Edit Your Comment
EUR/USD
Jan 28, 2016 at 08:05
Mitglied seit May 01, 2015
675 Posts
Euro recorded a third consecutive winning session against the dollar on Wednesday. The single currency justified the positive expectations and the couple made a test of resistance at 1.0917. The break of the key level has been delayed, but if bullish sentiment continue in the future, it will be overcome. Wednesday session started at a price of 1.0869 as trading was very volatile. Ultimately currencies reached a peak for the day at 1.0915 end session closed with 24 pips below.
Mitglied seit Apr 08, 2014
1141 Posts
Jan 28, 2016 at 08:38
Mitglied seit Apr 08, 2014
1141 Posts
On yesterday session the EURUSD rallied with a wide range and closed well in the green, near the high of the day, in addition closed above previous day high, suggesting a strong bullish momentum.
The pair closed above the 10 and the 50-day moving averages that now are acting as a dynamic support.
The key levels to watch are: The previous swing high at 1.0975 (resistance), the 50-day moving average at 1.0870 (support), 10-day moving average at 1.0864 (support) and a swing low at 1.0778 (Support).
The pair closed above the 10 and the 50-day moving averages that now are acting as a dynamic support.
The key levels to watch are: The previous swing high at 1.0975 (resistance), the 50-day moving average at 1.0870 (support), 10-day moving average at 1.0864 (support) and a swing low at 1.0778 (Support).
"I trade to make money not to be right."
Mitglied seit Jun 08, 2014
454 Posts
Mitglied seit Jul 10, 2014
1117 Posts
Jan 28, 2016 at 18:13
Mitglied seit Jul 10, 2014
1117 Posts
I agree, the pair will likely visit 1.1000 next, the question is whether it will finally be able to break above that level.
Jan 28, 2016 at 18:15
Mitglied seit Nov 16, 2015
708 Posts
Intraday support is 1.0860, whose breach could lead price to neutral trading zone testing 1.0800 but important support remains at 1.0700. On the upside, a clear break above 1.0969 could trigger further bullish pressure testing 1.1060 and the trend line resistance. As long as price remains below the trendline, the bearish scenario remains valid.
Mitglied seit Oct 11, 2013
775 Posts
Jan 29, 2016 at 08:34
Mitglied seit May 01, 2015
675 Posts
The single currency recorded a strong increase against the dollar on Thursday. The euro registered a fourth consecutive winning session and as a result the resistance at 1.0917 was broken. If bullish sentiment continue, the pair may test the second key level at 1.1003. The session on Thursday opened at a price of 1.0891 and closed with 47 pips higher. Prevailing trend was bullish, as the peak of the day was reached at 1.0967.
Mitglied seit Apr 08, 2014
1141 Posts
Jan 29, 2016 at 09:06
Mitglied seit Apr 08, 2014
1141 Posts
On yesterday session the EURUSD rallied with a wide range and closed well in the green, near the high of the day, in addition closed above previous day high, suggesting a strong bullish momentum.
The pair continues to close above the 10 and the 50-day moving averages that are acting as a dynamic support.
The key levels to watch are: The 200-day moving average at 1.036 (resistance), the previous swing high at 1.0975 (resistance), the 50-day moving average at 1.0884 (support), 10-day moving average at 1.0872 (support) and a swing low at 1.0778 (Support).
The pair continues to close above the 10 and the 50-day moving averages that are acting as a dynamic support.
The key levels to watch are: The 200-day moving average at 1.036 (resistance), the previous swing high at 1.0975 (resistance), the 50-day moving average at 1.0884 (support), 10-day moving average at 1.0872 (support) and a swing low at 1.0778 (Support).
"I trade to make money not to be right."
Mitglied seit Jul 10, 2014
1117 Posts
Jan 29, 2016 at 14:56
Mitglied seit Jul 10, 2014
1117 Posts
Not only did EUR/USD fail to break above 1.1000 but it bounced off the resistance at 1.0967 after forming a shooting star candlestick on the 4-hour time-frame and moved to the downside again. It will probably reach the support at 1.0800 soon.
Mitglied seit Jun 08, 2014
454 Posts
Mitglied seit Jan 14, 2010
2299 Posts
Jan 30, 2016 at 10:52
Mitglied seit Jan 14, 2010
2299 Posts
Now I sense eurusd is up to something. Next 2 weeks must be watched closely. The only side I am going to be is either short or flat.
Mitglied seit Jun 29, 2015
21 Posts
Mitglied seit Oct 02, 2014
909 Posts
Feb 01, 2016 at 07:34
Mitglied seit May 01, 2015
675 Posts
On Friday session the single currency broke a four-day winning streak and erased most of weekly gains. The Euro lost 107 pips to a closing price of 1.0832. Trading passed within the final values 1.0947 and 1.0810. However, for the week EUR/USD managed to rise by nearly 40 pips. Technically the pair continues to move in a range, as break of levels at 1.0995 or 1.0790 will suggest prevailing attitudes.
Mitglied seit Apr 08, 2014
1141 Posts
Feb 01, 2016 at 09:45
Mitglied seit Apr 08, 2014
1141 Posts
On the last Friday’s session the EURUSD plunged with a wide range and closed well in the red, near the low of the day, in addition managed to close below the previous day low, suggesting a strong bearish momentum.
The pair closed below the 10 and the 50-day moving averages that now should act as a dynamic resistance.
The key levels to watch are: The previous swing high at 1.0975 (resistance), the 50-day moving average at 1.0882 (resistance), the 10-day moving average at 1.0864 (resistance) and the last swing low at 1.0779 (Support).
The pair closed below the 10 and the 50-day moving averages that now should act as a dynamic resistance.
The key levels to watch are: The previous swing high at 1.0975 (resistance), the 50-day moving average at 1.0882 (resistance), the 10-day moving average at 1.0864 (resistance) and the last swing low at 1.0779 (Support).
"I trade to make money not to be right."
Mitglied seit Jul 10, 2014
1117 Posts
Feb 01, 2016 at 14:32
Mitglied seit Jul 10, 2014
1117 Posts
The pair is testing the resistance at 1.0900 again. If it breaks above that level it will rise towards 1.1000.
*Kommerzielle Nutzung und Spam werden nicht toleriert und können zur Kündigung des Kontos führen.
Tipp: Wenn Sie ein Bild/eine Youtube-Url posten, wird diese automatisch in Ihren Beitrag eingebettet!
Tipp: Tippen Sie das @-Zeichen ein, um einen an dieser Diskussion teilnehmenden Benutzernamen automatisch zu vervollständigen.