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FXWES
Mar 20 2016 at 17:14
675 posts
USD felt cheap thrills this week, but still can feel the beat on years of rally and the closeness of near-decade high.
csc2009
Mar 20 2016 at 22:50
834 posts
Prices are well above 100 and 200 moving averages, further rally might be expected, next immediate resistance can be found at 1.1340/45 zone.
alexforex007
Mar 21 2016 at 04:43
775 posts
The EURUSD may run into some resistance zone and pullback down, but the 1.1100 or 1.1000 levels could act as support.
FXWES
Mar 21 2016 at 08:22
675 posts
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.
Hugo ONeill (honeill)
Mar 21 2016 at 08:46
1141 posts
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.
"I trade to make money not to be right."
rosentray
Mar 21 2016 at 10:31
277 posts
The EUR/USD is trading lower in todays session. The pair is currently at 1.1260. Price continues to be range bound as traders and investors wait for news to stir the market. First support remains 1.1070, first resistance 1.1410.
victoriajensen
Mar 21 2016 at 14:24
1117 posts
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.
HalleyFX
Mar 21 2016 at 21:55
83 posts
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
csc2009
Mar 22 2016 at 00:59
834 posts
The pair seems neutral, but downside is favoured for now, 1.1200 act as important support level.
FXWES
Mar 22 2016 at 08:26
675 posts
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.
Hugo ONeill (honeill)
Mar 22 2016 at 08:37
1141 posts
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.
"I trade to make money not to be right."
stian
Mar 22 2016 at 11:13
325 posts
Euro weakens on terror news.
rosentray
Mar 22 2016 at 14:43
277 posts
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.
deresel
Mar 22 2016 at 16:35
708 posts
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%.
Ari Goldman (arigoldman)
Mar 22 2016 at 17:06
909 posts
Impacted by the events in Brussels, the eur/usd made a low of 1.1188.
deresel
Mar 22 2016 at 17:38
708 posts
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.
Chris (chrish9070)
Mar 22 2016 at 17:42
45 posts
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
victoriajensen
Mar 22 2016 at 18:05
1117 posts
EUR/USD broke below 1.1230 today. A breakout below 1.1200 could lead to a further drop to at least 1.1140.
Daniel
northinvest
Mar 23 2016 at 07:58
3 posts
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
Hugo ONeill (honeill)
Mar 23 2016 at 09:11
1141 posts
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."
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