EUR/USD
Member Since Apr 08, 2014
1141 posts
Jul 28, 2015 at 09:13
Yesterday the EURUSD rallied and close near the high of the day with a wide range, although failed to close above the 50-day moving average. Due to the wide range day observed yesterday, we may expect that the currency today makes a narrow range or even create an inside day. Key levels to watch today are: the 50-day moving average (resistance) at 1.1114, a daily resistance at 1.1097, Fibonacci levels the 38.2% (support) at 1.1058 and the 50% (support) at 1.0955.
"I trade to make money not to be right."
Member Since Jun 08, 2014
454 posts
Jul 28, 2015 at 19:37
EUR/USD in the daily chart is supported by the MVA 20 and the high of yesterday candle act as a resistance.
Member Since May 18, 2015
118 posts
Jul 29, 2015 at 06:33
sherifFares posted:
EUR/USD in the daily chart is supported by the MVA 20 and the high of yesterday candle act as a resistance.
Thank you so much for the information. Now, how can that information help us move forward?
My avatar explains "social trading" perfectly.
forex_trader_186239
Member Since Apr 15, 2014
224 posts
Jul 29, 2015 at 06:36
Purely technical oscillations, very dangerous EUR/USD random behaviour.
Jul 29, 2015 at 07:58
The single currency registered a decrease against the US dollar yesterday, which wiped out part of the accumulated advantage on Monday. The euro depreciated by nearly 30 pips to a closing price of 1.1058. The daily limit values were recorded respectively at 1.1099 and 1.1021. Despite the retreat of the currency pair, attitudes in the short term remain positive. Keeping the support at 1.1020 will confirm the corrective character of the movement.
Member Since Apr 08, 2014
1141 posts
Jul 29, 2015 at 09:35
Yesterday the EURUSD pair moved back and forward with lack of direction closing in the red near the open of the day with a narrow range day, creating an inside day. This type of day is often used to signal indecision about the future direction of the currency as the market waits for the Fed's Monetary Policy Statement later today.
"I trade to make money not to be right."
Member Since Jul 18, 2015
2 posts
Jul 29, 2015 at 10:23
1,10303 D1 S/R zone. EUR/USD is testing it. There is demand zone too, price may bounce up to 1,10788. On break it would stop on H1 S/R zone on 1,10042
Trh jako cesta sebepoznání.
Member Since Jul 10, 2014
1117 posts
Jul 29, 2015 at 15:24
EUR/USD bounced off the resistance at 1.1100 that coincides with the (89)MA on the daily filter chart and is descending towards the support at 1.0980. That said, the FOMC rate decision later today will probably provoke quite a bit of volatility on the market so nothing is certain.
Member Since Jun 08, 2014
454 posts
Jul 29, 2015 at 20:32
The Fed has upgraded their assessment for the economy which is going to be a step forward to the rate increase, USD was effected today by those data from the FOMC.
forex_trader_186239
Member Since Apr 15, 2014
224 posts
Jul 30, 2015 at 06:27
Channel movements from 1.1000 to 1.1100
forex_trader_186239
Member Since Apr 15, 2014
224 posts
Jul 30, 2015 at 06:30
1.0900 is not too far now
Member Since Jan 28, 2014
41 posts
Jul 30, 2015 at 07:15
what will happen euro news after 40 minute
Jul 30, 2015 at 09:32
The break below 1.1020 led to a new depreciation, as the support at 1.0925 has the potential to provoke reversion to new bullish wave towards 1.1216. The expectation here is a counter-trend, for reversion and a break of the critical 1.1080.
Member Since Apr 08, 2014
1141 posts
Jul 30, 2015 at 09:44
Yesterday EURUSD fell and close near the low of the day on a wide range day as the Federal Reserve indicated that interest rates could rise in the coming months, possibly as early as September, if the labor market continues to strengthen. Key levels to watch today are: the daily resistance at 1.1097, the 50% Fibonacci level (support) at 1.0955 and the 61.8% Fibonacci level (support) at 1.0860.
"I trade to make money not to be right."
Member Since Jul 10, 2014
1117 posts
Jul 30, 2015 at 17:23
EUR/USD finally broke below the support at 1.0980 visible on the daily filter chart. The pair will likely continue descending towards the previous low at 1.0800.
Member Since Jun 08, 2014
454 posts
Jul 30, 2015 at 18:07
EUR/USD is still Bearish I am going short under 1.099 with target 1.0850.
