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honeill (honeill)
Oct 23 2018 at 09:44
1141 posts
On yesterday session, the EURUSD initially rallied with a narrow range but found enough selling pressure near 10-day moving average to erase all of its gains and closed near the low of the day, however, closed within Friday’s range, which suggests being slightly on the bearish side of neutral.

The currency pair is trading below the 10, 50 and the 200-day moving averages, all should provide a dynamic resistance.

The key levels to watch: daily resistance at 1.1829, 61.8 Fibonacci expansion at 1.1795 (resistance), daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1601 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1518 (resistance) and a daily support at 1.1459 and a 2018 low at 1.1300 (support).

"I trade to make money not to be right."
snapdragon1970 (snapdragon1970)
Oct 23 2018 at 14:34
1944 posts
More sell off on the Euro,back down to earlier levels, 1.1450 will be first area of interest for Longs to come back in ,saying that Us stocks not so hot so a jump across to cash might do for now.

"They mistook leverage with genius".
arigoldman (arigoldman)
Oct 23 2018 at 16:02
907 posts
The Euro is trying to move higher. Hopefully we'll see another leg down this week. I'm looking to open a long at 1.1400.

snapdragon1970 (snapdragon1970)
Oct 23 2018 at 17:50
1944 posts
Eur/USD set up on my Long real account.

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"They mistook leverage with genius".
honeill (honeill)
Oct 24 2018 at 08:46
1141 posts
On yesterday session, the EURUSD went back and forward without any clear direction allowing it to closed in the middle of the daily range, in addition, managed to close within Mondays’ range, which suggests being clearly neutral, neither side is showing control.

The currency pair is trading below the 10, 50 and the 200-day moving averages, all should provide a dynamic resistance.

The key levels to watch: daily resistance at 1.1829, 61.8 Fibonacci expansion at 1.1795 (resistance), daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1596 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1596 (resistance) and a daily support at 1.1459 and a 2018 low at 1.1300 (support).

"I trade to make money not to be right."
Ararat
Oct 24 2018 at 10:12
10 posts
Euro starting to drop now. Broken below 1.1430. The break looks strong so far. If we get a retracement I will be going short and aiming for the support 1.1300 . Could be a good runner now

Justice1024
Oct 24 2018 at 12:29
210 posts
Eur/usd is approaching critical levels, formed since the beginning of 2015. On weekly chart, if it manages to break it, it could reach 1.06.

victoriajensen
Oct 24 2018 at 20:11
1117 posts
The pair is quite bearish indeed, but for now the question is whether it will break out below 1.1300.

ShamrockEire
Oct 25 2018 at 12:23
9 posts
The drop has stalled today but i expect further pressure downwards. I entered short at 1.1415 and will be aiming for the 1.13

honeill (honeill)
Oct 25 2018 at 14:37
1141 posts
On yesterday session, the EURUSD dived with a wide range and closed near the low of the day, in addition, managed to close below Tuesdays’ low, which suggests a strong bearish momentum.

The currency pair is trading below the 10, 50 and the 200-day moving averages, all should provide a dynamic resistance.

The key levels to watch: daily resistance at 1.1829, 61.8 Fibonacci expansion at 1.1795 (resistance), daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1589 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1483 (resistance) and a daily resistance at 1.1459 and a 2018 low at 1.1300 (support).

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