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Abdul2012
May 06 2015 at 20:20
413 Posts
The EUR/USD gained more than 200 pip today, waiting for the closure above the resistance at 1.1260 to confirm the end of the bearish trend.

peeterwoolf
May 06 2015 at 21:14
230 Posts
1.1400 here we come, Eur/Usd hit fresh high around 1.1360 next psychological level is at 1.1400 level.

bewayopa
May 06 2015 at 21:19
372 Posts
EUR / USD has recovered slightly above 1.1045 and is heading for 1.1260.
Momentum studies support the more advances, up to 1.1260.
The RSI regained its line 50 and is pointing to the upside and the MACD is already positive.
On the daily chart, the break above 1.1045 marked the conclusion of a possible training 'double bottom' something that could represent bullish implications wider.


csc2009
May 07 2015 at 00:14
834 Posts
peeterwoolf posted:
1.1400 here we come, Eur/Usd hit fresh high around 1.1360 next psychological level is at 1.1400 level.


Upward trend probably continue before Friday.

takechance (takechance)
May 07 2015 at 06:07
271 Posts
Now the pair finally entered into that congestion area lasted between 27.1 to 25.2.2015. Time for bears to act soon vigorously and bring it down sub 1.05 level. Fib extention touch at 1.1420 before that.

honeill (honeill)
May 07 2015 at 08:44
1141 Posts
EURUSD rallied on yesterday session breaking above the daily resistance at 1.1236 in a strong impulsive candle. The next target is 1.1460 January low and February high that should present some challenges to the pair. The lack of choppy action is due to the market anticipating that the US non-farm payrolls and the unemployment rate will be worse than expected.

"I trade to make money not to be right." |
bewayopa
May 07 2015 at 12:56
372 Posts
EUR / USD rose on Thursday, with the ADP report revealing that US private sector has gained fewer jobs than expected.
The pair broke above the main area of 1.1260.
The daily oscillators detect strong upward velocity to pave the way for more advances.
The RSI 14 entered on purchase and the MACD is above its zero line and signal pointing up.

victoriajensen
May 07 2015 at 15:25
1117 Posts
1.1390 proved to be a pretty strong resistance level for EUR/USD for the moment. The pair failed to break above it and moved to the downside again. I, personally, doubt that it will be able to break above the resistance before the US Non-farm payrolls tomorrow.

sherifFares
May 07 2015 at 18:47
454 Posts
Well again we have tomorrow the NFP. let see how the price will react to that.

Abdul2012
May 07 2015 at 20:10
413 Posts
The EUR/USD fell today as a reaction of the traders and all eyes on tomorrow US data.

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