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Hugo ONeill (honeill)
Aug 14 2017 at 09:10
1141 posts
On the last Friday’s 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 Thursday’s high, which suggests a strong bullish momentum.

The currency pair is now trading above the 10, 50, and 200-day moving averages that should provide dynamic support.

The key levels to watch are: a daily resistance at 1.1976, other daily resistance at 1.1829, the 10-day moving average at 1.1794 (support), a daily support at 1.1753, a daily support at 1.1460 and other daily support at 1.1556.

"I trade to make money not to be right."
csc2009
Aug 14 2017 at 11:31
834 posts
Eur/Usd is struggling regain 1.18 level, but downside seems limited. Maybe a chance to buy.

kieran (snapdragon1970)
Aug 14 2017 at 12:53
1944 posts
csc2009 posted:
Eur/Usd is struggling regain 1.18 level, but downside seems limited. Maybe a chance to buy.


Usually when the index is up cash goes down ,not always but pretty frequent.

"They mistook leverage with genius".
victoriajensen
Aug 14 2017 at 15:41
1117 posts
EUR/USD bounced off from 1.1850 and moved to the downside again. Should the pair break out below 1.1775 the next target is likely at 1.1700.

FXWES
Aug 15 2017 at 05:14
675 posts
EUR/USD started today in bearish consolidation mode. Markets are expecting the German prelim release and US reatail sales data to set direction.

Hugo ONeill (honeill)
Aug 15 2017 at 09:00
1141 posts
On yesterday session, the EURUSD fell with a narrow range and closed near the low of the day however the currency pair closed within Friday’s range, which suggests being slightly on the bearish side of neutral.

The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.

The key levels to watch are: a daily resistance at 1.1976, other daily resistance at 1.1829, the 10-day moving average at 1.1780 (resistance), a daily support at 1.1753, a daily support at 1.1460 and other daily support at 1.1556.

"I trade to make money not to be right."
deresel
Aug 15 2017 at 12:25
708 posts
The single currency recorded a decline against the US dollar on Monday. The session started at 1.1820 and, after a steady downward movement, the euro ended at 1.1779. If the price continues to fall, the pair will head for support at 1.1700. On the upside, we can expect a resistance break at 1.1860.

idimitrov
Aug 15 2017 at 12:51
421 posts
Euro / dollar made a downward correction yesterday, forming a bottom at 1.1769. Expectations are neutral so far, but basically I stay in the Bulls camp and only a clear break back below 1.1650 should break the bullish scenario.

kieran (snapdragon1970)
Aug 15 2017 at 13:41
1944 posts
Eur/USD looks like a nice place to go long after the dip below 17.

"They mistook leverage with genius".
victoriajensen
Aug 15 2017 at 16:23
1117 posts
EUR/USD tested the support at 1.1690 - 1.1700 once again and although it has bounced off from those levels for now a breakout could lead to another move to the downside towards 1.1650.

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