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Hugo O'Neill (honeill)
Jun 08 2018 at 07:33
1141 posts
On yesterday session, the EURUSD initially tried to rally but found enough resistance at 1.1829 to trim most of its gains and closed in the middle of the daily range, in addition, managed to close slightly above Wednesday’s high, which suggests a bullish momentum.

The currency pair is trading above the 10-day moving average that should provide a dynamic support, nonetheless, it continues to trade below the 50 and the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829 and a daily support at 1.1753, the 10-day moving average at 1.1699 (support), a key level at 1.1684 (support), a daily support at 1.1555 and year-to-date low at 1.1509.

"I trade to make money not to be right." |
KovanBoy (KovanBoy)
Jun 08 2018 at 07:58
7 posts
After recovering 1.1750, I believe EUR/USD has turned bullish.

Justice1024
Jun 08 2018 at 16:02
210 posts
The single currency recorded a modest rise against the US dollar on Thursday. The session started at 1.1772 and finished 26 pips higher. Daily extreme values ​​were reached at 1.1772 and 1.1839, respectively. In the short run, EUR / USD continues to trade on a positive territory, with a main target of 1.1920. Immediate support is 1.1720.

Ari Goldman (arigoldman)
Jun 08 2018 at 17:27
907 posts
EUR/USD gave away some of its gains today, still on pace though. I'm expecting more upside next week ,probably above 1.1850.

Justice1024
Jun 09 2018 at 08:38
210 posts
The euro fell against the US dollar on Friday. By the close of US trading, EUR / USD was trading at 1.1770, losing 0.25%. I believe that support is now at 1.1562, Tuesday's low, and resistance is likely at 1.1842 - Thursday's high.

SarahDW
Jun 11 2018 at 06:08
229 posts
Eur/Usd correction movement seems to continue, the upside is limited. Immediate resistance can be found at 1.1800 psychological handle.

Hugo O'Neill (honeill)
Jun 11 2018 at 08:08
1141 posts
On the last Friday’s session, the EURUSD fell with a wide range but found enough buying pressure to trim some of its losses although closed in the red, in the middle of the daily range, in addition, managed to close below Thursday’s range, which suggests a bearish momentum.

The currency pair is trading above the 10-day moving average that should provide a dynamic support, nonetheless, it continues to trade below the 50 and the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829 and a daily support at 1.1753, the 10-day moving average at 1.1734 (support), a key level at 1.1684 (support), a daily support at 1.1555 and year-to-date low at 1.1509.

"I trade to make money not to be right." |
Hugo O'Neill (honeill)
Jun 12 2018 at 07:49
1141 posts
On yesterday session, the EURUSD initially tried to rally but found enough resistance near 1.1829 to erase some of its gains and closed near the low, however, managed to close within Friday’s range, which suggests being slightly on the bearish side of neutral.

The currency pair is trading above the 10-day moving average that should provide a dynamic support, nonetheless, it continues to trade below the 50 and the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily support at 1.1753, the 10-day moving average at 1.1742 (support), a key level at 1.1684 (support), a daily support at 1.1555 and year-to-date low at 1.1509.

"I trade to make money not to be right." |
Hugo O'Neill (honeill)
Jun 13 2018 at 07:15
1141 posts
On yesterday session, the EURUSD initially rose but found enough selling pressure near previous day high to reverse and managed to close near the low of the day, in addition, closed below Mondays’ low, which suggests a strong bearish momentum.

The currency pair is trading above the 10-day moving average that should provide a dynamic support, nonetheless, it continues to trade below the 50 and the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily support at 1.1753, the 10-day moving average at 1.1746 (support), a key level at 1.1684 (support), a daily support at 1.1555 and year-to-date low at 1.1509.

"I trade to make money not to be right." |
ManukSabung
Jun 14 2018 at 04:08
110 posts
honeill posted:
On yesterday session, the EURUSD initially rose but found enough selling pressure near previous day high to reverse and managed to close near the low of the day, in addition, closed below Mondays’ low, which suggests a strong bearish momentum.

The currency pair is trading above the 10-day moving average that should provide a dynamic support, nonetheless, it continues to trade below the 50 and the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily support at 1.1753, the 10-day moving average at 1.1746 (support), a key level at 1.1684 (support), a daily support at 1.1555 and year-to-date low at 1.1509.


So the trend momentum is bearish ????

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