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EUR/USD

Jun 17, 2012 at 11:03
178,417 Views
9,776 Replies
northinvest
forex_trader_306466
Member Since Feb 17, 2016   3 posts
Mar 23, 2016 at 07:58
Short summary; This market is currently indecisive and trading in a range...fundamentally speaking it's like the pair SHOULD be bullish given 2015 and so much decline in price, it's just one very fundamental problem allthough FEDs kept the interest rate low..USD is indeed strong (look at SPX) and tighter monetary policy might be ahead even though FEDs just announced keeping it low for now....market is trying to recalibrate to this fact and therefore we're in a range......same with gold (xauusd) atm. Look for a clear breakout of the range on the EURUSD weekly(daily) chart before taking any position. When any clear breakout happens, let at least two daily candlestics close out of the range we're in. -IMO
Member Since Apr 08, 2014   1141 posts
Mar 23, 2016 at 09:11
Yesterday EURUSD fell again but this time with a wide range and closed in the middle of the daily range, however managed to close below the previous day low, suggesting a bearish momentum.

The pair still managed to close above the 10, 50 and the 200-day moving averages that are acting as dynamic support.

A close below the 10-day moving average may suggest a deep correction down to 1.1097.

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 1.1205 (support) and a daily support at 1.1097.
"I trade to make money not to be right."
Member Since Feb 24, 2016   277 posts
Mar 23, 2016 at 10:32
The EUR/USD is trading lower today going as low as 1.1180. Main trend remains bearish, a consolidation around this level might be expected due to lack of fresh news to stir the market.
Member Since May 01, 2015   675 posts
Mar 23, 2016 at 13:06
EUR/USD hit a new fresh intraday low at 1.1169. The continuing downward trend will direct price to the next support at 1.1100. Otherwise it will face resistance at 1.1286.
Member Since Jul 10, 2014   1117 posts
Mar 23, 2016 at 16:54
EUR/USD is likely falling towards 1.1140. A breakout below that level will probably lead to a further move to the downside towards 1.1080.
Member Since Apr 09, 2014   834 posts
Mar 24, 2016 at 02:05
The pair continue its short-term bearish trends, psychological resistance level is at 1.1200, on the downside break below 1.1150 zone would probably extend its decline.
Member Since Oct 30, 2015   68 posts
Mar 24, 2016 at 07:01
I opened a short position.
Despite the slightly bullish trend, I obstinately stand for sale
Member Since May 01, 2015   675 posts
Mar 24, 2016 at 08:36
The single currency registered a decrease against the dollar on Wednesday. The pair opened at 1.1214 and after a steady downtrend lost 35 pips. If the bearish trend continues, the pair will head to the support at 1.1100 in an attempt to break through.
Member Since Apr 08, 2014   1141 posts
Mar 24, 2016 at 09:51
Yesterday EURUSD fell again but this time with a narrow range and closed in the middle of the daily range, however managed to close below the previous day low, suggesting a bearish momentum.

The pair closed below the 10-day moving average that now should act as a dynamic resistance, however is still above the 50 and the 200-day moving averages that are acting as dynamic support.

The key levels to watch are: The previous swing high at 1.1342 (resistance), a daily resistance at 1.1237, the 10-day moving average at 1.1205 (resistance), a daily support at 1.1097, and the 50 day moving average at 1.1086.
"I trade to make money not to be right."
Member Since Apr 15, 2015   66 posts
Mar 24, 2016 at 12:07
now is the time to decide , every one is silent
Member Since Feb 24, 2016   277 posts
Mar 24, 2016 at 13:19
The EUR/USD is trading at support around the level of 1.1160. This is best seen on the daily chart. Price will either try to bounce off this level or break it and reach 1.1100. This week no major news are expected so we could see calm markets today and tomorrow.
Member Since Jul 10, 2014   1117 posts
Mar 24, 2016 at 16:29
rosentray posted:
The EUR/USD is trading at support around the level of 1.1160. This is best seen on the daily chart. Price will either try to bounce off this level or break it and reach 1.1100. This week no major news are expected so we could see calm markets today and tomorrow.

 I agree, we will probably have to wait until next week for any major changes.
Member Since Feb 24, 2016   277 posts
Mar 25, 2016 at 07:44
The EUR/USD is trading in consolidation due to lack of fresh news. With holiday time today, the low volatility is driving away market participants to something more beneficial. Bulls need to push prices above 1.1180 as bears will try to bring them down to 1.1080.
Member Since Apr 08, 2014   1141 posts
Mar 25, 2016 at 08:34
Yesterday EURUSD initially but found enough support at 1.1143 a 38.2 Fib retracement, to reverse and close near the high of the day, however closed within the previous day range, suggesting a weak bullish momentum.

The pair is trading below the 10-day moving average that should act as a dynamic resistance, however is still above the 50 and the 200-day moving averages that are acting as dynamic support.

The key levels to watch are: The previous swing high at 1.1342 (resistance), a daily resistance at 1.1237, the 10-day moving average at 1.1216 (resistance), a daily support at 1.1097, and the 50 day moving average at 1.1092.
"I trade to make money not to be right."
Member Since Jun 18, 2015   3 posts
Mar 25, 2016 at 10:54
Пара EUR/USD торгуется ниже уровня 1.1200. Сильная поддержка находится на уровне 1.1100. На дневном графике события развиваются целенаправленно и стабильно, а на 4 часовом вчера, т.е. 24 марта, было небольшое торможение в понижении цены, зато сегодня вновь намечается ускорение падения. Ускорение подтверждается тем, что на 1 часовом, на 30 минутном и на 15 минутном графиках разворот к понижению уже наступил. Европейская сессия скорее всего, задаст тональность. Хоть я не очень люблю пятницу, но денёк обещает быть интересным в плане внутридневной торговли.
Member Since Jul 10, 2014   1117 posts
Mar 25, 2016 at 17:26
There's almost no liquidity in the market due to the holidays, the pair has been testing 1.1160 all day. I think it will likely bounce off that level after the holidays.
Member Since May 01, 2015   675 posts
Mar 25, 2016 at 21:01
Despite the fundamental jitters in US, the USD keeps steady positions. Agains the yen we witnessed an increase of 0.4%, against GBP - 2%. Menawhile the euro fell to an 8-day bottom, reaching 1.1144. Since the beginning of the week the single currency lost nearly 1%.
Member Since Apr 09, 2014   834 posts
Mar 26, 2016 at 00:16
The pair is in tight range around 1.116 level at the end of the day due to holidays in Europe, but the bearish trend seems remain intact.
Member Since Apr 09, 2014   834 posts
Mar 27, 2016 at 22:36
Sideline trading continues around 1.116 level, I'm expecting limited movement with low volume due to Monday holiday in most Europe countries.
Member Since Feb 24, 2016   277 posts
Mar 28, 2016 at 08:19
The EUR/USD is trading at support at 1.1170. Price has managed to stay in the ascending trading channel and if this level holds then we might see the pair reach 1.1450 next month. First support 1.1170, first resistance 1.1230.
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