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kieran (snapdragon1970)
Jan 14 2016 at 18:52
1945 Posts
Europe is fighting to push Euro lower and US is fighting to push Dollar lower,see saw.

"They mistook leverage with genius".
Jan 14 2016 at 22:17
454 Posts
Another tight range trading today, Price failed to close under support levels and 1.0900 resistance level is still holding up . I don't think we will see major break this week.

Jan 15 2016 at 08:09
708 Posts
On Wednesday, the US dollar fell against the euro, breaking run of three consecutive days of gains.
EUR/USD traded in a narrow range, ending the day with a minimum increase of 18 pips at 1.0876.

kayz (kayz08)
Jan 15 2016 at 08:09
32 Posts
What about the strong dollar policy?

I don't owe you pip, You don't owe me pip. Lets help each other.
Jan 15 2016 at 08:36
675 Posts
The pair recorded a moderate decline on Thursday, erasing most of its gains from the previous day. Thus the price remained at familiar territory for the third consecutive session, after failing to keep the daily progress. Session peak was reached at 1.0942, while the lowest point was recorded at 1.0835. Technically the outlook for the EUR/ USD remains neutral in the short term.

Hugo ONeill (honeill)
Jan 15 2016 at 09:41
1141 Posts
On yesterday session the EURUSD initially rose but found enough selling pressure near the last swing high to turn around and closed near the low of the day, however closed within previous day range, suggesting a week bearish momentum.

The pair still managed to close above the 10 and the 50-day moving average that continues acting as a dynamic support.

The key levels to watch are: 200-day moving average at 1.1048 (resistance), previous swing high at 1.0970 (resistance), 10-day moving average at 1.0868 (support), the 50-day moving average at 1.0825 (support) and the last swing low at 1.0711 (Support).

"I trade to make money not to be right."
Jan 15 2016 at 14:11
834 Posts
After disappointing US retail sales data, Eur/Usd pushed higher towards 1.100 level.

Jan 15 2016 at 18:16
413 Posts
The EUR/USD trying to break above the resistance level at 1.0998 today, I see that if it get through so the next level will be 1.1050.

Jan 15 2016 at 18:26
1117 Posts
csc2009 posted:
After disappointing US retail sales data, Eur/Usd pushed higher towards 1.100 level.

I did, but I doubt it will be able to break above it before the market closes today. The question is whether or not range will finally end next week.

Jan 15 2016 at 22:14
454 Posts
In short this week EUR/USD was trading in a tight range and sideways. EUR/USD couldnt break The weak opening price.

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