To use chat, please login.
Back to contacts
FXWES
Sep 15 2016 at 05:14
675 posts
The euro gained ground against the dollar on Wednesday. The pair tested the resistance at 1.1284, but couldn’t breakthrough. Short-term expectations remain in favor of the single currency and if they come true, the key level will be broken. Support is located at 1.1197 and 1.1156. Resistance is seen at 1.1284 and 1.1327.
Hugo ONeill (honeill)
Sep 15 2016 at 06:38
1141 posts
Yesterday the EURUSD rose with a wide range but closed 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 is trading above the 10, 50 and the 200-day moving averages that are acting as dynamic supports.

The key levels to watch are: a daily resistance at 1.1460, a 61.8% Fibonacci retracement at 1.1347 (resistance), previous swing high at 1.1327 (resistance), a daily support at 1.1237, the 10-day moving average at 1.1222 (support), and a daily support at 1.1097.
"I trade to make money not to be right."
rosentray
Sep 15 2016 at 07:57
277 posts
EUR/USD continues its sideways movement in the early European trading hours today. The pair is currently at 1.1227 and appears to be consolidating before key reports tomorrow. CPI will have an impact on the pair and if it's good we might see strengthening of expectations for a rate hike this month.
victoriajensen
Sep 15 2016 at 11:37
1117 posts
The EUR/USD range is getting tighter and tighter, but this consolidation likely won't end before the FED interest rate announcement next week.
FXWES
Sep 16 2016 at 05:28
675 posts
The single currency marked quite dynamic session against the dollar on Thursday. Even though the closing price was cosiderable near the opening price, respectively 1.1243 and 1.1248. The trend was neutral for most of the time, but around noon the bulls prevailed and currencies rallied up. The pair again tested the resistance at 1.1284, after marking the intraday high at 1.1284. Subsequently the euro lost the accumulated gains.
TheOne1
Sep 16 2016 at 06:27
10 posts
On 4h we can see a triangle, possible volatile breakout, 70% are holding short positions, so we can assume that eurusd will head towads 1,1515

Attachments:

Lowest trading costs at Vipro Markets , check my bio for more
Hugo ONeill (honeill)
Sep 16 2016 at 07:37
1141 posts
Yesterday the EURUSD went back and forward without any clear direction and closed 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 is trading above the 10, 50 and the 200-day moving averages that are acting as dynamic supports.

The key levels to watch are: a daily resistance at 1.1460, a 61.8% Fibonacci retracement at 1.1347 (resistance), previous swing high at 1.1327 (resistance), a daily support at 1.1237, the 10-day moving average at 1.1231 (support), and a daily support at 1.1097.
"I trade to make money not to be right."
rosentray
Sep 16 2016 at 08:31
277 posts
EUR/USD is trading in the range between 1.1240 and 1.1230 in anticipation of the CPI data scheduled for later tomorrow. The data would most likely give a hint whether the FED will be raising the rate this month.
victoriajensen
Sep 16 2016 at 11:49
1117 posts
The pair is back to testing the support 1.1210 - 1.1200 and the CPI data could give it the push to break below it, but we'll likely have to wait for the FED news next week for any major changes.
PERPETUUMMOBILE (PERPETUUMMOBILE)
Sep 16 2016 at 12:18
137 posts
EUR/USD congestions
monthly - bar 17
weekly - bar 13
daily - bar 11

A possible trade:

sell at 1.1195
SL at 1.1325
TP at 1.1140 / 1.1100 / 1.1050
"a little bit of knowledge is a dangerous thing"
csc2009
Sep 16 2016 at 23:01
834 posts
Risk remains on the downside, break down 1.1147 level could lead to further decline towards my next target 1.1040.
csc2009
Sep 18 2016 at 22:50
834 posts
We have the FOMC and the BOJ economic policy meetings this week, the pair lack of clear strength towards the downside for now, important support level can be found at 1.1120 zone.
idimitrov
Sep 18 2016 at 22:57
421 posts
The euro was down against the US Dollar on Friday. By the close of US trading EUR/USD was trading at 1.1155, shedding 0.79%. I believe that the support is now located at the level of 1.1149, the minimum of Friday's trading, and resistance is likely at the level of 1.1286 - the maximum of Thursday.
FXWES
Sep 19 2016 at 05:07
675 posts
The single currency managed to break its recent range on Friday.EUR/USD was trading in a relatively narrow range last week, but the pair broke the psychological support at 1.1200 to closed the session with a drop of 90 pips. Current attitudes remain negative, but for confirmation of the downward trend is needed breakthrough the levels at 1.1120/1.1105. Support is located at 1.1105 and resistance is seen at 1.1195 and 1.1280.
rosentray
Sep 19 2016 at 06:50
277 posts
EUR/USD is trying to recover from the fall that occurred on Friday. The pair went from 1.1248 to a low of 1.1149 in one day. Today, EUR/USD is trading slightly up gravitating towards 1.1164. Have in mind that on Wednesday the FED is going to announce whether they are raising rates this month.
Hugo ONeill (honeill)
Sep 19 2016 at 07:38
1141 posts
On the last Friday’s session the EURUSD plunged with a wide range and closed near the low of the day, in addition managed to close below Thursday’s range, which suggests a strong bearish momentum.

The pair closed below all three moving averages 10, 50 and the 200-day that should act as dynamic resistances.

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 1.1194 (resistance), and a daily support at 1.1097.
"I trade to make money not to be right."
victoriajensen
Sep 19 2016 at 12:12
1117 posts
EUR/USD has formed a double bottom on the one-hour time-frame above the support at 1.1150. The pair will likely start retracing the drop from last Friday and the first target is around 1.1200 again.
csc2009
Sep 19 2016 at 22:06
834 posts
Eur/Usd trade mildly higher and found immediate support level at 1.1140/50 zone, break below could confirm the risk remains on the downside.
FXWES
Sep 20 2016 at 05:05
675 posts
EUR/USD started the week with an increase after posting significant losses a day earlier. The euro managed to advance by 20 pips to a closing price of 1.1173 to trade within 1.1197 and 1.1150. RSI moved up, but the price remains below the average values by making an unsuccessful attempt to break the psychological level at 1.1200. Breaking 1.1105 would confirm the downward trend. Support is located at 1.1105 and 1.1045. Resistance is seen at 1.1195 and 1.1280.
Hugo ONeill (honeill)
Sep 20 2016 at 06:51
1141 posts
Yesterday the EURUSD rose with a narrow range but closed 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 closed below all three moving averages 10, 50 and the 200-day that should act as dynamic resistances.

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 1.1197 (resistance), and a daily support at 1.1097.
"I trade to make money not to be right."
Please login to comment .