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victoriajensen
Nov 08 2017 at 18:38
1117 posts
EUR/USD briefly broke out below 1.1575 and formed a new low at 1.1555, but now the pair has retraced back above 1.1575 and continues to consolidate above that level. That said, there could still be a breakout to the downside and a drop to 1.1500.

FXWES
Nov 08 2017 at 20:08
675 posts
EUR/USD today is confined within tight range, probably due to the lack of significant macro news. However technically the short term bias remains bearish according to indicators on the H4 chart.

Hugo ONeill (honeill)
Nov 09 2017 at 10:26
1141 posts
On yesterday session, the EURUSD went back and forward without any clear direction and closed in the middle of the daily range, in addition the currency pair managed to close within Tuesday’s range, which suggests being clearly neutral, neither side is showing control.

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

The key levels to watch are: a daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1618 (resistance), the 1st head and shoulders target at 1.1593 (support), a daily support at 1.1558 and other daily support at 1.1460.

"I trade to make money not to be right."
victoriajensen
Nov 09 2017 at 18:43
1117 posts
EUR/USD bounced off from 1.1575 after forming a hammer candlestick and an inverted hammer candlestick on the daily time-frame at that level. Currently the pair is testing the resistance at 1.1665, a breakout above that level could lead to a move to the upside towards 1.1800.

FXWES
Nov 09 2017 at 19:35
675 posts
The tax reform delay concerns hit the US dollar, which influenced the EUR/USD and thus the pair jumped today to 1.6565.

Hugo ONeill (honeill)
Nov 10 2017 at 09:21
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 Wednesday’s high, which suggests a strong bullish momentum.

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

The key levels to watch are: a daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1621 (support), the 1st head and shoulders target at 1.1593 (support), a daily support at 1.1558 and other daily support at 1.1460.

"I trade to make money not to be right."
Ari Goldman (arigoldman)
Nov 10 2017 at 13:19
907 posts
I expect a move to the upside.

FXWES
Nov 10 2017 at 18:26
675 posts
EUR/USD is trading uplifted today and surpassed the 1.1660 level. The short term outlook is positive and the 1.1690 mark looks more likely to be visited soon.

csc2009
Nov 13 2017 at 07:29
834 posts
Eur/Usd recover to 1.1650 zone from a bearish opening, immediate resistance at 1.1690, bullish trend would resume if the pair recover beyond.

Hugo ONeill (honeill)
Nov 13 2017 at 10:09
1141 posts
On the last Friday’s session the EURUSD went back and forward with a narrow range but closed in the middle of the daily range, in addition the currency pair managed to close above Thursday’s high, which suggests bullish momentum.

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

The key levels to watch are: a daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1624 (support), the 1st head and shoulders target at 1.1593 (support), a daily support at 1.1558 and other daily support at 1.1460.

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