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EUR/USD
Member Since Apr 08, 2014
1140 posts
Aug 16, 2018 at 12:09
On yesterday session, the EURUSD initial fell but found enough buying pressure to reverse and closed near the high of the day, however, managed to close within Tuesdays’ range, which suggests being slightly on the bullish side of neutral.
The currency pair is trading below the 10 and the 50 and the 200-day moving averages, all should provide a dynamic resistance.
The key levels to watch: a key level at 1.1684 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1473 (resistance), daily resistance at 1.1459, pennant projected target 1.1280 (support) and other daily support at 1.1236.
The currency pair is trading below the 10 and the 50 and the 200-day moving averages, all should provide a dynamic resistance.
The key levels to watch: a key level at 1.1684 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1473 (resistance), daily resistance at 1.1459, pennant projected target 1.1280 (support) and other daily support at 1.1236.
"I trade to make money not to be right."
Member Since Apr 08, 2014
1140 posts
Aug 17, 2018 at 09:06
On yesterday session, the EURUSD initially rallied but found enough selling pressure near Wednesday open to trim some of its gains and closed in the middle of the daily range, in addition, managed to close above Wednesday’s high, which suggests a bullish momentum.
The currency pair is trading below the 10 and the 50 and the 200-day moving averages, all should provide a dynamic resistance.
The key levels to watch: a key level at 1.1684 (resistance), a daily resistance at 1.1555, daily resistance at 1.1459, the 10-day moving average at 1.1440 (resistance), pennant projected target 1.1280 (support) and other daily support at 1.1236.
The currency pair is trading below the 10 and the 50 and the 200-day moving averages, all should provide a dynamic resistance.
The key levels to watch: a key level at 1.1684 (resistance), a daily resistance at 1.1555, daily resistance at 1.1459, the 10-day moving average at 1.1440 (resistance), pennant projected target 1.1280 (support) and other daily support at 1.1236.
"I trade to make money not to be right."
Member Since Apr 06, 2018
242 posts
Aug 19, 2018 at 07:09
I am waiting for volatility and ready to sell EURUSD below 1.1347 if the price hit within a few hours with 60pips trailing stop-loss.
The market will trade through it’s path of least resistance .
Member Since Apr 06, 2018
242 posts
Aug 19, 2018 at 09:52
LongVision posted:
I am waiting for volatility and ready to sell EURUSD below 1.1347 if the price hit within a few hours with 60pips trailing stop-loss.
Why my comment is approved after 2 days of posting I really don't understand it.This is useless that my opinion about trading EURSD approved after such a long time.
The market will trade through it’s path of least resistance .
Member Since Oct 02, 2014
905 posts
Aug 20, 2018 at 11:55
Below 1.13 it will most likely reach a double bottom from June 2017 at 1.1115.
Positivity
Member Since Jul 10, 2014
1114 posts
Aug 23, 2018 at 17:06
It bounced off from 1.1620 and it is likely retracing back towards 1.1510, which is the (MA)89 indicator on the four-hour time-frame.
Aug 24, 2018 at 14:21
The EUR/USD continued its inertia yesterday, reaching a peak at 1.1622, but traded lower during the Asian session, hitting 1.1542. Expectations are neutral, probably with slight downside signals for testing the support at 1.1500. Overall, the price is still in the upward correction phase, but the 1.1570 - 1.1630 remains a good place for short positions with narrow stops above 1.1630. Downwards, a clear breakthrough of at least 1.1500 is required for a potential end of the current bullish correction phase and for keeping the main bearish trend in place.
Member Since Oct 02, 2014
905 posts
Aug 27, 2018 at 13:16
I'll be looking to sell at 1.1790, it looks like a good opportunity with a tight stop.
Positivity
Member Since Jul 10, 2014
1114 posts
Aug 29, 2018 at 17:57
The pair found some resistance at 1.1700 and it has also formed a shooting star candlestick on the daily time-frame at that level, so it may bounce off from it.
Member Since Aug 30, 2018
6 posts
Aug 30, 2018 at 11:40
I think it will go more negative because of Trump policy. Of course it is all by reason
Member Since Jul 10, 2014
1114 posts
Aug 30, 2018 at 15:50
The pair did bounce off from 1.1700 and is currently retracing, next target is likely at 1.1600.
