EUR/USD
Členem od Jan 14, 2010
2299 příspěvků
Feb 07, 2016 at 09:57
Momentum clearly is to upside now. at least it is not whale on the beach anymore. There is clear upside potential but not all resistance is broken and the pair is still in down trend. so. here what i am thinking.
daily:
https://www.mql5.com/en/charts/4594727/eurusd-d1-ava-financial-ltd
Long trade should be approached form 6-8 h TF.
still need to wait how price action on 6-8h chart will play out
area of interest is 1.0968 to 1.1070 roughly speaking
https://www.mql5.com/en/charts/4594727/eurusd-d1-ava-financial-ltd
and this should be had in mind. it is just consolidation on monthly and weekly. still can go to parity.
https://www.mql5.com/en/charts/4594741/eurusd-mn1-ava-financial-ltd
Current overall bias is long but patience is needed.
daily:
https://www.mql5.com/en/charts/4594727/eurusd-d1-ava-financial-ltd
Long trade should be approached form 6-8 h TF.
still need to wait how price action on 6-8h chart will play out
area of interest is 1.0968 to 1.1070 roughly speaking
https://www.mql5.com/en/charts/4594727/eurusd-d1-ava-financial-ltd
and this should be had in mind. it is just consolidation on monthly and weekly. still can go to parity.
https://www.mql5.com/en/charts/4594741/eurusd-mn1-ava-financial-ltd
Current overall bias is long but patience is needed.
Členem od Apr 09, 2014
834 příspěvků
Feb 07, 2016 at 22:55
On the upside, the pair seems have lost it's strength and downside movement seems limited above 1.1100 level.
Členem od May 01, 2015
675 příspěvků
Feb 08, 2016 at 07:43
EUR/USD recorded a decline on Friday. The session started at 1.1206 and the euro lost 54 pips after the US NFP report proved weaker than expected. Daily extreme values were reached respectively at 1.1243 and 1.1109. If the downward trend continues, the euro will reach the support at 1.1100.
Členem od Apr 08, 2014
1141 příspěvků
Feb 08, 2016 at 08:44
On the last Friday’s session the EURUSD tried to rally but found enough resistance at 1.1237 to reverse and closed in the red, near the low of the day, however managed to close within the previous day range, suggesting a weak bearish momentum.
The pair continues to close above the 10, 50 and the 200-day moving averages that are acting as dynamic support.
The key levels to watch are: The daily resistances at 1.1460, other daily resistance at 1.1237, daily support at 1.1097, the 200-day moving average at 1.1028 (support), the 10-day moving average at 1.0961 (support) and the 50-day moving average at 1.0909 (support).
The pair continues to close above the 10, 50 and the 200-day moving averages that are acting as dynamic support.
The key levels to watch are: The daily resistances at 1.1460, other daily resistance at 1.1237, daily support at 1.1097, the 200-day moving average at 1.1028 (support), the 10-day moving average at 1.0961 (support) and the 50-day moving average at 1.0909 (support).
"I trade to make money not to be right."
Členem od Jul 10, 2014
1117 příspěvků
Feb 08, 2016 at 15:45
(Upravené Feb 08, 2016 at 15:57)
The pair reached the support at 1.1086, formed a hammer candlestick on the one-hour time frame and started moving to the upside again. It's currently testing the resistance at 1.1140 and a breakout above that level would mean that it will likely continue climbing towards 1.1180 - 1.1200.
forex_trader_249603
Členem od May 13, 2015
83 příspěvků
Feb 08, 2016 at 16:49
I don't know..
Let's see how the current Greek situation will be played
Let's see how the current Greek situation will be played
Členem od Nov 16, 2015
708 příspěvků
Feb 08, 2016 at 18:00
The pair started rising. The main fundamental factors remain to support the US dollar. The rise last week showed that the time for correction has come.
Členem od Jun 08, 2014
454 příspěvků
Feb 08, 2016 at 18:25
EUR/USD is stuck between support and resistance 1.100 - 1.1200 for the past 3 days.
Členem od Jun 08, 2014
413 příspěvků
Feb 08, 2016 at 19:24
Yes Sherif and we stuck with it too, Hope the EUR/USD continue to climb to 1.1400 level this week.
Členem od Apr 09, 2014
834 příspěvků
Feb 08, 2016 at 23:41
On the upside, the pair lack of strength to go above 1.1200 handle, and with limitation on the downside too Eur/Usd is still directionless.
Členem od May 01, 2015
675 příspěvků
Feb 09, 2016 at 08:44
The single currency recorded an increase against the US dollar on Monday. After a volatile session, the euro added 51 pips at a closing price of 1.1192 points. The pair bounced from support at 1.1100 and headed up. If the upward trend continues, the pair will test the first resistance at 1.1286.
Členem od Apr 08, 2014
1141 příspěvků
Feb 09, 2016 at 08:46
Yesterday the EURUSD initially fell but found enough support at 1.1097 to turn around and close near the high of the day, however closed within the previous day range, suggesting a weak bullish momentum.
The pair continues to close above the 10, 50 and the 200-day moving averages that are acting as dynamic support.
The key levels to watch are: The daily resistances at 1.1460, other daily resistance at 1.1237, daily support at 1.1097, the 10-day moving average at 1.1045 (support), the 200-day moving average at 1.1026 (support), and the 50-day moving average at 1.0923 (support).
The pair continues to close above the 10, 50 and the 200-day moving averages that are acting as dynamic support.
The key levels to watch are: The daily resistances at 1.1460, other daily resistance at 1.1237, daily support at 1.1097, the 10-day moving average at 1.1045 (support), the 200-day moving average at 1.1026 (support), and the 50-day moving average at 1.0923 (support).
"I trade to make money not to be right."
Členem od Nov 16, 2015
708 příspěvků
Feb 09, 2016 at 09:34
In my opinion the next interesting levels to watch for are: Support - 1.1100; 1.0975; 1.0854; Resistance - 1.1286.
Členem od Jul 10, 2014
1117 příspěvků
Feb 09, 2016 at 17:34
The move to the upside continues, the pair will likely reach 1.1400 soon and I think it's possible it will reach 1.1500 too in the foreseeable future.
Členem od Jun 08, 2014
454 příspěvků
Feb 09, 2016 at 18:49
EUR/USD continue climbing again. I dont see any obsticle infront of the pair to stop the price progress till 1.1350
Členem od Jun 08, 2014
413 příspěvků
Feb 09, 2016 at 19:05
The EUR/USD in it is way to the resistance level at the 1.1400 if it is broke above the 1.1340 today.
Členem od Apr 09, 2014
834 příspěvků
Feb 09, 2016 at 23:56
victoriajensen posted:
The move to the upside continues, the pair will likely reach 1.1400 soon and I think it's possible it will reach 1.1500 too in the foreseeable future.
I agree, the rally could extend further to the next handle at 1.1460, but in the short term upside movement seems has lost its strength and currently correcting around 1.1280/90.
Členem od Oct 11, 2013
775 příspěvků
Feb 10, 2016 at 03:55
The bullish trend is still in place for the EURUSD, the 1.1400 level could be its next stop if it continues going higher.
Členem od May 01, 2015
675 příspěvků
Feb 10, 2016 at 08:29
The single currency recorded a second consecutive positive session on Tuesday. After a volatile trading day, the euro added 99 pips at a closing price of 1.1291. The graphics continue to develop over moving averages, while the index of relative strength remained on neutral territory. The outlook remain in favor of the bulls, but for further gains is needed a break of levels at 1.1363.
Členem od Nov 16, 2015
708 příspěvků
Feb 10, 2016 at 09:50
The single currency reached a 3-month high against the US dollar, climbed to 1.1292 an increase of 0.92% for the day. The daily range was between 1.1162 and 1.1338, which is the highest level of the euro from October 21 onwards. For the past 12 sessions, this is the 10th in which the euro rises since the beginning of the year, the single currency has risen by about 4.5 percent against the dollar.
