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EUR/USD
Miembro desde Oct 02, 2014
posts 905
Nov 11, 2016 at 19:25
What a move by the USD!
Positivity
forex_trader_29148
Miembro desde Feb 11, 2011
posts 1768
Nov 13, 2016 at 08:00
sell ,targe 1.2525
forex_trader_29148
Miembro desde Feb 11, 2011
posts 1768
Nov 13, 2016 at 08:01
i meant gbpusd ,wrong thread ,my bad
Nov 13, 2016 at 08:40
The euro was down against the US Dollar on Friday. By the close of US trading EUR/USD was trading at 1.0854, shedding 0.39%. I believe that the support is now located at the level of 1.0831, the low of Friday's trading, and resistance is likely at the level of 1.1300 - the maximum of Wednesday.
forex_trader_367321
Miembro desde Oct 08, 2016
posts 44
Nov 14, 2016 at 07:25
My previous call was a hideous blunder, my bad..
Target: 1.0650
Target: 1.0650
forex_trader_367321
Miembro desde Oct 08, 2016
posts 44
Nov 14, 2016 at 07:25
Btw, i am playing 1000:1 leverage, $15.00/pip,
Starting balance was $150.00
Current equity $569.00
Starting balance was $150.00
Current equity $569.00
Miembro desde Apr 08, 2014
posts 1140
Nov 14, 2016 at 09:31
On the last Friday’s session the EURUSD initially rose but found enough selling pressure around 1.0920 to reverse and closed near the low of the day, also managed to close below Thursday’s low, which suggests a strong bearish momentum.
The pair is trading below the 10, 50 and the 200-day moving average that should act as dynamic resistances.
The key levels to watch are: The 50-day moving average at 1.1076 (resistance), the 10-day moving average at 1.1020 (resistance), a daily resistance at 1.0900, the previous swing low at 1.0851 (support) and 2016 low at 1.0819 (support).
The pair is trading below the 10, 50 and the 200-day moving average that should act as dynamic resistances.
The key levels to watch are: The 50-day moving average at 1.1076 (resistance), the 10-day moving average at 1.1020 (resistance), a daily resistance at 1.0900, the previous swing low at 1.0851 (support) and 2016 low at 1.0819 (support).
"I trade to make money not to be right."
Miembro desde Jul 10, 2014
posts 1114
Nov 14, 2016 at 11:04
EUR/USD is still testing the support at 1.0760, but considering how bearish this pair is it's very likely that it will eventually break below that level and reach at least 1.0700.
Nov 14, 2016 at 13:45
The single currency recorded its worst week since mid-June after on Friday closed with a loss against the dollar for the fifth consecutive day. The euro depreciated by over 200 pips for the week to 1.0846. The price turned out to be the lowest since early January. Current technical attitudes support bears and further declines if the price holds lower than 1.0820.
Nov 14, 2016 at 14:25
Euro / dollar made a bearish momentum last week, bottomed at 1.0830 and hit 1.0798 during Asian session today. The bias remains bearish for a test of 1.0700. Resistance for the day is 1.0850. A clear break above that area could lead price to neutral zone testing 1.0900 or higher. The main technical outlook remains neutral.
Nov 15, 2016 at 06:17
The euro continued sloping downwards on Monday and closed at lowest level for over a year. The single currency depreciated by 96 pips to 1.0736. The downward trend was broken by positive data on industrial production in the eurozone, but reached intraday low at 1.0708. Technicalyl bears continue to dominate. Yesterday's low level is a major challenge and crucial for long-term attitudes.
Miembro desde Apr 08, 2014
posts 1140
Nov 15, 2016 at 09:22
Yesterday the EURUSD fell with a wide range, making a new 2016 low at 1.0709 and closed in near the low of the day, in addition the pair managed to close below previous day low, which suggests a strong bearish momentum.
The pair is trading well below the 10, 50 and the 200-day moving average that should act as dynamic resistances.
The key levels to watch are: the 10-day moving average at 1.0962 (resistance), a daily resistance at 1.0900, other daily resistance at 1.0819 (support), the new 2016 low at 1.0709 (support) and a Fibonacci extension at 1.0666 (support).
The pair is trading well below the 10, 50 and the 200-day moving average that should act as dynamic resistances.
The key levels to watch are: the 10-day moving average at 1.0962 (resistance), a daily resistance at 1.0900, other daily resistance at 1.0819 (support), the new 2016 low at 1.0709 (support) and a Fibonacci extension at 1.0666 (support).
"I trade to make money not to be right."
Miembro desde Jul 10, 2014
posts 1114
Nov 15, 2016 at 12:01
EUR/USD bounced off of 1.0709 yesterday, but it appears that the move to the upside is over already because it failed to break above 1.0815, formed a hanging man candlestick on the one-hour time-frame and started dropping. Next target is likely yesterday's low at 1.0709.
