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arigoldman (arigoldman)
Jun 11 2017 at 19:14
907 posts
Expecting a move down this week. Probably to 1.1070.

Devhuti
Jun 12 2017 at 04:10
94 posts
The EURUSD was corrected lower last week bottomed at 1.1166. The bias is bearish in nearest term. Price fell below the trend line support as you can see on my H4 chart below suggests a potential bearish pullback but as long as stay above 1.1080 I remain bullish and any downside pullback should be seen as a good opportunity to buy. Immediate support is seen around 1.1160. A clear break below that area could trigger further bearish pressure testing 1.1080 area which is a good place to buy with a tight stop loss. Immediate resistance is seen around 1.1250 but key resistance is seen around 1.1285 which need to be clearly broken to the upside to continue the bullish scenario testing 1.1350 or higher

honeill (honeill)
Jun 12 2017 at 09:10
1141 posts
On the last Friday’s session the EURUSD initially fell with a narrow range but found enough buying pressure to trim most of its losses and closed near the high of the day, in addition the currency pair managed to close below Thursday’s low, which suggests a weak bearish momentum.

The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.

The key levels to watch are: a Fibonacci extension at 1.1373 (resistance), other Fibonacci extension at 1.1291 (resistance) , the 10-day moving average at 1.1239 (resistance), a daily resistance at 1.1237, a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).

"I trade to make money not to be right."
victoriajensen
Jun 12 2017 at 12:12
1117 posts
EUR/USD continues consolidating sideways, as it is evident on the daily time-frame. A breakout above 1.1230 will likely lead to a further move to the upside towards 1.1280 again.

honeill (honeill)
Jun 13 2017 at 09:35
1141 posts
On yesterday session, the EURUSD went back and forward without any clear direction and closed in the middle of the daily range, plus the currency pair closed within Friday’s range, which suggests being clearly neutral, neither side is showing control.

The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.

The key levels to watch are: a Fibonacci extension at 1.1373 (resistance), other Fibonacci extension at 1.1291 (resistance) , the 10-day moving average at 1.1237 (resistance), a daily resistance at 1.1237, a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).

"I trade to make money not to be right."
FXWES
Jun 13 2017 at 16:36
675 posts
EUR/USD fell today to 1.1190 but yet remains in tight range. Ahead of tomorrow’s FOMC meeting no changes are expected and the pair will consolidate around 1.12 mark.

honeill (honeill)
Jun 14 2017 at 05:16
1141 posts
On yesterday session, the EURUSD went back and forward again without any clear direction and closed in the middle of the daily range, plus the currency pair closed within Monday’s range, which suggests being clearly neutral, neither side is showing control.

The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.

The key levels to watch are: a Fibonacci extension at 1.1373 (resistance), other Fibonacci extension at 1.1291 (resistance) , the 10-day moving average at 1.1237 (resistance), a daily resistance at 1.1237, a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).

"I trade to make money not to be right."
victoriajensen
Jun 14 2017 at 12:09
1117 posts
The EUR/USD sideways consolidation above 1.1200 is getting tighter and tighter and it will likely end after the FOMC statement expected later today.

arigoldman (arigoldman)
Jun 14 2017 at 12:24
907 posts
EUR/USD appears stuck at 1.12 anticipating the interest rate decision. I think the USD will depreciate.

FXWES
Jun 14 2017 at 19:20
675 posts
EUR/USD jumped higher today, almost reaching US election level, but failed to surpass the key 1.13 mark and even went lower later. Current market price is 1.1212 and immediate resistance is seen at 1.1233. In case of breaking it, another move to the upside would be possible.

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