT
DailyFXDollar Looks for Fed Move as Major Counterparts Gain GroundDailyFXThe 'Summer Lull' doesn't do the US Dollar any favors. As a favored haven currency, the reduced volatility - and thereby risk - curbs its innate demand. Further, as market depth ...
Read more ...


























Friday, August 14, 2015

Roundup of Posts for the Past Week


This past week saw changes in the value of many currencies due to the repricing of the Yuan. The Yield Curve was of interest also as the date for the supposed rate increase approaches. Oil was priced at new lows, Gold seem to have bottomed, a lot happened in the past several days.

Here are the posts from the past week.

http://boutiquetradingstrategies.blogspot.ca/2015/08/heiken-ashi-smoothed-renko-trading.html
http://boutiquetradingstrategies.blogspot.ca/2015/08/chinese-yuan-depreciates-further-what.html
http://boutiquetradingstrategies.blogspot.ca/2015/08/renko-moving-average-trading-strategy.html
http://boutiquetradingstrategies.blogspot.ca/2015/08/cci-trading-strategy-as-at-august-13.html
http://boutiquetradingstrategies.blogspot.ca/2015/08/yield-curve-articles-as-at-august-13.html
http://boutiquetradingstrategies.blogspot.ca/2015/08/eurusd-trading-strategy-as-at-august-13.html
http://boutiquetradingstrategies.blogspot.ca/2015/08/how-canadian-loonie-is-relating-to.html
http://boutiquetradingstrategies.blogspot.ca/2015/08/crude-oil-as-at-august-12-2015.html
http://boutiquetradingstrategies.blogspot.ca/2015/08/highest-traded-individual-stock-from_12.html
http://boutiquetradingstrategies.blogspot.ca/2015/08/audusd-trading-strategy-as-at-august-12.html
http://boutiquetradingstrategies.blogspot.ca/2015/08/news-about-chinese-yuan.html
http://boutiquetradingstrategies.blogspot.ca/2015/08/audusd-trading-strategy-as-at-august-11.html
http://boutiquetradingstrategies.blogspot.ca/2015/08/highest-traded-individual-stock-from_11.html
http://boutiquetradingstrategies.blogspot.ca/2015/08/china-has-enormous-effect-on-markets.html
http://boutiquetradingstrategies.blogspot.ca/2015/08/highest-traded-individual-stock-from.html
http://boutiquetradingstrategies.blogspot.ca/2015/08/a-look-at-interest-rates-as-at-august.html
http://boutiquetradingstrategies.blogspot.ca/2015/08/highest-traded-individual-stocks-from.html
http://boutiquetradingstrategies.blogspot.ca/2015/08/eurusd-as-at-august-10-2015.html
http://boutiquetradingstrategies.blogspot.ca/2015/08/yield-curve-articles-as-at-august-8-2015.html
http://boutiquetradingstrategies.blogspot.ca/2015/08/a-look-at-interest-rates-as-at-august-8.html
http://boutiquetradingstrategies.blogspot.ca/2015/08/audusd-trading-strategy-as-at-august-8.html
http://boutiquetradingstrategies.blogspot.ca/2015/08/eurusd-trading-strategy-as-at-august-8.html

Saturday, August 8, 2015

EURUSD Trading Strategy As At August 8, 2015

EURUSD on the weekly chart has a 'Bullish Butterfly' which likely means the currency pair will rise sometime in the future.

Traders have been hoping for an upward move for many weeks.












EUR/USD to Eye 1.0800 Support on Strong NFP Report - DailyFX
Fri, 07 Aug 2015 08:01:23 GMT
Exchange Rates UKEUR/USD to Eye 1.0800 Support on Strong NFP ReportDailyFXAnother 225K expansion in U.S. Non-Farm Payrolls (NFP) may spur greater demand for the greenback and spark a near-term sell-off in EUR/USD should the fresh batch of data height ...

Read more ...


Non-Farm Payroll Comes Largely In-Line, Sinks EURUSD - DailyFX
Fri, 07 Aug 2015 13:18:11 GMT
Non-Farm Payroll Comes Largely In-Line, Sinks EURUSDDailyFXThe strong jobs report came at the expense of the EURUSD pair, which plummeted, on the back of the data. EURUSD fell from $1.0972 just before the data to $1.0859 a few minutes after. The pair ...

Read more ...


EUR/USD Weekly Outlook - Action Forex
Sat, 08 Aug 2015 14:18:00 GMT
EUR/USD Weekly OutlookAction ForexEUR/USD's range trading continued last week as it stayed between 1.0807/1128. Initial bias remains neutral this week first. On the downside, break of 1.0807 will extend recent fall from 1.1436. Nonetheless, the corre ...

Read more ...


Forex technical analysis: EURUSD technical levels through US employment report - ForexLive
Fri, 07 Aug 2015 12:14:25 GMT
ForexLiveForex technical analysis: EURUSD technical levels through US employment reportForexLiveThe US employment report is always a risky event. When you have 300 million people and plus or minus 50-100K can make a big difference, that increases not ...

Read more ...

Wednesday, August 5, 2015

EURUSD Trading Strategy as at August 5, 2015




This chart is a Renko Chart with the TMA Bands, 10 pip bars. The Renko Trading Strategy is easily defined with the bands.




USDOLLAR Index Nears Flag Top as EUR/USD Loses Triangle Support - DailyFX
Wed, 05 Aug 2015 11:08:16 GMT
DailyFXUSDOLLAR Index Nears Flag Top as EUR/USD Loses Triangle SupportDailyFXAfter a rather passive start to the week economic-data wise, event risk should pick up quite considerably over the next three days, starting with today's duo of significant ...
Read more ...


EUR/USD halts three-day losing streak, amid mixed US data - Investing.com
Wed, 05 Aug 2015 21:55:30 GMT
EUR/USD halts three-day losing streak, amid mixed US dataInvesting.comInvesting.com -- EUR/USD rose slightly on Wednesday halting a three-day losing streak, amid mixed economic data in the U.S. ahead of Friday's critical jobs report for the month of ...
Read more ...


EUR/USD orderboard - ForexLive
Thu, 06 Aug 2015 00:28:56 GMT
EUR/USD orderboardForexLiveAll the biggest trading floors in the world have screens locked on ForexLive™. We provide real-time forex news and analysis at the highest level while making it accessible for less-experienced traders.and moreļ¾ »
Read more ...


EUR/USD Little Higher - Benzinga
http://news.google.comEUR/USD Little HigherBenzingaEUR/USD is trading at 1.0904, up 0.0019. The pair is trading very choppy and largely rangebound. Market talk continues about U.S. economic data and the U.S. Federal Reserve Monetary policy in the months ahead. German fact ...
Read more ...

Thursday, January 15, 2015

EURUSD - USDDKK Trading Strategy

These pairs move opposite to each other and today we see a sign of a reversal starting. Many traders have a strategy of trading these simultaneously, a profitable trading strategy for sure..

Note the long wicks on today's candles, certainly there will be a reversal in coming days.

The Eurusd pair has moved a long way from the low in a few hours.








Wednesday, January 14, 2015

Euro Testing All Time Lows

The Euro has been testing the lows and may have by now reached a level of All Time Low by now

















Copper suffers meltdown on growth anxiety, euro on defensive - Reuters


Wed, 14 Jan 2015 07:18:04 GMT
SYDNEY (Reuters) - Unease over the global economy engulfed commodities and dented Asian equities on Wednesday, while the euro loitered near nine-year lows as invest ...


Read more ...



One US dollar could soon equal one euro - CNNMoney


CNNMoneyThat's especially true compared with the euro, which is getting slammed by gloomy growth in the eurozone. Now Goldman Sachs (GS) believes the U.S. dollar will catch up to the euro and the two cur ...


Read more ...



Yen benefits from volatility, euro at nine-year lows vs dollar - Reuters


SYDNEY (Reuters) - The dollar neared one-month lows against the yen early on Wednesday as U.S. yields continued to shrink, but it scaled a nine-year peak on the euro as bolder stimu ...


Read more ...