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EUR/USD
Member Since Jul 10, 2014
1117 posts
May 31, 2017 at 14:43
Member Since Jul 10, 2014
1117 posts
EUR/USD reached a high at 1.1240 today, but that likely is not the end of the move to the upside. The pair will probably test the last high at 1.1267.
Member Since Apr 08, 2014
1141 posts
Jun 01, 2017 at 08:19
Member Since Apr 08, 2014
1141 posts
On yesterday session, the EURUSD rose with a wide range and closed near the high of the day, in addition the currency pair managed to close above Tuesday’s high, which suggests a strong bullish momentum.
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a Fibonacci extension at 1.1291, a daily resistance at 1.1237, the 10-day moving average at 1.1197 (support), a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a Fibonacci extension at 1.1291, a daily resistance at 1.1237, the 10-day moving average at 1.1197 (support), a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).
"I trade to make money not to be right."
Member Since May 09, 2017
33 posts
Member Since Jul 10, 2014
1117 posts
Jun 01, 2017 at 12:04
Member Since Jul 10, 2014
1117 posts
EUR/USD bounced off from 1.1255, not quite reaching the previous high at 1.1267. The pair formed a shooting star candlestick on the one-hour time-frame below that level and it is currently retracing towards the closest support level at 1.1200. A breakout below that support will likely lead to a further move to the downside towards 1.1150 - 1.1130.
Member Since Dec 20, 2016
11 posts
Member Since Apr 08, 2014
1141 posts
Jun 02, 2017 at 07:21
Member Since Apr 08, 2014
1141 posts
On yesterday session, the EURUSD fell with a narrow range and closed near the low of the day, however managed to close within Wednesday’s range, which suggests being slightly on the bearish side of neutral.
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a Fibonacci extension at 1.1291, a daily resistance at 1.1237, the 10-day moving average at 1.1199 (support), a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a Fibonacci extension at 1.1291, a daily resistance at 1.1237, the 10-day moving average at 1.1199 (support), a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).
"I trade to make money not to be right."
Member Since Oct 02, 2014
909 posts
Member Since Apr 08, 2014
1141 posts
Jun 05, 2017 at 09:07
Member Since Apr 08, 2014
1141 posts
On the last Friday’s 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 Thursday’s high, which suggests a strong bullish momentum.
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a Fibonacci extension at 1.1291, a daily support at 1.1237, the 10-day moving average at 1.1203 (support), a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a Fibonacci extension at 1.1291, a daily support at 1.1237, the 10-day moving average at 1.1203 (support), a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).
"I trade to make money not to be right."
Member Since Jul 10, 2014
1117 posts
Jun 05, 2017 at 14:34
Member Since Jul 10, 2014
1117 posts
EUR/USD bounced off from 1.1284 after forming a doji candlestick and a shooting star candlestick at that level on the four-hour time-frame. Currently the pair is testing the support at 1.1235, a breakout below that level will probably lead to a further move to the downside towards 1.1160, which is the (MA)89 indicator on the four-hour time-frame again.
Member Since Apr 08, 2014
1141 posts
Jun 06, 2017 at 08:44
Member Since Apr 08, 2014
1141 posts
On yesterday session, the EURUSD fell with a narrow range and found some buying pressure near 1.1237 a daily support to trim some of its losses and in the middle of the daily range, plus the currency pair closed within Friday’s range, which suggests being clearly neutral, neither side is showing control.
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a Fibonacci extension at 1.1291, a daily support at 1.1237, the 10-day moving average at 1.1217 (support), a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a Fibonacci extension at 1.1291, a daily support at 1.1237, the 10-day moving average at 1.1217 (support), a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).
"I trade to make money not to be right."
Member Since Jul 10, 2014
1117 posts
Jun 06, 2017 at 13:04
Member Since Jul 10, 2014
1117 posts
EUR/USD is consolidating above the support at 1.1235 - 1.1240 which coincides with the (MA)89 indicator on the one-hour time-frame and it may continue doing so until the fundamentals on Thursday.
Jun 06, 2017 at 18:28
Member Since May 01, 2015
675 posts
Ahead of the important macro events this week ,the EUR/USD pair seems to range bounded.
The risk to the downside remains limited until the pair holds above the 1.12 handle. But to confirm a strong bullish run is needed a break through the 1.13 mark.
The risk to the downside remains limited until the pair holds above the 1.12 handle. But to confirm a strong bullish run is needed a break through the 1.13 mark.
Member Since Apr 07, 2017
13 posts
Member Since Feb 03, 2017
29 posts
Member Since Apr 08, 2014
1141 posts
Jun 07, 2017 at 08:36
Member Since Apr 08, 2014
1141 posts
On yesterday session, the EURUSD rose with a narrow range and closed near the high of the day, plus the currency pair closed within Monday’s range, which suggests being slightly on the bullish side of neutral.
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a Fibonacci extension at 1.1291, a daily support at 1.1237, the 10-day moving average at 1.1224 (support), a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a Fibonacci extension at 1.1291, a daily support at 1.1237, the 10-day moving average at 1.1224 (support), a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).
"I trade to make money not to be right."
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