EUR/USD
Jul 22, 2015 at 12:54
On yesterday’s session EUR registered a sharp rise against the USD. The session started at a price of 1.0824, then went a little downward and reached the daily bottom at 1.0811. Later on the direction was reversed and the strong upward move closed EUR at 1.0933. If the bullish sentiment continue, we can expect the first test of resistance at 1.1034.
Mitglied seit Jun 08, 2014
454 Posts
Jul 22, 2015 at 19:25
EUR/USD rebounded from the resistance level 1.0970 which will give more room for testing back again 1.0820.
Mitglied seit Jul 10, 2014
1117 Posts
Jul 22, 2015 at 20:37
EUR/USD might have bounced off 1.0970 but it looks like it will attempt to break above the resistance again.
forex_trader_186239
Mitglied seit Apr 15, 2014
224 Posts
Jul 23, 2015 at 06:44
Volatility is coming !
Mitglied seit Apr 08, 2014
1141 Posts
Jul 23, 2015 at 09:45
(bearbeitet Jul 23, 2015 at 09:53)
...
"I trade to make money not to be right."
forex_trader_229154
Mitglied seit Jan 29, 2015
87 Posts
Jul 23, 2015 at 10:07
Shorting now from 1.0995 - 1.1000 .
Jul 23, 2015 at 11:03
The euro recorded a decrease on Wednesday session after fluctuating trade throughout the day. The session started at a price of 1.0933 just before lunch the single currency reached the highest level for the day at 1.0965. In the afternoon the price went down sharply, reaching a daily low at 1.0869. The pair ended the day at 1.0927 and if the direction go downwards, we can expect a break of the support at 1.0817.
Mitglied seit Apr 08, 2014
1141 Posts
Jul 23, 2015 at 11:29
Yesterday the EURUSD pair moved back and forward with lack of direction closing in the red near the open of the day, making a Doji pattern. This candlestick is often used to signal indecision about the future direction of the currency so today a break above its high or a break below its low will set the trend for the day.
"I trade to make money not to be right."
Mitglied seit Jul 10, 2014
1117 Posts
Jul 23, 2015 at 18:42
EUR/USD is testing the resistance at 1.1000 again. Should it manage to break above that level it will probably continue towards the resistance at 1.1070, which coincides with the (89)MA on the daily filter chart.
Mitglied seit Jun 08, 2014
454 Posts
Jul 23, 2015 at 19:57
victoriajensen posted:
EUR/USD is testing the resistance at 1.1000 again. Should it manage to break above that level it will probably continue towards the resistance at 1.1070, which coincides with the (89)MA on the daily filter chart.
I fully Agree for the second day the price is testing the resistance levels.
Mitglied seit Oct 11, 2013
775 Posts
Jul 23, 2015 at 21:41
yes, the 1.1000 level continues being a good resistance for the EURUSD, but that may change with tomorrow's fundamentals. Lets see.
forex_trader_229154
Mitglied seit Jan 29, 2015
87 Posts
Jul 24, 2015 at 08:39
miomax posted:
Shorting now from 1.0995 - 1.1000 .
Covering 50% of position at 1.0930 - 1.0940
Jul 24, 2015 at 14:06
The single currency registered an increase against the dollar on Thursday after an upward trend throughout the day. The session started at a price of 1.0926, and in the afternoon the pair reached the highest level for the day at 1.1016. The day ended at a price of 1.0982 and if the upward move continues it’s most likely to break the first resistance at 1.1034.
Mitglied seit Jul 10, 2014
1117 Posts
Jul 24, 2015 at 18:13
Today was another relatively slow day for EUR/USD and the pair once again failed to break above 1.1000. It looks like we'll have to wait until next week for that to happen.
