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Hugo ONeill (honeill)
May 23 2018 at 10:10
1141 posts
On yesterday session, the EURUSD went back and forward without any clear direction but managed to close near the low of the day, in addition, closed within Mondays’ range, which suggests being slightly on the bearish side of neutral.

The currency pair continues to trade below the 10, the 50 and the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: the 200-day moving average at 1.2046 (resistance), a daily resistance at 1.2041, the 10-day moving average at 1.1814 (resistance), January low at 1.1915 (resistance), a daily resistance at 1.1829 and a daily support at 1.1753 and a key level at 1.1684 (support).

"I trade to make money not to be right."
Hugo ONeill (honeill)
May 24 2018 at 09:58
1141 posts
On yesterday session, the EURUSD dived with a wide range and closed near the low of the day, in addition, managed to close below Tuesdays’ low, which suggests a strong bearish momentum.

The currency pair continues to trade below the 10, the 50 and the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: the 200-day moving average at 1.2046 (resistance), a daily resistance at 1.2041, the 10-day moving average at 1.1814 (resistance), January low at 1.1915 (resistance), a daily resistance at 1.1829 and a daily resistance at 1.1753 and a key level at 1.1684 (support).

"I trade to make money not to be right."
deresel
May 24 2018 at 16:51
708 posts
EUR/USD
Key levels to watch for:
Support: 1.1720;
Resistance: 1.1920; 1.2070; 1.2260;

Justice1024
May 25 2018 at 07:13
210 posts
At the auction in Europe on Thursday, the focus of market participants was the British pound. It strengthened against the dollar and the euro after strong data on retail sales in the UK.
Market participants reacted by buying the pound, counting on the fact that the data will increase the likelihood of an raise in the basic interest rates by the Bank of England in the near future. The price jumped by 60 points, to 1.3421.

Hugo ONeill (honeill)
May 25 2018 at 09:21
1141 posts
On yesterday session, the EURUSD initially tried to rally with a narrow range but found enough selling pressure to trim half of its gains and closed in the middle of the daily range, in addition, managed to close within Wednesday’s range, which suggests being clearly neutral, neither side is showing control.

The currency pair continues to trade below the 10, the 50 and the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: the 200-day moving average at 1.2046 (resistance), a daily resistance at 1.2041, the 10-day moving average at 1.1766 (resistance), January low at 1.1915 (resistance), a daily resistance at 1.1829 and a daily resistance at 1.1753, a key level at 1.1684 (support) and a daily support at 1.1555.

"I trade to make money not to be right."
kieran (snapdragon1970)
May 25 2018 at 17:50
1945 posts
We will probably get a bounce off this temporary support,but the real support is down at 1.160 on the Daily chart,still possible to pick up 20-30 pips intra day.

"They mistook leverage with genius".
Justice1024
May 26 2018 at 10:19
210 posts
The euro fell against the US dollar on Friday. By the close of US trading, EUR/USD was trading at 1.1650, losing 0.59%. I believe that support is now at 1.1646, the low of Friday's trading, and resistance is likely at 1.1829 - Tuesday's high.

DJFXSierra9
May 27 2018 at 06:37
14 posts
...try 1.1450 to 1.15 for support.

SarahDW
May 28 2018 at 05:55
229 posts
Eur/Usd starts the week with a bullish gap, the pair seems to extend its consolidation movement above 1.17 level.

Hugo ONeill (honeill)
May 28 2018 at 07:59
1141 posts
On the last Friday’s session, the EURUSD took a nosedive with a wide range and closed near the low of the day, in addition, managed to close below Thursday’s low, which suggests a strong bearish momentum.

The currency pair continues to trade below the 10, the 50 and the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: a daily resistance at 1.2041, the 10-day moving average at 1.1762 (resistance), January low at 1.1915 (resistance), a daily resistance at 1.1829 and a daily resistance at 1.1753, a key level at 1.1684 (resistance) and a daily support at 1.1555.

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