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EUR/USD
Jul 22, 2015 at 12:54
Miembro desde May 01, 2015
posts 675
On yesterday’s session EUR registered a sharp rise against the USD. The session started at a price of 1.0824, then went a little downward and reached the daily bottom at 1.0811. Later on the direction was reversed and the strong upward move closed EUR at 1.0933. If the bullish sentiment continue, we can expect the first test of resistance at 1.1034.
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Jul 22, 2015 at 20:37
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posts 1117
EUR/USD might have bounced off 1.0970 but it looks like it will attempt to break above the resistance again.
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posts 1141
Jul 23, 2015 at 09:45
(editado Jul 23, 2015 at 09:53)
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...
"I trade to make money not to be right."
Jul 23, 2015 at 11:03
Miembro desde May 01, 2015
posts 675
The euro recorded a decrease on Wednesday session after fluctuating trade throughout the day. The session started at a price of 1.0933 just before lunch the single currency reached the highest level for the day at 1.0965. In the afternoon the price went down sharply, reaching a daily low at 1.0869. The pair ended the day at 1.0927 and if the direction go downwards, we can expect a break of the support at 1.0817.
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Jul 23, 2015 at 11:29
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posts 1141
Yesterday the EURUSD pair moved back and forward with lack of direction closing in the red near the open of the day, making a Doji pattern. This candlestick is often used to signal indecision about the future direction of the currency so today a break above its high or a break below its low will set the trend for the day.
"I trade to make money not to be right."
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posts 1117
Jul 23, 2015 at 18:42
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posts 1117
EUR/USD is testing the resistance at 1.1000 again. Should it manage to break above that level it will probably continue towards the resistance at 1.1070, which coincides with the (89)MA on the daily filter chart.
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posts 454
Jul 23, 2015 at 19:57
Miembro desde Jun 08, 2014
posts 454
victoriajensen posted:
EUR/USD is testing the resistance at 1.1000 again. Should it manage to break above that level it will probably continue towards the resistance at 1.1070, which coincides with the (89)MA on the daily filter chart.
I fully Agree for the second day the price is testing the resistance levels.
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Jul 24, 2015 at 14:06
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posts 675
The single currency registered an increase against the dollar on Thursday after an upward trend throughout the day. The session started at a price of 1.0926, and in the afternoon the pair reached the highest level for the day at 1.1016. The day ended at a price of 1.0982 and if the upward move continues it’s most likely to break the first resistance at 1.1034.
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Jul 24, 2015 at 18:13
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posts 1117
Today was another relatively slow day for EUR/USD and the pair once again failed to break above 1.1000. It looks like we'll have to wait until next week for that to happen.
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