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FXWES
Sep 07 2017 at 05:37
675 posts
EUR/USD remains range bounded and is trading around 1.90 mark, as the focus now is set by the anticipation of the ECB moneraty policy desicion.

Hugo ONeill (honeill)
Sep 07 2017 at 09:36
1141 posts
On yesterday session, the EURUSD initially tried to rally but found enough selling pressure to erase most of its gains and close near the low of the day, in addition the currency pair managed to close within Tuesday’s range, which suggests being slightly on the bearish side of neutral.

The currency pair closed shy above the 10-day moving average that should provide dynamic support and continues trading above the 50 and 200-day moving averages that should also provide dynamic support.

The key levels to watch are: a daily resistance at 1.2041, other daily resistance at 1.1976, a daily support at 1.1910, the 10-day moving average at 1.1919 (support), other daily support at 1.1829 and a daily support at 1.1753.

"I trade to make money not to be right."
Ari Goldman (arigoldman)
Sep 07 2017 at 12:11
907 posts
Interest rate unchanged. Let's see how Draghi moves the market in 20 mins.

victoriajensen
Sep 07 2017 at 17:27
1117 posts
EUR/USD failed to break out above 1.2070 again. The pair still seems quite bullish though, so there might be another move to the upside.

FXWES
Sep 07 2017 at 18:14
675 posts
The start of Draghi’s press conference skyrocketed the EUR/USD pair to a new fresh high at 1.2059. However later the pair retreated and the current market price is 1.2003. Upside remains capped by 1.2040 while dowside is limitted by 1.1980.

Hugo ONeill (honeill)
Sep 08 2017 at 07:54
1141 posts
On yesterday session, the EURUSD rallied with a wide range and managed to close near the high of the day, in addition the currency pair closed above Wednesday’s high, which suggests a strong bullish momentum.

The currency pair is 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 1.2115, other daily resistance at 1.2041, a daily support at 1.1976, other daily support at 1.1910, the 10-day moving average at 1.1932 (support), other daily support at 1.1829 and a daily support at 1.1753.

"I trade to make money not to be right."
victoriajensen
Sep 08 2017 at 17:18
1117 posts
EUR/USD rallied again today and formed a new high at 1.2090. Clearly the bullish trend is not over yet and there will likely be a breakout above 1.2100.

FXWES
Sep 09 2017 at 11:19
675 posts
EUR/USD closed slightly above 1.20, up more than 150 pips for the week. The pair might meet first challenge at 1.2090, next at 1.2170 and higher at 1.2245. Looking to downside fist support is seen at 1.2000, second at 1.1945 and lower at 1.1875.

csc2009
Sep 11 2017 at 06:41
834 posts
Market still fear on how Hurricans would affect the Dollar, I'm expecting the pair would extend its gain afer the correction movement. Resistance can be found around 1.2090/1.2100 zone.

Hugo ONeill (honeill)
Sep 11 2017 at 09:37
1141 posts
On the last Friday’s session the EURUSD initially tried to rally but found enough resistance at 1.2090 to erase most of its gains and close near the low of the day, however the currency pair closed within Thursday’s range, which suggests being slightly on the bearish side of neutral.

The currency pair is 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 1.2115, other daily resistance at 1.2041, a daily support at 1.1976, other daily support at 1.1910, the 10-day moving average at 1.1948 (support), other daily support at 1.1829 and a daily support at 1.1753.

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