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rap17
Nov 23 2016 at 14:44
12 posts
was any1 watching this. a massive, massive drop and with no info on updates???

kieran (snapdragon1970)
Nov 23 2016 at 19:57
1945 posts
rap17 posted:
was any1 watching this. a massive, massive drop and with no info on updates???

Yes ,ECB comment extending bond buying and US data.

"They mistook leverage with genius".
FXWES
Nov 23 2016 at 20:55
675 posts
Currently the EUR/USD pair is exposed to further downward slope, having in mind that is placed below 1.0600 area and also below the moving averages. Immediate resistance is seen at 1.0605, where know is lying the 20-day SMA. Support is located now at 1.0525 and lower at 1.0500.

rosentray
Nov 24 2016 at 07:02
277 posts
EUR/USD is trading at 1.0539 while market participants are expecting the latest Advance Goods Trade Balance. The pair has been in the downturn since Trump's victory. As it seems, the Trump tidal wave proofed to be very resilient.

Hugo ONeill (honeill)
Nov 24 2016 at 09:50
1141 posts
Yesterday the EURUSD fell with a wide range and closed near the low of the day, in addition the pair managed to close below previous day low, which suggests a strong bearish momentum.

The pair continues to trade well below the 10, 50 and the 200-day moving average that should act as dynamic resistances.

The key levels to watch are: a daily resistance at 1.0819 (resistance), a Fibonacci extension at 1.0666 (resistance), the 10-day moving average at 1.0661(resistance), a daily resistance at 1.0622 and the all-time low at 1.0462 (support).

"I trade to make money not to be right."
victoriajensen
Nov 24 2016 at 12:49
1117 posts
EUR/USD bounced off 1.0540 and it might climb back up to 1.0600, but the overall trend remains very bearish. The move to the downside will likely contonue until the pair eventually reaches the previous low at 1.0462.

FXWES
Nov 24 2016 at 20:46
675 posts
The EUR/USD pair is moving under the bearish 20-day SMA. The technical indicators are placed within bearish mode. Furtehr slides and a break below 1.0505 are well expected.

idimitrov
Nov 25 2016 at 06:27
421 posts
The euro rose against the dollar on Friday. By the end of the Asian session EUR/USD was trading at 1.0571, gaining 0.16%. I believe that the support is now located at the level of 1.0515, the low of Thursday, and resistance is likely at the level of 1.0660 - the maximum of Tuesday.

FXWES
Nov 25 2016 at 07:32
675 posts
The single currency performed neutral during Thursday session. The opening price of opening completely coincided with that of closing - 1.0551. The EUR/USD moved within extremely narrow range, but the pair managed to break the first support at 1.0519 and reached its lowest level for the day at 1.0517. If bearish sentiment continue to dominate , the second key level at 1.0452 could be tested soon.

Hugo ONeill (honeill)
Nov 25 2016 at 08:56
1141 posts
Yesterday the EURUSD went back and forward without any clear direction although closed slightly in the green, in the middle of the daily range, creating a doji pattern. In addition the pair closed within the previous day range, which suggests being clearly neutral, neither side is showing control.

The pair continues to trade well below the 10, 50 and the 200-day moving average that should act as dynamic resistances.

The key levels to watch are: a daily resistance at 1.0819 (resistance), a Fibonacci extension at 1.0666 (resistance), the 10-day moving average at 1.0633(resistance), a daily resistance at 1.0622 and the all-time low at 1.0462 (support).

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