EUR/USD

Jun 17, 2012 at 11:03
183,684 Views
9,776 Replies
Member Since Apr 08, 2014   1141 posts
Sep 26, 2016 at 06:34
On the last Friday’s session the EURUSD initially fell but found enough support at the 200-day moving average to erase all its losses and closed near the high of the day, however it did not had enough strength to close above Thursday’s range, which suggests being slightly on the bullish side of neutral.

The pair is trading above all three moving averages 10, 50 and the 200-day that are acting as dynamic supports.

The key levels to watch are: a 61.8% Fibonacci retracement at 1.1347 (resistance), a daily resistance at 1.1237, the 200-day moving average at 1.1202 (support), and a daily support at 1.1097.
"I trade to make money not to be right."
Member Since May 01, 2015   675 posts
Sep 26, 2016 at 06:44
The single currency marked a modest rise against the US dollar on Friday. The session started at 1.1207 and closed only 19 pips higher. Currently the outlook remains positive with possible test of the next resistance at 1.1286.
Member Since Jul 10, 2014   1117 posts
Sep 26, 2016 at 13:18
EUR/USD is currently testing the resistance at 1.1260. A breakout above that level will likely lead to a further move to the upside towards 1.1300 - 1.1320.
Member Since Nov 14, 2015   325 posts
Sep 26, 2016 at 16:53
Eyes on DBS news. Could be a banking crisis in Europe. Which in turn will likely result in a large EUR drop.
Member Since May 01, 2015   675 posts
Sep 27, 2016 at 04:09
The single currency registered an increase against the US dollar on Monday. The pair opened at 1.1229, the intraday high was marked at 1.1278 and the low at 1.1220. Finally the euro closed at 1.1253 and if bears are strong enough , the first resistance at 1.1286 sseems to be their next target.
Member Since Feb 24, 2016   277 posts
Sep 27, 2016 at 06:20
EUR/USD is trading lwoer after the Presidential debate hosted yesterday. The pair went from 1.1280 to a low of 1.1239 on talks about rising incomes, bringing back jobs and economy growth. Current market price 1.1244.
Member Since Apr 08, 2014   1141 posts
Sep 27, 2016 at 06:34
Yesterday the EURUSD initially rallied but found enough selling pressure at 1.1279 to give back to the market some of its gains but closed in the green however in the middle of the daily range, although managed to close above the previous day high, which suggests bullish momentum.

The pair is trading above all three moving averages 10, 50 and the 200-day that are acting as dynamic supports.

The key levels to watch are: a 61.8% Fibonacci retracement at 1.1347 (resistance), a daily support at 1.1237, the 200-day moving average at 1.1203 (support), and a daily support at 1.1097.
"I trade to make money not to be right."
Member Since Jul 10, 2014   1117 posts
Sep 27, 2016 at 10:07
EUR/USD bounced off 1.1280, but the inverted hammer candlestick the pair has formed on the four-hour time-frame above the support at 1.1230 is a signal that the move to the upside will continue.
Member Since Sep 12, 2015   1948 posts
Sep 27, 2016 at 12:54 (edited Sep 27, 2016 at 12:57)
Was going to go Long position 1.1200 eur/usd ,but Im already Long Eur/Gbp.86280
"They mistook leverage with genius".
Member Since Apr 08, 2014   1141 posts
Sep 28, 2016 at 06:39
Yesterday the EURUSD initially fell but found enough buying pressure at 1.1195 to trim some of its losses but still closed in the red however in the middle of the daily range, in addition managed to close below the previous day low, which suggests a bearish momentum.

The pair is trading above all three moving averages 10, 50 and the 200-day that are acting as dynamic supports.

The key levels to watch are: a 61.8% Fibonacci retracement at 1.1347 (resistance), 50% Fibonacci retracement at 1.1264, the 200-day moving average at 1.1203 (support), and a daily support at 1.1097.
"I trade to make money not to be right."
Member Since May 01, 2015   675 posts
Sep 28, 2016 at 07:27
The single currency recorded a decline against the US dollar on Tuesday. After a volatile session, the euro lost 40 pips at a closing price of 1.1213. If the downward trend continues, most likely the euro will test the first support located at 1.1100. Otherwise, looking to the upside, the pair will test the resistance at 1.1286.

Member Since Nov 14, 2015   325 posts
Sep 28, 2016 at 07:55
Daghi can be interesting, especially if he hints at some way that helps the banking sector.
Member Since Feb 24, 2016   277 posts
Sep 28, 2016 at 11:34
EUR/USD is trading in the red so far today with price making a low of 1.1182 only to quickly recover and go back above 1.12. Price is now 1.1210 and bulls need to go above 1.1280 in order for them to accumulate momentum and push higher.
Member Since Jul 10, 2014   1117 posts
Sep 28, 2016 at 12:06 (edited Sep 28, 2016 at 12:18)
EUR/USD is still consolidating sideways between 1.1200 and 1.1220 but it also just formed an obvious hammer candlestick on the four-hour time-frame, so I expect a new move to the upside.
Member Since Sep 12, 2015   1948 posts
Sep 28, 2016 at 12:19
Deutsche Bank rescue plan possible,it would be a disaster if the bank was left to fix its own problems,bullish on euro.
"They mistook leverage with genius".
Member Since Apr 09, 2014   834 posts
Sep 28, 2016 at 23:00 (edited Sep 28, 2016 at 23:01)
The pair's correction movement continues, bouncing around 1.121 level with very little progress. Immediate support level can be found at 1.1180/90 zone, break below could lead to further decline.
Member Since May 01, 2015   675 posts
Sep 29, 2016 at 04:55
The single currency was trading close to unchanged against the US dollar on Wednesday. The short term outlook remains negative and breakthrough of yesterday's low will drag the pair further downwards. Support is located at 1.1100 and 1.0980. Resistance is seen at 1.1286 and 1.1400.
Member Since Sep 23, 2016   3 posts
Sep 29, 2016 at 06:19
Going up to 1.1280-1.1290
Member Since Apr 08, 2014   1141 posts
Sep 29, 2016 at 06:31
Yesterday the EURUSD went back and forward without any clear direction but still closed in the red however in the middle of the daily range, in addition managed to close within the previous day range, which suggests being clearly neutral, neither side is showing control.

The pair continues to trade above all three moving averages 10, 50 and the 200-day that are acting as dynamic supports.

The key levels to watch are: a 61.8% Fibonacci retracement at 1.1347 (resistance), 50% Fibonacci retracement at 1.1264, a daily resistance at 1.1237, the 200-day moving average at 1.1203 (support), and a daily support at 1.1097.
"I trade to make money not to be right."
Member Since Apr 09, 2016   421 posts
Sep 29, 2016 at 06:42
The dollar lost gains against the other major currencies on Wednesday after the release of positive data on orders for durable goods in the US, while the markets are still focused on the long-awaited meeting of key oil producers.
EUR/USD is stable at 1.1212.
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