EUR/USD
Member Since Jul 10, 2014
1117 posts
Mar 18, 2016 at 17:54
If EUR/USD breaks below 1.1270 it will likely retrace back to 1.1200 next week, but after that there will probably be a new move the to the upside.
Mar 18, 2016 at 22:11
The EUR/USD is trading close to yesterday's levels around 1.13, currently at 1.1272. Main trend remains bearish with first resistance at 1.1410, which is where bulls are trying to go. On the other hand, first support level is 1.1140.
Member Since Oct 11, 2013
775 posts
Mar 21, 2016 at 04:43
The EURUSD may run into some resistance zone and pullback down, but the 1.1100 or 1.1000 levels could act as support.
Mar 21, 2016 at 08:22
Basically the price is still in bullish phase but it’s needed a clear break and persuasive movement above the trendline and 1.1340 for the continuation of the bullish phase targets near 1.1500. On the downside, key support remains 1.1240 - 1.1200.
Member Since Apr 08, 2014
1141 posts
Mar 21, 2016 at 08:46
On the last Friday’s session the EURUSD fell but with a narrow range and closed near the low of the day, however closed within the previous day range, suggesting a weak bearish momentum.
The pair continues to trade above the 10, 50 and the 200-day moving averages that are acting as dynamic support.
Today we may see another correction day with a potential test of the 1.1237 daily support or even down to 1.1218 previous swing high.
The key levels to watch are: A daily resistance at 1.1556, other daily resistance at 1.1459, the year high at 1.1376 (resistance), a daily support at 1.1237, the 10-day moving average at 1.1150 (support) and a daily support at 1.1097.
The pair continues to trade above the 10, 50 and the 200-day moving averages that are acting as dynamic support.
Today we may see another correction day with a potential test of the 1.1237 daily support or even down to 1.1218 previous swing high.
The key levels to watch are: A daily resistance at 1.1556, other daily resistance at 1.1459, the year high at 1.1376 (resistance), a daily support at 1.1237, the 10-day moving average at 1.1150 (support) and a daily support at 1.1097.
"I trade to make money not to be right."
Member Since Jul 10, 2014
1117 posts
Mar 21, 2016 at 14:24
EUR/USD is still testing the support at 1.1230 and so far there's no indication it will break below that level. The pair will likely bounce off of it soon.
forex_trader_249603
Member Since May 13, 2015
83 posts
Mar 21, 2016 at 21:55
The market has been trading in a tight range today. That was understandable during the Asian session since Japan was on holiday but it doesn´t feel right to be so quiet during the European session after all the volatility we have seen recently. Is there something building up before the next explosion?
let see what tomorrow brings
let see what tomorrow brings
Mar 22, 2016 at 08:26
The single currency recorded a second loss against the US dollar on Monday. The pair opened at a price of 1.1269 and after a volatile session, the euro lost 30 pips. The pair remains at risk of further decline, as next target are appearing levels at 1.1100. A breakthrough of 1.1286 might change the direction.
Member Since Apr 08, 2014
1141 posts
Mar 22, 2016 at 08:37
Yesterday EURUSD fell again but this time with a narrow range and closed near the low of the day, in addition managed to close below the previous day low, suggesting a strong bearish momentum.
However the pair continues to trade above the 10, 50 and the 200-day moving averages that are acting as dynamic support.
Today we may see a bounce off the 10-day moving average at 1.1201 after the two day correction that started on last Friday.
The key levels to watch are: A daily resistance at 1.1556, other daily resistance at 1.1459, the year high at 1.1376 (resistance), a daily support at 1.1237, the 10-day moving average at 1.1201 (support) and a daily support at 1.1097.
However the pair continues to trade above the 10, 50 and the 200-day moving averages that are acting as dynamic support.
Today we may see a bounce off the 10-day moving average at 1.1201 after the two day correction that started on last Friday.
The key levels to watch are: A daily resistance at 1.1556, other daily resistance at 1.1459, the year high at 1.1376 (resistance), a daily support at 1.1237, the 10-day moving average at 1.1201 (support) and a daily support at 1.1097.
"I trade to make money not to be right."
Mar 22, 2016 at 14:43
The EUR/USD reached 1.1188 due to the blasts at Brussels airport and metro. The euro is still feeling the impact of the event as Europe is trying to stand strong and continue normal everyday life. My prayers and support is with the people of Belgium.
Mar 22, 2016 at 16:35
The dollar continues its positive performance since the end of last week. Despite the statements of three presidents of the Fed, in April and June is still possible interest rates rise, the market did not react strongly. The US currency found good support and managed to advance against the euro. The single currency was trading at levels of 1.1230, which was a decrease of 0.28%.
Member Since Oct 02, 2014
909 posts
Mar 22, 2016 at 17:06
Impacted by the events in Brussels, the eur/usd made a low of 1.1188.
Positivity
Mar 22, 2016 at 17:38
EUR / USD was indecisive yesterday. The outlook remains neutral in nearest term but we have potential false breakout scenario as seen on hourly chart, especially if price able to make a clear break and daily close below 1.1200, re-testing 1.1065.
Member Since May 11, 2013
45 posts
Mar 22, 2016 at 17:42
Its so clear to anyone that understands how the market works and moves, The euro is still in a bullish pattern on the weekly timeframes. Anyone shorting the market should have a fairly light target and an equal tight stop loss. A bottom at the moment is confirmed and more so should 1.14 and 1.15 resistance give out
GiftedFx
Member Since Jul 10, 2014
1117 posts
Mar 22, 2016 at 18:05
EUR/USD broke below 1.1230 today. A breakout below 1.1200 could lead to a further drop to at least 1.1140.
