The single currency registered a volatile session against the US dollar on Friday. The currency pair opened at 1.1769 and ended 25 pips higher. The chart continued to grow above the mooving averages, while the relative strength index remained neutral. In the short term, the outlook remains negative, and 1.1735 - the immediate target.
Key levels to watch for:
Support: 1.1735; 1.1670; 1.1590;
Resistance: 1.1875; 1.2000;
Support: 1.1735; 1.1670; 1.1590;
Resistance: 1.1875; 1.2000;
EUR/USD is down with 0.45% for the day with current market price 1.1715, following the increased US dollar’s demand and the headlines from Germany. The pair is en route to the 1.7000 handle.
Nov 20 2017 at 19:28
After a few days of consolidation the shooting star candlestick at 1.1860 on the daily time-frame finally proved to be a valid signal for a move to the downside and the pair started falling. The closest target is likely around 1.1680, which is the (MA)89 indicator on daily time-frame.
I have nice shorts from there.
I'am out before FOMC with yellen.
But i think it will go under 1.117.
I'am out before FOMC with yellen.
But i think it will go under 1.117.
Nov 21 2017 at 08:35
On yesterday session, the EURUSD initially rallied but found enough selling pressure to rub out all of its initial gains and closed near the low of the day, furthermore the currency pair managed to close below Friday’s low, which suggests a strong bearish 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: daily resistance 1.2041, a Key level at 1.1880 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, the 10-day moving average at 1.1735 (support), the 50-day moving average at 1.1731 (support) and a key level at 1.1684 (support).
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: daily resistance 1.2041, a Key level at 1.1880 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, the 10-day moving average at 1.1735 (support), the 50-day moving average at 1.1731 (support) and a key level at 1.1684 (support).
"I trade to make money not to be right." |
Nov 21 2017 at 15:15
The EURUSD is at a poing from where it may go in any direction. The 55 day EMA has been acting as a good support, but a better support is at the 1.1700 level. A break below the 1.1700 level will take the pair to the bearish channel on the daily chart, with a good support at the 200 day EMA around the 1.1500 level. To the upside, above the 1.1800 level, its next resistance could be the 1.1900 level.
Looking at hourly timeframes the pair is in a steady downtrend over the last days. I see signs of correction at around 1.1711. Breaking the 1.1740 level can confirm it.
Main target on D10 TF - is 1,3000 .... - trust me !
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I work on my system from 2007 ...
test on many instruments from 1970 ... (50)
buy before clean tick data for big money ..
so I think she is right ... always right ...
https://www.youtube.com/playlist?list=PLxbroZDzFXbiI0Oh_YoDs-cF3xv_-AOPq
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SNF-Complex system - build in 2007 \ Tested from 1970.
The single currency recorded a decline against the US dollar on Monday. The session started at 1.1784 and the price managed to break twice the support at 1.1735. Eventually the currency pair ended at 1.1732 and if the downward trend continues, the euro will move to support at 1.1670.
