idimitrov's Posts - Page 9

EUR/USD in Experienced Traders Apr 16, 2017 at 13:00

The euro fell against the US dollar on Friday. By the close of US trading, EUR/USD was trading at 1.0612, losing 0.04%. I believe that support is now at around 1.0568, Monday's low, and resistance is likely at 1.0679, Thursday's high.

USD/JPY in Experienced Traders Apr 16, 2017 at 12:18

The US dollar was down against the Japanese yen on Friday. By the close of US trading, USD/JPY was trading at 108.65, losing 0.40%. I believe that support is now at around 108.55, the low of Friday's trading, and the resistance is likely at 111.58, Monday's high.

EUR/USD in Experienced Traders Apr 08, 2017 at 12:51

The euro fell against the US dollar on Friday. By the close of US trading, EUR/USD was trading at 1.0591, losing 0.50%. I believe that support is now at 1.0581, the low of Friday's trading, and the resistance is likely at 1.0690 - the maximum of the Wednesday's trading.

GBP/USD daily outlook in Experienced Traders Apr 08, 2017 at 12:46

The British pound was down against the US dollar on Friday. By the close of US trading, GBP/USD was trading at 1.2367, losing 0.82%. I believe that support is now at 1.2367, the low of Friday's trading, and the resistance is likely at 1.2556, Monday's high.

USD/JPY in Experienced Traders Apr 08, 2017 at 12:42

The US dollar was up against the Japanese yen on Friday. By the close of US trading, USD/JPY was trading at 111.10, adding 0.26%. I believe that support is now at around 110.13, the low of Friday's trading, and the resistance is likely at 111.61, Monday's high.

USD/JPY in Experienced Traders Mar 31, 2017 at 22:12

The US dollar was down against the Japanese yen on Friday. By the close of US trading, USD/JPY is trading at 111.40, losing 0.47%. I believe that support is now at around 110.09, Monday's low, and resistance is likely to come in at 112.20, the high of today's trading.

GBP/USD daily outlook in Experienced Traders Mar 31, 2017 at 21:54

The British pound was up against the US dollar on Friday. By the close of the US trading, GBP/USD is trading at 1.2550, gaining 0.65%. I believe that support is now at 1.2375, the minimum of Wednesday, and the resistance is likely to come in at 1.2618, the maximum of Monday.

EUR/USD in Experienced Traders Mar 31, 2017 at 21:47

The euro fell against the US dollar on Friday. By the close of US trading, EUR/USD was trading at 1,0655, losing 0.20%. I believe that support is now at around 1,0652, the low of today's trading, and resistance is likely to come in at 1,0905, Monday's high.

USD/JPY in Experienced Traders Mar 31, 2017 at 16:44

Dollar/yen had a bullish momentum yesterday, topped at 111.94 and hit 112.19 earlier this morning. The bias remains for up to test 112.85 as part of the bullish scenario hammer formation. Immediate support is near 111.30. A clear break below could bring price to neutral trade zone.

GBP/USD daily outlook in Experienced Traders Mar 31, 2017 at 16:40

Pound/Dollar tried to lift up in the end of the week, topped at 1.2539. Overall price is still in the downward phase after break below the bullish price channel, but has not yet managed to stay convincingly below EMA 200 and moves in the minor ascending channel. The outlook is neutral for now, perhaps with slight bullish signals for testing 1.2550. The nearest support is at 1.2475. A clear break below that area could trigger further downside pressure testing a key support 1.2375, which needs to be clearly pierced down for the continuation of the bearish scenario.

EUR/USD in Experienced Traders Mar 31, 2017 at 16:36

EUR/USD: The trade signals remain down to test 1.0600. On the charts we have a bullish divergence indicator CCI, suggesting bullish correction especially if price would be able to make a clear break above 1.0700 to test 1.0750 - 1.0785. But as long as price holds above 200 EMA, I prefer a bearish scenario at this phase and any upward pressure should be seen as a good opportunity for short positions.

USD/JPY in Experienced Traders Mar 23, 2017 at 09:38

The yen continues to surprise the dollar. For the seventh consecutive day the Japanese yen performs better than the greenback. During the last session the dollar lost another 52 pips from its account. Early in the morning one dollar traded for 111.78 yen, and within minutes there was registered daily high at 111.79 yen per dollar. There was a long and convincing decline and after breaking the first support level at 111.20, bears took its bottom at exchange rate of 110.73. Bulls found the strength to return the rate to the level of 111.26.

GBP/USD daily outlook in Experienced Traders Mar 23, 2017 at 09:36

GBP/USD registered a volatile session on Wednesday. The pound has won 6 pips to an asset. The opening rate was 1.2473 and during the day there were numerous fluctuations in the currency pair. In the first hours of the new day, there was a slight majority of the bulls and they successfully took a peak at a level of 1.2505. There was awakening in bearish players and consequently the course reached the bottom at a rate of 1.2423 or just 3 pips from the first support. Eventually a British pound was worth 1.2479 against the US dollar.

EUR/USD in Experienced Traders Mar 23, 2017 at 09:33

The euro gave a breather to dollar. During the last day the dollar was down 14 pips from the asset of the single currency. The dollar was very hesitant and after numerous punctures of the support level at 1.0800, it managed to close the session at exchange rate of 1.0792 dollars per euro. The opening rate for the day was 1.0806. Shortly before lunch, bears took their bottom level of 1.0792. The answer to the Bulls was not too late and they recorded a high of 1.0824.

USD/JPY in Experienced Traders Mar 22, 2017 at 16:01

Dollar/yen had a bearish momentum yesterday, bottomed at 111.53 and hit 111.42 earlier this morning. The outlook remains bearish, but note that the zone 111.50/30 is key support and a good place for a long position with tight stop loss. Purchases around this area will give a better price and risk/return. Immediate resistance is 112.30/50, whose breakthrough could lead price to neutral zone for testing 113.00 or higher. On the downside, a clear break and daily close below 111.30 would reactivate the bearish pattern as part of the scenario of the double top (118.60).

GBP/USD daily outlook in Experienced Traders Mar 22, 2017 at 15:57

Pound/dollar had a bullish momentum yesterday, formed a peak of 1.2493. Commercial bias remains bullish for now to test 1.2570 as part of the bullish scenario after the rebound of a triple bottom near 1.2135/08. Intraday support at 1.2440 is seen. A clear break below that could bring price to neutral zone for testing 1.2390. The longer, however, the price holds above 1.2300, I prefer bullish scenario at this stage, and any downside pullback should be seen as a good opportunity to buy.

EUR/USD in Experienced Traders Mar 22, 2017 at 15:47

Euro/dollar made a move upwards yesterday to peak at 1.0819. The bias remains bullish in nearest term for testing the region 1.0830 - 1.0873, which is a good place for a short position with tight stop loss. Immediate support is seen at 1.0760. A clear break below that area could lead price to neutral trading zone for testing 1.0700. On the upside, a clear break and daily close above 1.0873 will open the door up to 1.0950 - 1.1000.

USD/JPY in Experienced Traders Mar 19, 2017 at 09:12

I think that USD / JPY has found a new corridor between 114.50 and 112, and it will try to break lower sooner than to break above.

USD/JPY in Experienced Traders Mar 19, 2017 at 09:09

The US dollar was down against the Japanese yen on Friday. By the close of US trading, USD / JPY is trading at 112.69, losing 0.55%. I believe that support is now at 112.56, the low of Friday's trading, and the resistance is likely at 115.20 - Tuesday's high.

GBP/USD daily outlook in Experienced Traders Mar 19, 2017 at 09:02

Last week's strengthening of the pound led the GBP / USD to 1.2400, which is just slightly below the simple moving averages for 50 and 100 days. The gain may slow next week, but if GBP / USD breaks above 1.2400 on Monday, it may reach 1.25.

EURUSD	1.13152	GBPUSD	1.33106	AUDUSD	0.64197
USDJPY	145.22	USDCAD	1.3815	USDCHF	0.8283

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