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EUR/USD
Jan 26, 2016 at 09:10
The single currency registered an increase against the dollar on Monday. The euro break two-day losing streak and marked gains. So break of support at 1.0769 was postponed and short-term expectations remain in favor of the euro. In this case, the pair is likely to make a test of resistance at 1.0917. Monday session started at a price of 1.0790, as a bullish trend was leading all the time. Tip of the day was reached at 1.0856, and session closed with 8 pips below.
Member Since Apr 08, 2014
1140 posts
Jan 26, 2016 at 09:23
On yesterday session the EURUSD rallied and closed well in the green, near the high of the day, in addition closed within the previous day range, suggesting a weak bullish momentum.
The pair failed to close above the 10 and the 50-day moving averages that now are acting as a dynamic resistance.
The key levels to watch are: The previous swing high at 1.0975 (resistance), 10-day moving average at 1.0866 (resistance), the 50-day moving average at 1.0863 (resistance) and a swing low at 1.0712 (Support).
The pair failed to close above the 10 and the 50-day moving averages that now are acting as a dynamic resistance.
The key levels to watch are: The previous swing high at 1.0975 (resistance), 10-day moving average at 1.0866 (resistance), the 50-day moving average at 1.0863 (resistance) and a swing low at 1.0712 (Support).
"I trade to make money not to be right."
Jan 26, 2016 at 14:35
EUR/USD: Is Likely a Sell!!!
The recovery yesterday was unexpected as EUR/USD Reached an overnight high of 1.0856. now it seems to have scope to test the 1.0875/80 resistance but move above this level appears unlikely. On the other hand, only a move back below 1.0810 can indicate that the short-term upward pressure has eased.
As pointed out yesterday, while we shifted to a SELL stance in EUR/USD, the downward momentum is not impulsive and we have a modest target of 1.0710.
Source : freshforex.ir
The recovery yesterday was unexpected as EUR/USD Reached an overnight high of 1.0856. now it seems to have scope to test the 1.0875/80 resistance but move above this level appears unlikely. On the other hand, only a move back below 1.0810 can indicate that the short-term upward pressure has eased.
As pointed out yesterday, while we shifted to a SELL stance in EUR/USD, the downward momentum is not impulsive and we have a modest target of 1.0710.
Source : freshforex.ir
Member Since Jul 10, 2014
1114 posts
Jan 26, 2016 at 16:37
The EUR/USD range continues for yet another day, perhaps the FOMC statement tomorrow will finally end it.
Member Since Jun 08, 2014
454 posts
Jan 26, 2016 at 17:15
After last week's attempt to break the support level, now the EUR/USD is forming a doji price is returning to the open price, this means there is uncertainty in the market. For me I cannot find an opportunity to enter on the price the only option is to wait for a break out of the sideways range.
Jan 26, 2016 at 19:16
honeill posted:
On yesterday session the EURUSD rallied and closed well in the green, near the high of the day, in addition closed within the previous day range, suggesting a weak bullish momentum.
The pair failed to close above the 10 and the 50-day moving averages that now are acting as a dynamic resistance.
The key levels to watch are: The previous swing high at 1.0975 (resistance), 10-day moving average at 1.0866 (resistance), the 50-day moving average at 1.0863 (resistance) and a swing low at 1.0712 (Support).
I am totally in your side cause no other option as i see, thank you.
forex_trader_249603
Member Since May 13, 2015
81 posts
Jan 26, 2016 at 20:47
EUR/USD
Trading at 1.084
Trend
Long term - Sell, Medium term - Range/Buy, Short term - Range/Sell
Support
Long term- 1.048, Medium term - 1.048, Short term - 1.06
Resistance
Long term- 1.145, Medium term - 1.104, Short term - 1.1
Trading at 1.084
Trend
Long term - Sell, Medium term - Range/Buy, Short term - Range/Sell
Support
Long term- 1.048, Medium term - 1.048, Short term - 1.06
Resistance
Long term- 1.145, Medium term - 1.104, Short term - 1.1
Member Since Mar 31, 2015
3 posts
Jan 27, 2016 at 07:38
All quiet tonight with the exception of the Aussie pairs which have shown some good momentum. EURUSD - as everyone is pointing out - is pretty neutral and that's reflected in all of my stuff as well. Sitting on the sidelines tonight but it seems like a good time to post the first post and load the first chart... You know, when no one is looking.
Attachments:
Member Since Apr 08, 2014
1140 posts
Jan 27, 2016 at 08:52
On yesterday session the EURUSD initially fell but found enough support to turn around and closed well in the green, near the high of the day, in addition closed above previous day high, suggesting a strong bullish momentum.
The pair failed to close again above the 10 and the 50-day moving averages that now are acting as a dynamic resistance.
The key levels to watch are: The previous swing high at 1.0975 (resistance), 10-day moving average at 1.0864 (resistance), the 50-day moving average at 1.0869 (resistance) and a swing low at 1.0712 (Support).
The pair failed to close again above the 10 and the 50-day moving averages that now are acting as a dynamic resistance.
The key levels to watch are: The previous swing high at 1.0975 (resistance), 10-day moving average at 1.0864 (resistance), the 50-day moving average at 1.0869 (resistance) and a swing low at 1.0712 (Support).
"I trade to make money not to be right."
Jan 27, 2016 at 09:05
The single currency marked a volatile session against the dollar on Tuesday. Finally session ended in favor of the euro. If bullish sentiment intensify, the resistance at 1.0917 will be soon overcome. Tuesday session started at a price of 1.0848 and closed 21 pips higher. Tip of the day was reached at 1.0873, and the bottom was hit 55 pips below.
Member Since Mar 31, 2015
3 posts
Jan 27, 2016 at 13:55
csc2009 posted:victoriajensen posted:
The EUR/USD range continues for yet another day, perhaps the FOMC statement tomorrow will finally end it.
I think it is unlikely that the FOMC will change its policy this soon, but let's see.
I agree with that 100%. I just don't see them changing their tone this close to the first bump.
Member Since Sep 12, 2015
1933 posts
Jan 27, 2016 at 14:11
Bullish move into FOMC,continuation of rate hikes otherwise faith in Janet Yellen and her policy will fade.
"They mistook leverage with genius".
Member Since Jul 10, 2014
1114 posts
Jan 27, 2016 at 16:32
(edited Jan 27, 2016 at 16:33)
EUR/USD once again bounced off the resistance at 1.0900 and is currently moving to the downside. Its immediate target is around 1.0850.
Member Since Jun 08, 2014
454 posts
Jan 27, 2016 at 16:43
EUR/USD tried to escape the 100 pip range and break above resistance level 1.0900 and rebounded again to remain inside the sideways range which is now for more than 2 weeks.
Member Since Sep 12, 2015
1933 posts
Jan 27, 2016 at 18:28
34 mins to the highlight of the day,I expect a bullish move after the event as we have moved lower till now.Some support at 865 but will it be strong enough.
"They mistook leverage with genius".
Member Since Sep 12, 2015
1933 posts
Jan 27, 2016 at 23:34
Abdul2012 posted:
The EUR/USD heading to the daily resistance at 1.0946 after the weak US data.
Weak numbers from Apple,Facebook got a lift though,FED unchanged ,wait and see how this plays into the London open.
"They mistook leverage with genius".
