To use chat, please login.
Back to contacts
mario123
Mar 02 2017 at 07:08
14 posts
victoriajensen posted:
 EUR/USD is very bearish after yesterday's fundamentals. It's testing the support at 1.0520 and if it breaks out below that level it will likely continue falling towards 1.0400 at least, especially if it breaks out below 1.0493 too.

It was not what I expected for this month's start, in fact I thought the trend would be bullish yesterday morning. Everything changed.
Hugo ONeill (honeill)
Mar 02 2017 at 08:41
1141 posts
On yesterday session, the EURUSD initially fell but found enough buying pressure at 1.0527 to trim some of its losses but closed in the red, in the middle of the daily range, in addition closed below Tuesday’s low, which suggests a bearish momentum.

The currency pair continues to trade below the 10, 50 and 200-day moving averages all should act as dynamic resistances.

The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, the 50-day moving average at 1.0638 (resistance), a daily resistance at 1.0622, the 10-day moving average at 1.0574 (resistance) a daily support at 1.0527 and other daily support at 1.0462.
"I trade to make money not to be right."
rosentray
Mar 02 2017 at 09:54
277 posts
EUR/USD is again depreciated and going towards 1.05 level. If that level is breached, major bear target is seen at 1.0340 and immediate support at 1.0480.
bestools
besttools
Mar 02 2017 at 10:40
898 posts

At the moment the Eur/Usd losing 0.20% at 1.0526 and a breach of 1.0522 (low Mar.2) would open the door to 1.0492 (low Feb.22) and finally 1.0452 (low Jan.11). On the flip side, the next hurdle lines up at 1.0594 (55-day sma) followed by 1.0619 (20-day sma) and then 1.0632 (high Feb.28).
Cuong Truong (Cryptocurrency)
Mar 02 2017 at 10:44
178 posts
stian
Mar 02 2017 at 11:18
325 posts
Cryptocurrency posted:
Another banker dead, many more to go soon . . .

https://nypost.com/2017/03/01/depressed-financial-exec-jumps-to-his-death/
https://www.dailymail.co.uk/news/article-4272778/Hedge-fund-executive-commits-suicide-jumping-apt.html


Sad, especially since he left a family behind.

But I don't think he jumped because of a weak Euro.
Cuong Truong (Cryptocurrency)
Mar 02 2017 at 12:27
178 posts
Apparently, people are betting U.S. employment will increase because of Trump.
I trade Forex using my Bollinger Trend PRO mt4 indicator.
Darkdevil2000
Mar 02 2017 at 13:51
5 posts
Hi O'Neill, i think that in march, we'll see before a retsst at 1,04 and then, after few days from 15/3 perhaps, a big long still 1,10, Mr. T needs of a weak usd for his politics
Trade24/5 (studionomi)
Mar 02 2017 at 13:56
11 posts
I think its all over this rally now i place a order for long for first ressistant 1.05810
Sucsses is the good reward of time surf
FXWES
Mar 02 2017 at 14:52
675 posts
The short-term outlook for EUR/USD is remains bearish. The pair broke below 1.0520 support line and next leg to downside will come with testing the key level at 1.0500.
kieran (snapdragon1970)
Mar 02 2017 at 19:53
1948 posts
I'm Long Eur/Usd 04979 , looking to pick up 100 points .
"They mistook leverage with genius".
FXWES
Mar 03 2017 at 07:13
675 posts
Bulls appear to have lost strength and the EUR/USD pair tested the multi-week low at 1.0495. Slight recovery is seen this morning and the current market price is 1.0523. Immediate resistance is located at 1.0530 and in case of breaking it, further recovery would be possible towards 1.0550 area.
Hugo ONeill (honeill)
Mar 03 2017 at 09:03
1141 posts
On yesterday session, the EURUSD fell with a narrow range and closed near the low of the day, in addition the currency pair managed to close below Thursday low, which suggests a strong bearish momentum.

The currency pair continues to trade below the 10, 50 and 200-day moving averages all should act as dynamic resistances.

The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, the 50-day moving average at 1.0637 (resistance), a daily resistance at 1.0622, the 10-day moving average at 1.0562 (resistance) a daily support at 1.0527 and other daily support at 1.0462.
"I trade to make money not to be right."
rosentray
Mar 03 2017 at 09:50
277 posts
EUR/USD is trading relatively unchanged today gravitating towards 1.0520 in anticipation of the latest ISM Non-Manufacturing Composite data scheduled for later today. Another important market mover will be FED Chair Yellen's speech on the Economic Outlook.
victoriajensen
Mar 03 2017 at 13:47
1117 posts
EUR/USD finally bounced off from 1.0493 today after forming several doji candlesticks on the four-hour time-frame above that support as well as a double bottom. The pair is still moving to the upside and it will likely reach at least 1.0600.
idimitrov
Mar 03 2017 at 18:07
421 posts
The dollar changed unsignificantly near a seven-week high against other major currencies. Traders are taking profits after the recent rise of the dollar. The dollar has a growing against the probability of a US interest rate hike this month.
EUR/USD rose by 0.15% to 1.0550, moving away from the previous session week low at 1.0492.
deresel
Mar 04 2017 at 11:06
708 posts
On Friday, the dollar fell against other major currencies. Traders continued to take profits after a recent rise in price of the dollar to a maximum of seven weeks. However, the depreciation of the dollar is limited because of the increasing likelihood of higher interest rates in the US this month. EUR/USD rose by 0.48% and closed the week at 1.0621.
deresel
Mar 04 2017 at 11:08
708 posts
Key levels to watch for:

Support: 1.0470; 1.0380; 1.0550;
Resistance: 1.0660; 1.0800;
Ari Goldman (arigoldman)
Mar 05 2017 at 16:05
909 posts
The Euro got a breath a fresh air on Friday, but i think the US domination will continue in the short-term.
csc2009
Mar 06 2017 at 00:39
834 posts
Trump did not mention anything about his new tax policy, that create uncertainty in the future might hurt Dollar further, next resistance zone around 1.062/063, upward trend might continue if it break above.
Please login to comment .