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EUR/USD
Sep 30, 2015 at 07:15
Member Since May 01, 2015
675 posts
The single currency remained unchanged against the dollar on Tuesday, ending the session at 1.1246. EUR/USD marked a movement within the extreme values at 1.1280 and 1.1194. The price remains above average values, while the index of relative strength - in positive territory, which currently support the bulls. A break of 1.1290 will however confirm the positive attitudes.
Member Since Apr 08, 2014
1141 posts
Sep 30, 2015 at 08:16
Member Since Apr 08, 2014
1141 posts
Yesterday the EURUSD went back and forward without any clear direction but managed to close in the green near the open of the day with a narrow range, creating a doji pattern.
The currency is still trading above the 10 and 50-day moving averages, which still is a good sign for the bulls is although the previous close showed some indecision.
The key levels to watch are 1.1460 (Resistance), 1.1237 previous resistance now support and the 10-day moving average at 1.1207 (Support).
The currency is still trading above the 10 and 50-day moving averages, which still is a good sign for the bulls is although the previous close showed some indecision.
The key levels to watch are 1.1460 (Resistance), 1.1237 previous resistance now support and the 10-day moving average at 1.1207 (Support).
"I trade to make money not to be right."
Member Since Oct 11, 2013
775 posts
Member Since Apr 08, 2014
1141 posts
Oct 01, 2015 at 07:53
Member Since Apr 08, 2014
1141 posts
Yesterday the EURUSD fell with a wide range and close in the red near the low of the day.
The currency closed below the 10 and 50-day moving averages, which is not a good sign for the bulls, looks like is going to test the daily support at 1.1097.
The key levels to watch are 1.1237 previous support now resistance, the 10-day moving average at 1.1187 (resistance), 1.1097 (support) and the 200-day moving average at 1.1077 (support).
The currency closed below the 10 and 50-day moving averages, which is not a good sign for the bulls, looks like is going to test the daily support at 1.1097.
The key levels to watch are 1.1237 previous support now resistance, the 10-day moving average at 1.1187 (resistance), 1.1097 (support) and the 200-day moving average at 1.1077 (support).
"I trade to make money not to be right."
Oct 01, 2015 at 08:36
Member Since May 01, 2015
675 posts
The single currency registered a decrease against the US dollar on Wednesday and was trading at a price of 1.1175 at the end of the session. Thus euro wiped out all of its gains since the beginning of the week. The daily extremes were reached respectively at 1.1260 and 1.1157. The price went below average values, while the index of relative strength remain in negative territory.
Member Since Jul 10, 2014
1117 posts
Oct 01, 2015 at 12:14
Member Since Jul 10, 2014
1117 posts
csc2009 posted:
Once the pair broke below 1.1200 level, Eur/Usd extends its decline to around 1.117. The immediate support can be found at 1.1160, break below it would lead to the strong support level at 1.1120.
I think we may even see it falling until it reaches the support at 1.1080.
Member Since Jun 08, 2014
454 posts
Oct 02, 2015 at 06:37
Member Since May 01, 2015
675 posts
On yesterday’s session the pair continued its downward movement from Tuesday. At the start of session bottomed at 1.1134 but finally the Euro managed to recover, recording moderate growth to a closing price of 1.1193. Additional gains were limited at 1.1208. Currently, the outlook remains neutral, as a break of the respective peak will open the opportunity to test the 100 period moving average at 1.1245. On the downside 1.1080 remains main target.
Member Since Apr 08, 2014
1141 posts
Oct 02, 2015 at 08:28
Member Since Apr 08, 2014
1141 posts
Yesterday the EURUSD initially fell but quickly found enough buying pressure to turn around and close in the green near the high of the day with a narrow range.
The currency did not had the strength to close above the 10 and 50-day moving averages, which is still sign of weakness to the upside and today we have the nonfarm payrolls data where is expected a rise in jobs of 203K the previous number was 173K.
The key levels to watch are 1.1237 (resistance), the 10-day moving average at 1.1188 (resistance), 1.1097 (support) and the 200-day moving average at 1.1077 (support).
The currency did not had the strength to close above the 10 and 50-day moving averages, which is still sign of weakness to the upside and today we have the nonfarm payrolls data where is expected a rise in jobs of 203K the previous number was 173K.
The key levels to watch are 1.1237 (resistance), the 10-day moving average at 1.1188 (resistance), 1.1097 (support) and the 200-day moving average at 1.1077 (support).
"I trade to make money not to be right."
Oct 02, 2015 at 11:04
Member Since Apr 09, 2014
834 posts
Abdul2012 posted:
It is the quite before the storm for the EUR/USD where today the traders waiting for tomorrow news.
Definitely, the pair is consolidating near 1.1200 level ahead of the release of NFP on Friday, we just have to wait-and-see.
Member Since Jul 10, 2014
1117 posts
Oct 02, 2015 at 16:14
Member Since Jul 10, 2014
1117 posts
The NFP finally gave EUR/USD the push to break above 1.1240 and I think it will likely even reach 1.1360 - 1.1370.
Member Since Jan 09, 2014
110 posts
Member Since Jun 08, 2014
454 posts
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