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Member Since May 01, 2015  675 posts FXWES Dec 23 2016 at 22:33
Ahead of the holidays and along with decreasing liquidity the EUR/USD pair settled in narrow range today. The pair was seen very weak at the beginning of the week and on Tuesday reached lowest point for the last 14 years at 1.0351. The short-term resistance is seen at 1.0520 (100-day moving average) and higher at 1.0665 (late November and 14th December highs). Looking to downwards support is now located at 1.0365 (15th December low) and lower at 1.0320.


Member Since Oct 02, 2014  855 posts Ari Goldman (arigoldman) Dec 24 2016 at 13:02
Expecting parity in early 2017.


Member Since Apr 09, 2014  834 posts csc2009 Dec 24 2016 at 22:57
Risk remains on the downside while more ranging movements are expected next week. Corrective move continues below 1.0500 level and immediate support zone can be found around 1.0400.


Member Since Apr 09, 2014  834 posts csc2009 Dec 24 2016 at 22:58
arigoldman posted:
Expecting parity in early 2017.

Let's see.


Member Since Apr 09, 2014  834 posts csc2009 Dec 24 2016 at 22:58
Merry Christmas everyone!


Member Since Dec 20, 2016  11 posts Trade24/5 (studionomi) Dec 25 2016 at 07:51
i think the market is go upward 1.06 and than again downtrend start toward the new low 1.026 this market will be bearish next few weeks

Sucsses is the good reward of time surf

Member Since Nov 03, 2015  45 posts Jack (jackell78) Dec 25 2016 at 08:37
After several all-time lows, EUR/USD reverted back in upward movement with short-term resistance at 1.0468. Possibilities for parity are now left aside for a while.


Member Since Apr 09, 2016  421 posts idimitrov Dec 25 2016 at 08:57
The euro rose against the dollar on Friday. By the end of the American session EUR/USD is trading at 1.0456, gaining 0.19%. I believe that the support is now located at the level of 1.0350, Tuesday's low, and resistance is likely at the level of 1.0501 - the maximum of Thursday.


Member Since Feb 01, 2016  6 posts Jon Briggs (Jonny440) Dec 25 2016 at 09:15
Happy Holidays!


Member Since Apr 09, 2014  834 posts csc2009 Dec 26 2016 at 00:36
Eur/Usd is almost trading flat around 1.0420/50 zone, on the upside strong resistance level can be seen at 1.0500 level, but with limited upside I'm expecting more sideway trading before the year end.

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