EUR/USD
Member Since Jul 10, 2014
1117 posts
Jun 01, 2015 at 17:51
EUR/USD could not break above the resistance at 1.1007 and moved to the downside again, only to bounce off the support at 1.0880. I think the pair will start climbing towards the resistance at 1.1007 to test it again.
Jun 01, 2015 at 19:56
The attempts of the euro for appreciation was limited in 89-day SMA and the psychological level 1.1000. The pair traded at the foothills of these key resistances in the last two days of last week, but failed to climb above them.
Today the advantage is on the side of the dollar, and the price is headed towards support at 1.0860, and then to the bottom of 27 May at 1.0815.
Today the advantage is on the side of the dollar, and the price is headed towards support at 1.0860, and then to the bottom of 27 May at 1.0815.
Member Since Jun 08, 2014
454 posts
Jun 01, 2015 at 20:08
EUR/USD rebounded from the resistance 1.1000 and dropped almost 100 pips now price again over 1.0900 and heading to test the resistance again.
Jun 01, 2015 at 20:30
Quote from Valeria Bednarik, chief analyst at FXStree: ''There were also some rumors on a Greek deal to be announced later on today, that triggering an EUR/USD rally up to 1.0945 after the pair fell as low as 1.0890 mid European morning.'' But the rumors are still to be confirmed.
Member Since Oct 11, 2013
775 posts
Jun 02, 2015 at 03:40
The 1.0900 level is still a good support for the EURUSD.
forex_trader_252532
Member Since May 27, 2015
10 posts
Jun 02, 2015 at 07:06
We have weekly support @ 1.07.. and crack of euro from 1.1065 has really a blow to bulls... Only daily closing above 1.1065 and clear break of 1.11 will bring bulls back in game.. and if euro remains below 1.10 then we will soon see 1.072/1.07.
Its nice to see 4hr chart of usd/chf as well.. now trading above neckline support of double bottom on 4hr chart.. giving more upside signals..
P.s. note since the day usdchf closed daily above 0.9357 which is neckline support of double bottom.. it never closed daily below it... so a very bullish signal.. no matter how much consolidation.. i see euro down and usdchf up.
Its nice to see 4hr chart of usd/chf as well.. now trading above neckline support of double bottom on 4hr chart.. giving more upside signals..
P.s. note since the day usdchf closed daily above 0.9357 which is neckline support of double bottom.. it never closed daily below it... so a very bullish signal.. no matter how much consolidation.. i see euro down and usdchf up.
Jun 02, 2015 at 07:22
Last week was the fall in EUR / USD.
On Monday he met the resistance of 1.1000 and the moving average 50 days.
There may be extensions to the area of 1.0665.
The momentum studies confirm this possibility because the RSI resistance found near his line 50 and reversed in decent order, while the MACD, already negative, seems to be willing to go beyond its signal line in the near future.
On Monday he met the resistance of 1.1000 and the moving average 50 days.
There may be extensions to the area of 1.0665.
The momentum studies confirm this possibility because the RSI resistance found near his line 50 and reversed in decent order, while the MACD, already negative, seems to be willing to go beyond its signal line in the near future.
Member Since Apr 08, 2014
1141 posts
Jun 02, 2015 at 08:01
EURUSD fell on yesterday session after reaching the 10 and 50 day moving averages but closed in the middle of the daily range suggesting that the downward move is not strong enough to continue. So we may expect some consolidation until Friday where is expected the release of the US non-farm payrolls and the unemployment rate data.
"I trade to make money not to be right."
Member Since Nov 19, 2014
169 posts
Jun 02, 2015 at 16:19
EURO USD VIDEO ANALYSIS
This pair still pulling back after hitting what is called the Breakout Equivalent of the Pennant that started the bearish move. Right now we need to see a Bearish U-turn that takes out these Bullish Candles to resume the major downtrend and Consolidation Breakout.
This pair still pulling back after hitting what is called the Breakout Equivalent of the Pennant that started the bearish move. Right now we need to see a Bearish U-turn that takes out these Bullish Candles to resume the major downtrend and Consolidation Breakout.
Trade Less, Earn More
Member Since Jul 10, 2014
1117 posts
Jun 02, 2015 at 17:09
EUR/USD broke above the resistance at 1.1007 and climed over 150 pips today. The pair is likely headed for target 1.1440 to test the resistance at that level.
Jun 02, 2015 at 19:39
EUR / USD had a bearish trend yesterday and bottomed at 1.0886. Trade signals show downward movement in order to test 1.0850 - 1.0800. The nearest resistance could be around 1.0965. A clear break above that area could lead price to neutral zone testing 1.1000 - 1.1050. A bearish scenario at this phase is very possible and any upward pressure should be seen as an opportunity to short positions around 1.0670.
Member Since Jun 08, 2014
454 posts
Jun 02, 2015 at 19:55
EUR/USD had a good jump today 200 pips once 1.0900 was broken and now price is rebounding from resistance 1.1180 in the end of the day.
Member Since Oct 27, 2014
53 posts
Jun 03, 2015 at 06:25
(edited Jun 03, 2015 at 06:25)
Wath was happening with 1.11774 ??
Jun 03, 2015 at 07:24
The EURUSD rebounded slightly after touching at the lower limit of a bullish trend channel.
The main scenario remains bearish.
So if the EURUSD correct significantly above the lower limit of the band, is no stranger to observe the active quoting in the region of 1.11 or more (approximately 50% of fibonacci shrinkage).
The main scenario remains bearish.
So if the EURUSD correct significantly above the lower limit of the band, is no stranger to observe the active quoting in the region of 1.11 or more (approximately 50% of fibonacci shrinkage).
Member Since May 18, 2015
118 posts
Jun 03, 2015 at 07:26
What is amazing is no one predicted this. You can tell that no one seen this coming as everyone is calling this a 'manipulated stop hunt'. When will be realize that the market doesn't need PR to move in any direction?
My avatar explains "social trading" perfectly.
Member Since Apr 08, 2014
1141 posts
Jun 03, 2015 at 08:17
On yesterday session the EURUSD rallied over 200 pips through a series of fundamental and technical catalysts and closed near the high of the day with a wide range day. The currency is now trading in a resistance zone, from 1.1097 up to 1.1236, so today we may expect a narrow range day consolidating the previous day move.
"I trade to make money not to be right."
