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rosentray
Sep 12 2016 at 07:04
277 posts
The EUR/USD lost some of its gains on Friday when expectations rose that a rate hike is probable in September. The pair made a low of 1.1198 in the afternoon hours of the European session and recovered slightly to a closing weekly price of 1.1231. Current market price 1.1252.

victoriajensen
Sep 12 2016 at 11:04
1117 posts
EUR/USD bounced off 1.1210 today and just formed a hammer candlestick on the one-hour time-frame, so it is very likely for the move to the upside to continue.

rosentray
Sep 13 2016 at 05:25
277 posts
EUR/USD continues to trade in the range between 1.13 and 1.1120. The pair is currently trading at 1.1235. No news will be moving the market today so we might be in for a technical Tuesday.

FXWES
Sep 13 2016 at 05:39
675 posts
The single currency posted a volatile session against the dollar on Monday. But after all the opening price is near closing price, 1.1229 and 1.1233 respectively. The pair varied in a wide range as theintraday high was reached at 1.1267. If the euro justify negative expectations in the short term, the support 1.1197 will be overcome.

honeill (honeill)
Sep 13 2016 at 06:40
1141 posts
Yesterday the EURUSD went back and forward without any clear direction and closed in the middle of the weeks range, in addition managed to close within the previous day range, which suggests being clearly neutral, neither side is showing control.

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

The key levels to watch are: a daily resistance at 1.1460, a 61.8% Fibonacci retracement at 1.1347 (resistance), a daily support at 1.1237, the 10-day moving average at 1.1210 (support), and a daily support at 1.1097.

Warning: today we will have ECB president Draghi speech so expect high volatility for today’s trading day.

"I trade to make money not to be right."
victoriajensen
Sep 13 2016 at 11:55
1117 posts
Unfortunately all fundamentals have been causing lately is whipsaws. Consolidation continues and there's no signal it will end anytime soon.

honeill (honeill)
Sep 14 2016 at 06:33
1141 posts
Yesterday the EURUSD went back and forward without any clear direction again and closed in the middle of the daily range, in addition managed to close within the previous day range, which suggests being clearly neutral, neither side is showing control.

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

The key levels to watch are: a daily resistance at 1.1460, a 61.8% Fibonacci retracement at 1.1347 (resistance), a daily resistance at 1.1237, the 10-day moving average at 1.1212 (support), and a daily support at 1.1097.

"I trade to make money not to be right."
FXWES
Sep 14 2016 at 06:48
675 posts
The euro marked slight decrease against the dollar on Tuesday. The session opened at 1.1234 with neutral trend in early trading hours. Bears prevailed in the late afternoon and the support at 1.1197 was tested after marking daily low at 1.1203. If expectations for further euro’s weakness justify, the key level will be overcome. Support is located at 1.1197 and 1.1156 and resistance is seen at 1.1284 and 1.1327.

rosentray
Sep 14 2016 at 06:53
277 posts
EUR/USD has been consolidating in the past few days with price caught in between 1.1280 and 1.1180. The pair is yet to pick a direction if either ways give in to the pressure caused by market participants.

victoriajensen
Sep 14 2016 at 12:05
1117 posts
EUR/USD has been caught in a tight range for days now and by the looks of it it will continue until the end of the week unless the fundamentals finally cause enough volatility to end it.

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