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Cuong Truong (Cryptocurrency)
May 02 2017 at 09:22
178 posts
It looks like the Bulls could push price of EUR/USD up to 1.099 or higher.
I trade Forex using my Bollinger Trend PRO mt4 indicator.
Baldo (BaldoN)
May 02 2017 at 10:19
522 posts
EUR/USD - I would expect range trading in the next few days due to:
* NFP on Friday
* Run-off of elections in France on next Sunday opening

Then we would have more clear market direction
FXWES
May 02 2017 at 12:38
675 posts
The EUR/USD pair remains in short term uptrend, despite the recent consolidation mode from the last six sessions of 1.0820 and 1.0950. Key resistance is seen at 1.0930 – 1.0950 area and in case bulls succeed to conquer it, next target is the psychological barrier at 1.1000. Looking to downwards, major support stands at 1.0855 and next one is located at 1.0820.
bestools
besttools
May 02 2017 at 14:21
898 posts
EURUSD is gaining 0.19% at 1.0919 and a break above 1.0926 (high May 2) would target 1.0949 (high Apr.28) en route to 1.0951 (2017 high Apr.25/26). On the flip side, the immediate support is located at 1.0850 (low Apr.27) seconded by 1.0835 (200-day sma) and finally 1.0805 (23.6% Fibo of the April rally).
FXWES
May 02 2017 at 21:00
675 posts
It was yet another quite day for the EUR/USD pair, with price hovering around 1.0900. In the short term the pair remains caught within the well know range.
Hugo ONeill (honeill)
May 03 2017 at 07:08
1141 posts
On yesterday session, the EURUSD rallied with a wide range and closed near the high of the day, in addition the currency pair managed to close above Monday’s high, which suggests a strong bullish momentum.

The currency pair is now trading above the 10, 50, and 200-day moving averages that should provide dynamic support.

The key levels to watch are: daily resistance 1.1097, key level at 1.0970 (resistance), a daily support at 1.0900, and the 10-day moving average at 1.0881 (support) and the 200-day moving average at 1.0769 (support).
"I trade to make money not to be right."
Devhuti
May 03 2017 at 08:39
94 posts
The EURUSD had a moderate bullish momentum yesterday topped at 1.0933 and hit 1.0936 earlier today in Asian session but still trapped inside the range area as you can see on my H1 chart below. The bias is bullish in nearest term testing 1.0950. A clear break above that area could trigger further bullish pressure testing 1.1100 – 1.1050 area. Immediate support is seen around 1.0900. A clear break below that area could lead price to neutral zone in nearest term testing 1.0850 key support which need to be broken to the downside for a revisit to pre-gap level at 1.0730.
victoriajensen
May 03 2017 at 14:52
1117 posts
EUR/USD has been forming a tight sideways consolidation since the first round of the French presidential elections, but the fundamentals this week will probably end that, starting with the FOMC statement today.
FXWES
May 03 2017 at 19:57
675 posts
The last Fed’s meeting occured to be quite bored, rates remain unchanged with no clues for further move. The EUR/USD pair closed the day slightly below 1.0900 with neutral short term outlook.
damienp (damienp)
May 04 2017 at 06:21
23 posts
Strong level 1.0945 without the possibility of passing:/
Admin myfxbook manipulate all coments!
Hugo ONeill (honeill)
May 04 2017 at 08:22
1141 posts
On yesterday session, the EURUSD dived with a wide range and closed near the low of the day, in addition closed below Tuesday’s low, which suggests a strong bearish momentum.

The currency pair closed shy below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.

The key levels to watch are: daily resistance 1.1097, key level at 1.0970 (resistance), a daily support at 1.0900, and the 10-day moving average at 1.0897 (resistance), a daily support at 1.0819 and the 200-day moving average at 1.0767 (support).
"I trade to make money not to be right."
victoriajensen
May 04 2017 at 14:26
1117 posts
EUR/USD is testing the resistance at 1.0950 again, but it is unlikely for it to break out above that level before the fundamentals tomorrow. A possible breakout could, potentially, lead to a further move to the upside towards 1.1000.
Cuong Truong (Cryptocurrency)
May 04 2017 at 15:23
178 posts
Bearish Divergence showing in EUR/USD market.
I trade Forex using my Bollinger Trend PRO mt4 indicator.
FXWES
May 04 2017 at 15:40
675 posts
The EUR/USD pair posted fresh weekly high at 1.0940 today, boosted by the good numbers on the euro zone macro data. But ot extend gains, bulls will have to conquer teh 1.0950 level.
FXWES
May 05 2017 at 04:59
675 posts
EUR/USD jumped to a six month high at 1.0987 last nigh and currently the price is hovering around 1.0975. Bulls are facing now immediate resistance at the 1.1000 psychological level.
Hugo ONeill (honeill)
May 05 2017 at 07:23
1141 posts
On yesterday session, the EURUSD rallied with a wide range, breaking above the consolidation zone and closed near the high of the day, in addition the currency pair managed to close above Wednesdays high, which suggests a strong bearish momentum.

The currency pair is now trading above the 10, 50, and 200-day moving averages that should provide dynamic support.

The key levels to watch are: daily resistance 1.1097, key level at 1.0970 (resistance), a daily support at 1.0900, and the 10-day moving average at 1.0905 (support), a daily support at 1.0819 and the 200-day moving average at 1.0766 (support).
"I trade to make money not to be right."
Cuong Truong (Cryptocurrency)
May 05 2017 at 13:03
178 posts
US employment down, Non-Farm Employment Change is up. Why is the EUR/USD price still going up?
I trade Forex using my Bollinger Trend PRO mt4 indicator.
victoriajensen
May 05 2017 at 14:31
1117 posts
EUR/USD is testing 1.0990 - 1.1000 after the fundamentals today, but it hasn't broken out above that resistance level yet. I doubt there will be any major changes before the presidential elections in France on Sunday.
Cuong Truong (Cryptocurrency)
May 05 2017 at 15:36
178 posts
Apparently, the US economic data for NFP is not important. Price of EUR/USD just keep on going up.

The French election is not until Sunday 5/7
I don't understand why the central bank is keeping the price of EUR/USD up today and disregard that US economic data for NFP.
I trade Forex using my Bollinger Trend PRO mt4 indicator.
kieran (snapdragon1970)
May 05 2017 at 16:58
1948 posts
Cryptocurrency posted:
Apparently, the US economic data for NFP is not important. Price of EUR/USD just keep on going up.

The French election is not until Sunday 5/7
I don't understand why the central bank is keeping the price of EUR/USD up today and disregard that US economic data for NFP.

One is stronger than the other, the trend was looking bullish on most charts even before the data, Le Pen trailing behind Macron is a bit of a confidence boost, how long it lasts is another thing although Euro area data does look good, if this breaks 1.10 next stop is 1.113.
"They mistook leverage with genius".
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