Edit Your Comment
EUR/USD
Member Since Oct 02, 2014
909 posts
Member Since May 18, 2015
118 posts
Member Since Jun 08, 2014
454 posts
Oct 12, 2015 at 08:44
Member Since May 01, 2015
675 posts
The euro recorded a second consecutive increase against the dollar on Friday. On the last working day of the week the bulls prevailed and took the pair to significantly higher levels. As a result, resistance at 1.1325 was broken. Short-term indicators remain in favor of the single currency, and the breakthrough of the key level at 1.1436 is highly probable. Session on Friday started a price of 1.1274, and the euro added 77 pips. Peak of the day was reached at 1.1386.
Member Since Apr 08, 2014
1141 posts
Oct 12, 2015 at 09:41
Member Since Apr 08, 2014
1141 posts
On Friday session the EURUSD rallied with a wide range and close in the green near the high of the day.
The pair is broke to the upside the downward triangle suggesting a strong upward trend with a possible target at 1.1460 or even up to 1.1714.
The key levels to watch are 1.1460 (Resistance), the 10-day moving average at 1.1270 (support) and 1.1237 (support).
The pair is broke to the upside the downward triangle suggesting a strong upward trend with a possible target at 1.1460 or even up to 1.1714.
The key levels to watch are 1.1460 (Resistance), the 10-day moving average at 1.1270 (support) and 1.1237 (support).
"I trade to make money not to be right."
Member Since Jun 08, 2014
454 posts
Member Since Oct 11, 2013
775 posts
Member Since Aug 26, 2014
26 posts
Oct 13, 2015 at 07:30
Member Since May 01, 2015
675 posts
The euro registered a neutral trade against the dollar on Monday. The pair kept the higher values reached on Friday, while short-term indicators continue to support the positive momentum of the single currency. In this case can be expected breakout of the resistance at 1.1436. The new week started at 1.1361 and the session ended 4 pips below. Peak of the day was reached around noon at 1.1396.
Member Since Apr 08, 2014
1141 posts
Oct 13, 2015 at 09:08
Member Since Apr 08, 2014
1141 posts
Yesterday the EURUSD tried to rally fell but found yet gain enough selling pressure to reverse and close in the red near the low of the day with a narrow range, creating a small shooting star.
The key levels to watch are 1.1460 (Resistance), the 10-day moving average at 1.1286 (support) and 1.1237 (support).
The key levels to watch are 1.1460 (Resistance), the 10-day moving average at 1.1286 (support) and 1.1237 (support).
"I trade to make money not to be right."
Member Since Jun 08, 2014
454 posts
Member Since Jul 10, 2014
1117 posts
Oct 13, 2015 at 18:09
Member Since Jul 10, 2014
1117 posts
I think EUR/USD might bounce off the resistance at 1.1400, it formed a hanging man candlestick right below that level on the four-hour filter chart.
Member Since Sep 28, 2015
34 posts
Member Since May 18, 2015
118 posts
Oct 14, 2015 at 06:41
Member Since May 18, 2015
118 posts
Abdul2012 posted:
EUR/USD consolidated for the second day in a tight rang, I will waiting for tomorrow and see if there is any clear signs for the trend.
Look at all the pips you are missing while looking for a 'clear sign of the trend'. Why don't you learn about price action, so you can always be on the right side of the trade, no matter if the market trades in a tight range or a wide one. We can see that today's high on EU was right off of a pivot which was calculated as soon as Asia opened. When are people going to realize the importance of daily pivots. Please ladies and gentlemen... Let go off the primise of trying to call top or bottom, when what ends up being the top or bottom of any massive rally or reversal is one of the 7 daily pivots.
My avatar explains "social trading" perfectly.
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.