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alexforex007
Jul 12 2016 at 02:56
774 posts
The EURUSD in taking a break for now, but it seems like it wants to keep retracing to the upside. Lets see how strong the Euro gets this week.

FXWES
Jul 12 2016 at 05:23
675 posts
On Monday session the single currency remained close to unchanged against the US dollar. The EUR/USD pair traded in relatively narrow range and session closed only only 4 pips up. RSI remains in neutral territory but the pair continues to move below the averages. The negative outlook prevail, as next target appers to be 1.1020.

honeill (honeill)
Jul 12 2016 at 06:41
1141 posts
Yesterday EURUSD went back and forward without any clear direction but managed to close in the green, near the high of the day, although closed within the previous day range, which suggests being slightly on the bullish side of neutral.

The pair continues to trade below all 3 moving averages the 10, 50 and 200 that should act as dynamic resistances.

The key levels to watch are: The 50-day moving average at 1.1203 (resistance), the 200-day moving average at 1.1100 (resistance), a daily resistance at 1.1097, the 10-day moving average at 1.1090 (resistance) and daily support 1.0900.

"I trade to make money not to be right." |
jakemufc
Jul 12 2016 at 06:42
2 posts
Choppy market. It's in a sideways trend between 1.1163-1.10360. Can see this going for quite a while yet!

victoriajensen
Jul 12 2016 at 10:17
1117 posts
EUR/USD is currently testing the resistance at 1.1120, which coincides with (MA)89 on the four-hour time-frame. A breakout above that level will likely lead to a further move to the upside towards target 1.1160.

idimitrov
Jul 12 2016 at 16:15
421 posts
EUR/USD did not make significant movement yesterday. The pair traded higher earlier this morning and hit 1.1090. Trading signals are up in nearest term but as long as price stays below 1.1200, I still prefer a bearish scenario at this phase. Immediate support is at 1.1050. A clear break below could lead the price to neutral zone testing 1.1000, which needs to be clearly pierced down to the preservation of strong bearish scenario with targets near 1.0700. On the upside, a clear break and daily close above 1.1200 would activate my expectations to see the new model as direction, possibly testing 1.1300 - 1.1400.

rosentray
Jul 12 2016 at 18:21
277 posts
The EUR/USD is trading relatively unchanged since yesterday's session. The pair reached a high of 1.1125 and then plummeted again below the 200SMA making a low of 1.1052. The pair is now 1.1069 and is headed to first support at 1.0951.

deresel
Jul 12 2016 at 19:38
708 posts
On Tuesday, the dollar falls against other major currencies as investors shifted attention to the forthcoming meeting of global central banks on expectations of additional stimulus measures from their side.
EUR/USD rose to 1.1098, but later lost 30 pips to 1,1069.

alexforex007
Jul 12 2016 at 22:43
774 posts
There is no clear entry on the EURUSD due to the fact that the pair may go in any direction. Just waiting for it to take a clear trend.

honeill (honeill)
Jul 13 2016 at 06:45
1141 posts
Yesterday EURUSD tried to rally but found enough resistance to give back most of its gains to the market although managed to close in the green but near the low of the day, in addition closed within the previous day range, which suggests being slightly on the bearish side of neutral.

The pair continues to trade below all 3 moving averages the 10, 50 and 200 that should act as dynamic resistances.

The key levels to watch are: The 50-day moving average at 1.1198 (resistance), the 200-day moving average at 1.1102 (resistance), a daily resistance at 1.1097, the 10-day moving average at 1.1086 (resistance) and daily support 1.0900.

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