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honeill (honeill)
Apr 28 2016 at 07:21
1141 mensajes
Yesterday EURUSD went back and forward but closed in the green although closed in the middle of the daily range, in addition closed within previous day range, suggesting lack of momentum, neither bulls nor bears are showing control.

The pair is trading above the 10, 50 and the 200-day moving averages that should act as a dynamic support.

The key levels to watch are: A daily resistance at 1.1459, the previous swing high at 1.1398 (resistance), the 10-day moving average at 1.1293 (support), a daily support at 1.1237 and the 50-day moving average at 1.1238 (Support).

"I trade to make money not to be right." |
deresel
Apr 28 2016 at 08:26
708 mensajes
The euro added value against the dollar for a third consecutive session on Wednesday, climbed 26 pips to a closing price of 1.1320. The movement noted high of the beginning of the week at 1.1360, while the bottom has been reached at level of 1.1271. Index relative strength added positions supporting the bulls, but the major challenge remains upwards at 1.1340/60.

rosentray
Apr 28 2016 at 13:07
277 mensajes
EUR/USD is trading higher today going to 1.1367 and is now trading at 1.1347. Market sentiment remains bearish as volume is not enough to keep bulls satisfied with current gains. Price drop could be expected that would lead the price to 1.12.

victoriajensen
Apr 28 2016 at 15:15
1117 mensajes
I agree, EUR/USD had briefly broken above 1.1330, but now it's back below that level. Range continues and the pair will likely continue moving to the downside towards the support at 1.1220.

honeill (honeill)
Apr 29 2016 at 07:40
1141 mensajes
Yesterday EURUSD initially fell but found enough support at the 10-day moving average to turn around and close near the high of the day, however closed within previous day range, suggests a slight momentum on the bullish side of neutral.

The pair is trading above the 10, 50 and the 200-day moving averages that should act as a dynamic support.

The key levels to watch are: A daily resistance at 1.1556, other daily resistance at 1.1459, the previous swing high at 1.1398 (resistance), the 10-day moving average at 1.1294 (support), the 50-day moving average at 1.1238 (Support) and a daily support at 1.1237.

"I trade to make money not to be right." |
victoriajensen
Apr 29 2016 at 16:08
1117 mensajes
After much uncertainty at 1.1330 yesterday the pair finally broke above that resistance and continued climbing, and today it's testing the resistance at 1.1450 again. A breakout above that level would likely lead to it climbing to 1.1500, but considering how many times the pair has bounced off that resistance whether or not it will be able to break above it now is suspect

rosentray
Apr 29 2016 at 18:37
277 mensajes
EUR/USD rose to 1.1459 in today's trading session and is currently trading at 1.1453. First bull target is seen at 1.1560, while first support could be found at 1.1370.

arigoldman (arigoldman)
Apr 30 2016 at 15:05
907 mensajes
Expecting a continuation of the upward move on the short-term.

tchutchuco
May 01 2016 at 12:51
28 mensajes
arigoldman posted:
Expecting a continuation of the upward move on the short-term.

I do agree with you specially after the last US data.

csc2009
May 01 2016 at 23:01
834 mensajes
A small gap up, next immediate resistance level can be found at 1.1460, I'm expecting the bullish trend would head to 1.16.

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