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csc2009
Jan 02 2017 at 03:54
834 posts
Is year 2017 really going to be better than year 2016? I wonder. Just remember Trump is actually going to become president from 20th January this year.

idimitrov
Jan 02 2017 at 08:44
421 posts
Dollar drops in the end of New Year in a weakened trade.
The euro rose by 0.9% against the dollar to 1.0510, retreating from a 13-year low of 1.0352 last week.

rosentray
Jan 02 2017 at 09:17
277 posts
EUR/USD is trading lower today after the flash crash from last week took the pair to a high of 1.0650. Price is now 1.0481 and it appears that US dollar bulls are again ready to take control over the market.

Hugo ONeill (honeill)
Jan 02 2017 at 10:06
1141 posts
On the last Friday’s session the EURUSD initially rose with a narrow range but found enough selling pressure at the 50-day moving average to reverse and closed near the low of the day, although the currency pair managed to close above Thursday’s high, which suggests a weak bullish momentum.

The currency pair is trading above the 10-day moving average that should act as a dynamic support but continues to trade below the 50 and the 200-day moving averages that should act as dynamic resistances.

The key levels to watch are: a Fibonacci extension at 1.0666 (resistance), a daily resistance at 1.0622, the 10-day moving average at 1.0444 (support), a daily support at 1.0462 and the new multi-year low at 1.0352(support).

"I trade to make money not to be right."
rap17
Jan 02 2017 at 12:30
12 posts
but there is no trading today unless i have missed something???

victoriajensen
Jan 02 2017 at 13:07
1117 posts
EUR/USD is moving to the downside after forming an impressive shooting star candlestick on the daily time-frame. Next target is likely the support at 1.0400 and if it breaks out below that level it will probably test the previous low at 1.0352.

Hugo ONeill (honeill)
Jan 03 2017 at 09:51
1141 posts
On yesterday session, the EURUSD fell with a narrow range and closed near the low of the day, in addition managed to close below Friday’s low, which suggests a strong bearish momentum.

The currency pair is still closing above the 10-day moving average that should act as a dynamic support but continues to trade below the 50 and the 200-day moving averages that should act as dynamic resistances.

The key levels to watch are: a Fibonacci extension at 1.0666 (resistance), a daily resistance at 1.0622, a daily support at 1.0462, the 10-day moving average at 1.0450 (support) and the 2016 low at 1.0352(support).

"I trade to make money not to be right."
rosentray
Jan 03 2017 at 10:14
277 posts
The euro is depreciated again against the dollar in the second trading day of the year. The pair went to a low below 1.04 and is bow trading at 1.0412.


victoriajensen
Jan 03 2017 at 13:41
1117 posts
EUR/USD is very bearish and the pair is testing once again the support at 1.0370. If it breaks out below that level the move to the downside will likely continue.

rob559
Jan 03 2017 at 14:28
1916 posts
think the euro hit is true value,according to the state of financial dissaray of most europen socialist countries

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