EUR/USD

victoriajensen posted:
 EUR/USD is very bearish after yesterday's fundamentals. It's testing the support at 1.0520 and if it breaks out below that level it will likely continue falling towards 1.0400 at least, especially if it breaks out below 1.0493 too.

It was not what I expected for this month's start, in fact I thought the trend would be bullish yesterday morning. Everything changed.

On yesterday session, the EURUSD initially fell but found enough buying pressure at 1.0527 to trim some of its losses but closed in the red, in the middle of the daily range, in addition closed below Tuesday’s low, which suggests a bearish momentum.

The currency pair continues to trade below the 10, 50 and 200-day moving averages all should act as dynamic resistances.

The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, the 50-day moving average at 1.0638 (resistance), a daily resistance at 1.0622, the 10-day moving average at 1.0574 (resistance) a daily support at 1.0527 and other daily support at 1.0462.

EUR/USD is again depreciated and going towards 1.05 level. If that level is breached, major bear target is seen at 1.0340 and immediate support at 1.0480.

At the moment the Eur/Usd losing 0.20% at 1.0526 and a breach of 1.0522 (low Mar.2) would open the door to 1.0492 (low Feb.22) and finally 1.0452 (low Jan.11). On the flip side, the next hurdle lines up at 1.0594 (55-day sma) followed by 1.0619 (20-day sma) and then 1.0632 (high Feb.28).

Another banker dead, many more to go soon . . .

https://nypost.com/2017/03/01/depressed-financial-exec-jumps-to-his-death/
https://www.dailymail.co.uk/news/article-4272778/Hedge-fund-executive-commits-suicide-jumping-apt.html

Cryptocurrency posted:
Another banker dead, many more to go soon . . .

https://nypost.com/2017/03/01/depressed-financial-exec-jumps-to-his-death/
https://www.dailymail.co.uk/news/article-4272778/Hedge-fund-executive-commits-suicide-jumping-apt.html

Sad, especially since he left a family behind.

But I don't think he jumped because of a weak Euro.

Apparently, people are betting U.S. employment will increase because of Trump.

Hi O'Neill, i think that in march, we'll see before a retsst at 1,04 and then, after few days from 15/3 perhaps, a big long still 1,10, Mr. T needs of a weak usd for his politics

I think its all over this rally now i place a order for long for first ressistant 1.05810

The short-term outlook for EUR/USD is remains bearish. The pair broke below 1.0520 support line and next leg to downside will come with testing the key level at 1.0500.

I'm Long Eur/Usd 04979 , looking to pick up 100 points .

Bulls appear to have lost strength and the EUR/USD pair tested the multi-week low at 1.0495. Slight recovery is seen this morning and the current market price is 1.0523. Immediate resistance is located at 1.0530 and in case of breaking it, further recovery would be possible towards 1.0550 area.

On yesterday session, the EURUSD fell with a narrow range and closed near the low of the day, in addition the currency pair managed to close below Thursday low, which suggests a strong bearish momentum.

The currency pair continues to trade below the 10, 50 and 200-day moving averages all should act as dynamic resistances.

The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, the 50-day moving average at 1.0637 (resistance), a daily resistance at 1.0622, the 10-day moving average at 1.0562 (resistance) a daily support at 1.0527 and other daily support at 1.0462.

EUR/USD is trading relatively unchanged today gravitating towards 1.0520 in anticipation of the latest ISM Non-Manufacturing Composite data scheduled for later today. Another important market mover will be FED Chair Yellen's speech on the Economic Outlook.

EUR/USD finally bounced off from 1.0493 today after forming several doji candlesticks on the four-hour time-frame above that support as well as a double bottom. The pair is still moving to the upside and it will likely reach at least 1.0600.

The dollar changed unsignificantly near a seven-week high against other major currencies. Traders are taking profits after the recent rise of the dollar. The dollar has a growing against the probability of a US interest rate hike this month.
EUR/USD rose by 0.15% to 1.0550, moving away from the previous session week low at 1.0492.

On Friday, the dollar fell against other major currencies. Traders continued to take profits after a recent rise in price of the dollar to a maximum of seven weeks. However, the depreciation of the dollar is limited because of the increasing likelihood of higher interest rates in the US this month. EUR/USD rose by 0.48% and closed the week at 1.0621.

Key levels to watch for:

Support: 1.0470; 1.0380; 1.0550;
Resistance: 1.0660; 1.0800;

The Euro got a breath a fresh air on Friday, but i think the US domination will continue in the short-term.