EUR/USD
Mitglied seit Feb 22, 2015
178 Posts
Mar 10, 2017 at 19:19
If EUR/USD price keeps on pushing up, the next target to look for is: 1.09811
I trade Forex using my Bollinger Trend PRO mt4 indicator.
Mitglied seit Feb 22, 2015
178 Posts
Mar 10, 2017 at 19:22
(bearbeitet Mar 10, 2017 at 19:43)
Short Term strong resistance is found at : 1.09803
Long Term strong resistance is found at : 1.14307
H1: 99% overbought
H4: 92% overbought
Daily: 27% overbought
Long Term strong resistance is found at : 1.14307
H1: 99% overbought
H4: 92% overbought
Daily: 27% overbought
I trade Forex using my Bollinger Trend PRO mt4 indicator.
Mar 12, 2017 at 23:44
The euro rose against the US dollar on Friday. By the close of US trading, EUR/USD was trading at 1,0678, gaining 0.96%. I believe that support is now at around 1.0523, Thursday's low, and resistance is likely at 1.0699, the high of Friday's trading.
Mar 13, 2017 at 07:20
GJscalper posted:
Get ready for margin call. If you trade this type of news, you deserve to lose everything!
I wouldn't trade the release itself but i'd trade the aftermath or take a position during the Asian session before the release. You could use or use limit orders to enter at technical levels / extremes after the release too if you keep an eye on the levels major speculators keep an eye on. If there's a strategy there is a way.
Mitglied seit Apr 08, 2014
1141 Posts
Mar 13, 2017 at 09:26
On the last Friday’s session the EURUSD rallied with a wide range and closed near the high of the day, in addition the currency pair managed to close above Thursday’s high, which suggests a strong bullish momentum.
The currency pair closed above the 10 and the 50-day moving averages that should provide dynamic support but continues to trade below the 200-day moving average that should act as dynamic resistance.
The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, other daily resistance at 1.0713, the 50-day moving average at 1.0646 (support), a daily support at 1.0622, the 10-day moving average at 1.0580 (support) a daily support at 1.0527 and other daily support at 1.0462.
The currency pair closed above the 10 and the 50-day moving averages that should provide dynamic support but continues to trade below the 200-day moving average that should act as dynamic resistance.
The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, other daily resistance at 1.0713, the 50-day moving average at 1.0646 (support), a daily support at 1.0622, the 10-day moving average at 1.0580 (support) a daily support at 1.0527 and other daily support at 1.0462.
"I trade to make money not to be right."
Mitglied seit Jul 10, 2014
1117 Posts
Mar 13, 2017 at 13:03
EUR/USD broke out above 1.0680, eventually reaching 1.0713 before bouncing off from it and it will likely retrace back to 1.0650 - 1.0640.
forex_trader_338100
Mitglied seit Jun 21, 2016
898 Posts
Mar 14, 2017 at 08:40
The market has recently eroded the 4 month downtrend, the break looks quite directional and at this point will simply go with it. Intraday dips are indicated to hold circa 1.0650/20 and the previous downtrend should now act as support 1.0600. Immediately overhead lies the more important resistance circa 1.0820/29 and the market is expected to struggle here. We stay overall negative below 1.0830. Only above 1.0830 would introduce scope to 1.0875 December high and the 200 day ma at 1.0908.
Mitglied seit Apr 08, 2014
1141 Posts
Mar 14, 2017 at 09:45
On yesterday session, the EURUSD initially tried to rally but found enough selling pressure at 1.0713 to give all of its gains back to the market and closed in the red, near the low of the day, however closed within Friday’s range, which suggests being slightly on the bearish side of neutral.
The currency pair is trading above the 10 and the 50-day moving averages that should provide dynamic support but continues to trade below the 200-day moving average that should act as dynamic resistance.
The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, other daily resistance at 1.0713, the 50-day moving average at 1.0647 (support), a daily support at 1.0622, the 10-day moving average at 1.0600 (support) a daily support at 1.0527 and other daily support at 1.0462.
The currency pair is trading above the 10 and the 50-day moving averages that should provide dynamic support but continues to trade below the 200-day moving average that should act as dynamic resistance.
The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, other daily resistance at 1.0713, the 50-day moving average at 1.0647 (support), a daily support at 1.0622, the 10-day moving average at 1.0600 (support) 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 14, 2017 at 11:36
Eur/Usd is losing 0.13% at 1.0640 and a break below 1.0619 (55-day sma) would target 1.0611 (short-term support line) en route to 1.0591 (20-day sma). On the upside, the next hurdle aligns at 1.0715 (high Mar.13) ahead of 1.0829 (2017 high Feb.2) and finally 1.0873 (high Dec.8 2016).
Mitglied seit Jul 10, 2014
1117 Posts
Mar 14, 2017 at 12:26
EUR/USD reached the support at 1.0630. More importantly, it has formed a shooting star candlestick on the daily time-frame below the resistance at 1.0713 which is a signal that the move to the downside should continue. That said, the fundamentals this week could change that.
Mitglied seit Feb 22, 2015
178 Posts
Mar 14, 2017 at 18:35
I'm expecting the price to retest this support line.
Anhänge:
I trade Forex using my Bollinger Trend PRO mt4 indicator.
