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Mar 06 2016 at 18:23
posts 708
The euro broke a five-day losing streak against the US dollar and rose on Friday despite good data on US inflation.
The currency pair EUR/USD ended the week at 1.1129, raising on Friday with 0.22 percent, and since the beginning of the year the euro has risen nearly 2.5 percent against the green money. Data from the day showed that consumer confidence in the Eurozone declined for the past month.

Hugo ONeill (honeill)
Mar 07 2016 at 09:42
posts 1141
On the last Friday’s session the EURUSD initially fell but found enough buying pressure at 1.0900 daily support to reverse and close near the high of the day, in addition managed to close above the previous day high, suggesting a strong bullish momentum.

The pair is trading above the 10, 50-day moving averages that are acting now as dynamic support however the pair did not had the strength to close above the 200 day moving average.

The key levels to watch are: A daily resistance at 1.1236, other daily resistance at 1.1097, the 200-day moving average at 1.1019 (resistance), 50-day moving average at 1.0993 (support), the 10-day moving average at 1.0947 (support) and a daily support at 1.0900.

"I trade to make money not to be right."
Mar 07 2016 at 09:44
posts 708
Support: 1.0892; 1.0822;
Resistance: 1.1066; 1.1119.

Mar 07 2016 at 09:48
posts 708
The dollar fell against most major currencies despite strong employment data in non-agricultural sectors of the US. February new jobs are 242 000. The preliminary estimates of economists was for 198 000. The unemployment rate remain unchanged at 4.9%.

Mar 07 2016 at 17:49
posts 413
The EUR/USD is in it's way to the next resistance at 1.1033 today, so stay tune gents.

Mar 07 2016 at 17:50
posts 83
1.10375 (for 5 digit brokers)

Mar 07 2016 at 17:53
posts 325
Brainard and Fischer might cause some movement. Euro last couple of hours are a bit of a risk off.

Mar 07 2016 at 18:24
posts 708
From Goldman Sachs believe that monetary-credit policy will again become the dominant factor in determining the exchange rates, rather than risk appetite. Against this background, the analysts retained its annual forecast for EUR/USD of 0.9500.

Mar 07 2016 at 18:30
posts 454
EUR/USD is testing resistance level 1.1000, I wont be opening a position till I get a confirmation with the close of the day.

Mar 07 2016 at 18:37
posts 1117
EUR/USD broke above 1.1000 again and I think we can expect a further move to the upside towards 1.1060.

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