EUR/USD
Member Since Apr 08, 2014
1141 posts
Apr 13, 2016 at 09:00
Yesterday EURUSD went back and forward without any clear direction again and closed in the middle of the daily range, in addition managed also to close within the previous day range, suggesting lack of momentum.
The pair closed below the 10-day moving average that should act as a dynamic resistance but is above the 50 and the 200-day moving averages that are acting as dynamic supports.
The key levels to watch are: A daily resistance at 1.1556, other daily resistance at 1.1459, the 10-day moving average at 1.1388 (support), the previous swing high at 1.1342 (support) and daily support at 1.1237.
The pair closed below the 10-day moving average that should act as a dynamic resistance but is above the 50 and the 200-day moving averages that are acting as dynamic supports.
The key levels to watch are: A daily resistance at 1.1556, other daily resistance at 1.1459, the 10-day moving average at 1.1388 (support), the previous swing high at 1.1342 (support) and daily support at 1.1237.
"I trade to make money not to be right."
Apr 13, 2016 at 13:46
EUR/USD is trading lower today due to technicals impacting price movement. The pair reached resistance a few days ago going to 1.1470 and then took it down 1.1295. Currently, the EUR/USD is trading at 1.1304 with first support at 1.1270 and first resistance at 1.1450.
forex_trader_214841
Member Since Nov 02, 2014
137 posts
Apr 13, 2016 at 15:36
I see support at 1.1278 and resistance at 1.1323
forex_trader_214841
Member Since Nov 02, 2014
137 posts
Apr 13, 2016 at 15:38
Its time to sell EUR/USD at 1.1278 with SL at 1.1295 and TP at 1.1191
Member Since Jul 10, 2014
1117 posts
Apr 13, 2016 at 15:57
The pair broke below 1.1300 and is currently testing 1.1280. If it breaks below that level it will likely reach the support at 1.1140 again, which coincides with (MA)89 on the daily time-frame.
Member Since Oct 11, 2013
775 posts
Apr 13, 2016 at 22:13
The EURUSD drops on Dollar strength, but the bullish trend is still in place. To see a change in direction the pair would have to break below the 1.1100 level.
Apr 14, 2016 at 06:44
The single currency recorded sharp drop against the US dollar on Wednesday. The pair lost 111 pips to a closing price of 1.1272. After a steady downtrend, the pair broke first support at 1.1286. In the short term bears will continue to dominate.
Member Since Apr 08, 2014
1141 posts
Apr 14, 2016 at 07:15
Yesterday EURUSD plunged with a wide range and closed near the low of the day, in addition managed to close below the previous day range, suggesting a strong bearish momentum.
The pair is trading below the 10-day moving average that is acting as a dynamic resistance but is above the 50 and the 200-day moving averages that are acting as dynamic supports.
The key levels to watch are: A daily resistance at 1.1459, the 10-day moving average at 1.1379 (resistance), the previous swing high at 1.1342 (resistance), a daily support at 1.1237, the 50-day moving average at 1.1168 (support) and a previous swing low at 1.1144 (support).
The pair is trading below the 10-day moving average that is acting as a dynamic resistance but is above the 50 and the 200-day moving averages that are acting as dynamic supports.
The key levels to watch are: A daily resistance at 1.1459, the 10-day moving average at 1.1379 (resistance), the previous swing high at 1.1342 (resistance), a daily support at 1.1237, the 50-day moving average at 1.1168 (support) and a previous swing low at 1.1144 (support).
"I trade to make money not to be right."
Member Since Jul 10, 2014
1117 posts
Apr 14, 2016 at 15:57
EUR/USD found some support at 1.1230, but I doubt it will remain above that level for long. If it breaks below 1.1230 next target is 1.1200, then 1.1130.
forex_trader_214841
Member Since Nov 02, 2014
137 posts
Apr 14, 2016 at 18:57
victoriajensen posted:
EUR/USD found some support at 1.1230, but I doubt it will remain above that level for long. If it breaks below 1.1230 next target is 1.1200, then 1.1130.
I think EUR/USD is making breath for a few hours and will go down soon.
Member Since Oct 11, 2013
775 posts
Apr 14, 2016 at 19:19
Indecision on the EURUSD for today, but the bearish trend is still in place. The pair may try to visit the 1.1200 level.
Member Since Apr 08, 2014
1141 posts
Apr 15, 2016 at 07:27
Yesterday EURUSD initially fell but found enough support to trim some of its losses and closed in the middle of the daily range, however managed to close below the previous day low, suggesting a weak bearish momentum.
The pair is trading below the 10-day moving average that is acting as a dynamic resistance but is above the 50 and the 200-day moving averages that are acting as dynamic supports.
The key levels to watch are: A daily resistance at 1.1459, the 10-day moving average at 1.1366 (resistance), the previous swing high at 1.1342 (resistance), a daily support at 1.1237, the 50-day moving average at 1.1173 (support) and a previous swing low at 1.1144 (support).
The pair is trading below the 10-day moving average that is acting as a dynamic resistance but is above the 50 and the 200-day moving averages that are acting as dynamic supports.
The key levels to watch are: A daily resistance at 1.1459, the 10-day moving average at 1.1366 (resistance), the previous swing high at 1.1342 (resistance), a daily support at 1.1237, the 50-day moving average at 1.1173 (support) and a previous swing low at 1.1144 (support).
"I trade to make money not to be right."
Member Since Jul 10, 2014
1117 posts
Apr 15, 2016 at 16:12
The pair formed a spinning top above the support at 1.1230 and started moving to the upside. It's currently testing the resistance at 1.1300 but it's unlikely to break above that level before the market closes later today.
Member Since Oct 02, 2014
909 posts
Apr 17, 2016 at 19:35
Exciting week ahead!
Positivity
