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deresel
Jun 08 2016 at 11:09
708 posts
The dollar hit a new four-week low against a basket of major currencies on Wednesday. The dollar index, which tracks the US currency against a basket of six major rivals, fell 0.05 percent to 93.779 after falling up to 93.695 - the lowest level since May 11. Euro rose by 0.06 percent to $ 1.1363.

deresel
Jun 08 2016 at 15:19
708 posts
On Wednesday EUR/USD rose 0.26% over 1.1400, keeping near the Monday at three-week high 1.1392.

victoriajensen
Jun 08 2016 at 16:31
1117 posts
EUR/USD is still very bullish. The next target is likely the resistance at 1.1430, and if it breaks out above that level it could reach 1.1500 again.

FXWES
Jun 09 2016 at 04:54
675 posts
On Wednesday session EUR/USD was trading in a tight 20 pips wide range. The pair added nearly 40 pips to a closing price of 1.1393. The intraday high was hit at 1.1410 which is a three-week high and the daily low was marked at 1.1354. Currently the pair remains limited by the psychological level at 1.1400, but the outlook is bulish. Possible break will target EUR/USD to 1.1465.

honeill (honeill)
Jun 09 2016 at 06:39
1141 posts
Yesterday EURUSD rallied with a wide range and closed near the high of the day, in addition managed to close above the previous day high, suggesting a strong bullish momentum.

The pair is trading above the 10, 50 and 200-day moving averages that are acting as dynamic supports.

The key levels to watch are: A daily resistance at 1.1556, other daily resistance at 1.1460, the 50-day moving average at 1.1301 (support) and a daily support at 1.1237.

"I trade to make money not to be right."
rosentray
Jun 09 2016 at 14:17
277 posts
The EUR/USD lost around 100 pips in today's session. Traders and investors were drawn again in the US dollar and the pair marked a low of 1.1306. Main trend on the short-term is yet to be determined.

victoriajensen
Jun 09 2016 at 16:07
1117 posts
Clearly there's no end to range in sight. The current move to the downside will likely continue until it reaches 1.1270, which is (MA)89 on the four-hour time-frame.

csc2009
Jun 09 2016 at 23:23
834 posts
The pair seems have lost it's upside momentum, but break below the support level at 1.1300 is still required for the confirmation of bearish trend.

honeill (honeill)
Jun 10 2016 at 06:35
1141 posts
Yesterday EURUSD plunged with a wide range, making a bearish engulfing pattern and closed near the low of the day, in addition managed to close below the previous day low, suggesting a strong bearish momentum.

The pair is trading above the 10, 50 and 200-day moving averages that are acting as dynamic supports.

The key levels to watch are: A daily resistance at 1.1556, other daily resistance at 1.1460, the 50-day moving average at 1.1300 (support), the 10-day moving average at 1.1276 and a daily support at 1.1237.

"I trade to make money not to be right."
Silk
Jun 10 2016 at 06:51
41 posts
I bought EUR/USD, I am loosing, shall I sell please?

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