EUR/USD
Členem od Apr 09, 2014
834 příspěvků
May 26, 2016 at 00:27
After the pair pulled back from the low at 1.1128, the upside is still limited. Psychological support level can be found at 1.1120, break below could mean strong strength of bearish trend.
Členem od May 01, 2015
675 příspěvků
May 26, 2016 at 04:24
On Wednesday session the single currency ticked a slight increase against the US dollar. The session started at 1.1139 and finished only 15 pips higher. The pair was trading within the range 1.1128 and 1.1166. Until euro bears steer the direction from the beginning of the month, we might witness test of the support located at 1.1100.
Členem od Apr 09, 2016
421 příspěvků
May 26, 2016 at 07:01
deresel posted:
The euro/dollar is calm after yesterday's sales. On Wednesday, there aren't much news, almost no comments, and the market is resting before the next wave of volatility. The main trades in the euro/dollar go around the 1.1150 mark, as in the morning.
Boring day, indeed!
Členem od Apr 08, 2014
1141 příspěvků
May 26, 2016 at 08:37
Yesterday EURUSD went back and forward with a narrow range but closed in the green, in the middle of the daily range and also closed within the previous day range, suggesting being clearly neutral with lack of momentum.
The pair is trading below the 10 and the 50-day moving averages that are acting as dynamic resistances although still trading above the 200-day moving average that is acting as a dynamic support.
The key levels to watch are: The 50-day moving average at 1.1334 (resistance), the 10-day moving average at 1.1229 (resistance), a daily resistance at 1.1237, a swing low at 1.1141 (support) and a daily support at 1.1097.
The pair is trading below the 10 and the 50-day moving averages that are acting as dynamic resistances although still trading above the 200-day moving average that is acting as a dynamic support.
The key levels to watch are: The 50-day moving average at 1.1334 (resistance), the 10-day moving average at 1.1229 (resistance), a daily resistance at 1.1237, a swing low at 1.1141 (support) and a daily support at 1.1097.
"I trade to make money not to be right."
Členem od Feb 24, 2016
277 příspěvků
May 26, 2016 at 14:48
EUR/USD rose despite somehow the positive US data announced earlier today. The pair reached 1.1216 and is currently trading at 1.1200 from a low of 1.1149. Main trend on the short-term remains bearish.
Členem od Jul 10, 2014
1117 příspěvků
May 26, 2016 at 16:37
Today's retracement to 1.1216, which is (MA)89 on the daily time-frame, was only temporary, it seems. The pair is moving to the downside again and it will likely soon test the support at 1.1130.
Členem od Apr 08, 2014
1141 příspěvků
May 27, 2016 at 07:33
Yesterday EURUSD rose with a wide range and closed in near the high of the day in addition managed to close above the previous day high, suggesting a strong bullish momentum. The question now is: does it have the strength to close above the 10-day moving average?
The pair is trading below the 10 and the 50-day moving averages that are acting as dynamic resistances although still trading above the 200-day moving average that is acting as a dynamic support.
The key levels to watch are: The 50-day moving average at 1.1332 (resistance), the 10-day moving average at 1.1218 (resistance), a daily resistance at 1.1237, a swing low at 1.1141 (support) and a daily support at 1.1097.
The pair is trading below the 10 and the 50-day moving averages that are acting as dynamic resistances although still trading above the 200-day moving average that is acting as a dynamic support.
The key levels to watch are: The 50-day moving average at 1.1332 (resistance), the 10-day moving average at 1.1218 (resistance), a daily resistance at 1.1237, a swing low at 1.1141 (support) and a daily support at 1.1097.
"I trade to make money not to be right."
Členem od Feb 24, 2016
277 příspěvků
May 27, 2016 at 08:42
EUR/USD is trading relatively unchanged from yesterday's level around 1.12. Price is now 1.1180 and it seems traders and investors are keeping low volume in anticipation of the latest US GDP data in less than four hours and then two hours later we have a speech from the FED Chair Janet Yellen.
Členem od Apr 09, 2014
834 příspěvků
May 27, 2016 at 12:56
1.1210/20 zone seems fading away, the pair is short term bearish and continue to decline. Or it could probably just be the correction movement ahead of Reuters/Michigan index and speech by J.Yellen.
Členem od Jul 10, 2014
1117 příspěvků
May 27, 2016 at 16:34
EUR/USD is moving to the downside again but Janet Yellen's speech a little later today might change that. I'll wait and see the effect of it before I open any positions.
Členem od Mar 28, 2016
93 příspěvků
May 27, 2016 at 20:24
The EURUSD had a bullish momentum yesterday topped at 1.1216 and now struggling around the daily EMA 200 as you can see on my daily chart below. It is too early to say that the shooting star bearish scenario is over, but the bias is bullish in nearest term testing 1.1275. Immediate support is seen around 1.1150. A clear break below that area could lead price to neutral zone in nearest term testing 1.1100 – 1.1050 and the lower line of the bullish channel which remains a good place to buy with a tight stop loss. On the upside, a clear break and daily/weekly close above 1.1275 would potentially end the bearish scenario. Daily CCI is struggling to move above -100 line suggests a potential bullish reversal scenario.
Členem od May 01, 2015
675 příspěvků
May 30, 2016 at 07:13
On Friday session the euro marked a negative session against the US dollar, pressured by Yellen’s speech. The euro lost 80 pips and the bottom for the day was struck shortly before the end of the session at 1.1110. EUR/USD started the week with relatively shaky trading and hovering around 1.11. As no major macro news is expected today, the pair will be seen in a tight range.
Členem od Apr 08, 2014
1141 příspěvků
May 30, 2016 at 08:32
On the last Friday’s session Janet Yellen opened the door to an interest hike in the upcoming months pushing the EURUSD into a dive with a wide range and closed near the low of the day, in addition managed to close below the previous day low, suggesting a strong bearish momentum.
The pair is trading below the 10 and the 50-day moving averages that are acting as dynamic resistances although still trading above the 200-day moving average that is acting as a dynamic support.
The key levels to watch are: A daily resistance at 1.1237, the 10-day moving average at 1.1198 (resistance), a swing low at 1.1141 (resistance), a daily support at 1.1097 and the 200-day moving average at 1.1072 (Support).
The pair is trading below the 10 and the 50-day moving averages that are acting as dynamic resistances although still trading above the 200-day moving average that is acting as a dynamic support.
The key levels to watch are: A daily resistance at 1.1237, the 10-day moving average at 1.1198 (resistance), a swing low at 1.1141 (resistance), a daily support at 1.1097 and the 200-day moving average at 1.1072 (Support).
"I trade to make money not to be right."
Členem od Feb 24, 2016
277 příspěvků
May 30, 2016 at 13:17
The EUR/USD fell below 1.11 in the early trading hours today and was quick to recover currently trading at 1.1137 close to the high of the day at 1.1143. After Yellen's stamenets that the FED is going to raise the interest rates gradually, market participants favored the US dollar causing a sell off in the pair.
Členem od Oct 02, 2014
909 příspěvků
May 30, 2016 at 14:03
Good move today!
Positivity
Členem od Jul 10, 2014
1117 příspěvků
May 30, 2016 at 15:58
EUR/USD bounced off the support at 1.1100 but that is likely just a temporary setback, especially considering the shooting star and doji candlesticks on the one-hour time-frame. The pair will likely test the aforementioned support again soon.
Členem od Apr 09, 2014
834 příspěvků
May 30, 2016 at 23:51
Bearish trend is still intact, slowly but surely, break below the support level 1.1100 probably lead to further decline and open the door to 1.10 zone.
Členem od May 01, 2015
675 příspěvků
May 31, 2016 at 05:49
The euro marked a slight increase against the dollar on Monday. Although the bulls prevailed, the single currency failed to recover the lost ground from the end of last week. However, short-term expectations are in favor of the euro. In this case the pair may try yo test the resistance at 1.1226. Support is seen at 1.1069 and 1.0998, and resistance at 1.226 and 1.1291.
Členem od Oct 11, 2013
775 příspěvků
May 31, 2016 at 06:11
The 200 day EMA may act as a resistance on the EURUSD where the pullback may end and go back down.
Členem od Mar 28, 2016
93 příspěvků
May 31, 2016 at 07:08
The EURUSD was corrected higher yesterday and hit 1.1154 earlier today after touched the lower line of the bullish channel as you can see on my daily chart below. The bias is neutral in nearest term probably with a little bullish bias testing 1.1180 and the daily EMA 200. A clear break and daily close above that area could potentially end the shooting star bearish scenario testing 1.1250 or higher. On the downside, the lower line of the bullish channel and 1.1100 – 1.1050 region remains a key support and good place to buy with a tight stop loss as a clear break and daily close below the bullish channel and 1.1050 would reactivate my bearish mode targeting 1.0800 region.
