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alexforex007
May 02 2016 at 03:31
774 Posts
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.

Hugo ONeill (honeill)
May 02 2016 at 07:49
1141 Posts
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).

"I trade to make money not to be right."
victoriajensen
May 02 2016 at 15:50
1117 Posts
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.

csc2009
May 03 2016 at 01:24
834 Posts
Bullish trends remain steady as long as the pair stay above 1.14660, my target remains the same at 1.16 level.


Việt Trader (Diamond_Trader)
May 03 2016 at 06:52
10 Posts
Diamond_Trader posted:
It's starting up trend for long term. SL <1.04

Happy trading!...


Good job!😎

Hugo ONeill (honeill)
May 03 2016 at 07:38
1141 Posts
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).

"I trade to make money not to be right."
stian
May 03 2016 at 08:12
325 Posts
1.1610. Highest level since january 2015. Up almost 400 pip in a week.

rosentray
May 03 2016 at 10:59
277 Posts
EUR/USD is trading higher in today's session marking a 9-month high at the high of 1.1616. Main trend on the short-term is expected to change with first bear target at 1.1400-1.1420.

tchutchuco
May 03 2016 at 15:28
28 Posts
What is moving EURUSD today? Are perhaps all the SL or anithing else that I have lost?

deresel
May 03 2016 at 15:55
708 Posts
Euro/Dollar continued its bullish momentum yesterday, topped at 1.1535. The bias is bullish in nearest term for testing 1.1600.

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