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arigoldman (arigoldman)
Oct 03 2016 at 11:49
907 posts
EUR/USD is trading in consolidation today as the pair seems to gravitate towards the 1.1230 level. Light volumes usually indicate that a move is either over or just accumulating new force to keep pushing in the same direction. First bull target 1.1280.

FXWES
Oct 03 2016 at 20:08
675 posts
EUR/USD was trading in tight range today, between 1.1204 and 1.1241. The pair closed modestly lower despite the suprisingly good EU macro data released today. In the short-term the pair is seen in neutral stance.

FXWES
Oct 04 2016 at 05:13
675 posts
The euro lost strength the US dollar on Monday, but the decline was not significant enough to break key levels. If bullish sentiment again prevail, resistance at 1.1284 will be tested. Support is located at 1.1149 and 1.1122.

honeill (honeill)
Oct 04 2016 at 06:28
1141 posts
Yesterday the EURUSD fell with a wide range and closed near the low of the day, in addition managed to close below the previous day low, which suggests a strong bearish momentum.

The pair closed below the 10 and 50-day moving average that should act as dynamic resistances and is still above the 200-day that is acting as dynamic support.

The key levels to watch are: a 61.8% Fibonacci retracement at 1.1347 (resistance), 50% Fibonacci retracement at 1.1264, a daily resistance at 1.1237, the 200-day moving average at 1.1202 (support), a Fibonacci retracement at 1.1181 (support) and a daily support at 1.1097.

"I trade to make money not to be right."
FXWES
Oct 04 2016 at 08:05
675 posts
The euro lost strength the US dollar on Monday, but the decline was not significant enough to break key levels. If bullish sentiment again prevail, resistance at 1.1284 will be tested. Support is located at 1.1149 and 1.1122.

arigoldman (arigoldman)
Oct 04 2016 at 08:06
907 posts
EUR/USD is trading lower today after yesterday's loss. The pair continues its move down making a low of 1.1190. It appears that bears are regaining control over the pair. First bear target can be expected at 1.1152. First resistance can be expected at 1.1242.

victoriajensen
Oct 04 2016 at 12:49
1117 posts
EUR/USD reached the support at 1.1150 and bounced off of it, but it is very likely to continue dropping, especially considering the doji candlestick that has formed on the weekly time-frame.

honeill (honeill)
Oct 05 2016 at 06:31
1141 posts
Yesterday the EURUSD initially fell but found enough buying pressure to reverse but closed in the middle of the daily range, in addition managed to close below the previous day low, which suggests a bearish momentum.

The pair closed below the 10 and 50-day moving average that should act as dynamic resistances and is still above the 200-day that is acting as dynamic support.

The key levels to watch are: a 61.8% Fibonacci retracement at 1.1347 (resistance), 50% Fibonacci retracement at 1.1264, a daily resistance at 1.1237, the 200-day moving average at 1.1202 (support), a Fibonacci retracement at 1.1181 (support) and a daily support at 1.1097.

"I trade to make money not to be right."
FXWES
Oct 05 2016 at 06:54
675 posts
The story of the day is that ECB is close to consensus on ending its bond-buying program before it ends next year in March. Then EUR/USD pair was sloping between 1.11365 and 1.1238 until again find its well know place around 1.1200 mark.

arigoldman (arigoldman)
Oct 05 2016 at 07:56
907 posts
Calm day so far for the EUR/USD. The pair has been trading in a range of 1.1220-1.1200 as there isn't anything strong enough to motivate either of the camps. We have been gliding on the resistance level for a several days now and this might be an indicator that a move down is probable.

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