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snapdragon1970 (snapdragon1970)
Jan 20 2016 at 00:19
1944 posts
My student caught 60 points today out of 80 on eur/usd,her training is paying off.

"They mistook leverage with genius".
FXWES
Jan 20 2016 at 08:24
675 posts
The euro recorded a modest increase against the US Dollar on Tuesday. The session started at 1.0890 ended just 16 pips higher. Daily extreme values were reached respectively at 1.0859 and 1.0938. If the euro continues to move upward, we can expect an attempt to test the first resistance at 1.0975.

honeill (honeill)
Jan 20 2016 at 08:48
1141 posts
On yesterday session the EURUSD went back and forward without any clear direction but closed in the green, in the middle of the daily range, in addition managed to close within the previous day range, suggesting that the pair should continue with the consolidation.

The pair closed above the 10 and the 50-day moving averages that are acting as a dynamic support.

The key levels to watch are: 200-day moving average at 1.1047 (resistance), previous swing high at 1.0984 (resistance), 10-day moving average at 1.0898 (support), the 50-day moving average at 1.0844 (support) and the last swing low at 1.0805 (Support).

"I trade to make money not to be right."
victoriajensen
Jan 20 2016 at 17:18
1117 posts
EUR/USD is testing 1.0900 again, but I don't see it falling past 1.0860 before the ECB press-conference tomorrow.

sherifFares
Jan 20 2016 at 18:38
454 posts
For more than a week there is no chance on the EUR/USD, The trading range is tight and the pair is trading sideways.

Abdul2012
Jan 20 2016 at 20:13
413 posts
The EUR/USD tested 1.0984 resistance level today but unsuccessfully could not pass over it and fell under the 1.0900 level and the pair keep on moving in the same range.

deresel
Jan 20 2016 at 21:18
708 posts
EUR/USD rose on Tuesday, staying near month peak against the backdrop of ever more likely that the Federal Reserve may slow the second rise in interest rates after the International Monetary Fund lowered its global economic growth forecasts for the year.

csc2009
Jan 20 2016 at 22:56
834 posts
The pair is bouncing around 1.0900 level and is still directionless, let's see what will happen with the ECB press-conference tomorrow.

lostinforex
Jan 21 2016 at 08:03
3 posts
sherifFares posted:
For more than a week there is no chance on the EUR/USD, The trading range is tight and the pair is trading sideways.


I guess you can still try to trade within the range (buy low, sell high) if you want to stick with EURUSD. But not something I do myself.
As I found there are so many other pairs trending so well. :)

FXWES
Jan 21 2016 at 08:23
675 posts
On Wednesday session the single currency recorded a modest decline against the US dollar. After a volatile session the euro lost 18 pips. The pair failed to break the range in which was traded recently. A significant challenge for the pair downwards appear at levels 1.0854 and a possible breakthrough will enable the continuous decrease.

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