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DJFXSierra9
Jul 27 2018 at 07:00
14 posts
long EURUSD, although feels like the wrong side right now....looking for a test of 1.20 area before 1.10

honeill (honeill)
Jul 27 2018 at 08:41
1141 posts
On yesterday session, the EURUSD initially rose but found enough selling pressure to erase all of its gains and closed near the low of the day, in addition, managed to close below Wednesday’s low, which suggests a strong bearish momentum.

The currency pair closed below the 10 and the 50-day moving averages, both should provide a dynamic resistance, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1675 (resistance), the 50-day moving average at 1.1678 (resistance), a daily support at 1.1555 and year-to-date low at 1.1509 (support).

"I trade to make money not to be right."
arigoldman (arigoldman)
Jul 27 2018 at 10:06
907 posts
Pretty much a boring week for the pair. Consolidated around 1.1640.

arigoldman (arigoldman)
Jul 27 2018 at 14:15
907 posts
Slightly higher about an hour after the opening of the US session.

noxesu
Jul 29 2018 at 05:57
4 posts
honestly EURUSD is on it's way to end the week near its worst weekly levels unless todays US growth results surprise investors.


The sky's the limit
SarahDW
Jul 30 2018 at 06:02
229 posts
Eur/Usd continue its consolidation in the lower range around 1.165, showing no clear directional strength. The pair will lead to further downside only if break below the support level at 1.1570.

paidsignals
Jul 30 2018 at 06:05
93 posts
Bullish movement in this week

honeill (honeill)
Jul 30 2018 at 08:25
1141 posts
On the last Friday’s session, the EURUSD initially fell but found enough buying pressure to trim all of its losses and manage to close near the high of the day, however, closed within Thursday’s range, which suggests being slightly on the bullish side of neutral.

The currency pair trading below the 10 and the 50-day moving averages, both should provide a dynamic resistance, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1680 (resistance), the 50-day moving average at 1.1678 (resistance), a daily support at 1.1555 and year-to-date low at 1.1509 (support).

"I trade to make money not to be right."
paidsignals
Jul 30 2018 at 10:02
93 posts
The EURUSD had a bearish momentum last week bottomed at 1.1620. However, price is still trapped inside the triangle formation as you can see on my H4 chart below and we need a clear break from the triangle to see clearer direction. The bias is neutral in nearest term. Immediate resistance is seen around 1.1675. A clear break above that area could trigger further bullish pressure retesting the upper line of the triangle located around 1.1730/50 area which is a good place to sell with a tight stop loss. Immediate support is seen around the lower line of the triangle and 1.1600 – 1.1575 support area. A clear break below that area would retest 1.1500 key support which need to be clearly broken to the downside to resume the major bearish trend.

honeill (honeill)
Jul 31 2018 at 08:36
1141 posts
On yesterday session, the EURUSD rallied with a wide range and closed near the high of the day, in addition, managed to close above Friday’s high, which suggests a strong bullish momentum.

The currency pair closed above the 10 and the 50-day moving averages, both should provide a dynamic support, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, a key level at 1.1684 (support), the 10-day moving average at 1.1680 (support), the 50-day moving average at 1.1678 (support), a daily support at 1.1555 and year-to-date low at 1.1509 (support).

"I trade to make money not to be right."
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