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EUR/USD
Miembro desde Sep 12, 2015
posts 1948
Oct 26, 2018 at 08:50
Miembro desde Sep 12, 2015
posts 1948
Italy getting a bashing ,s&p rating ahead,more downside risk but 1.13600 seems to be holding for now.
"They mistook leverage with genius".
Miembro desde Jan 25, 2010
posts 1360
Oct 28, 2018 at 09:38
Miembro desde Jan 25, 2010
posts 1360
snapdragon1970 posted:
hope you guys are short Dollar the way things are going with Stocks.
EU just broke down-channel! Nice call!
Miembro desde Oct 02, 2014
posts 909
Miembro desde Apr 08, 2014
posts 1141
Oct 29, 2018 at 10:31
Miembro desde Apr 08, 2014
posts 1141
On the last Friday’s session, the EURUSD initially fell but found enough buying pressure near 1.1335 to reverse and closed near the high of the day, however, managed to close within Thursday’s range, which suggests being slightly on the bullish side of neutral.
The currency pair is trading below the 10, 50 and the 200-day moving averages, all should provide a dynamic resistance.
The key levels to watch: daily resistance at 1.1829, 61.8 Fibonacci expansion at 1.1795 (resistance), daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1573 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1437 (resistance) and a daily resistance at 1.1459 and a 2018 low at 1.1300 (support).
The currency pair is trading below the 10, 50 and the 200-day moving averages, all should provide a dynamic resistance.
The key levels to watch: daily resistance at 1.1829, 61.8 Fibonacci expansion at 1.1795 (resistance), daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1573 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1437 (resistance) and a daily resistance at 1.1459 and a 2018 low at 1.1300 (support).
"I trade to make money not to be right."
Miembro desde Sep 12, 2015
posts 1948
Oct 29, 2018 at 12:47
Miembro desde Sep 12, 2015
posts 1948
I will be waiting for a re test of Fridays low around 1340 ish for Longs, not much news today apart from Merkel, gold lower and stocks expected to open higher usually means stronger dollar.
"They mistook leverage with genius".
Miembro desde Sep 12, 2015
posts 1948
Oct 29, 2018 at 13:42
Miembro desde Sep 12, 2015
posts 1948
Might be able to scalp 10-15 pips off 1375, wont be holding my breath tho, with a tight stop.
"They mistook leverage with genius".
Miembro desde Jul 10, 2014
posts 1117
Oct 29, 2018 at 18:14
Miembro desde Jul 10, 2014
posts 1117
The sideways consolidation continues and it will likely reach 1.1420 again, but there likely won't be a breakout above that level.
Miembro desde Oct 11, 2013
posts 775
Oct 30, 2018 at 03:10
Miembro desde Oct 11, 2013
posts 775
The EURUSD consolidates around the 1.1400 level and forms what it appears to be a pennant formation on the daily chart. From the current consolidation the pair may head in any direction, but since the trend is bearish coming into the formation, there is a higher probability of seeing a bearish continuation. To the downside, the 1.1300 level may act as support.
Miembro desde Apr 08, 2014
posts 1141
Oct 30, 2018 at 09:53
Miembro desde Apr 08, 2014
posts 1141
On yesterday session, the EURUSD fell with a narrow range and closed near the low of the day, however, closed within Friday’s range, which suggests being slightly on the bearish side of neutral.
The currency pair is trading below the 10, 50 and the 200-day moving averages, all should provide a dynamic resistance.
The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1569 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1427 (resistance) and a daily resistance at 1.1459, a 2018 low at 1.1300 (support) and 100 Fibonacci expansion at 1.1232 (Support).
The currency pair is trading below the 10, 50 and the 200-day moving averages, all should provide a dynamic resistance.
The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1569 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1427 (resistance) and a daily resistance at 1.1459, a 2018 low at 1.1300 (support) and 100 Fibonacci expansion at 1.1232 (Support).
"I trade to make money not to be right."
Oct 30, 2018 at 13:16
Miembro desde Oct 16, 2018
posts 8
Euro falling now. There is some support at 1.1330 but the big one is at 1.1300. I'm short now but will likely close my positions as we reach the big support level. There may be a bounce but with so much downward momentum I expect that there will be a break later in the week
Miembro desde Dec 10, 2017
posts 210
Miembro desde Apr 08, 2014
posts 1141
Oct 31, 2018 at 09:49
Miembro desde Apr 08, 2014
posts 1141
On yesterday session, the EURUSD fell with a narrow range and closed near the low of the day, in addition, managed to close below Mondays’ low, which suggests a strong bearish momentum.
The currency pair is trading below the 10, 50 and the 200-day moving averages, all should provide a dynamic resistance.
The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1563 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1408 (resistance) and a daily resistance at 1.1459, a 2018 low at 1.1300 (support) and 100 Fibonacci expansion at 1.1232 (Support).
The currency pair is trading below the 10, 50 and the 200-day moving averages, all should provide a dynamic resistance.
The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1563 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1408 (resistance) and a daily resistance at 1.1459, a 2018 low at 1.1300 (support) and 100 Fibonacci expansion at 1.1232 (Support).
"I trade to make money not to be right."
Miembro desde Sep 12, 2015
posts 1948
Oct 31, 2018 at 10:58
Miembro desde Sep 12, 2015
posts 1948
End of month trading could see a bullish move followed by a deeper sell off.
"They mistook leverage with genius".
Miembro desde Apr 08, 2014
posts 1141
Nov 01, 2018 at 10:31
Miembro desde Apr 08, 2014
posts 1141
On yesterday session, the EURUSD fell for the 3rd time wide a with a narrow range and closed near the low of the day, in addition, managed to close below Tuesdays’ low, which suggests a strong bearish momentum.
The currency pair is trading below the 10, 50 and the 200-day moving averages, all should provide a dynamic resistance.
The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1558 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1392 (resistance), a daily resistance at 1.1459, a 2018 low at 1.1300 (support) and 100 Fibonacci expansion at 1.1232 (Support).
The currency pair is trading below the 10, 50 and the 200-day moving averages, all should provide a dynamic resistance.
The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1558 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1392 (resistance), a daily resistance at 1.1459, a 2018 low at 1.1300 (support) and 100 Fibonacci expansion at 1.1232 (Support).
"I trade to make money not to be right."
Nov 02, 2018 at 07:54
Miembro desde Jul 28, 2015
posts 1
EUR Bounce back in today's session from 1.1300 (2018 low) strong support to get stopped at 1.1422 Resistance represented by the 38.2% FIB right between monthly pivot 1.14127 and weekly pivot of 1.14284 on the 4 Hour chart.
Short term, expecting a move back in the 1.1375 areas or 23.6% fib before getting momentum and break through 1.1422 Resistance aiming for 1.1459 and 1.1550
Major Fundamentals tomorrow Morning Nov 2nd:
EUR
- Market Manufacturing PMI for Italy, France, Germany & Spain
USA
- Non Farm Payroll
Let's see how it goes down tomorrow morning which will determine where the pairs heading. Stay Sharp!!
Short term, expecting a move back in the 1.1375 areas or 23.6% fib before getting momentum and break through 1.1422 Resistance aiming for 1.1459 and 1.1550
Major Fundamentals tomorrow Morning Nov 2nd:
EUR
- Market Manufacturing PMI for Italy, France, Germany & Spain
USA
- Non Farm Payroll
Let's see how it goes down tomorrow morning which will determine where the pairs heading. Stay Sharp!!
ProFxSym
Miembro desde Dec 10, 2017
posts 210
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