To use chat, please login.
Back to contacts
honeill (honeill)
Sep 22 2016 at 06:36
1141 posts
Yesterday the EURUSD initially fell but found enough buying pressure to reverse and closed near the high of the day, although managed to close within the previous day range, which suggests being slightly on the bullish side of neutral.

The pair closed below all three moving averages 10, 50 and the 200-day that are acting as dynamic resistances.

The key levels to watch are: a 61.8% Fibonacci retracement at 1.1347 (resistance), a daily resistance at 1.1237, the 200-day moving average at 1.1200 (resistance), and a daily support at 1.1097.

"I trade to make money not to be right."
rosentray
Sep 22 2016 at 07:11
277 posts
EUR/USD is slightly up since yesterday's FOMC meeting when it became clear that the Fed is not raising rates this month. Market participants were not surprised by the decision so the market environment did not change much. CMP: 1.1234.

victoriajensen
Sep 22 2016 at 12:18
1117 posts
EUR/USD broke above 1.1200 and is currently testing 1.1245. A breakout above that level will likely lead to a further move to the upside towards 1.1300 again.

stian
Sep 22 2016 at 12:50
325 posts
Strong jobless data. Unemployment and participation data for the US next month will be interesting. If we see improvement, even a November hike could be on the table as Yellen said it is a live meeting with eyes on continued job improvements.

honeill (honeill)
Sep 23 2016 at 06:36
1141 posts
Yesterday the EURUSD initially rallied but found enough selling pressure at 1.1237 to give back to the market most of its gains but closed in the green however near the low of the day, in addition managed to close above the previous day high, which suggests a weak bullish momentum.

The pair closed above all three moving averages 10, 50 and the 200-day that are acting as dynamic resistances.

The key levels to watch are: a 61.8% Fibonacci retracement at 1.1347 (resistance), a daily resistance at 1.1237, the 200-day moving average at 1.1201 (support), and a daily support at 1.1097.

"I trade to make money not to be right."
rosentray
Sep 23 2016 at 10:24
277 posts
EUR/USD is trading met resistance in the face of 1.1250 and then pulled back to lower levels. The pair is now 1.1212 and bulls need to try once more if they want to get to next target at 1.1310. On the other hand, bears need to stay in the descending channel if they want to continue being in the driver's seat.

victoriajensen
Sep 23 2016 at 12:39
1117 posts
EUR/USD bounced off 1.1200 again after forming an inverted hammer candlestick above that support on the four-hour time-frame. Next target is likely the previous high at 1.1260.

csc2009
Sep 26 2016 at 00:40
834 posts
Eur/Usd remains in a tight range for the forth week, with less volatility, the pair might well kept in the limited range for now. Next immediate resistance level can be found at 1.1245 zone and follow by 1.1290/1.130.

rosentray
Sep 26 2016 at 05:51
277 posts
EUR/USD is trading slightly lower today opening at 1.1241 and currently trading at 1.1229. The pair might attempt to visit the resistance level at 1.13 and if that happens bears will probably make a move to depreciate price to lower levels. If not, bulls need to go above 1.1340 to confirm a breakout from the descending trend channel.

idimitrov
Sep 26 2016 at 06:33
421 posts
The euro rose against the dollar on Friday. By the close of US trading EUR / USD was trading at 1.1227, gaining 0.17%. I believe that the support is now located at the level of 1.1119, Wednesday's low and resistance is at the level of 1.1258 - the maximum of Thursday.

Please login to comment .