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FXWES
Oct 02 2015 at 06:37
675 mensajes
On yesterday’s session the pair continued its downward movement from Tuesday. At the start of session bottomed at 1.1134 but finally the Euro managed to recover, recording moderate growth to a closing price of 1.1193. Additional gains were limited at 1.1208. Currently, the outlook remains neutral, as a break of the respective peak will open the opportunity to test the 100 period moving average at 1.1245. On the downside 1.1080 remains main target.

honeill (honeill)
Oct 02 2015 at 08:28
1141 mensajes
Yesterday the EURUSD initially fell but quickly found enough buying pressure to turn around and close in the green near the high of the day with a narrow range.

The currency did not had the strength to close above the 10 and 50-day moving averages, which is still sign of weakness to the upside and today we have the nonfarm payrolls data where is expected a rise in jobs of 203K the previous number was 173K.

The key levels to watch are 1.1237 (resistance), the 10-day moving average at 1.1188 (resistance), 1.1097 (support) and the 200-day moving average at 1.1077 (support).

"I trade to make money not to be right." |
csc2009
Oct 02 2015 at 11:04
834 mensajes
Abdul2012 posted:
It is the quite before the storm for the EUR/USD where today the traders waiting for tomorrow news.


Definitely, the pair is consolidating near 1.1200 level ahead of the release of NFP on Friday, we just have to wait-and-see.

trader30
Oct 02 2015 at 12:32
65 mensajes
victoriajensen
Oct 02 2015 at 16:14
1117 mensajes
The NFP finally gave EUR/USD the push to break above 1.1240 and I think it will likely even reach 1.1360 - 1.1370.

ManukSabung
Oct 02 2015 at 16:27
110 mensajes
victoriajensen posted:
 The NFP finally gave EUR/USD the push to break above 1.1240 and I think it will likely even reach 1.1360 - 1.1370.


what do you think about EURJPY ? many trader put sell .

Abdul2012
Oct 02 2015 at 17:35
413 mensajes
The EUR/USD could not make it to the 1.1320 and rebound to the 1.1220 support, Good hunting for today and great weekend for all.

sherifFares
Oct 02 2015 at 19:42
454 mensajes
NFP came lower than expected but still the EUR/USD didnt find enough support and rebounds from 1.1290 resistance

csc2009
Oct 03 2015 at 08:43
834 mensajes
Eur/Usd has broke its consolidating pattern around 1.1120 after miserable outcome from the NFP, the pair is now trading above 1.130 level, break above 1.1330 would extend further gains.

sherifFares
Oct 03 2015 at 23:51
454 mensajes
EUR/USD will most likely continue to drop by the beginning of the week now price is under a resistance level of MVA 20, I wish everyone a good weekend and a successful trading next week.

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