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Wassim Azhari (Wassim)
Jan 08 2016 at 18:24
14 posts
Looking at USdollar c hart. you can see the dollar was over bought, and a 5 waves was formed.

in my opinion the US dollar is losing strength against most currencies. look at charts not news, if you listen to what most people say then the chances are you are trading with the 90% who constantly lose

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Wassim Azhari (Wassim)
Jan 08 2016 at 18:24
14 posts
sorry this usdollar chart

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Việt Trader (Diamond_Trader)
Jan 08 2016 at 18:29
10 posts
It's starting up trend for long term. SL <1.04

Happy trading!...

sherifFares
Jan 08 2016 at 19:23
454 posts
Next challenge for the EUR/USD will be breaking 1.0914, price might bounce from that level if not and closed over I will wait for entry point over the resistance level.

Abdul2012
Jan 08 2016 at 19:32
413 posts
The EUR/USD dropped today to 1.0813 daily resistance level and now moving near the opening point around 1.0900, Is it a sign to testing the 1.1000 this month too?

kieran (snapdragon1970)
Jan 08 2016 at 19:34
1943 posts
Wassim posted:
Looking at USdollar c hart. you can see the dollar was over bought, and a 5 waves was formed.

in my opinion the US dollar is losing strength against most currencies. look at charts not news, if you listen to what most people say then the chances are you are trading with the 90% who constantly lose


Forget about chart patterns and signals when sentiment drives markets at data releases.

"They mistook leverage with genius".
Ari Goldman (arigoldman)
Jan 09 2016 at 14:44
907 posts
Good move last week, quite surprising.

bestdarngood
Jan 09 2016 at 18:36
174 posts
Diamond_Trader posted:
It's starting up trend for long term. SL <1.04

Happy trading!...


I highly doubt that, I think we are just stuck in a tight range for the time being. I believe we are still in a down trend long term. Good luck though.

See my profile or message me for my latest EA
FXWES
Jan 11 2016 at 08:14
675 posts
The single currency broke in the two-day winning streak on Friday. The pair scored a positive week, adding nearly 50 pips. Bottom for the period was reached at 1.0710. Short-term attitudes remain positive, technically the pair is likely to test levels at 1.0995.

Hugo O'Neill (honeill)
Jan 11 2016 at 08:34
1141 posts
On the last Friday’s session the EURUSD initially fell but found strong support at the 50-day moving average and closed in the green, near the high of the day, in addition managed to close within the previous day range, suggesting that bullish momentum is settling in.

The pair closed above the 10 and 50-day moving averages that continue acting as a dynamic support.

The key levels to watch are: 200-day moving average at 1.1052 (resistance), previous swing high at 1.0992 (resistance), 10-day moving average at 1.0870 (support), the 1.0819 (support) and the 50-day moving average at 1.0807 (support).

"I trade to make money not to be right." |
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