EUR/USD
Členem od Jun 08, 2014
454 příspěvků
Feb 01, 2016 at 17:10
EUR/USD once again touch the support line of the sideways range and form a reverse signal and rebounds inside the range. Now the Resistance level is tested I dont think there will be a break till Friday.
Členem od Jun 08, 2014
413 příspěvků
Feb 01, 2016 at 20:39
As i said last Friday, The EUR/USD made the touch down to star over to claim again to the weekly resistance at 1.0942. the resistance at 1.0916 was unbreakable til now.
forex_trader_249603
Členem od May 13, 2015
83 příspěvků
Feb 01, 2016 at 21:11
EUR/USD will remain neutral, until Super Thursday
Členem od May 01, 2015
675 příspěvků
Feb 02, 2016 at 07:40
The single currency added value against the dollar on Monday but remained in familiar territory. The euro rose by 55 pips to a closing price of 1.0887, although earlier in the day Mario Draghi reminded that it’s possible additional monetary stimulus by the ECB to be performed in March. Daily extremes EUR/USD reached 1.0911 respectively and 1.0814. Technical outlook for the pair remains neutral as it continues to consolidate.
Členem od Apr 08, 2014
1141 příspěvků
Feb 02, 2016 at 08:49
Last week the EURUSD rose with a narrow range, creating an inside day and managed to close in the green near the high of the day, furthermore closed within the previous day range, suggesting a weak bullish momentum.
The pair closed above the 10-day moving average but shy below the 50-day moving average that continues to act as a dynamic resistance.
The key levels to watch are: The previous swing high at 1.0967 (resistance), the 50-day moving average at 1.0892 (resistance), the 10-day moving average at 1.0860 (support) and the last swing low at 1.0779 (Support).
The pair closed above the 10-day moving average but shy below the 50-day moving average that continues to act as a dynamic resistance.
The key levels to watch are: The previous swing high at 1.0967 (resistance), the 50-day moving average at 1.0892 (resistance), the 10-day moving average at 1.0860 (support) and the last swing low at 1.0779 (Support).
"I trade to make money not to be right."
Členem od Apr 09, 2014
834 příspěvků
Feb 02, 2016 at 12:21
The pair couldn't find enough momentum to rally, still trading sideways in the range between 1.0800 to 1.0925.
Členem od Apr 09, 2014
834 příspěvků
Feb 02, 2016 at 12:44
The pair is testing the upper end of the range around 1.0920/25, break above it could lead to next resistance level at 1.0940.
Členem od Jul 10, 2014
1117 příspěvků
Feb 02, 2016 at 15:02
EUR/USD broke above 1.0930 and will probably continue climbing towards 1.0970. The US change in the non-farm payrolls is later this week, this will probably provoke some volatility in the pair but whether it will be enough to end the range is uncertain.
forex_trader_137597
Členem od Jul 04, 2013
88 příspěvků
Feb 02, 2016 at 15:32
victoriajensen posted:
EUR/USD broke above 1.0930 and will probably continue climbing towards 1.0970. The US change in the non-farm payrolls is later this week, this will probably provoke some volatility in the pair but whether it will be enough to end the range is uncertain.
You must not forget that there is a triangle forming clearly in the daily and lower graphs which shows 1.0953 at the top. If it breaks above could mean further move up, but in my opinion we will rebound there and go back to 1.0830 then. It is my opinion only
Členem od Sep 12, 2015
1948 příspěvků
Feb 02, 2016 at 15:53
tommy2308 posted:victoriajensen posted:
EUR/USD broke above 1.0930 and will probably continue climbing towards 1.0970. The US change in the non-farm payrolls is later this week, this will probably provoke some volatility in the pair but whether it will be enough to end the range is uncertain.
You must not forget that there is a triangle forming clearly in the daily and lower graphs which shows 1.0953 at the top. If it breaks above could mean further move up, but in my opinion we will rebound there and go back to 1.0830 then. It is my opinion only
We got a common trait of Eur/Usd at 2.30 moved up and knocked out the last high by 3 points then reversed to move lower,I use this method quite often when I see it playing out,at this level Eur is on the high side.The trend upwards from 800 handle has been quite strong,we might see a move back down to 800,but we are going against the major trend,I still think we can catch a profit before a rebound.
"They mistook leverage with genius".
Členem od Sep 12, 2015
1948 příspěvků
Feb 02, 2016 at 16:18
50 points so far,the trade is going abit flat as it is coming near European close,normally a sideways shift then continuation of a move
,I assume bearish as last move was a buying move,stoploss moved down to 905.I dont expect much action for at least 30 mins until a direction is decided.
,I assume bearish as last move was a buying move,stoploss moved down to 905.I dont expect much action for at least 30 mins until a direction is decided.
"They mistook leverage with genius".
Členem od Sep 12, 2015
1948 příspěvků
Feb 02, 2016 at 16:37
Two things I see ,the double spike through the BB and I see a squeeze at 4.15 on the 1 min chart,the odds of it going lower are less in my view,take profit and wait ,as I said earlier we are going against the major trend,as we know is strong when it takes place,no major news events ,so it has to switch between buying and selling.
"They mistook leverage with genius".
Členem od Jun 08, 2014
454 příspěvků
Feb 02, 2016 at 17:29
Finally EUR/USD is over the resistance line, I will wait for the close price for confirmation.
Členem od Jun 08, 2014
413 příspěvků
Feb 02, 2016 at 18:52
1.0977 will be the next target for the EUR/USD if itis broke above the 1.0938 today.
Členem od Apr 08, 2014
1141 příspěvků
Feb 03, 2016 at 11:35
Yesterday the EURUSD rose again with a narrow range, but this time managed to close near the high of the day, furthermore closed above the previous day range, suggesting a strong bullish momentum.
The pair closed above the 10 and the 50-day moving averages that are acting as dynamic support.
The key levels to watch are: The 200-day moving average at 1.1028 (resistance), the previous swing high at 1.0967 (resistance), the 50-day moving average at 1.0893 (support), the 10-day moving average at 1.0874 (support) and the last swing low at 1.0810 (Support).
The pair closed above the 10 and the 50-day moving averages that are acting as dynamic support.
The key levels to watch are: The 200-day moving average at 1.1028 (resistance), the previous swing high at 1.0967 (resistance), the 50-day moving average at 1.0893 (support), the 10-day moving average at 1.0874 (support) and the last swing low at 1.0810 (Support).
"I trade to make money not to be right."
Členem od Apr 09, 2014
834 příspěvků
Feb 03, 2016 at 11:40
Eur/Usd is still trading sideways after testing the immediate support level at 1.0900, the pair seems stay positive above the 1.0920 for now.
Členem od Jul 10, 2014
1117 příspěvků
Feb 03, 2016 at 16:12
EUR/USD finally broke above the resistance at 1.1000. Next target is 1.1100, but in a longer term it might climb to the resistance at 1.1350.
Členem od Jun 08, 2014
413 příspěvků
Feb 03, 2016 at 18:07
Great break through for the EUR/USD but the hourly resistance 1.1086 was stronger, waiting to see the 1.1100.
Členem od Sep 12, 2015
1948 příspěvků
Feb 03, 2016 at 18:30
We could go much higher,the dynamic has changed,weaker data from US.short positions squeeze
"They mistook leverage with genius".
Členem od Jun 08, 2014
454 příspěvků
Feb 03, 2016 at 18:37
the market was waiting for the break over the resistance level 1.0900 and now price spiked over 1.1100 overall that is a good day.
