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EUR/USD
Member Since Apr 08, 2014
1141 posts
Aug 28, 2017 at 09:20
Member Since Apr 08, 2014
1141 posts
On the last Friday’s session the EURUSD rallied with a wide range plus wide spread and closed near the high of the day, in addition the currency pair managed to close above Thursday’s range, which suggests a strong bullish 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 1.2041, other daily resistance at 1.1976, a daily support at 1.1910, other daily support at 1.1829, the 10-day moving average at 1.1822 (support), and a daily support at 1.1753.
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 1.2041, other daily resistance at 1.1976, a daily support at 1.1910, other daily support at 1.1829, the 10-day moving average at 1.1822 (support), and a daily support at 1.1753.
"I trade to make money not to be right."
Member Since Jul 10, 2014
1117 posts
Aug 28, 2017 at 15:12
Member Since Jul 10, 2014
1117 posts
EUR/USD is testing the last high at 1.1960. Unless the pair forms a double top and starts falling, it will likely reach 1.2000, maybe even break out above that level.
Member Since Apr 08, 2014
1141 posts
Aug 29, 2017 at 09:05
Member Since Apr 08, 2014
1141 posts
On yesterday session, the EURUSD initially fell but found enough support near the Fridays close to erase all its losses and closed near the high of the day, in addition the currency pair managed to close above Friday’s high, which suggests a strong bullish 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 1.2115, other daily resistance at 1.2041, a daily support at 1.1910, the 10-day moving average at 1.1860 (support), a daily support at 1.1829, and a daily support at 1.1753.
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 1.2115, other daily resistance at 1.2041, a daily support at 1.1910, the 10-day moving average at 1.1860 (support), a daily support at 1.1829, and a daily support at 1.1753.
"I trade to make money not to be right."
Member Since Jul 10, 2014
1117 posts
Aug 29, 2017 at 15:13
Member Since Jul 10, 2014
1117 posts
EUR/USD broke out above 1.2000 with ease and reached a new high at 1.2070 before bouncing off from that level. If the pair breaks out above that resistance next target is likely at 1.2100.
Member Since Jul 10, 2014
1117 posts
Aug 30, 2017 at 14:58
Member Since Jul 10, 2014
1117 posts
EUR/USD continues retracing after bouncing off from 1.2070. What is more, the pair has formed a shooting star candlestick on the daily time-frame at that level, which is a signal for a further move to the downside, likely towards 1.1830 - 1.1800.
Member Since Apr 08, 2014
1141 posts
Aug 30, 2017 at 15:07
Member Since Apr 08, 2014
1141 posts
On yesterday session, the EURUSD initially rallied but found enough resistance at 1.2041 to erase all its gains and closed near the low of the day, however the currency pair managed to close within Monday’s range, which suggests being slightly on the bearish 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 1.2115, other daily resistance at 1.2041, a daily support at 1.1910, the 10-day moving average at 1.1867 (support), a daily support at 1.1829, and a daily support at 1.1753.
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 1.2115, other daily resistance at 1.2041, a daily support at 1.1910, the 10-day moving average at 1.1867 (support), a daily support at 1.1829, and a daily support at 1.1753.
"I trade to make money not to be right."
Member Since Oct 11, 2013
775 posts
Member Since Apr 08, 2014
1141 posts
Aug 31, 2017 at 09:13
Member Since Apr 08, 2014
1141 posts
On yesterday session, the EURUSD dived with a wide range plus with a wide spread and managed to close near the low of the day, in addition the currency pair managed to close below Tuesday’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 1.2115, other daily resistance at 1.2041, a daily support at 1.1910, the 10-day moving average at 1.1878 (support), a daily support at 1.1829, and a daily support at 1.1753.
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 1.2115, other daily resistance at 1.2041, a daily support at 1.1910, the 10-day moving average at 1.1878 (support), a daily support at 1.1829, and a daily support at 1.1753.
"I trade to make money not to be right."
Member Since Jul 10, 2014
1117 posts
Aug 31, 2017 at 16:26
Member Since Jul 10, 2014
1117 posts
EUR/USD bounced off from 1.1820 after finding some support there. The pair will likely consolidate until the fundamentals tomorrow.
Member Since Apr 08, 2014
1141 posts
Sep 01, 2017 at 08:51
Member Since Apr 08, 2014
1141 posts
On yesterday session, the EURUSD initially fell but found enough support at 1.1829 to trim all its losses and managed to close near the high of the day, although the currency pair closed within Wednesday’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 1.2115, other daily resistance at 1.2041, a daily resistance at 1.1910, the 10-day moving average at 1.1889 (support), a daily support at 1.1829, and a daily support at 1.1753.
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 1.2115, other daily resistance at 1.2041, a daily resistance at 1.1910, the 10-day moving average at 1.1889 (support), a daily support at 1.1829, and a daily support at 1.1753.
"I trade to make money not to be right."
Member Since Dec 08, 2014
14 posts
Member Since Oct 02, 2014
909 posts
Sep 03, 2017 at 13:05
Member Since May 01, 2015
675 posts
Last week the EUR/USD pair did an amazing rally and hit a two year high at 1.2070, but afterwards sharply dropped to 1.19. The greenback sank on Friday after Bloomberg dropped headline that the ECB will probably delay tapering QE beyond September, which is responsible for the rally and thus the expectations of the market participants were poured with cold water.
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