EUR/USD
forex_trader_379006
Mitglied seit Nov 24, 2016
14 Posts
Mar 02, 2017 at 07:08
victoriajensen posted:
EUR/USD is very bearish after yesterday's fundamentals. It's testing the support at 1.0520 and if it breaks out below that level it will likely continue falling towards 1.0400 at least, especially if it breaks out below 1.0493 too.
It was not what I expected for this month's start, in fact I thought the trend would be bullish yesterday morning. Everything changed.
Mitglied seit Apr 08, 2014
1141 Posts
Mar 02, 2017 at 08:41
On yesterday session, the EURUSD initially fell but found enough buying pressure at 1.0527 to trim some of its losses but closed in the red, in the middle of the daily range, in addition closed below Tuesday’s low, which suggests a bearish momentum.
The currency pair continues to trade below the 10, 50 and 200-day moving averages all should act as dynamic resistances.
The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, the 50-day moving average at 1.0638 (resistance), a daily resistance at 1.0622, the 10-day moving average at 1.0574 (resistance) a daily support at 1.0527 and other daily support at 1.0462.
The currency pair continues to trade below the 10, 50 and 200-day moving averages all should act as dynamic resistances.
The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, the 50-day moving average at 1.0638 (resistance), a daily resistance at 1.0622, the 10-day moving average at 1.0574 (resistance) a daily support at 1.0527 and other daily support at 1.0462.
"I trade to make money not to be right."
forex_trader_338100
Mitglied seit Jun 21, 2016
898 Posts
Mar 02, 2017 at 10:40
At the moment the Eur/Usd losing 0.20% at 1.0526 and a breach of 1.0522 (low Mar.2) would open the door to 1.0492 (low Feb.22) and finally 1.0452 (low Jan.11). On the flip side, the next hurdle lines up at 1.0594 (55-day sma) followed by 1.0619 (20-day sma) and then 1.0632 (high Feb.28).
Mitglied seit Feb 22, 2015
178 Posts
Mar 02, 2017 at 10:44
Another banker dead, many more to go soon . . .
https://nypost.com/2017/03/01/depressed-financial-exec-jumps-to-his-death/
https://www.dailymail.co.uk/news/article-4272778/Hedge-fund-executive-commits-suicide-jumping-apt.html
https://nypost.com/2017/03/01/depressed-financial-exec-jumps-to-his-death/
https://www.dailymail.co.uk/news/article-4272778/Hedge-fund-executive-commits-suicide-jumping-apt.html
I trade Forex using my Bollinger Trend PRO mt4 indicator.
Mar 02, 2017 at 11:18
(bearbeitet Mar 02, 2017 at 11:18)
Cryptocurrency posted:
Another banker dead, many more to go soon . . .
https://nypost.com/2017/03/01/depressed-financial-exec-jumps-to-his-death/
https://www.dailymail.co.uk/news/article-4272778/Hedge-fund-executive-commits-suicide-jumping-apt.html
Sad, especially since he left a family behind.
But I don't think he jumped because of a weak Euro.
Mitglied seit Feb 22, 2015
178 Posts
Mar 02, 2017 at 12:27
Apparently, people are betting U.S. employment will increase because of Trump.
I trade Forex using my Bollinger Trend PRO mt4 indicator.
Mitglied seit Feb 16, 2017
5 Posts
Mar 02, 2017 at 13:51
Hi O'Neill, i think that in march, we'll see before a retsst at 1,04 and then, after few days from 15/3 perhaps, a big long still 1,10, Mr. T needs of a weak usd for his politics
Mitglied seit Dec 20, 2016
11 Posts
Mar 02, 2017 at 13:56
I think its all over this rally now i place a order for long for first ressistant 1.05810
Sucsses is the good reward of time surf
Mitglied seit Sep 12, 2015
1948 Posts
Mar 02, 2017 at 19:53
I'm Long Eur/Usd 04979 , looking to pick up 100 points .
"They mistook leverage with genius".
Mar 03, 2017 at 07:13
(bearbeitet Mar 03, 2017 at 07:16)
Bulls appear to have lost strength and the EUR/USD pair tested the multi-week low at 1.0495. Slight recovery is seen this morning and the current market price is 1.0523. Immediate resistance is located at 1.0530 and in case of breaking it, further recovery would be possible towards 1.0550 area.
Mitglied seit Apr 08, 2014
1141 Posts
Mar 03, 2017 at 09:03
On yesterday session, the EURUSD fell with a narrow range and closed near the low of the day, in addition the currency pair managed to close below Thursday low, which suggests a strong bearish momentum.
The currency pair continues to trade below the 10, 50 and 200-day moving averages all should act as dynamic resistances.
The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, the 50-day moving average at 1.0637 (resistance), a daily resistance at 1.0622, the 10-day moving average at 1.0562 (resistance) a daily support at 1.0527 and other daily support at 1.0462.
The currency pair continues to trade below the 10, 50 and 200-day moving averages all should act as dynamic resistances.
The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, the 50-day moving average at 1.0637 (resistance), a daily resistance at 1.0622, the 10-day moving average at 1.0562 (resistance) a daily support at 1.0527 and other daily support at 1.0462.
"I trade to make money not to be right."
Mar 03, 2017 at 09:50
EUR/USD is trading relatively unchanged today gravitating towards 1.0520 in anticipation of the latest ISM Non-Manufacturing Composite data scheduled for later today. Another important market mover will be FED Chair Yellen's speech on the Economic Outlook.
Mitglied seit Jul 10, 2014
1117 Posts
Mar 03, 2017 at 13:47
EUR/USD finally bounced off from 1.0493 today after forming several doji candlesticks on the four-hour time-frame above that support as well as a double bottom. The pair is still moving to the upside and it will likely reach at least 1.0600.
Mar 03, 2017 at 18:07
The dollar changed unsignificantly near a seven-week high against other major currencies. Traders are taking profits after the recent rise of the dollar. The dollar has a growing against the probability of a US interest rate hike this month.
EUR/USD rose by 0.15% to 1.0550, moving away from the previous session week low at 1.0492.
EUR/USD rose by 0.15% to 1.0550, moving away from the previous session week low at 1.0492.
Mar 04, 2017 at 11:06
On Friday, the dollar fell against other major currencies. Traders continued to take profits after a recent rise in price of the dollar to a maximum of seven weeks. However, the depreciation of the dollar is limited because of the increasing likelihood of higher interest rates in the US this month. EUR/USD rose by 0.48% and closed the week at 1.0621.
Mitglied seit Oct 02, 2014
909 Posts
Mar 05, 2017 at 16:05
The Euro got a breath a fresh air on Friday, but i think the US domination will continue in the short-term.
Positivity
