honeill's Posts - Page 34

EUR/USD in Experienced Traders Apr 08, 2016 at 07:56

Yesterday EURUSD tried to rally but found enough resistance to turn around, giving back to the market all its gains and closed near the low of the day, however managed to close within the previous day range, suggesting a weak bearish momentum.The pair is trading above the 10, 50 and the 200-day moving averages that are acting as dynamic supports.This week the pair consolidated its gains and is having a tough time in pushing upward. So if you’re experienced a lot of losses this week try not get emotional affected because this week the pair has been extremely difficult to trade, let&rsquo...

EUR/USD in Experienced Traders Apr 07, 2016 at 07:51

Yesterday EURUSD went back and forward without any clear direction again with a wide range, creating an outside day and closed in the middle of the daily range, in addition managed to close within the previous day range, suggesting lack of momentum plus indecision among the traders.The pair is trading above the 10, 50 and the 200-day moving averages that are acting as dynamic supports.The key levels to watch are: A daily resistance at 1.1555, other daily resistance at 1.1456, the 10-day moving average at 1.1357 (support), the previous swing high at 1.1342 (support) and daily support at 1.1237...

EUR/USD in Experienced Traders Apr 06, 2016 at 07:38

Yesterday EURUSD went back and forward without any clear direction again but this time with a wide range and closed in the middle of the daily range, in addition managed to close within the previous day range, suggesting lack of momentum plus indecision among the traders.The pair is trading above the 10, 50 and the 200-day moving averages that are acting as dynamic supports.This lack of momentum is not strange with traders looking for some clues and guidance from the FOMC meeting minutes later today.The key levels to watch are: A daily resistance at 1.1555, other daily resistance at 1.1456, t...

EUR/USD in Experienced Traders Apr 05, 2016 at 08:13

Yesterday EURUSD went back and forward without any clear direction with a narrow range, creating an inside day and closed in the middle of the daily range, in addition managed to close within the previous day range, suggesting lack of momentum plus indecision among the traders.The pair is trading above the 10, 50 and the 200-day moving averages that are acting as dynamic supports.The key levels to watch are: A daily resistance at 1.1555, other daily resistance at 1.1456, the previous swing high at 1.1342 (support), the 10-day moving average at 1.1305 (support), and daily support at 1.1237.

EUR/USD in Experienced Traders Apr 04, 2016 at 07:44

On the last Friday’s session the EURUSD went back and forward without any clear direction although with a wide range and closed in the middle of the daily range, in addition closed within the previous day range, suggesting lack momentum and indecision among investors.The pair is trading above the 10, 50 and the 200-day moving averages that are acting as dynamic supports.On Friday the non-farm payrolls came out better than expected at 215K however the unemployment rate came out at 5.0% showing a rise of 0.1%.The key levels to watch are: A daily resistance at 1.1555, other daily resistanc...

EUR/USD in Experienced Traders Apr 01, 2016 at 08:13

Yesterday EURUSD rallied again but this time with a wide range and closed 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 and the 200-day moving averages that are acting as dynamic supports.Today is a BIG day, non-farm payrolls day which will bring a lot of volatility to the market however we might see a strong pullback due to the strong rally from these past few days. The key levels to watch are: A daily resistance at 1.1555, other daily resistance at 1.1456, the previous swing high ...

EUR/USD in Experienced Traders Mar 31, 2016 at 08:11

Yesterday EURUSD rallied but this time with a narrow range and closed in the middle of the daily range, however managed to close above the previous day high, suggesting bullish momentum.The pair is trading above the 10, 50 and the 200-day moving averages that are acting as dynamic supports.The key levels to watch are: A daily resistance at 1.1456, the 2016 high at 1.1376 (resistance), the previous swing high at 1.1342 (resistance), a daily support at 1.1237, the 10-day moving average at 1.1230 (support) and the 50 day moving average at 1.1130.

EUR/USD in Experienced Traders Mar 30, 2016 at 08:33

Yesterday EURUSD rallied with a wide range and closed near the high of the day, in addition managed to close above the previous day high, suggesting a strong bullish momentum.The pair closed well above the 10-day moving average also is above the 50 and the 200-day moving averages that are acting as dynamic support.The recent EURUSD rally is in speculation that the Fed will not raise rates in April but all can change on Friday as the US prepares to release the non-farm payrolls numbers.The key levels to watch are: A daily resistance at 1.1456, the 2016 high at 1.1376 (resistance), the previous...

EUR/USD in Experienced Traders Mar 29, 2016 at 08:09

Yesterday EURUSD rose with a wide range and closed near the high of the day, in addition managed to close above the previous day high, suggesting a strong bullish momentum.However the pair did not had the strength to close above the 10-day moving average that is acting as a dynamic resistance, however is still above the 50 and the 200-day moving averages that are acting as dynamic support.The key levels to watch are: The previous swing high at 1.1342 (resistance), a daily resistance at 1.1237, the 10-day moving average at 1.1205 (resistance), the 50 day moving average at 1.1110 and daily sup...

EUR/USD in Experienced Traders Mar 28, 2016 at 08:46

On the last Friday’s session the EURUSD fell but with a narrow range and closed near the low of the day, however closed within the previous day range, suggesting a weak bearish momentum.The pair is trading below the 10-day moving average that is acting as a dynamic resistance, however is still above the 50 and the 200-day moving averages that are acting as dynamic support.The key levels to watch are: The previous swing high at 1.1342 (resistance), a daily resistance at 1.1237, the 10-day moving average at 1.1215 (resistance), a daily support at 1.1097, and the 50 day moving average at 1...

EUR/USD in Experienced Traders Mar 25, 2016 at 08:34

Yesterday EURUSD initially but found enough support at 1.1143 a 38.2 Fib retracement, to reverse and close near the high of the day, however closed within the previous day range, suggesting a weak bullish momentum.The pair is trading below the 10-day moving average that should act as a dynamic resistance, however is still above the 50 and the 200-day moving averages that are acting as dynamic support.The key levels to watch are: The previous swing high at 1.1342 (resistance), a daily resistance at 1.1237, the 10-day moving average at 1.1216 (resistance), a daily support at 1.1097, and the 50 ...

EUR/USD in Experienced Traders Mar 24, 2016 at 09:51

Yesterday EURUSD fell again but this time with a narrow range and closed in the middle of the daily range, however managed to close below the previous day low, suggesting a bearish momentum.The pair closed below the 10-day moving average that now should act as a dynamic resistance, however is still above the 50 and the 200-day moving averages that are acting as dynamic support.The key levels to watch are: The previous swing high at 1.1342 (resistance), a daily resistance at 1.1237, the 10-day moving average at 1.1205 (resistance), a daily support at 1.1097, and the 50 day moving average at 1....

EUR/USD in Experienced Traders Mar 23, 2016 at 09:11

Yesterday EURUSD fell again but this time with a wide range and closed in the middle of the daily range, however managed to close below the previous day low, suggesting a bearish momentum.The pair still managed to close above the 10, 50 and the 200-day moving averages that are acting as dynamic support.A close below the 10-day moving average may suggest a deep correction down to 1.1097. The key levels to watch are: A daily resistance at 1.1556, other daily resistance at 1.1459, the year high at 1.1376 (resistance), a daily support at 1.1237, the 10-day moving average at 1.1205 (support) and a...

EUR/USD in Experienced Traders Mar 22, 2016 at 08:37

Yesterday EURUSD fell again but this time with a narrow range and closed near the low of the day, in addition managed to close below the previous day low, suggesting a strong bearish momentum.However the pair continues to trade above the 10, 50 and the 200-day moving averages that are acting as dynamic support.Today we may see a bounce off the 10-day moving average at 1.1201 after the two day correction that started on last Friday. The key levels to watch are: A daily resistance at 1.1556, other daily resistance at 1.1459, the year high at 1.1376 (resistance), a daily support at 1.1237, the 1...

EUR/USD in Experienced Traders Mar 21, 2016 at 08:46

On the last Friday’s session the EURUSD fell but with a narrow range and closed near the low of the day, however closed within the previous day range, suggesting a weak bearish momentum.The pair continues to trade above the 10, 50 and the 200-day moving averages that are acting as dynamic support.Today we may see another correction day with a potential test of the 1.1237 daily support or even down to 1.1218 previous swing high.The key levels to watch are: A daily resistance at 1.1556, other daily resistance at 1.1459, the year high at 1.1376 (resistance), a daily support at 1.1237, the ...

EUR/USD in Experienced Traders Mar 18, 2016 at 08:33

Yesterday EURUSD rose again but this time with a narrow range and closed near the high of the day, in addition managed to close above the previous day high, suggesting a strong bullish momentum.The pair continues to trade above the 10, 50 and the 200-day moving averages that are acting as dynamic support.Today we may see some sell as traders close some positions due to profit taking and not hold full positions over the weekend.The key levels to watch are: A daily resistance at 1.1556, other daily resistance at 1.1459, the year high at 1.1376 (resistance), a daily support at 1.1237, the 10-day...

EUR/USD in Experienced Traders Mar 17, 2016 at 08:48

Yesterday EURUSD rose with a wide range and closed near the high of the day, in addition managed to close above the previous day high also engulfing the previous four days suggesting a strong bullish momentum.The pair continues to trade above the 10, 50 and the 200-day moving averages that are acting as dynamic support.According to Janet Yellen the economic activity has been expanding at a moderate pace however lowered the GDP growth plus inflation estimates for this year and 2017.The key levels to watch are: A daily resistance at 1.1556, other daily resistance at 1.1459, the year high at 1.1...

EUR/USD in Experienced Traders Mar 16, 2016 at 09:06

Yesterday EURUSD went back and forward without any clear direction with a narrow range and closed in the middle of the daily range, however managed to close within the previous day range, suggesting lack momentum and indecision in the market.The pair is still trading above the 10, 50 and the 200-day moving averages that are acting as dynamic support.Today we will have the FOMC Economic projections and Fed interest rate decision that should bring a lot of volatility to the market. However the market is not expecting any interest rate hike for this month.The key levels to watch are: The year hi...

EUR/USD in Experienced Traders Mar 15, 2016 at 08:36

Yesterday EURUSD fell with a narrow range and closed near the low of the day, however managed to close within the Friday day range, suggesting a weak bearish momentum.The pair is still trading above the 10, 50 and the 200-day moving averages that are acting as dynamic support.The pair is retesting the 1.1097 daily support and if the price holds it could signal another leg up.The key levels to watch are: The year high at 1.1376 (resistance), a daily resistance at 1.1237, daily support at 1.1097, the 10-day moving average at 1.1072 (support), the 200-day moving average at 1.1027 (support) and t...

EUR/USD in Experienced Traders Mar 14, 2016 at 08:28

On the last Friday’s session the EURUSD initially fell but found enough buying pressure at 1.1097 daily support to reverse and closed in the middle of the daily range, in addition closed within the previous day range, suggesting lack of momentum and market indecision.The pair closed above the 10, 50 and the 200-day moving averages that are acting as dynamic support.The key levels to watch are: The year high at 1.1376 (resistance), a daily resistance at 1.1237, daily support at 1.1097, the 200-day moving average at 1.1024 (resistance), 50-day moving average at 1.1012 (resistance) and the...

EURUSD	1.13098	GBPUSD	1.3287	AUDUSD	0.64513
USDJPY	143.787	USDCAD	1.38305	USDCHF	0.82299

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