EUR/USD

Jun 17, 2012 at 11:03
183,593 Views
9,776 Replies
Member Since Apr 08, 2014   1141 posts
Sep 18, 2017 at 09:44
On the last Friday’s session the EURUSD initially rallied but found enough resistance at 1.1976 to trim some of its gains and closed in the middle of the daily range, however the currency pair closed above Thursday’s high, which suggests a bullish 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 1.2115, other daily resistance at 1.2041, a daily resistance at 1.1976, the 10-day moving average at 1.1961 (resistance), a daily resistance at 1.1910, 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 02, 2014   909 posts
Sep 18, 2017 at 17:13
The week is packed with fundamentals, let's see how it unfolds. I'm bearish on US.
Positivity
Member Since May 01, 2015   675 posts
Sep 18, 2017 at 17:20
The US dollar took some advantage against the signle currentcy and the pair is now developing few pips above the 20-day SMA.
Member Since May 01, 2015   675 posts
Sep 19, 2017 at 05:23
EUR/USD gains momentum this morning. The pair tested the 1.1975 and now is heading towards 1.20.
Member Since Aug 12, 2015   40 posts
Sep 19, 2017 at 07:15
I'm being extra careful on this pair. The Dollar Dax has been positive all day and the currency dipped and then returned to its previous levels. I believe there is a lot of bullish pressure out there, just waiting for the Dollar to stumble if either Trump's speech to the UN is not considered positive or if the FOMC on Wednesday doesn't strongly affirm a rate increase soon.
Member Since Apr 08, 2014   1141 posts
Sep 19, 2017 at 08:32
On yesterday session, the EURUSD went back and forward without any clear direction although closed in the green, in the middle of the daily range, in addition the currency pair managed to close within Friday’s range, which suggests being clearly neutral, neither side is showing control.

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 1.2115, other daily resistance at 1.2041, a daily resistance at 1.1976, the 10-day moving average at 1.1960 (resistance), a daily resistance at 1.1910, a daily support at 1.1829 and a daily support at 1.1753.
"I trade to make money not to be right."
Member Since Apr 09, 2014   834 posts
Sep 19, 2017 at 14:31
After the pair tested the psychological 1.2000 level, Eur/Usd seems lost its upside momentum. US housing and export/import data will be next one to watch.
Member Since May 01, 2015   675 posts
Sep 19, 2017 at 18:23
EUR/USD marked fresh weekly high today at 1.2005, but retreated later to currently trade at 1.1996. To gain upward traction the bulls should conquer the resistance at 1.2030.
Member Since Aug 12, 2015   40 posts
Sep 20, 2017 at 06:22
Nothing of significance on any of the dollar pairs will happen until FOMC tomorrow.
Member Since Sep 20, 2017   1 posts
Sep 20, 2017 at 06:36
EURUSD looking bullish as it pushes through the previous high around 1.2005
Member Since Apr 08, 2014   1141 posts
Sep 20, 2017 at 09:46
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 Monday’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 daily resistance at 1.2115, other daily resistance at 1.2041, a daily support at 1.1976, the 10-day moving average at 1.1957 (support), a daily support at 1.1910, other daily support at 1.1829 and another daily support at 1.1753.
"I trade to make money not to be right."
Member Since May 01, 2015   675 posts
Sep 20, 2017 at 17:48
EUR/USD is trading uplifted today, finally succeeded to hold above 1.20.
Member Since Nov 30, 2015   12 posts
Sep 21, 2017 at 06:52
wow, euro just did a massive dive......y
dj_h63@
Member Since Apr 08, 2014   1141 posts
Sep 22, 2017 at 08:32
On yesterday session, the EURUSD initially fell but found enough buying pressure near the 50-day moving average to reverse and managed to close near the high of the day, however the currency pair closed within Wednesday’s range, which suggests being slightly on the bullish side of neutral.

The currency pair closed 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 1.2115, other daily resistance at 1.2041, a daily resistance at 1.1976, the 10-day moving average at 1.1941 (resistance), a daily resistance at 1.1910, the 50-day moving average at 1.1861 (support), a daily support at 1.1829 and another daily support at 1.1753.
"I trade to make money not to be right."
Member Since Apr 09, 2016   421 posts
Sep 22, 2017 at 08:50
The euro rose against the US dollar on Friday. During Asian trading, EUR/USD was trading at 1.1963, gaining 0.18%. I believe that support is now at 1.11862, the minimum of Wednesday, and resistance, probably, will be at 1.2033 - the maximum of Wednesday.
Member Since Nov 16, 2015   708 posts
Sep 22, 2017 at 17:08
idimitrov posted:
The euro rose against the US dollar on Friday. During Asian trading, EUR/USD was trading at 1.1963, gaining 0.18%. I believe that support is now at 1.11862, the minimum of Wednesday, and resistance, probably, will be at 1.2033 - the maximum of Wednesday.

Interesting levels of support and resistance.
Member Since Nov 16, 2015   708 posts
Sep 22, 2017 at 17:35
These are mine:
Support: 1.1834; 1.1735;
Resistance: 1.2102.
Member Since Apr 09, 2014   834 posts
Sep 25, 2017 at 06:26
The pair opens the week with a bearish gap.
Member Since Apr 08, 2014   1141 posts
Sep 25, 2017 at 08:17
On the last Friday’s session the EURUSD initially rallied but found enough resistance at 1.1976 to trim most of its gains and closed near the low of the day, however the currency pair closed within Thursday’s range, which suggests being slightly on the bearish 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 1.2115, other daily resistance at 1.2041, a daily resistance at 1.1976, the 10-day moving average at 1.1934 (resistance), a daily resistance at 1.1910, the 50-day moving average at 1.1868 (support), a daily support at 1.1829 and another daily support at 1.1753.
"I trade to make money not to be right."
Member Since Oct 12, 2016   855 posts
Sep 25, 2017 at 14:43
EURUSD should go for a sharp bullish ride in long run within next few months considering the weakening of USD.
Artificial General Intelligence
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.