EUR/USD
Member Since Apr 08, 2014
1141 posts
Aug 07, 2017 at 08:16
On the last Friday’s session the EURUSD fell with a wide range and closed near the low of the day, in addition the currency pair closed below Thursday’s low, which suggests a strong bearish momentum.
The currency pair continues trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.1976, other daily resistance at 1.1829, a daily support at 1.1753, the 10-day moving average at 1.1790 (support), a daily support at 1.1460 and other daily support at 1.1556.
The currency pair continues trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.1976, other daily resistance at 1.1829, a daily support at 1.1753, the 10-day moving average at 1.1790 (support), a daily support at 1.1460 and other daily support at 1.1556.
"I trade to make money not to be right."
Member Since Oct 02, 2014
909 posts
Aug 07, 2017 at 08:56
EUR/USD is really having a good time as this has definitely so far been the year of the Euro.
Positivity
Member Since Jul 10, 2014
1117 posts
Aug 07, 2017 at 16:34
EUR/USD is retracing after the big move to the downside on Friday, but the drop may not be over yet, especially considering the spinning top candlestick that has formed on the four-hour time-frame at 1.1810.
forex_trader_445428
Member Since Jul 19, 2017
90 posts
Aug 08, 2017 at 06:08
1.1670 next support
Member Since Apr 08, 2014
1141 posts
Aug 08, 2017 at 08:09
On yesterday session, the EURUSD rose with a narrow range and closed near the high of the day however the currency pair closed within Friday’s range, which suggests being slightly on the bullish side of neutral.
The currency pair continues trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.1976, other daily resistance at 1.1829, a daily support at 1.1753, the 10-day moving average at 1.1803 (support), a daily support at 1.1460 and other daily support at 1.1556.
The currency pair continues trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.1976, other daily resistance at 1.1829, a daily support at 1.1753, the 10-day moving average at 1.1803 (support), a daily support at 1.1460 and other daily support at 1.1556.
"I trade to make money not to be right."
Member Since Jul 10, 2014
1117 posts
Aug 08, 2017 at 16:16
EUR/USD briefly broke out below 1.1725 today though it has currently retraced above it again. The move to the downside will likely continue and the pair will probably reach 1.1700 - and may even break out below that level.
forex_trader_445428
Member Since Jul 19, 2017
90 posts
Aug 09, 2017 at 06:26
My tp on manual account is 1.1680
forex_trader_445428
Member Since Jul 19, 2017
90 posts
Aug 09, 2017 at 06:31
shorted at current price
Member Since Apr 08, 2014
1141 posts
Aug 09, 2017 at 08:00
On yesterday session, the EURUSD fell with a wide range and closed near the low of the day, in addition the currency pair managed to close below Monday’s low, which suggests a strong bearish momentum.
The currency pair is trading 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: a daily resistance at 1.1976, other daily resistance at 1.1829, a daily support at 1.1753, the 10-day moving average at 1.1796 (resistance), a daily support at 1.1460 and other daily support at 1.1556.
The currency pair is trading 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: a daily resistance at 1.1976, other daily resistance at 1.1829, a daily support at 1.1753, the 10-day moving average at 1.1796 (resistance), a daily support at 1.1460 and other daily support at 1.1556.
"I trade to make money not to be right."
Member Since Jul 10, 2014
1117 posts
Aug 09, 2017 at 17:04
EUR/USD finally bounced off from 1.1690, but considering the impressive shooting star candlestick that has formed on the weekly time-frame at the resistance at 1.1910 this could be just the beginning of the move to the downside.
Member Since Apr 08, 2014
1141 posts
Aug 10, 2017 at 09:10
On yesterday session, the EURUSD initially fell but found enough support to erase all of its losses and managed to close near the high of the day, however the currency pair closed within Tuesday’s range, which suggests being slightly on the bullish side of neutral.
The currency pair is trading 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: a daily resistance at 1.1976, other daily resistance at 1.1829, a daily support at 1.1753, the 10-day moving average at 1.1795 (resistance), a daily support at 1.1460 and other daily support at 1.1556.
The currency pair is trading 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: a daily resistance at 1.1976, other daily resistance at 1.1829, a daily support at 1.1753, the 10-day moving average at 1.1795 (resistance), a daily support at 1.1460 and other daily support at 1.1556.
"I trade to make money not to be right."
Aug 10, 2017 at 11:24
The euro / dollar did not make a substantial move yesterday. Price went down, forming a bottom at 1.1688, but closed higher at 1.1757. The signals are neutral for now. We have an intraday resistance around 1.1785. A clear breakthrough over it can cause further upward pressure for testing at 1.1820 / 50. On the downside, 1.1650 remains key support. A clear break below this level should break the bullish scenario and activate the neutral model.
forex_trader_445428
Member Since Jul 19, 2017
90 posts
Aug 10, 2017 at 12:28
I am still in short trade with the tp target of 1.1680
Aug 10, 2017 at 12:32
The euro recorded a volatile session against the dollar on Wednesday. The pair stayed at the lower levels from the day before and if the bearish sentiment again prevailed, support at 1.1670 will be overcomed. The trading day on Wednesday began at a price of 1.1750 and the final was 8 pips higher. The trend was not clear, with the difference between the highest and the lowest price was 27 pips.
