To use chat, please login.
Back to contacts
deresel
Apr 10 2018 at 09:44
708 posts

The single currency recorded a positive session against the US dollar on Monday. The currency pair opened at 1.2283 and the price bounced from the first support at 1.2260. After all, the euro ended at 1.2320 and if bullish sentiment continues, perhaps there will be a resistance test at 1.2370.

deresel
Apr 10 2018 at 09:47
708 posts
EUR/USD
Key levels to watch for:
Support: 1.2260; 1.2070;
Resistance: 1.2370; 1.2560;

Justice1024
Apr 10 2018 at 11:22
210 posts
The euro/dollar had another minor move past week. On the weekly chart, we have 6 consecutive unspecified candles indicating a volatile market. Short-term expectations remain downwards for testing 1.2175. This region is a good for placing long positions with narrow stops of loss. Immediate resistance is 1.2320. A clear break above this level could lead to future upward pressure testing 1.2385. Intraday support we have at 1.2220, whose breakthrough can cause downward pressure to test 1.2175. Only a clear break under 1.2175, however, will end the major bullish prospects.

honeill (honeill)
Apr 11 2018 at 10:06
1141 posts
On yesterday session, the EURUSD went back and forward without any clear direction but managed to close near the high of the day, in addition closed above Mondays’ high, which suggests a strong bullish momentum.

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

The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (resistance), the 50-day moving average at 1.2331 (support), the 10-day moving average at 1.2302 (support), a daily support at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).

"I trade to make money not to be right."
BrianHarris96
Apr 11 2018 at 13:43
191 posts
Eurusd spot1.2372

Still in a consolidation mode.

Close above 1.2435 will re-test at least 1.2537.

Below 1.2214 will argue for a long term uptrend eroded.



Attachments:


BrianHarris96
Apr 12 2018 at 06:53
191 posts
o change to the triangle consolidation view.

If today close above 1.2394/2400 will be the first sign of uptrend acceleration.

Close below 1.2337 will be the first pullback sign.




Attachments:


honeill (honeill)
Apr 12 2018 at 09:27
1141 posts
On yesterday session, the EURUSD initially rose but found enough selling pressure to trim most of its gains but closed in the green, in the middle of the daily range, in addition managed to close within Tuesdays’ range, which suggests being clearly neutral, neither side is showing control.

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

The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (resistance), the 50-day moving average at 1.2330 (support), the 10-day moving average at 1.2302 (support), a daily support at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).

"I trade to make money not to be right."
Flash_Trader (Flash_Trader)
Apr 12 2018 at 13:32
26 posts
The key point for EUR/USD H4.
The price touched 1.2328 support and will now form a correction between the upper limit of the downtrend and the bottom of the upward (higher) trend.
If the upper limit of the downtrend is broken, then we can talk about the continuation of the uptrend. If the price breaks the lower level of the uptrend, then there will be a continuation of the trend down to the level of 1.2240




Attachments:


mmafxbook (mmafxbook)
Apr 13 2018 at 07:11
165 posts
I believe the EU has found support and we should be heading to 1.2394 and if we close strongly above that for 1.2504,God-willing.The TA is backed by Fri NFP and the EUR news today in my view.

to turn humble investments into huge fortune with minimal risk ...
BrianHarris96
Apr 13 2018 at 07:20
191 posts
EURUSD

Still in the triangle consolidation mode.

But a potential non-classic evening star is falgged on daily chart.

Also RSI failed to break the downtrend line.

We see potential short term downside risk.

If so, today will not touch or close above 1.2354/61 and ideally close below 1.2296.



Attachments:


Please login to comment .