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Jean-Pierre P. Aznavour II (eNyComics)
Feb 01 2017 at 07:54
36 posts
The EURUSD is going down, it's bearish

"If you are makeing less than 500% a month you aren't doing it right!"
rosentray
Feb 01 2017 at 07:56
277 posts
EUR/USD is trading relatively unchanged from yesterday's levels around 1.08. The pair might consolidate for the next few hours in expectation of the next market news that can hint a direction.

Jean-Pierre P. Aznavour II (eNyComics)
Feb 01 2017 at 08:00
36 posts
We are in the money

"If you are makeing less than 500% a month you aren't doing it right!"
Hugo ONeill (honeill)
Feb 01 2017 at 09:23
1141 posts
On yesterday session, the EURUSD rallied with a wide range and closed near the high of the day, in addition the currency pair managed to close above the previous day high, which suggests a strong bullish momentum.

The currency pair is trading above the 50-day moving average and succeed in closing above the 10 day moving average that also should act as a dynamic support but remains trading below the 200-day moving average that should act as dynamic resistance.

The key levels to watch are: a daily resistance at 1.0819, the 10-day moving average at 1.0724 (support), a daily support at 1.0622, the 50-day moving average at 1.0583 (support) and a daily support at 1.0462.

"I trade to make money not to be right."
Baldo (BaldoN)
Feb 01 2017 at 11:05
522 posts
EUR/USD - just consolidate above 1.0775 support. Most likely the way should be in favor of the EUR and over 1.08, but let's first leave the choppy.

victoriajensen
Feb 01 2017 at 14:41
1117 posts
After moving to the upside yesterday the pair found some resistance at 1.0810, formed a double top at that level, as well as a hanging man candlestick on the one-hour time-frame, and started dropping. The closest target is likely at 1.0740, which is the (MA)89 indicator on the same time-frame.

alexforex007
Feb 02 2017 at 02:10
774 posts
The EURUSD keeps its bullish channel, but now it needs to break above the 1.0800 level in order for the trend to continue, otherwise, it may try to pullback to the 1.0700 level.

Hugo ONeill (honeill)
Feb 02 2017 at 09:44
1141 posts
On yesterday session, the EURUSD initially fell with a narrow range but found enough buying pressure to trim some of its losses and closed in the middle of the daily range, in addition the currency pair managed to close within the previous day range, which suggests being clearly neutral, neither side is showing control.

The currency pair is trading above the 10 and 50-day moving averages that should act as dynamic supports but remains trading below the 200-day moving average that should act as dynamic resistance.

The key levels to watch are: a daily resistance at 1.0819, the 10-day moving average at 1.0730 (support), a daily support at 1.0622, the 50-day moving average at 1.0585 (support) and a daily support at 1.0462.

"I trade to make money not to be right."
FXWES
Feb 02 2017 at 10:55
675 posts
EUR/USD is trading elevated today, crossing to above the 1.08 handle and the current market price is 1.0812. Technical readings confirm the bullish trend, but the pair is facing strong resistance at 1.0840 area. If conquering it, door would be open for testing 1.09 zone.

victoriajensen
Feb 02 2017 at 14:38
1117 posts
EUR/USD bounced off 1.0730 and started moving to the upside, eventually forming a new high at 1.0828. Next target is likely 1.0900 indeed.

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