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victoriajensen
Feb 10 2017 at 15:02
1117 posts
EUR/USD has almost reached 1.0600. While it is possible for it to bounce off from that level, a breakout below it would probably lead to a further drop towards 1.0540 - 1.0530.

rosentray
Feb 12 2017 at 20:19
277 posts
EUR/USD's next week should be interesting!

csc2009
Feb 12 2017 at 23:07
834 posts
After President Trump's 'phenomenal' tax reform promise supporting dollar strength, the pair take turn to the downside, immediate support zone around 1.0620/00.

csc2009
Feb 12 2017 at 23:07
834 posts
rosentray posted:
EUR/USD's next week should be interesting!


There are no important data scheduled next week in Europe and US, focus stay on political headlines, another word: ''Trump''.

snapdragon1970 (snapdragon1970)
Feb 13 2017 at 00:04
1944 posts
Who knows what he will tweet this week, I think the plan is to make the dollar cheaper and lower Tax for business, re word immigration plan.

"They mistook leverage with genius".
FXWES
Feb 13 2017 at 07:12
675 posts
The EUR/USD pair closer lower last week in correction mode. In case of continuation of the downwad trend, we may expect break of the support line at 1.0550.

kmmafzal
Feb 13 2017 at 07:19
1 posts
600 is a resistance, may go down tk 550 but my sentiments are up till 780

FXWES
Feb 13 2017 at 07:45
675 posts
The EUR/USD pair closer lower last week in correction mode. In case of continuation of the downwad trend, we may expect break of the support line at 1.0550.

honeill (honeill)
Feb 13 2017 at 09:27
1141 posts
On the last Friday’s session the EURUSD initially fell but found enough buying pressure around the 50-day moving average to trim some of its losses and closed in the middle of the daily range, although the currency pair managed to close below Thursday’s range, which suggests a bearish momentum.

The currency pair is trading above the 50-day moving average that should act as dynamic support plus remains trading below the 10 and 200-day moving averages both should act as dynamic resistances.

The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, the 10-day moving average at 1.0730 (resistance), a daily support at 1.0622, the 50-day moving average at 1.0598 (support) and a daily support at 1.0462.

"I trade to make money not to be right."
MC85
Feb 13 2017 at 09:30
48 posts
The pair starts this week in a bullish sentiment breaking initial resistance at 1.0640, however MACD and RSI indicate still a bearish overall trend. I would also watch for a support at 1.0620 and a major resistance at 1.0670.

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