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EUR/USD

csc2009
Dec 04 2016 at 23:30
834 messages
Big bearish gap no sign of recover, Italy referendum is taking control. Eur/Usd is testing key support zone 1.0500/10, below it parity is not far off.

snapdragon1970 (snapdragon1970)
Dec 04 2016 at 23:33
1944 messages
csc2009 posted:
Big bearish gap no sign of recover, Italy referendum is taking control. Eur/Usd is testing key support zone 1.0500/10, below it parity is not far off.

Time for the EU to pull some of those levers.

"They mistook leverage with genius".
FXWES
Dec 05 2016 at 06:14
675 messages
The EUR/USD pair slupmed sharply after the negative Intalian vote. The pair tested the 1.05, a level that has not been visited since March 2015. RSI is placed at negative territory, the stochastic is showing strong bearish momentum. Current market price is 1.0573. Resistance is seen at 1.0605 while support is located at 1.0507.

rosentray
Dec 05 2016 at 07:31
277 messages
EUR/USD reached a 20-month low today as the Italian referendum returned a 'No' vote. Prime minister Matteo Renzi said he will hand in his resignation tomorrow. The EUR/USD reached a low of 1.0505 and is now trading at 1.0595.

uzoma (uzoma)
Dec 05 2016 at 07:55
5 messages
EURUSD is going back to 1.2800, but 1.1100 first.

GBPUSD is 1.3200

victoriajensen
Dec 05 2016 at 14:07
1117 messages
csc2009 posted:
Big bearish gap no sign of recover, Italy referendum is taking control. Eur/Usd is testing key support zone 1.0500/10, below it parity is not far off.


 The pair recovered the gap but it looks like there will be a new move to the downside. It has formed several shooting star candlesticks on the thirty-minute time-frame below the resistance at 1.0730.

FXWES
Dec 06 2016 at 06:29
675 messages
The single currency marked steady growth on Monday amid the negative result on the Italian referendum and the positive data on retail sales in the eurozone. The euro added 116 pips to 1.0763 and reached highest level at 1.0795. 1.0505 acted as support which technically led the EUR/USD pair to third consecutive day of increase. Bulls are now encouraged and next target appears to be 1.0820.

rosentray
Dec 06 2016 at 07:03
277 messages
The euro has strengthened against its counterparts as yesterday's referendum turns out to be favoring the common currency. EUR/USD is now above 1.0750 and it looks like it is bound to go higher. In light of this, Gold price is falling, and the divergence between both is not a good indicator as they usually go in the same direction.

BaldoN (BaldoN)
Dec 06 2016 at 07:18
522 messages
Well noble funds that was bold. It might go as you say but the Euro is in bad shape it might take a long time its never been one way road. The GBP has better chances though i might agree with that one . Still it could take some time as we are still in a strong bearish market so the corrections to the downside would be massive.

victoriajensen
Dec 06 2016 at 12:42
1117 messages
EUR/USD reached the resistance at 1.0800 and began consolidating sideways. Currently there are several candlesticks on the four-hour time-frame that indicate an impending move to the downside, namely a shooting star, a doji and a spinning top, and if that signal is valid the pair will likely reach the support at 1.0682, which coincides with the (MA)89 indicator on the same time-frame.

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