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FXWES
Sep 01 2016 at 16:47
675 posts
ISM manufacturing report surprised with poor numbers and pushed the single currency to highest level for the last three days and marked an intraday high at $1.12.

rosentray
Sep 02 2016 at 06:24
277 posts
The EUR/USD is trading higher since yesterday evening, The pair reached a bit above 1.12 and is now 1.1196. The pair is consolidating before the key report scheduled for later today.

idimitrov
Sep 02 2016 at 06:32
421 posts
The euro rose against the dollar on Thursday. By the close of the American session, EUR/USD was trading at 1.1197, gaining 0.36%.
I believe that the support is now located at the level of 1.1121, Wednesday's low and resistance will be at the level of 1.1208 - Monday's high.

honeill (honeill)
Sep 02 2016 at 06:42
1141 posts
Yesterday the EURUSD initially fell but yet again found enough support at the 50-day moving average to trim all its losses and closed near the high of the day, in addition managed to close above the previous day high, which suggests a strong bullish momentum.

The pair is trading below the 10-day moving average that is acting as a dynamic resistance and is trading above the 50 and 200-day moving averages that are acting as dynamic support.

The key levels to watch are: a daily resistance at 1.1237, the 10-day moving average at 1.1224 (resistance), the 200-day moving average at 1.1172 (resistance), the 50-day moving average at 1.1135 (support) and a daily support at 1.1097.

"I trade to make money not to be right."
deresel
Sep 02 2016 at 07:11
708 posts
Key levels to watch for:
Support: 1.1105; 1.1045; 1.0955;
Resistance: 1.1235; 1.1355; 1.1445.

FXWES
Sep 02 2016 at 08:51
675 posts
EUR/USD showed strongest performance for the the three weeks. The euro added around 40 pips to closing price of 1.1196. Anyway breaking 1.1235 would confirm the dominance of the bulls. Support is een at 1.1105 and resistance is located at 1.1235.

victoriajensen
Sep 02 2016 at 10:17
1117 posts
EUR/USD found some resistance at 1.1210 which coincides with (MA)89 on the four-hour time-frame and moved to the downside after forming a doji candlestick on the same time-frame. Whether it will continue falling depends on the fundamentals coming out today.

stian
Sep 02 2016 at 12:44
325 posts
Not only did the NFP disappoint (which the August numbers usually do), but Average Weekly Hours feel too. Time to (sadly) write off a September rate hike.

idimitrov
Sep 02 2016 at 14:15
421 posts
Unexpected disappointing NFP led EUR/USD to 1,1250, but the pair returned back to 1,1200 area.

csc2009
Sep 04 2016 at 08:42
834 posts
idimitrov posted:
Unexpected disappointing NFP led EUR/USD to 1,1250, but the pair returned back to 1,1200 area.


Yes, Euro is also weak, since the pair could not hold above 1.1200 level, risk remains on the downside. Important support level can be seen around 1.112.

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