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honeill (honeill)
May 16 2017 at 07:55
1141 posts
On yesterday session, the EURUSD rallied with a wide range and closed near the high of the day, in addition the currency pair managed to close above Friday’s high, which suggests a strong bullish momentum.

The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.

The key levels to watch are: a daily resistance at 1.1097, Year high at 1.1021 (resistance), a key level at 1.0970 (support), the 10-day moving average at 1.0940 (support) and a daily support at 1.0900.

"I trade to make money not to be right."
victoriajensen
May 16 2017 at 14:44
1117 posts
EUR/USD has broken out well above 1.1020 and has formed a new high, the closest target is at 1.1100, but it will likely rise much higher than that.

FXWES
May 16 2017 at 18:50
675 posts
Today the EUR/USD marked highest level since November 9 at 1.1095, supported by the good numbers from the macro data from the euro zone and the weak one from USA. Seems that bulls are determined to conquer the psychological level at 1.1100 and next target is seen at 1.1140.

Loic Hellard
challenger
May 17 2017 at 06:36
129 posts
so risky to take ant trade yet

Loic Hellard
challenger
May 17 2017 at 06:37
129 posts
it can crash 200pips in a single H1

incriptat
May 17 2017 at 06:37
1 posts
honeill (honeill)
May 17 2017 at 07:10
1141 posts
On yesterday session, the EURUSD rallied but this time with a wide range and closed near the high of the day, in addition the currency pair managed to close above Monday’s high, which suggests a strong bullish momentum.

The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.

The key levels to watch are: a daily resistance at 1.1237, other daily resistance at 1.1097, previous wing high at 1.1021 (support), a key level at 1.0970 (support) and the 10-day moving average at 1.0957 (support).

"I trade to make money not to be right."
victoriajensen
May 17 2017 at 15:12
1117 posts
EUR/USD continued moving to the upside today and it is already at 1.1150. It will likely reach 1.1200 in the near future and probably continue rallying towards 1.1300.

FXWES
May 17 2017 at 19:22
675 posts
This Wednesday caused risk aversion all over the financial space having in mind that US assets were set under huge pressure amid Trump’s latest scandals. Following this the EUR/USD pair marked fresh new high at 1.1150. It seems that now euro bulls dominate the trend.

Cryptocurrency (Cryptocurrency)
May 18 2017 at 00:24
178 posts
The EUR/USD is way overbought. 300+ pips potential to the downside for EUR/USD.




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I trade Forex using my Bollinger Trend PRO mt4 indicator.
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