EUR/USD
Membre depuis Oct 11, 2013
posts 775
Oct 14, 2015 at 06:54
Break or bounce from the 1.1400 level on the EURUSD? Thats the million dollar question, so far it all depends on this wednesday's fundamentals out of the US.
Oct 14, 2015 at 07:46
The euro recorded an increase against the dollar on Tuesday. The single currency justified the short-term expectations and resume the upward move from the end of last week. There is high probability for testing the resistance at 1.1436. Tuesday session started at 1.1357 and the bullish sentiment was most intense in the early hours. As a result, currencies reached a peak for the day at 1.1410. Subsequently followed a correction and the session finished at 1.1378.
Membre depuis Apr 08, 2014
posts 1141
Oct 14, 2015 at 09:04
Yesterday the EURUSD went back and forward with a wide range plus without any clear direction but managed to close in the green at the middle of the daily range.
The key levels to watch are 1.1460 (Resistance), the 10-day moving average at 1.1305 (support) and 1.1237 (support).
The key levels to watch are 1.1460 (Resistance), the 10-day moving average at 1.1305 (support) and 1.1237 (support).
"I trade to make money not to be right."
Membre depuis Jul 10, 2014
posts 1117
Oct 14, 2015 at 18:40
It's testing 1.1460 again and I think this time it will manage to break above it. Should it manage to do so it will likely reach 1.1700 - 1.1710.
Membre depuis Jun 08, 2014
posts 454
Oct 14, 2015 at 20:58
EUR/USD broke yesterday resistance 1.1400 and now testing 1.1470 I am still bullish on the pair.
Membre depuis Sep 28, 2015
posts 34
Oct 15, 2015 at 06:01
Eur/Usd after managed to clear above 1.1425 levels next close level is near 1.1450 key levels. A break through 1.14478 will make the pair to pass 1.1450 to come test resistance at 1.1460 .
Membre depuis Oct 11, 2013
posts 775
Oct 15, 2015 at 06:12
The bullish trend is still in place for the EURUSD, but we still must be careful with tomorrow's CPI numbers, because even though we are expecting them to come out weak, if they surprise to the upside, then the EURUSD may bounce back down from current levels.
Oct 15, 2015 at 06:29
The euro marked increase against the dollar on Wednesday. The session was very successful for the single currency, and bulls prevailed from the beginning to the end of trading. As a result, the resistances at 1.1436 and 1.1460 were broken. If the positive momentum continue in the future, currencies will test key level at 1.1559. Wednesday session started at 1.1378 and finished with 95 pips higher. Peak of the day was reached shortly before the end of the trading day, at 1.1478.
Membre depuis Apr 08, 2014
posts 1141
Oct 15, 2015 at 09:46
Yesterday the EURUSD rallied with a wide range and closed in the green near the high of the day, above the 1.1460 resistance.
It could have found some resistance and we may see a pullback before another move upward.
The key levels to watch are 1.1556 (Resistance), 1.1460 (Resistance), the 10-day moving average at 1.1336 (support) and 1.1237 (support).
It could have found some resistance and we may see a pullback before another move upward.
The key levels to watch are 1.1556 (Resistance), 1.1460 (Resistance), the 10-day moving average at 1.1336 (support) and 1.1237 (support).
"I trade to make money not to be right."
Membre depuis Jul 10, 2014
posts 1117
Oct 15, 2015 at 16:24
EUR/USD might have bounced off the resistance at 1.1500, but I think that soon we will see another attempt to break above that level so it can continue climbing.
Membre depuis Jun 08, 2014
posts 454
Oct 15, 2015 at 17:49
EUR/USD lost the bullish trend on the 4 hours chart an engulfing pattern and a sudden drop to below the support of 1.1400.
Oct 16, 2015 at 07:18
The euro recorded a decrease against the dollar on Thursday. Thus, the single currency lost the accumulated profits from the previous session. If negative direction continue we may expect soon break of support at 1.1171.The session on Thursday started at 1.1472 and the bullish trend prevailed from the start. Bottom of the day was hit at 1.1363, and the session ended at 1.1382.
Membre depuis Apr 08, 2014
posts 1141
Oct 16, 2015 at 08:33
Yesterday the EURUSD plunged with a wide range and closed in the red near the low of the day, creating a bearish engulfing pattern.
The key levels to watch are 1.1460 (Resistance), the 10-day moving average at 1.1345 (support) and 1.1237 (support).
The key levels to watch are 1.1460 (Resistance), the 10-day moving average at 1.1345 (support) and 1.1237 (support).
"I trade to make money not to be right."
Membre depuis Jul 10, 2014
posts 1117
Oct 16, 2015 at 17:39
I think that next week we can expect EUR/USD to rise again, since it formed a doji candlestick above the resistance at 1.1330 on the four-hour filter chart.
Membre depuis Oct 11, 2013
posts 775
Oct 16, 2015 at 17:40
Tomorrow we have the consumer confidence number out of the US and if the reading comes out better than expected, then the EURUSD may continue dropping from the 1.1400 level to the 1.1300. But if the numbers come out worse than expected, then the pair may go back to the 1.1500 level.
