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EUR/USD
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Cryptocurrency

Member Since Feb 22, 2015  177 posts Cuong Truong (Cryptocurrency) Mar 06 2017 at 14:58
Very Strong Resistance point:

1.11385
1.08250
1.06011

I trade Forex using my Bollinger Trend PRO mt4 indicator.
FXWES

Member Since May 01, 2015  675 posts FXWES Mar 06 2017 at 20:10
EUR/USD was seen higher today, but was unable to hold above 1.0600. Currently the pair is testing lows around 1.0578. Meanwhile technical indicators are loosing strength. Immediate support is seen at 1.0525 area and in case of breaking below it, further downslide could be extented towards 1.0500.

rosentray

Member Since Feb 24, 2016  277 posts rosentray Mar 07 2017 at 06:45
EUR/USD has consolidated around 1.0580 in expectation of this week's data. Market sentiment is predominantly bearish for the pair with major target at 1.0490. Below that, bears would have the advantage of weak support and the opportunity to go to parity.

FXWES

Member Since May 01, 2015  675 posts FXWES Mar 07 2017 at 08:33
EUR/USD bounced off the lows and now is seen hovering around 1.0600. It’s not sure whether the bulls will find enough strength to hold above this line. Since the beginning of February the pair is moving to downwards and in case of breaking below the key support at 1.0550, EUR/USD will be poised to decline further.

honeill

Member Since Apr 08, 2014  1105 posts Hugo O'Neill (honeill) Mar 07 2017 at 08:37
On yesterday session, again the EURUSD initially tried to rally but found enough resistance at 1.0622 to give all of its gains back to the market and closed in the red, near the low of the day, in addition closed within Monday’s range, which suggests being slightly on the bearish side of neutral.

The currency pair is trading above the 10-day moving average that should act as a dynamic support but it continues to trade below the 50 and 200-day moving averages that should act as dynamic resistances.

The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, the 50-day moving average at 1.0644 (resistance), a daily resistance at 1.0622, the 10-day moving average at 1.0573 (support) a daily support at 1.0527 and other daily support at 1.0462.

"I trade to make money not to be right." |
Darkdevil2000

Member Since Feb 16, 2017  5 posts Darkdevil2000 Mar 07 2017 at 12:52
In a few time 1,04 and in medium, 1,11

besttools

Member Since Jun 21, 2016  898 posts bestools (besttools) Mar 07 2017 at 13:22

Renewed weakness below 1.0560 level is likely to get extended towards 1.0535 intermediate support before the pair eventually drops to the key 1.0500 psychological mark support. On the flip side, the 1.0600 handle remains immediate strong barrier, which if conquered has the potential to lift the pair through three-week high resistance near 1.0640 level towards reclaiming the 1.0700 handle.

studionomi

Member Since Dec 20, 2016  11 posts Trade24/5 (studionomi) Mar 07 2017 at 13:32
New target is 1.09528

Sucsses is the good reward of time surf
Trigger2017

Member Since Dec 08, 2016  1 posts Trigger2017 Mar 07 2017 at 15:45
HaHaHaHa!

snapdragon1970

Member Since Sep 12, 2015  1883 posts kieran (snapdragon1970) Mar 07 2017 at 16:53
What century?

"Mistakes are the portals of discovery",James Joyce.
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EU Financial Stability Review (2h 53min)
EUR/GBP Technical Analysis: Eyes break a...(29 min ago)
EURUSD 1.13957 GBPUSD 1.28244
USDJPY 112.793 USDCAD 1.31677

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.