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EUR/USD
Anggota Sejak Jul 10, 2014
1117 pos
Anggota Sejak Oct 11, 2013
775 pos
Nov 23, 2015 at 08:07
Anggota Sejak May 01, 2015
675 pos
The euro recorded a decline against the dollar on Friday. The single currency completely lost the lead from the previous session and thus the pair moved to the support at 1.0613. Considering that short-term indicators are still in favor of the dollar, the probability to break the key level remains high. The session on Friday started at 1.0732 as from the beginning the bearish trend was leading . Bottom of the day was hit at 1.0640, and the session ended with only 4 pips higher.
Nov 23, 2015 at 08:31
Anggota Sejak Apr 08, 2014
1141 pos
On Friday session the EURUSD plunged with a narrow range and closed in the red near the low of the day.
The pair failed for the 2nd time to close above the 10-day moving average and continues to consolidate in a tight range from 1.0620 up to 1.0755. A close outside these ranges would suggest the beginning of a new trend.
The key levels to watch are the 1.0819 (resistance), a Fibonacci extension at 1.0703 (resistance), the 10-day moving average at 1.0695 (resistance), 1.0622 (Support), and 1.0462 (support).
The pair failed for the 2nd time to close above the 10-day moving average and continues to consolidate in a tight range from 1.0620 up to 1.0755. A close outside these ranges would suggest the beginning of a new trend.
The key levels to watch are the 1.0819 (resistance), a Fibonacci extension at 1.0703 (resistance), the 10-day moving average at 1.0695 (resistance), 1.0622 (Support), and 1.0462 (support).
"I trade to make money not to be right."
Anggota Sejak Jun 08, 2014
454 pos
Anggota Sejak Jul 10, 2014
1117 pos
Anggota Sejak Oct 11, 2013
775 pos
Anggota Sejak Sep 12, 2015
1948 pos
Anggota Sejak Sep 12, 2015
1948 pos
Nov 24, 2015 at 10:10
Anggota Sejak Apr 08, 2014
1141 pos
Yesterday the EURUSD initially fell but found enough support at 1.0622 to turn around although closed in the red but near the high of the day, suggesting a pullback for today.
The 10-day moving average continues to push the currency down acting as a strong resistance.
The key levels to watch are the 1.0819 (resistance), a Fibonacci extension at 1.0703 (resistance), the 10-day moving average at 1.0679 (resistance), 1.0622 (Support), and 1.0462 (support).
The 10-day moving average continues to push the currency down acting as a strong resistance.
The key levels to watch are the 1.0819 (resistance), a Fibonacci extension at 1.0703 (resistance), the 10-day moving average at 1.0679 (resistance), 1.0622 (Support), and 1.0462 (support).
"I trade to make money not to be right."
Nov 24, 2015 at 10:29
Anggota Sejak May 01, 2015
675 pos
The single currency recorded a dynamic session against the dollar on Monday. The pair remained at the lower levels reached last week, but thanks to volatile trading all the time, support at 1.0613 was broken. Currencies, however finished above the key level and short-term expectations are in favor of the euro. Monday session started at a price of 1.0638 finished 3 pips below. The difference between the lowest and highest value for the day was 63 pips.
Anggota Sejak Jun 08, 2014
454 pos
Nov 24, 2015 at 15:18
Anggota Sejak Apr 09, 2014
834 pos
sherifFares posted:
Yesterday on daily chart market made a doji, today EUR/USD is trading around the opening price most probably a second Doji is going to be formed. the market is waiting for the FED meeting before any big movement.
I agree, the pair is back to range between 1.0620-1.0690 before the next big change.
Anggota Sejak Jul 10, 2014
1117 pos
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