EUR/USD
Miembro desde Jul 10, 2014
posts 1117
Nov 21, 2016 at 12:24
EUR/USD bounced off the support at 1.0580 and is currently testing the resistance at 1.0640. If it breaks above that level it will likely continue moving to the upside towards 1.0660 - 1.0680.
Nov 22, 2016 at 06:06
The euro marked slight increase against the dollar on Monday. The short-term expectations remain in favor of the US dollar, with breaking the support at 1.0519, that could confirm another leg downwards. Next support is located at 1.0452. First resistance is seen at 1.0818, and second at 1.0925.
Miembro desde Apr 08, 2014
posts 1141
Nov 22, 2016 at 07:52
Yesterday the EURUSD rose with a narrow range and closed near the high of the day, although the pair closed within Friday’s range, which suggests being slightly on the bullish side of neutral.
The pair continues to trade well below the 10, 50 and the 200-day moving average that should act as dynamic resistances.
The key levels to watch are: a daily resistance at 1.0819 (resistance), the 10-day moving average at 1.0717(resistance), a Fibonacci extension at 1.0666 (resistance) and a daily resistance at 1.0622 and the all-time low at 1.0462.
The pair continues to trade well below the 10, 50 and the 200-day moving average that should act as dynamic resistances.
The key levels to watch are: a daily resistance at 1.0819 (resistance), the 10-day moving average at 1.0717(resistance), a Fibonacci extension at 1.0666 (resistance) and a daily resistance at 1.0622 and the all-time low at 1.0462.
"I trade to make money not to be right."
Nov 22, 2016 at 09:08
EUR/USD is trading higher in today's session after a few days of high volatility and uncertainty. Current market price is 1.0643, close to first resistance at 1.0650. If bulls manage to pull through that level then we might an attempt to go higher possibly above 1.0750 before the weekend. On the other hand, bears need to go below 1.06 in order for the bull run to be discontinued.
Miembro desde Jul 10, 2014
posts 1117
Nov 22, 2016 at 13:03
EUR/USD bounced off 1.0660 and is retracing back towards 1.0600, so for now the sideways consolidation continues and it's unlikely to end before the FOMC meeting minutes are announced tomorrow.
Miembro desde Apr 08, 2014
posts 1141
Nov 23, 2016 at 08:06
Yesterday the EURUSD went back and forward without any clear direction but closed in the red, in the middle of the daily range, in addition managed the pair managed to close within previous day range, which suggests being clearly neutral, neither side is showing control.
The pair continues to trade well below the 10, 50 and the 200-day moving average that should act as dynamic resistances.
The key levels to watch are: a daily resistance at 1.0819 (resistance), the 10-day moving average at 1.0691(resistance), a Fibonacci extension at 1.0666 (resistance) and a daily support at 1.0622 and the all-time low at 1.0462 (support).
The pair continues to trade well below the 10, 50 and the 200-day moving average that should act as dynamic resistances.
The key levels to watch are: a daily resistance at 1.0819 (resistance), the 10-day moving average at 1.0691(resistance), a Fibonacci extension at 1.0666 (resistance) and a daily support at 1.0622 and the all-time low at 1.0462 (support).
"I trade to make money not to be right."
Miembro desde Jul 10, 2014
posts 1117
Nov 23, 2016 at 14:29
EUR/USD broke below 1.0600 and continued moving to the downside. It's currently testing 1.0550, and if it breaks out below that support it will likely reach 1.0520, which is the previous low.
Miembro desde Sep 12, 2015
posts 1948
Nov 23, 2016 at 19:57
rap17 posted:Yes ,ECB comment extending bond buying and US data.
was any1 watching this. a massive, massive drop and with no info on updates???
"They mistook leverage with genius".
Nov 23, 2016 at 20:55
Currently the EUR/USD pair is exposed to further downward slope, having in mind that is placed below 1.0600 area and also below the moving averages. Immediate resistance is seen at 1.0605, where know is lying the 20-day SMA. Support is located now at 1.0525 and lower at 1.0500.
Miembro desde Apr 08, 2014
posts 1141
Nov 24, 2016 at 09:50
Yesterday the EURUSD fell with a wide range and closed 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 continues to trade well below the 10, 50 and the 200-day moving average that should act as dynamic resistances.
The key levels to watch are: a daily resistance at 1.0819 (resistance), a Fibonacci extension at 1.0666 (resistance), the 10-day moving average at 1.0661(resistance), a daily resistance at 1.0622 and the all-time low at 1.0462 (support).
The pair continues to trade well below the 10, 50 and the 200-day moving average that should act as dynamic resistances.
The key levels to watch are: a daily resistance at 1.0819 (resistance), a Fibonacci extension at 1.0666 (resistance), the 10-day moving average at 1.0661(resistance), a daily resistance at 1.0622 and the all-time low at 1.0462 (support).
"I trade to make money not to be right."
Miembro desde Jul 10, 2014
posts 1117
Nov 24, 2016 at 12:49
EUR/USD bounced off 1.0540 and it might climb back up to 1.0600, but the overall trend remains very bearish. The move to the downside will likely contonue until the pair eventually reaches the previous low at 1.0462.
Nov 25, 2016 at 06:27
The euro rose against the dollar on Friday. By the end of the Asian session EUR/USD was trading at 1.0571, gaining 0.16%. I believe that the support is now located at the level of 1.0515, the low of Thursday, and resistance is likely at the level of 1.0660 - the maximum of Tuesday.
Nov 25, 2016 at 07:32
The single currency performed neutral during Thursday session. The opening price of opening completely coincided with that of closing - 1.0551. The EUR/USD moved within extremely narrow range, but the pair managed to break the first support at 1.0519 and reached its lowest level for the day at 1.0517. If bearish sentiment continue to dominate , the second key level at 1.0452 could be tested soon.
Miembro desde Apr 08, 2014
posts 1141
Nov 25, 2016 at 08:56
Yesterday the EURUSD went back and forward without any clear direction although closed slightly in the green, in the middle of the daily range, creating a doji pattern. In addition the pair closed within the previous day range, which suggests being clearly neutral, neither side is showing control.
The pair continues to trade well below the 10, 50 and the 200-day moving average that should act as dynamic resistances.
The key levels to watch are: a daily resistance at 1.0819 (resistance), a Fibonacci extension at 1.0666 (resistance), the 10-day moving average at 1.0633(resistance), a daily resistance at 1.0622 and the all-time low at 1.0462 (support).
The pair continues to trade well below the 10, 50 and the 200-day moving average that should act as dynamic resistances.
The key levels to watch are: a daily resistance at 1.0819 (resistance), a Fibonacci extension at 1.0666 (resistance), the 10-day moving average at 1.0633(resistance), a daily resistance at 1.0622 and the all-time low at 1.0462 (support).
"I trade to make money not to be right."
