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EUR/USD
forex_trader_338100
Mitglied seit Jun 21, 2016
287 Posts
Apr 20, 2017 at 13:47
At the moment EURUSD is gaining 0.34% at 1.0747 facing the next hurdle at 1.0777 (high Apr.20) followed by 1.0841 (200-day sma) and finally 1.0905 (high Mar.27). On the flip side, a breach of 1.0686 (20-day sma) would target 1.0659 (55-day sma) en route to 1.0635 (low Apr.18)
Mitglied seit Jul 10, 2014
1114 Posts
Apr 20, 2017 at 14:00
EUR/USD continues moving to the upside and it is about to test the resistance at 1.0780 again. The question is whether it will break out above that level and continue rising towards 1.0830 - 1.0850 or form a double top and bounce off from that resistance.
Apr 21, 2017 at 05:36
EUR/USD experienced difficult time to resume to bullish mode. The pair moved higher today and marked daily high at 1.0778, but later on retreated to currently trade at 1.07230. Strong resistance is the psychologycal level at 1.0800. To the downside, fist support is seen at 1.0710 and lower at 1.0640.
Mitglied seit Apr 08, 2014
1140 Posts
Apr 21, 2017 at 08:02
On yesterday session, the EURUSD initially rallied with a wide range but found enough selling pressure near the 200-day moving average to give back most of its gains to the market and close near the low of the day, however the currency pair closed within Wednesdays range, which suggests being slightly on the bearish side of neutral.
The currency pair is trading above the 10 and the 50-day moving averages that should provide dynamic support although is still trading below the 200-day moving average that should act as dynamic resistance.
The key levels to watch are: the 200-day moving average at 1.0785 (resistance), a Fibonacci level at 1.07132 (support), the 50-day moving average at 1.0661 (support), the 10-day moving average at 1.0650 (support) and a daily support at 1.0622.
The currency pair is trading above the 10 and the 50-day moving averages that should provide dynamic support although is still trading below the 200-day moving average that should act as dynamic resistance.
The key levels to watch are: the 200-day moving average at 1.0785 (resistance), a Fibonacci level at 1.07132 (support), the 50-day moving average at 1.0661 (support), the 10-day moving average at 1.0650 (support) and a daily support at 1.0622.
"I trade to make money not to be right."
Mitglied seit Jul 10, 2014
1114 Posts
Apr 21, 2017 at 11:45
EUR/USD formed a double top at 1.0780 on the one-hour time-frame and bounced off from that level. What is more, the pair has also formed a great shooting star candlestick on the daily time-frame. The closest target is 1.0670, but it will likely continue falling below that level.
Mitglied seit Feb 22, 2015
174 Posts
Apr 21, 2017 at 20:42
Slow market. I'm expecting price of EUR/USD to be trading in a small range in next few days.
I trade Forex using my Bollinger Trend PRO mt4 indicator.
Apr 22, 2017 at 19:08
The euro rose against the US dollar on Friday. By the close of US trading, EUR/USD was trading at 1.0726, gaining 0.08%. I believe that support is now at around 1.0600, Monday's low, and resistance is likely at 1.0780, Thursday's high.
Mitglied seit Oct 02, 2014
905 Posts
Apr 23, 2017 at 12:29
EUR/USD appears to be hesitating around the 1.06 level. Interesting to see how the week develops. I'm expecting a move up.
Positivity
Mitglied seit Feb 22, 2015
174 Posts
Apr 23, 2017 at 21:05
my EUR/USD prediction on April 23, 2017.
Anhänge:
I trade Forex using my Bollinger Trend PRO mt4 indicator.
Mitglied seit Apr 08, 2014
1140 Posts
Apr 24, 2017 at 08:01
On the last Friday’s session the EURUSD initially fell with a narrow range but found enough support near the 10-day moving average to reverse and managed to close near the high of the day, however the currency pair closed within Thursday’s range, which suggests a being slightly on the bullish side of neutral.
The currency pair traded above the 10 and the 50-day moving averages that should provide dynamic support although is still trading below the 200-day moving average that should act as dynamic resistance.
The key levels to watch are: daily resistance 1.0900, other daily resistance at 1.0819, the 200-day moving average at 1.0782 (resistance), a Fibonacci level at 1.07132 (support), the 10-day moving average at 1.0663 (support) and the 50-day moving average at 1.0665 (support).
The currency pair traded above the 10 and the 50-day moving averages that should provide dynamic support although is still trading below the 200-day moving average that should act as dynamic resistance.
The key levels to watch are: daily resistance 1.0900, other daily resistance at 1.0819, the 200-day moving average at 1.0782 (resistance), a Fibonacci level at 1.07132 (support), the 10-day moving average at 1.0663 (support) and the 50-day moving average at 1.0665 (support).
"I trade to make money not to be right."
Apr 24, 2017 at 12:11
idimitrov posted:
The euro rose against the US dollar on Friday. By the close of US trading, EUR/USD was trading at 1.0726, gaining 0.08%. I believe that support is now at around 1.0600, Monday's low, and resistance is likely at 1.0780, Thursday's high.
Exactly, thanks for the info
Mitglied seit Jul 10, 2014
1114 Posts
Apr 24, 2017 at 12:56
After EUR/USD retraced back to 1.0820, only partially recovering the bullish gap, it formed a hanging man candlestick and a doji candlestick on the four-hour time-frame at 1.0880, so a further move to the downside is possible.
Mitglied seit Feb 22, 2015
174 Posts
Apr 24, 2017 at 13:32
I hate to spoil all your fun. I still think EUR/USD will drop down to 1.04 area.
I trade Forex using my Bollinger Trend PRO mt4 indicator.
Mitglied seit Sep 12, 2015
1933 Posts
Apr 24, 2017 at 15:35
Eur/USD has hit a higher high on each top over this last few months, on the longer time frames the trend still looks bullish, unless we get some major event 1.04 is a long way off.
"They mistook leverage with genius".
Apr 25, 2017 at 06:19
snapdragon1970 posted:
Eur/USD has hit a higher high on each top over this last few months, on the longer time frames the trend still looks bullish, unless we get some major event 1.04 is a long way off.
There is a GAP to cover.. a number of pairs already covered it. EURUSD and GBPUSD has resisted to far.. My belief is we should see 1.079 by trading day's end.
Trading Or Bust
