EUR/USD
Biedrs kopš
1141 ieraksti
May 24, 2016 at 07:26
Yesterday EURUSD went back and forward without any clear direction bur managed to close in the green, the middle of the daily range and closed within Fridays range, being clearly neutral, neither side is showing control.
The pair is trading below the 10 and the 50-day moving averages that are acting as dynamic resistances although still trading above the 200-day moving average that is acting as a dynamic support.
The key levels to watch are: The 50-day moving average at 1.1335 (resistance), the 10-day moving average at 1.1268 (resistance), a daily resistance at 1.1237, a swing low at 1.1141 (support) and a daily support at 1.1097.
The pair is trading below the 10 and the 50-day moving averages that are acting as dynamic resistances although still trading above the 200-day moving average that is acting as a dynamic support.
The key levels to watch are: The 50-day moving average at 1.1335 (resistance), the 10-day moving average at 1.1268 (resistance), a daily resistance at 1.1237, a swing low at 1.1141 (support) and a daily support at 1.1097.
"I trade to make money not to be right."
Biedrs kopš
675 ieraksti
May 24, 2016 at 07:56
On Monday, the euro was slightly elevated gainst the US dollar, but after a volatile session, added only 11 pips. The graphics continue to develop under moving averages, while the index of relative strength remained in neutral territory. Still the sentiment is bearish and we may expect test of the support at 1.1100.
Biedrs kopš
708 ieraksti
May 24, 2016 at 08:51
Key levels to watch for:
Support: 1.1100;
Resistance: 1.1286; 1.1450; 1.1630.
Support: 1.1100;
Resistance: 1.1286; 1.1450; 1.1630.
Biedrs kopš
708 ieraksti
May 24, 2016 at 08:57
(labots May 24, 2016 at 08:59)
The Federal Reserve is likely to raise interest rates two or three times this year, said one of the senior officials of the Federal Reserve on Monday, reinforcing expectations of tighter monetary policy of the central bank against the backdrop of the US economic recovery after the winter brake.
Biedrs kopš
421 ieraksti
May 24, 2016 at 09:54
Citigroup: Deja vu for EUR/USD hints to drop to 1.0450.
Biedrs kopš
277 ieraksti
May 24, 2016 at 10:19
The EUR/USD is trading lower today after a few days of consolidation around 1.12. Price is currently 1.1183 with a low of the day of 1.1168. First support is seen at 1.1150.
Biedrs kopš
421 ieraksti
May 24, 2016 at 14:09
On Tuesday, the dollar rose to two-month highs against other major currencies as expectations of Fed rate's raise in June continued to drive demand for the US currency. The EUR/USD fell by 0.34% to a fresh two-month low 1.1182.
Biedrs kopš
1117 ieraksti
May 24, 2016 at 15:40
EUR/USD broke below the support at 1.1160. The move to the downside continues and its next immediate target is 1.1100.
Biedrs kopš
675 ieraksti
May 24, 2016 at 20:19
EUR/USD dragged down to 1.1144, 0.67% weaker today. Intraday high was marked at 1.227 and low at 1.1132, rolling away from this week highs.
Biedrs kopš
675 ieraksti
May 25, 2016 at 06:53
The single currency resumed its decline against the US dollar on Tuesday. The euro lost 80 pips at a closing price of 1.1139. The price is heading towards the 1.11 mark, which is acting as a support. Resistance is seen at 1.357.
Biedrs kopš
1141 ieraksti
May 25, 2016 at 08:26
Yesterday EURUSD fell with a wide range and closed near the low of the day also managing to close below the previous day range, suggesting a strong bearish momentum.
The pair is trading below the 10 and the 50-day moving averages that are acting as dynamic resistances although still trading above the 200-day moving average that is acting as a dynamic support.
The key levels to watch are: The 50-day moving average at 1.1335 (resistance), the 10-day moving average at 1.1244 (resistance), a daily resistance at 1.1237, a swing low at 1.1141 (support) and a daily support at 1.1097.
The pair is trading below the 10 and the 50-day moving averages that are acting as dynamic resistances although still trading above the 200-day moving average that is acting as a dynamic support.
The key levels to watch are: The 50-day moving average at 1.1335 (resistance), the 10-day moving average at 1.1244 (resistance), a daily resistance at 1.1237, a swing low at 1.1141 (support) and a daily support at 1.1097.
"I trade to make money not to be right."
Biedrs kopš
708 ieraksti
May 25, 2016 at 08:41
Euro/dollar was moving lower yesterday, bottomed at 1.1132. The price closed below the 200 EMA, suggesting a potential bearish view. Trading signals remain bearish for testing the lower line of the bullish channel, localized around 1.1100 - 1.1050, which is the key support at this stage. A clear break below the bullish channel could give us another confirmation of the continuation of the bearish scenario testing 1.0800. Immediate resistance is seen at 1.1180, whose breakthrough could lead price to neutral zone testing 1.1225 - 1.1275.
Biedrs kopš
708 ieraksti
May 25, 2016 at 08:54
Key levels to watch for:
Support: 1.1100;
Resistance: 1.1286; 1.1450; 1.1630.
Support: 1.1100;
Resistance: 1.1286; 1.1450; 1.1630.
Pielikumi
Biedrs kopš
1 ieraksti
May 25, 2016 at 11:59
The EURUSD may be headed for support at around 1.107 today.
Biedrs kopš
421 ieraksti
May 25, 2016 at 12:01
On Tuesday, the US dollar registered an increase against most of its major rivals after hopes of market participants to increase interest rates in the US have strengthened. EUR/USD dropped to its lowest levels in nearly a month, as the last trading session the currency pair traded in a range from 1.1226 to 1.1132, ending the day at 1.1140.
Biedrs kopš
421 ieraksti
May 25, 2016 at 14:41
On Wednesday, the dollar is stable at two-month highs against other major currencies as expectations the US base rate rise in June, continues to provide significant support to the US currency. Demand for the dollar remains after US data on Tuesday that showed that the sale of real estate in the primary market rose in April to its highest level since early 2008. The EUR/USD gained 0.12% to 1.1153, retreating from a two-month lows the previous session of 1.1132. The euro strengthened after Greece reached an agreement with its creditors and unlock a new tranche of bailout funds in the amount of € 10 billion, reducing the pressure on debt burden and easing concerns over the eurozone debt crisis.
Biedrs kopš
708 ieraksti
May 25, 2016 at 15:39
The euro/dollar is calm after yesterday's sales. On Wednesday, there aren't much news, almost no comments, and the market is resting before the next wave of volatility. The main trades in the euro/dollar go around the 1.1150 mark, as in the morning.
Biedrs kopš
1117 ieraksti
May 25, 2016 at 16:42
EUR/USD is consolidating between 1.1150 and 1.1120, it's almost impossible to trade it unless you're scalping. I hope Janet Yellen's speech on Friday will end the range.
Biedrs kopš
675 ieraksti
May 25, 2016 at 18:32
deresel posted:The German Ifo upbeat couldn’t push euro higher. The battle for conquering 1.1250 most probably will lead to backtrack and persuit of 1.1100 (200-day MA)
The euro/dollar is calm after yesterday's sales. On Wednesday, there aren't much news, almost no comments, and the market is resting before the next wave of volatility. The main trades in the euro/dollar go around the 1.1150 mark, as in the morning.
Biedrs kopš
277 ieraksti
May 25, 2016 at 20:01
EUR/USD lost a bit more today due to continued selling pressure the Dollar bulls, who managed to push the price to 1.1130 but then the pair was able to climb to a current price of 1.1160.
