EUR/USD
May 10, 2017 at 15:13
The EUR/USD bounced slightly from the weekly low, but after Mario Draghi’s speach turned bearish again. The current market price is 1.0865 and interemediate support is seen at 1.0850. In case of breaking it, the pair could extend the downwards slope towards 1.0820.
Miembro desde Apr 08, 2014
posts 1141
May 11, 2017 at 07:48
On yesterday session, the EURUSD went back and forward without any clear direction although and closed in the red, in the middle of the daily range, plus managed to close within Tuesday’s range, which suggests being clearly neutral, neither side is showing control.
The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a key level at 1.0970 (resistance), the 10-day moving average at 1.0926 (resistance), a daily resistance at 1.0900 and other daily support at 1.0819, the 50-day moving average at 1.0769 (support).
The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a key level at 1.0970 (resistance), the 10-day moving average at 1.0926 (resistance), a daily resistance at 1.0900 and other daily support at 1.0819, the 50-day moving average at 1.0769 (support).
"I trade to make money not to be right."
Miembro desde Feb 22, 2015
posts 178
May 11, 2017 at 17:32
I'm predicting price of EUR/USD will drop to 1.06 area. What is everyone's prediction?
I trade Forex using my Bollinger Trend PRO mt4 indicator.
Miembro desde Sep 12, 2015
posts 1948
May 11, 2017 at 18:02
Cryptocurrency posted:
I'm predicting price of EUR/USD will drop to 1.06 area. What is everyone's prediction?
Doubtful it will go that low based on the Euro data some traders I know are calling 1.080
"They mistook leverage with genius".
Miembro desde Apr 08, 2014
posts 1141
May 12, 2017 at 08:14
On yesterday session, the EURUSD went back and forward without any clear direction again and closed in the red, in the middle of the daily range, plus managed to close within Wednesday’s range, which suggests being clearly neutral, neither side is showing control.
The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a key level at 1.0970 (resistance), the 10-day moving average at 1.0922 (resistance), a daily resistance at 1.0900 and other daily support at 1.0819, the 50-day moving average at 1.0774 (support).
The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a key level at 1.0970 (resistance), the 10-day moving average at 1.0922 (resistance), a daily resistance at 1.0900 and other daily support at 1.0819, the 50-day moving average at 1.0774 (support).
"I trade to make money not to be right."
Miembro desde Jul 10, 2014
posts 1117
May 12, 2017 at 14:41
EUR/USD reached 1.0900 today after bouncing off from 1.0840 and it even broke out above that level. It is currently testing 1.0920. Next target is likely 1.0950 - 1.1000.
Miembro desde Feb 22, 2015
posts 178
May 12, 2017 at 22:04
Here's my latest prediction for EUR/USD
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I trade Forex using my Bollinger Trend PRO mt4 indicator.
Miembro desde Feb 22, 2015
posts 178
May 12, 2017 at 22:59
Here's my 2nd case scenario prediction for EUR/USD
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I trade Forex using my Bollinger Trend PRO mt4 indicator.
Miembro desde Oct 02, 2014
posts 909
May 13, 2017 at 19:46
EUR/USD went a bit down this week, but managed to recover. I'm bullish for the week to come!
Positivity
Miembro desde Feb 22, 2015
posts 178
May 14, 2017 at 02:15
Here's another possible case scenario for EUR/USD
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I trade Forex using my Bollinger Trend PRO mt4 indicator.
Miembro desde Feb 06, 2016
posts 1
May 14, 2017 at 07:20
can anyone tell me about the EURUSD pair for the coming weak
abdulmosawer@
May 15, 2017 at 06:27
The euro rose against the US dollar on Friday. By the close of US trading, EUR / USD was trading at 1.0932, gaining 0.64%. I believe that support is now at around 1.0838, Thursday's low, and resistance is likely to come in at 1.1024, Monday's high.
Miembro desde Apr 08, 2014
posts 1141
May 15, 2017 at 07:37
On the last Friday’s session the EURUSD rallied with a wide range but and closed near the high of the day, in addition the currency pair managed to close above Thursday’s high, which suggests a strong bullish momentum.
The currency pair is now trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: Year high at 1.1021 (resistance), a key level at 1.0970 (resistance), the 10-day moving average at 1.0926 (support), a daily support at 1.0900 and other daily support at 1.0819, the 50-day moving average at 1.0778 (support).
The currency pair is now trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: Year high at 1.1021 (resistance), a key level at 1.0970 (resistance), the 10-day moving average at 1.0926 (support), a daily support at 1.0900 and other daily support at 1.0819, the 50-day moving average at 1.0778 (support).
"I trade to make money not to be right."
Miembro desde Jul 10, 2014
posts 1117
May 15, 2017 at 14:29
EUR/USD broke out above 1.0900 and it has almost reached 1.1000. Now the question is whether there will be a breakout above 1.1020.
Miembro desde Feb 22, 2015
posts 178
May 15, 2017 at 22:46
I'm still Bearish on EUR/USD
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I trade Forex using my Bollinger Trend PRO mt4 indicator.
