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Hugo ONeill (honeill)
Feb 09 2017 at 10:10
1141 posts
On yesterday session, the EURUSD went back and forward without any clear direction although manages to close in the green, near the high of the day, in addition the currency pair closed within Wednesday’s range, which suggests being slightly on the bullish side of neutral.

The currency pair is trading above the 50-day moving average that should act as dynamic support plus remains trading below the 10 and 200-day moving averages both should act as dynamic resistances.

The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, the 10-day moving average at 1.0742 (resistance), a daily support at 1.0622, the 50-day moving average at 1.0595 (support) and a daily support at 1.0462.
"I trade to make money not to be right."
deresel
Feb 09 2017 at 11:07
708 posts
After two weaker days in the presentation of the euro, today it rose against the dollar. At the beginning of the session nothing suggested that the bulls will be able to close the session in green. The rate by opening of the session was 1.0683, and at 7:00 had pierced the support level of 1.0660. This led to a daily low at 1.0640. Then the Bulls brought the price to a high of 1.0713. After a little hesitant movements, the day was closed with rise of the euro to 1.0697.
deresel
Feb 09 2017 at 11:10
708 posts
Key levels to watch for:
Support: 1.0660; 1.05500;
Resistance: 1.0800; 1.0950.
FXWES
Feb 09 2017 at 16:00
675 posts
The EUR/USD remains withing the recent and today also couldn’t hold above 1.0700.
victoriajensen
Feb 09 2017 at 16:26
1117 posts
EUR/USD did retrace to 1.0712 before moving to the downside once again. Currently the pair is quite undecided, but if the move to the downside continues the first target will likely be at 1.0600.
rosentray
Feb 09 2017 at 17:59
277 posts
EUR/USD continued trading to the downside today. Market had a calm European session and entered into the US session at around 1.0660.
alexforex007
Feb 09 2017 at 22:46
775 posts
The EURUSD drops again, but it still needs to gain enough bearish momentum to reach the 1.0600 level. There could be a change in trend below the 1.0600 level.
FXWES
Feb 10 2017 at 06:53
675 posts
Yesterday the euro retreated against the US dollar and closed at 1.0654. Currently the EUR/USD pair is testing the 1.0650 level and continues the bearish consolidation phase.
Baldo (BaldoN)
Feb 10 2017 at 07:35
522 posts
EUR/USD is sitting over 1.0650 support. The weekly movement (not such significant so far) is in favor of the dollar and some weekly short positions closing may help for the EUR. This is just guessing, not based on any analysis.
If not clear, better to stay aside :)
rap17
Feb 10 2017 at 07:49
12 posts
need the levels for today plz if possible thanks
victoriajensen
Feb 10 2017 at 15:02
1117 posts
EUR/USD has almost reached 1.0600. While it is possible for it to bounce off from that level, a breakout below it would probably lead to a further drop towards 1.0540 - 1.0530.
rosentray
Feb 12 2017 at 20:19
277 posts
EUR/USD's next week should be interesting!
csc2009
Feb 12 2017 at 23:07
834 posts
After President Trump's 'phenomenal' tax reform promise supporting dollar strength, the pair take turn to the downside, immediate support zone around 1.0620/00.
csc2009
Feb 12 2017 at 23:07
834 posts
rosentray posted:
EUR/USD's next week should be interesting!

There are no important data scheduled next week in Europe and US, focus stay on political headlines, another word: ''Trump''.
kieran (snapdragon1970)
Feb 13 2017 at 00:04
1948 posts
Who knows what he will tweet this week, I think the plan is to make the dollar cheaper and lower Tax for business, re word immigration plan.
"They mistook leverage with genius".
FXWES
Feb 13 2017 at 07:12
675 posts
The EUR/USD pair closer lower last week in correction mode. In case of continuation of the downwad trend, we may expect break of the support line at 1.0550.
kmmafzal
Feb 13 2017 at 07:19
1 posts
600 is a resistance, may go down tk 550 but my sentiments are up till 780
FXWES
Feb 13 2017 at 07:45
675 posts
The EUR/USD pair closer lower last week in correction mode. In case of continuation of the downwad trend, we may expect break of the support line at 1.0550.
Hugo ONeill (honeill)
Feb 13 2017 at 09:27
1141 posts
On the last Friday’s session the EURUSD initially fell but found enough buying pressure around the 50-day moving average to trim some of its losses and closed in the middle of the daily range, although the currency pair managed to close below Thursday’s range, which suggests a bearish momentum.

The currency pair is trading above the 50-day moving average that should act as dynamic support plus remains trading below the 10 and 200-day moving averages both should act as dynamic resistances.

The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, the 10-day moving average at 1.0730 (resistance), a daily support at 1.0622, the 50-day moving average at 1.0598 (support) and a daily support at 1.0462.
"I trade to make money not to be right."
MC85
Feb 13 2017 at 09:30
48 posts
The pair starts this week in a bullish sentiment breaking initial resistance at 1.0640, however MACD and RSI indicate still a bearish overall trend. I would also watch for a support at 1.0620 and a major resistance at 1.0670.
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