EUR/USD
Mitglied seit Nov 06, 2014
28 Posts
May 01, 2016 at 12:51
arigoldman posted:I do agree with you specially after the last US data.
Expecting a continuation of the upward move on the short-term.
Mitglied seit Oct 11, 2013
775 Posts
May 02, 2016 at 03:31
The rally may continue on the EURUSD, but it has to break above the 1.1500 level, so far the price is trying to correct at that zone.
Mitglied seit Apr 08, 2014
1141 Posts
May 02, 2016 at 07:49
On the last Friday’s session the EURUSD rallied with a wide range and close near the high of the day, in addition closed above the previous day high, suggesting a strong bullish momentum.
The pair is trading above the 10, 50 and the 200-day moving averages that should act as a dynamic support.
The key levels to watch are: A daily resistance at 1.1556, other daily resistance at 1.1459, the previous swing high at 1.1398 (support), the 10-day moving average at 1.1307 (support) and the 50-day moving average at 1.1249 (Support).
The pair is trading above the 10, 50 and the 200-day moving averages that should act as a dynamic support.
The key levels to watch are: A daily resistance at 1.1556, other daily resistance at 1.1459, the previous swing high at 1.1398 (support), the 10-day moving average at 1.1307 (support) and the 50-day moving average at 1.1249 (Support).
"I trade to make money not to be right."
Mitglied seit Jul 10, 2014
1117 Posts
May 02, 2016 at 15:50
EUR/USD reached 1.1530 today, which coincides with (MA)89 on the weekly time frame. That is a pretty strong level of resistance and the pair will likely bounce off of it and retrace back to 1.1450.
Mitglied seit Dec 17, 2015
10 Posts
May 03, 2016 at 06:52
Diamond_Trader posted:
It's starting up trend for long term. SL <1.04
Happy trading!...
Good job!😎
Mitglied seit Apr 08, 2014
1141 Posts
May 03, 2016 at 07:38
Yesterday EURUSD rallied with a wide range and close near the high of the day, in addition managed to close above the previous day high, suggesting a strong bullish momentum.
The pair is trading above the 10, 50 and the 200-day moving averages that should act as a dynamic support.
The key levels to watch are: A daily resistance at 1.1753, other daily resistance at 1.1556, daily support at 1.1459, the previous swing high at 1.1398 (support) and the 10-day moving average at 1.1340 (support).
The pair is trading above the 10, 50 and the 200-day moving averages that should act as a dynamic support.
The key levels to watch are: A daily resistance at 1.1753, other daily resistance at 1.1556, daily support at 1.1459, the previous swing high at 1.1398 (support) and the 10-day moving average at 1.1340 (support).
"I trade to make money not to be right."
Mitglied seit Nov 06, 2014
28 Posts
May 03, 2016 at 15:28
What is moving EURUSD today? Are perhaps all the SL or anithing else that I have lost?
Mitglied seit Jul 10, 2014
1117 Posts
May 03, 2016 at 16:23
EUR/USD bounced off 1.1615 and is back to testing 1.1500, which is now a support level. A breakout below that level could lead to a further drop to 1.1460 - 1.1450.
Mitglied seit Oct 11, 2013
775 Posts
May 04, 2016 at 01:06
Possible bullish bounce from the 1.1500 level on the EURUSD, the bullish trend is still in place. A breakdown below the 1.1500 level may take the pair to the 1.1400 level.
May 04, 2016 at 05:03
The single currency recorded a decline against the dollar on Tuesday. After a volatile session, the euro lost 37 pips to a closing price of 1.1495. If the direction continue downwards, we can expect an attempt to test first support at 1.1450. On the upside, pair will target to resistance at 1.1630.
Mitglied seit Apr 08, 2014
1141 Posts
May 04, 2016 at 08:01
Yesterday EURUSD initially rose but found enough selling pressure to turn around and close in the red near the low of the day, however closed within the previous day range, that suggests being slightly on the bearish side of neutral.
The pair is trading above the 10, 50 and the 200-day moving averages that should act as a dynamic support.
The key levels to watch are: A daily resistance at 1.1753, other daily resistance at 1.1556, daily support at 1.1459, the previous swing high at 1.1398 (support) and the 10-day moving average at 1.1361 (support).
The pair is trading above the 10, 50 and the 200-day moving averages that should act as a dynamic support.
The key levels to watch are: A daily resistance at 1.1753, other daily resistance at 1.1556, daily support at 1.1459, the previous swing high at 1.1398 (support) and the 10-day moving average at 1.1361 (support).
"I trade to make money not to be right."
Mitglied seit Jul 10, 2014
1117 Posts
May 04, 2016 at 16:46
EUR/USD has formed an almost textbook example of a shooting star candlestick below the resistance at 1.1615, it will likely start falling soon and its first target will be around 1.1400 - 1.1350.
May 04, 2016 at 18:15
Euro/dollar attempted to push higher yesterday, topped at 1.1616 but tumbled down then and closed lower at 1.1499. The bias is bearish for test of 1.1400. Immediate resistance is at 1.1550, whose breach could lead price to neutral zone with re-testing 1.1616. The price is still in bullish phase but potentially 1.1700 remains strong resistance and failure to break above the upper line of the bullish channel and 1.1700 could lead to downward pressure with targets near the lower limit of the channel.
