EUR/USD
Mitglied seit Sep 12, 2015
1948 Posts
Oct 26, 2018 at 08:50
Italy getting a bashing ,s&p rating ahead,more downside risk but 1.13600 seems to be holding for now.
"They mistook leverage with genius".
Mitglied seit Jan 25, 2010
1360 Posts
Oct 28, 2018 at 09:38
snapdragon1970 posted:
hope you guys are short Dollar the way things are going with Stocks.
EU just broke down-channel! Nice call!
Anhänge:
Mitglied seit Oct 02, 2014
909 Posts
Oct 29, 2018 at 09:26
1.13 would be a good bearish test. If withstood, we can see a push to the upside with potential target at 1.16.
Positivity
Mitglied seit Apr 08, 2014
1141 Posts
Oct 29, 2018 at 10:31
On the last Friday’s session, the EURUSD initially fell but found enough buying pressure near 1.1335 to reverse and closed near the high of the day, however, managed to close within Thursday’s range, which suggests being slightly on the bullish side of neutral.
The currency pair is trading below the 10, 50 and the 200-day moving averages, all should provide a dynamic resistance.
The key levels to watch: daily resistance at 1.1829, 61.8 Fibonacci expansion at 1.1795 (resistance), daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1573 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1437 (resistance) and a daily resistance at 1.1459 and a 2018 low at 1.1300 (support).
The currency pair is trading below the 10, 50 and the 200-day moving averages, all should provide a dynamic resistance.
The key levels to watch: daily resistance at 1.1829, 61.8 Fibonacci expansion at 1.1795 (resistance), daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1573 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1437 (resistance) and a daily resistance at 1.1459 and a 2018 low at 1.1300 (support).
"I trade to make money not to be right."
Mitglied seit Sep 12, 2015
1948 Posts
Oct 29, 2018 at 12:47
I will be waiting for a re test of Fridays low around 1340 ish for Longs, not much news today apart from Merkel, gold lower and stocks expected to open higher usually means stronger dollar.
"They mistook leverage with genius".
Mitglied seit Sep 12, 2015
1948 Posts
Oct 29, 2018 at 13:42
Might be able to scalp 10-15 pips off 1375, wont be holding my breath tho, with a tight stop.
"They mistook leverage with genius".
Mitglied seit Jul 10, 2014
1117 Posts
Oct 29, 2018 at 18:14
The sideways consolidation continues and it will likely reach 1.1420 again, but there likely won't be a breakout above that level.
Mitglied seit Oct 11, 2013
775 Posts
Oct 30, 2018 at 03:10
The EURUSD consolidates around the 1.1400 level and forms what it appears to be a pennant formation on the daily chart. From the current consolidation the pair may head in any direction, but since the trend is bearish coming into the formation, there is a higher probability of seeing a bearish continuation. To the downside, the 1.1300 level may act as support.
Mitglied seit Apr 08, 2014
1141 Posts
Oct 30, 2018 at 09:53
On yesterday session, the EURUSD fell with a narrow range and closed 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 below the 10, 50 and the 200-day moving averages, all should provide a dynamic resistance.
The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1569 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1427 (resistance) and a daily resistance at 1.1459, a 2018 low at 1.1300 (support) and 100 Fibonacci expansion at 1.1232 (Support).
The currency pair is trading below the 10, 50 and the 200-day moving averages, all should provide a dynamic resistance.
The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1569 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1427 (resistance) and a daily resistance at 1.1459, a 2018 low at 1.1300 (support) and 100 Fibonacci expansion at 1.1232 (Support).
"I trade to make money not to be right."
Oct 30, 2018 at 13:16
Euro falling now. There is some support at 1.1330 but the big one is at 1.1300. I'm short now but will likely close my positions as we reach the big support level. There may be a bounce but with so much downward momentum I expect that there will be a break later in the week
Mitglied seit Dec 10, 2017
210 Posts
Oct 30, 2018 at 21:28
Well, looking bigger, we are going to 1,1200.
Mitglied seit Apr 08, 2014
1141 Posts
Oct 31, 2018 at 09:49
On yesterday session, the EURUSD fell with a narrow range and closed near the low of the day, in addition, managed to close below Mondays’ low, which suggests a strong bearish momentum.
The currency pair is trading below the 10, 50 and the 200-day moving averages, all should provide a dynamic resistance.
The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1563 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1408 (resistance) and a daily resistance at 1.1459, a 2018 low at 1.1300 (support) and 100 Fibonacci expansion at 1.1232 (Support).
The currency pair is trading below the 10, 50 and the 200-day moving averages, all should provide a dynamic resistance.
The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1563 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1408 (resistance) and a daily resistance at 1.1459, a 2018 low at 1.1300 (support) and 100 Fibonacci expansion at 1.1232 (Support).
"I trade to make money not to be right."
Mitglied seit Sep 12, 2015
1948 Posts
Oct 31, 2018 at 10:58
End of month trading could see a bullish move followed by a deeper sell off.
"They mistook leverage with genius".
Mitglied seit Apr 08, 2014
1141 Posts
Nov 01, 2018 at 10:31
On yesterday session, the EURUSD fell for the 3rd time wide a with a narrow range and closed near the low of the day, in addition, managed to close below Tuesdays’ low, which suggests a strong bearish momentum.
The currency pair is trading below the 10, 50 and the 200-day moving averages, all should provide a dynamic resistance.
The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1558 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1392 (resistance), a daily resistance at 1.1459, a 2018 low at 1.1300 (support) and 100 Fibonacci expansion at 1.1232 (Support).
The currency pair is trading below the 10, 50 and the 200-day moving averages, all should provide a dynamic resistance.
The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1558 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1392 (resistance), a daily resistance at 1.1459, a 2018 low at 1.1300 (support) and 100 Fibonacci expansion at 1.1232 (Support).
"I trade to make money not to be right."
Nov 02, 2018 at 07:54
EUR Bounce back in today's session from 1.1300 (2018 low) strong support to get stopped at 1.1422 Resistance represented by the 38.2% FIB right between monthly pivot 1.14127 and weekly pivot of 1.14284 on the 4 Hour chart.
Short term, expecting a move back in the 1.1375 areas or 23.6% fib before getting momentum and break through 1.1422 Resistance aiming for 1.1459 and 1.1550
Major Fundamentals tomorrow Morning Nov 2nd:
EUR
- Market Manufacturing PMI for Italy, France, Germany & Spain
USA
- Non Farm Payroll
Let's see how it goes down tomorrow morning which will determine where the pairs heading. Stay Sharp!!
Short term, expecting a move back in the 1.1375 areas or 23.6% fib before getting momentum and break through 1.1422 Resistance aiming for 1.1459 and 1.1550
Major Fundamentals tomorrow Morning Nov 2nd:
EUR
- Market Manufacturing PMI for Italy, France, Germany & Spain
USA
- Non Farm Payroll
Let's see how it goes down tomorrow morning which will determine where the pairs heading. Stay Sharp!!
ProFxSym
Mitglied seit Dec 10, 2017
210 Posts
Nov 02, 2018 at 08:08
The euro rose against the US dollar on Friday to 1.1426, adding 0.16%. I believe that support is now at around 1.1301, the low of Wednesday, and resistance is likely at the level of 1.1427 - the maximum of today's trading.
