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EUR/USD - Euro US Dollar

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1.1078 +0.0001    (+0.00%)
0:14:36 GMT - Real-time Data. ( Disclaimer )
Type: Currency
Group: Major
Base: Euro
Second: US Dollar

  • Prev. Close: 1.1078
  • Bid/Ask: 1.1078 / 1.1079
  • Day's Range: 1.1062 - 1.1185
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EUR/USD 1.1078 ++0.0001 (++0.00%)
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Latest EUR/USD Comments

Mareks Prusis
Mareks Prusis Mar 04, 2015 10:32PM GMT
Panos-i mean target-down down down til 0.96-1.02

Mareks Prusis
Mareks Prusis Mar 04, 2015 09:23PM GMT
Panos-last year february/march you think same target?
Panos Papadopoulos
Panos Papadopoulos Mar 04, 2015 10:14PM GMT
@Mareks - I am not sure what you mean with your message. Can you clarify?.
Panos Papadopoulos
Panos Papadopoulos Mar 04, 2015 10:41PM GMT
Each significant High or Low produces its own price target. However, it is more a question of time. Therefore, it is how the euro responds to significant dates that gives a strong indication of the trend. In December the Euro broke to the downside against major key dates. It also broke below multiyear lows. The target zone 0.96-1.02 relates to all the major highs we saw in the past (ie 1.60, 1.51, 1.49, 1.39). As I said, time is more important, but if we get there, it should certainly provide a significant Low..

Panos Papadopoulos
Panos Papadopoulos Mar 04, 2015 08:44PM GMT
A few days ago I made the following comment : ''For the USD the next major key dates are (+/- 3days): 24-25th of February and 18-23March. The strongest trends always beging around the end of a long-term cycle.''. The Euro turned down exactly on the fist time band. Right now the Euro is trading below the major φ level. For those who think that the Euro is a buy here please read my comment on the USD. The initial major target remains at the 0.96-1.02 level.
anwar anwar
anwar anwar Mar 04, 2015 08:46PM GMT
thanks for your comments panos - in your opinion are you suggesting to hold off buying euros? if so do you believe it'll go up or down against the dollar?
Panos Papadopoulos
Panos Papadopoulos Mar 04, 2015 09:02PM GMT
@anwar anwar: I am interested only in the daily/weekly/monthly charts. Based on the behavior of the Euro against critical TIME dates I definetely expect the euro to do down. If the USD closes above 96 on the weekly chart that means that Euro will suffer. The next important time band is between 19-23 March.
anwar anwar
anwar anwar Mar 04, 2015 09:16PM GMT
@panos - cheers appreciate it.
Panos Papadopoulos
Panos Papadopoulos Mar 04, 2015 10:59PM GMT
You are welcome.
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