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EUR/USD
Mitglied seit Jun 08, 2014
454 Posts
Jun 23, 2015 at 06:42
Mitglied seit Jun 09, 2015
12 Posts
Last 4hr candle not good for euro bulls... 1.13 again on cards... break of 1.129 will ruin euro bulls and if anyhow euro gains momentum upside above 1.141 and goes for 1.1467.. then bears gone...
so far momentum of euro upside seems very weak... last 4hr candle dangerous for bulls...
so far momentum of euro upside seems very weak... last 4hr candle dangerous for bulls...
Mitglied seit Apr 08, 2014
1141 Posts
Jun 23, 2015 at 07:08
Mitglied seit Apr 08, 2014
1141 Posts
Yesterday the EURUSD initially rose but found yet again enough resistance near the 1.1391 to give all its gains back and closed in the red near the low of the day. The pair is still in a choppy consolidation due to fundamental uncertainties like Greece but is set to break the 10-day moving average and test the 1.1236 daily support.
"I trade to make money not to be right."
Jun 23, 2015 at 10:42
Mitglied seit May 01, 2015
675 Posts
EUR/USD was hesitant yesterday. The signals are neutral in nearest term. Support for the day we have to 1.1290. A clear break below that area could trigger further bearish pressure testing 1.1250 / 00. Basically, as long as price remains below 1.1465 I still prefer the scenario downwards with targets in the area of 1.1180 - 1.1050.
Mitglied seit Jul 10, 2014
1117 Posts
Jun 23, 2015 at 18:14
Mitglied seit Jul 10, 2014
1117 Posts
EUR/USD broke below the support at 1.1240 and is still descending. It will likely continue falling until it reaches the support at 1.1030.
Mitglied seit Jun 08, 2014
454 Posts
Mitglied seit Apr 08, 2014
1141 Posts
Jun 24, 2015 at 08:25
Mitglied seit Apr 08, 2014
1141 Posts
Yesterday the EURUSD plunged and closed in the red near the low of the day, on a wide range day. The pair is trading inside a daily support zone and the sharp drop was held by the 50-day moving average. Today we may expect a green inside day due to the wide range day drop of yesterday. Key levels for today, to the downside the 1.1097 what’s left of the daily support, to the upside we have the 1.1236 the upper band of the daily support and the 1.1288 the 10-day moving average.
"I trade to make money not to be right."
Jun 24, 2015 at 10:21
Mitglied seit May 01, 2015
675 Posts
The euro recorded serious losses against the dollar on Tuesday. The single currency did not meet expectations and tumbled against the dollar, breaking and first support at 1.1214 and the second at 1.1149. If the negative trend continues in the future, the key level at 1.1081 will be threatened.
Mitglied seit Oct 02, 2014
909 Posts
Mitglied seit Jun 08, 2014
454 Posts
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