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EUR/USD
Mitglied seit Jul 10, 2014
1117 Posts
Aug 14, 2015 at 20:11
Mitglied seit Jul 10, 2014
1117 Posts
EUR/USD formed a doji candlestick on the daily filter chart, moved to the downside again and is currently testing the support at 1.1106 coinciding with the (89)MA on the same chart. I doubt it will be able to break below that level before the market closes today, so we'll probably have to wait at least until Monday.
Mitglied seit Jun 08, 2014
454 Posts
forex_trader_186239
Mitglied seit Apr 15, 2014
224 Posts
Aug 16, 2015 at 06:14
Mitglied seit Apr 15, 2014
224 Posts
Abdul2012 posted:
Low performance for the EUR/USD today and the pair still in the same range as yesterday, we will see what next week will bring to us.
I agree, my EA was sleeping all the day and last night - very low volatility indeed
Mitglied seit Jan 06, 2015
16 Posts
Mitglied seit Jul 10, 2014
1117 Posts
Aug 16, 2015 at 11:52
Mitglied seit Jul 10, 2014
1117 Posts
The range will probably continue for now.
Mitglied seit Apr 08, 2014
1141 Posts
Aug 17, 2015 at 08:15
Mitglied seit Apr 08, 2014
1141 Posts
On Friday session the EURUSD pair initially rallied but found yet again enough resistance on the 200-day moving average giving all its gains back and closed in the red near the low of the day on a narrow range, creating an inside day. This 3rd failed attempt to close above the 200-day moving average suggests a move downward for today to the 10-day moving average at 1.1052.
"I trade to make money not to be right."
Aug 17, 2015 at 10:05
Mitglied seit May 01, 2015
675 Posts
The euro recorded a losing session against the dollar on Friday. The pair remained between the two key levels at 1.1080 and 1.1214. It is soon expected EUR to renew its bullish move and to break the first resistance. Trading on Friday started at 1.1148 and the finish line was crossed 40 pips lower. At the beginning the bullish sentiment dominated and currencies reached a peak for the day at 1.1188.
Mitglied seit Jun 08, 2014
454 Posts
Mitglied seit Jul 10, 2014
1117 Posts
Aug 17, 2015 at 18:10
Mitglied seit Jul 10, 2014
1117 Posts
Today EUR/USD continued descending slowly and it is currently testing the support at 1.1070. Should it manage to break below that level it will probably continue falling towards the next support, which is at 1.1000.
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