EUR/USD
Apr 26, 2016 at 08:23
EUR/USD had a slight bullish momentum yesterday, marking a daily high at 1.1277. The outlook is neutral, possibly with minor bullish impulse. The nearest support is seen at 1.1215 and if it might be broken, may set bears on pressure to test 1.1150.
Apr 26, 2016 at 08:44
After a third day of declines on Friday at the end currency pair recording a negative week. The euro depreciated by 65 pips during the session to 1.1221, noting extremes respectively at 1.1308 and 1.1218. The index of relative strength and moving averages suggest dominance of the bears, which puts 1.1150 as another target.
Apr 26, 2016 at 13:16
EUR/USD is up today reaching a high of 1.1319. Main trend in the short-term remains bullish with first resistance seen at 1.1338 and second resistance 1.1367. On the other hand, a decline would take the pair down to 1.1250 as first support zone.
Membre depuis Jul 10, 2014
posts 1117
Apr 26, 2016 at 16:39
EUR/USD reached 1.1340 as I thought it would yesterday, but it failed to break above it and bounced off that level. I think range will likely continue today and we will probably have to wait for the FOMC statement tomorrow for any further developments.
Apr 27, 2016 at 11:25
EUR/USD is trading slightly to unchanged in today's session. Current market price is 1.1312 with a high of 1.1333. First resistance on the short-term is seen at 1.1320. If bears manage to keep price under that level then we might see a drop to 1.12 which is seen as major short-term bear target.
Apr 27, 2016 at 15:33
The euro continued to add value against the dollar for a second consecutive session on Tuesday, rising nearly 30 pips to a closing price of 1.1295. Levels of 100-period average at 1.1339 limited additional growth of the pair, while the lowest point was reached at 1.1256. The relative strength index climbed in positive territory, contributing to positive attitudes. A break of yesterday's high will allow continuing growth.
Membre depuis Apr 08, 2014
posts 1141
Apr 27, 2016 at 17:12
Yesterday EURUSD rose with a wide range and closed in the middle of the daily range, however managed to close above previous day high, suggesting bullish momentum.
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 1.1284 (support), a daily support at 1.1237 and the 50-day moving average at 1.1219 (Support).
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 1.1284 (support), a daily support at 1.1237 and the 50-day moving average at 1.1219 (Support).
"I trade to make money not to be right."
Membre depuis Oct 11, 2013
posts 775
Apr 27, 2016 at 23:09
The EURUSD keeps making lower highs and lower lows on the daily chart, showing us that there is not enough bullish momentum at the moment.
Membre depuis Apr 08, 2014
posts 1141
Apr 28, 2016 at 07:21
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).
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."
Apr 28, 2016 at 08:26
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.
Apr 28, 2016 at 13:07
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.
Membre depuis Jul 10, 2014
posts 1117
Apr 28, 2016 at 15:15
(édité Apr 28, 2016 at 15:16)
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.
Membre depuis Apr 08, 2014
posts 1141
Apr 29, 2016 at 07:40
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.
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."
Membre depuis Jul 10, 2014
posts 1117
Apr 29, 2016 at 16:08
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
Membre depuis Oct 02, 2014
posts 909
Apr 30, 2016 at 15:05
Expecting a continuation of the upward move on the short-term.
Positivity
