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alexforex007
Apr 14 2016 at 19:19
774 posts
Indecision on the EURUSD for today, but the bearish trend is still in place. The pair may try to visit the 1.1200 level.

rosentray
Apr 14 2016 at 20:17
277 posts
The EUR/USD reached 1.1233 in today's trading session and is currently trading at 1.1258. 1.1260 is support now and price might attempt to climb above this level and possibly close the week above 1.13.

Hugo ONeill (honeill)
Apr 15 2016 at 07:27
1141 posts
Yesterday EURUSD initially fell but found enough support to trim some of its losses and closed in the middle of the daily range, however managed to close below the previous day low, suggesting a weak bearish momentum.

The pair is trading below the 10-day moving average that is acting as a dynamic resistance but is above the 50 and the 200-day moving averages that are acting as dynamic supports.

The key levels to watch are: A daily resistance at 1.1459, the 10-day moving average at 1.1366 (resistance), the previous swing high at 1.1342 (resistance), a daily support at 1.1237, the 50-day moving average at 1.1173 (support) and a previous swing low at 1.1144 (support).

"I trade to make money not to be right."
FXWES
Apr 15 2016 at 07:51
675 posts
EUR/USD broke from the recent consolidation zone between 1.1330 and 1.1440. As long as the pair stays below 1.1330, the outlook remains bearish.

rosentray
Apr 15 2016 at 08:10
277 posts
The EUR/USD is trading relatively unchanged since yesterday's close as it seems to have been caught in a range between 1.1280 and 1.1240. A move to the upside might be expected as price is resting on a short-term support zone.

victoriajensen
Apr 15 2016 at 16:12
1117 posts
The pair formed a spinning top above the support at 1.1230 and started moving to the upside. It's currently testing the resistance at 1.1300 but it's unlikely to break above that level before the market closes later today.

csc2009
Apr 16 2016 at 01:25
834 posts
The pair is slightly bearish, but downside movement seems limited as well as upside potential also capped to 1.1310/20 zone.

Ari Goldman (arigoldman)
Apr 17 2016 at 19:35
907 posts
Exciting week ahead!

HalleyFX
Apr 17 2016 at 22:28
83 posts
arigoldman posted:
Exciting week ahead!


May I ask what's so exciting about this particular week...(besides 21 April 2016)

Hugo ONeill (honeill)
Apr 18 2016 at 07:33
1141 posts
On the last Friday’s session the EURUSD went back and forward without any clear direction but managed to close in the green however in the middle of the daily range, in addition closed within the previous day range, suggesting lack momentum and indecision among investors.

The pair is trading below the 10-day moving average that is acting as a dynamic resistance but is above the 50 and the 200-day moving averages that are acting as dynamic supports.

The key levels to watch are: A daily resistance at 1.1459, the 10-day moving average at 1.1355 (resistance), the previous swing high at 1.1342 (resistance), a daily support at 1.1237, the 50-day moving average at 1.1174 (support) and a previous swing low at 1.1144 (support).

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