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ChangGoh
Apr 11 2017 at 07:38
36 posts
Having failed once again to survive above 1.06 handle, the EUR/USD pair entered a phase of consolidation just below the last, as the US dollar stalled its renewed upside to waver in a tight range just shy of 101 handle.

The pair is trading at 1.0580, down -0.15%, having posted a daily high at 1.0602 and low at 1.0579.
rosentray
Apr 11 2017 at 08:28
277 posts
EUR/USD appears to be strengthening in price. The pair is now 1.05977. First bull target is seen at 1.0828, second rests at 1.10.
kieran (snapdragon1970)
Apr 11 2017 at 11:11
1948 posts
EUR/USD long 08554, we got the breakout above 060 and almost hit 06200, see some profit taking down to 060 then a possible bounce.
"They mistook leverage with genius".
Baldo (BaldoN)
Apr 11 2017 at 12:10
522 posts
EUR/USD - I expect that 1.0625/35 may stop for the moment EUR rising. Me personally will wait for those levels to find an entry from the sell side for a scalp :)
kieran (snapdragon1970)
Apr 11 2017 at 12:23
1948 posts
There is a possible resistance at 06280, if we get that far could get more insight at 1.30, I'm holding long till I see something that changes my mind.
"They mistook leverage with genius".
kieran (snapdragon1970)
Apr 11 2017 at 13:22
1948 posts
No major sell off for now, the trend may well continue slowly, if it breaks 6080 again Ill be going short
"They mistook leverage with genius".
kieran (snapdragon1970)
Apr 11 2017 at 15:14
1948 posts
EUR/USD trade still holding next resistance 06600, last major spike
"They mistook leverage with genius".
rosentray
Apr 12 2017 at 06:53
277 posts
EUR/USD is going higher today after a few days of consolidation around 1.06. The pair is now 1.0616. First bull target is seen at 1.0625.
Baldo (BaldoN)
Apr 12 2017 at 10:42
522 posts
EUR/USD - The price did not breaks above 1.6028 and now is back to 1.0600. I believe the USD will push now up to 1.0570 for the short term.
kieran (snapdragon1970)
Apr 12 2017 at 12:03
1948 posts
Closed out my eur/usd yesterday after 4, I had moved up my stop loss to take max profit on any weakness, right now looking at the trend it has to break 05950 to go lower otherwise the up trend might continue, CAD and Oil news later at 2-2.30GMT.
"They mistook leverage with genius".
ChangGoh
Apr 13 2017 at 06:49
36 posts
Trump Bump is associated with broad-based US dollar strength and rally in the equities, base metals.

But what we are seeing now is a “different kind of Trump Bump” – Trump’s bearish comments on the US dollar and the dovish talk about the interest rate bumped up EUR/USD/led to broad-based losses in the US dollar.

The 10-year treasury yield fell to a five-month low of 2.22%, thus weighing over the US dollar. The Trump-led sell-off in the US Dollar saw the EUR/USD close well above the 50-DMA level of 1.0656.

Currently, EUR/USD is trading at 1.0669, up +0.04%, having posted a daily high at 1.0677 and low at 1.0660.

TREND INDEX:
Bullish

AVG SELL PRICE:
1.0694

AVG BUY PRICE:
1.0637

To know the stop loss and target price for Forex Pairs visit https://www.mmfsolutions.sg

Attachments:

Baldo (BaldoN)
Apr 13 2017 at 08:57
522 posts
EUR/USD - The zone around 1.0629/35 looks good for taking short term long positions with tight stop and targets around 1.0650/55.
kieran (snapdragon1970)
Apr 13 2017 at 10:46
1948 posts
Was watching eur/usd just mins before the Trump comments, missed the bullish move but managed to pick off 100 points , to risky to hold overnight on the short side with spikes around 10pm, with a sell off at 7am and further sell at London open in my view we could see a round trip back down to 060.
"They mistook leverage with genius".
kieran (snapdragon1970)
Apr 13 2017 at 11:15
1948 posts
Strong US PPI expected for March which should impact on the dollar would take us lower, Easter holiday traders will be closing out positions early not to get stuck in trades over the weekend.
"They mistook leverage with genius".
Rajib Bhattacharjee (rajib4)
Apr 13 2017 at 12:02
3 posts
rajib4 posted:
Went for a long an hour back, let's see how it turns out...


Good to see my levels are holding very well till now, as given in chart would close the trade once the price is near 1.0720

Green pips to all... 😄
kieran (snapdragon1970)
Apr 13 2017 at 13:16
1948 posts
"They mistook leverage with genius".
rosentray
Apr 14 2017 at 07:28
277 posts
EUR/USD is now trading at 1.0615 amidst mild volatility ahead of the US CPI and Advanced Retail Sales data.
rosentray
Apr 17 2017 at 07:33
277 posts
EUR/USD is trading slightly higher in today's early European hours. The pair is currently at 1.0635 as market participants are getting ready to return to the markets after a few days of rest and low volumes.
kieran (snapdragon1970)
Apr 18 2017 at 15:30
1948 posts
rajib4 posted:
rajib4 posted:
Went for a long an hour back, let's see how it turns out...


Good to see my levels are holding very well till now, as given in chart would close the trade once the price is near 1.0720

Green pips to all... 😄

How's your EUR/USD trade ?:)
"They mistook leverage with genius".
rosentray
Apr 19 2017 at 06:44
277 posts
EUR/USD is trading higher today after a good start of the week yesterday. The pair reached a high of 1.0735 and is now trading slightly lower at 1.0724.
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