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snapdragon1970 (snapdragon1970)
Jul 04 2016 at 16:43
1944 posts
rosentray posted:
EUR/USD is trading close to unchanged in today's session. No news and market movers creat a calm environment where consolidation is present. Until we get fresh news, price would probably gravitate towards 1.1140.

Consolidation=Order stacking ;)

"They mistook leverage with genius".
Jul 04 2016 at 22:21
834 posts
US holiday, low volume day, the pair seems remain in the last Friday range and upside limited below 1.116 zone.

Jul 05 2016 at 05:21
774 posts
The 200 day EMA on the EURUSD is still around the 1.1200 level, making that zone a good resistance.

Jul 05 2016 at 05:28
675 posts
The single currency marked a modest rise against the US dollar on Monday. The pair opened at 1.1129 and closed just 24 pips higher. The intradau high was reached at 1.1159. On the upward the first resistance is located at 1.1286. Key support remains 1.1100.

Jul 05 2016 at 07:49
5 posts
Opened a short.


Emotional balance is the most important aspect for a trader.
Jul 05 2016 at 07:49
5 posts
If it comes my way I'll book @ 1140. Else will exit if H4 closes above 1170.

Emotional balance is the most important aspect for a trader.
honeill (honeill)
Jul 05 2016 at 07:57
1141 posts
Yesterday EURUSD initially fell but found enough support at 1.097 to turn around, closing near the high of the day, in addition managed to close within the previous day range, which suggests being slightly on the bullish side of neutral.

The pair managed to close above the 10-day moving average and continues to trade above the 200-day moving average that is acting as a dynamic support but continues trading below the 50-day moving average is acting as dynamic resistance.

The key levels to watch are: A daily resistance at 1.1237, the 50-day moving average at 1.1235 (resistance), the 10-day moving average at 1.1105 (support), a daily support at 1.1097, the 200-day moving average at 1.1092 (support) and Fridays low at 1.0912 (support).

"I trade to make money not to be right."
Jul 05 2016 at 09:39
1117 posts
EUR/USD reached 1.1180 as I thought it would but it also bounced off of it immediately and now the pair is back in the zone between 1.1130 - 1.1150, forming a tight range, as it has done since Friday.

Jul 05 2016 at 11:33
277 posts
The EUR/USD reached its highest point in today's session going to 1.1186. After the peak the pair was immediately depreciated and is now trading at 1.1156. Current market price appears to be in the middle of today's low and high and if it continues like this we might expect further depreciation.

Jul 06 2016 at 05:27
675 posts
The single currency marked a sharp drop against the dollar on Tuesday. The pair opened at 1.1152 and the euro lost 77 pips. After a volatile session, the price managed to break through the first support at 1.1100. If the movement to the downward continue, we can expect a breakthrough of the support at 1.0980.

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