I believe that the support is now located at the level of 1.1131, the low of Thursday, and resistance is likely to at the level of 1.1304 - a maximum of Tuesday.
what is going to happen on 23rd June, all currency pairs will go will go up or down please, I lost all my money last week, are you trading your own or using indicator please help me.
Is Holy Grail is good to use to maximise my profit?
Jun 19 2016 at 18:07
Exciting week ahead!
Positivity
It's all about the UK referendum next week. Volatility could spike for days, the pair could finally get out of its current consolidation range between 1.13 to 1.1130.
Jun 19 2016 at 21:25
I notice gap up this morning on eurusd, audusd, and gbpusd (over 100pips!), seems the positive polls for remain in brexit could be bringing back a risk on mood this week for markets. will the market close the gap...
It will be a volatile week, we warned. Every poll will have major movement.
Please help me I am new to Forex market, shall I buy Euro?USD and GBP/USD??
Jun 20 2016 at 02:35
silk I would suggest not trading this week as likely high volatility with Brexit. very risky especially for new traders.
Dear thank you, then any other currency pairs
Jun 20 2016 at 03:23
Lets see how the EURUSD keeps doing, right now is trying to rally, but it may find good resistances at the next round number levels to the upside, like the 1.1400 and the 1.1500. To the downside, the 1.1300 and the 1.1200 may be its next supports.
The euro marked a slight increase against the dollar on Friday session. The single currency remained at the levels from the beginning of the week. Short-term expectations remain in favor of the euro and break of resistance at 1.1389 is a possible scenario.
Jun 20 2016 at 08:09
On the last Friday’s session the EURUSD rally with a narrow range and closed near the high of the day, however managed to close within the previous Thursdays range, suggesting being slightly on the bullish side of neutral.
The pair is trading below the 10 and the 50-day moving averages that are acting as dynamic resistances but is still trading above the 200-day moving average that is acting as a dynamic support.
The key levels to watch are: The previous swing high at 1.1415, the 50-day moving average at 1.1293 (resistance), a daily support at 1.1237 and other daily support at 1.1097.
The pair is trading below the 10 and the 50-day moving averages that are acting as dynamic resistances but is still trading above the 200-day moving average that is acting as a dynamic support.
The key levels to watch are: The previous swing high at 1.1415, the 50-day moving average at 1.1293 (resistance), a daily support at 1.1237 and other daily support at 1.1097.
"I trade to make money not to be right."
Key levels to watch for today:
Support: 1.1176; 1.1134;
Resistance: 1.1389; 1.1443.
Support: 1.1176; 1.1134;
Resistance: 1.1389; 1.1443.
Attachments:
EUR/USD tried to drop down over the past week, slipped below the lower line of the bullish channel, but turned up and closed higher at 1.1278. Today the pair opened with a gap up and hit 1.1382. Trade signals are for up to test 1.1400 - 1.1470. Intraday support is seen at 1.1285. A clear break below that area could lead price to neutral zone as direction would become unclear, but key support remains lower line of the bullish channel.
On Monday the US dollar is falling against the euro. The euro against the dollar rose to $ 1.1366 from $ 1.1277 at the end of the previous session, rising by 0.8% against the euro.
On Monday the trading in the foreign exchange market opened lower on the dollar. The price gap was 53 points. Current quote is 1.1375 against 1.1273 Friday's close. It was a reaction to new surveys about Brexit. According to BMG, the number of those wishing to stay was 53.3%, to reach the EU - 46.7%. The survey involved 1064 people from 10 to 15 June.
Today I expect rising to 1.1391, followed by return to the mark of 1.1338. Until Thursday the market in pairs with the euro and the pound will be thin. Brokers have raised their margin requirements due to the upcoming referendum in the UK. High volatility will continue until the end of the week.
Intraday outlook: minimum - 1.1308, maximum - 1.1391, closing - 1.1342.
Today I expect rising to 1.1391, followed by return to the mark of 1.1338. Until Thursday the market in pairs with the euro and the pound will be thin. Brokers have raised their margin requirements due to the upcoming referendum in the UK. High volatility will continue until the end of the week.
Intraday outlook: minimum - 1.1308, maximum - 1.1391, closing - 1.1342.
Dear please help me, how is the EA Holy Grail, will it give good profit
Eur/Usd upside seems lack of strength, the latest Brexit poll's outcome shows lean towards ''remain'' camp, let's see the pair will close the bullish gap from yesterday.
My personal opinion is that people will vote for 'Bremain' rather than 'Brexit'. So according to me, we can start adding long positions once the gap is closed. However it wouldn't be an easy ride as too much of volatility might push up draw down before it goes up. People with strong heart or deep liquidity could risk :D
Emotional balance is the most important aspect for a trader.
