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EUR/USD
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eNyComics

Członek od May 29, 2014  36 postów Jean-Pierre P. Aznavour II (eNyComics) Feb 01 2017 at 07:54
The EURUSD is going down, it's bearish

"If you are makeing less than 500% a month you aren't doing it right!"
rosentray

Członek od Feb 24, 2016  277 postów rosentray Feb 01 2017 at 07:56
EUR/USD is trading relatively unchanged from yesterday's levels around 1.08. The pair might consolidate for the next few hours in expectation of the next market news that can hint a direction.

eNyComics

Członek od May 29, 2014  36 postów Jean-Pierre P. Aznavour II (eNyComics) Feb 01 2017 at 08:00
We are in the money

"If you are makeing less than 500% a month you aren't doing it right!"
honeill

Członek od Apr 08, 2014  1046 postów Hugo O'Neill (honeill) Feb 01 2017 at 09:23
On yesterday session, the EURUSD rallied with a wide range and closed near the high of the day, in addition the currency pair managed to close above the previous day high, which suggests a strong bullish momentum.

The currency pair is trading above the 50-day moving average and succeed in closing above the 10 day moving average that also should act as a dynamic support but remains trading below the 200-day moving average that should act as dynamic resistance.

The key levels to watch are: a daily resistance at 1.0819, the 10-day moving average at 1.0724 (support), a daily support at 1.0622, the 50-day moving average at 1.0583 (support) and a daily support at 1.0462.

"I trade to make money not to be right." |
BaldoN

Członek od Feb 12, 2016  517 postów Baldo (BaldoN) Feb 01 2017 at 11:05
EUR/USD - just consolidate above 1.0775 support. Most likely the way should be in favor of the EUR and over 1.08, but let's first leave the choppy.

victoriajensen

Członek od Jul 10, 2014  1037 postów victoriajensen Feb 01 2017 at 14:41
After moving to the upside yesterday the pair found some resistance at 1.0810, formed a double top at that level, as well as a hanging man candlestick on the one-hour time-frame, and started dropping. The closest target is likely at 1.0740, which is the (MA)89 indicator on the same time-frame.

alexforex007

Członek od Oct 11, 2013  664 postów alexforex007 Feb 02 2017 at 02:10
The EURUSD keeps its bullish channel, but now it needs to break above the 1.0800 level in order for the trend to continue, otherwise, it may try to pullback to the 1.0700 level.

honeill

Członek od Apr 08, 2014  1046 postów Hugo O'Neill (honeill) Feb 02 2017 at 09:44
On yesterday session, the EURUSD initially fell with a narrow range but found enough buying pressure to trim some of its losses and closed in the middle of the daily range, in addition the currency pair managed to close within the previous day range, which suggests being clearly neutral, neither side is showing control.

The currency pair is trading above the 10 and 50-day moving averages that should act as dynamic supports but remains trading below the 200-day moving average that should act as dynamic resistance.

The key levels to watch are: a daily resistance at 1.0819, the 10-day moving average at 1.0730 (support), a daily support at 1.0622, the 50-day moving average at 1.0585 (support) and a daily support at 1.0462.

"I trade to make money not to be right." |
FXWES

Członek od May 01, 2015  675 postów FXWES Feb 02 2017 at 10:55
EUR/USD is trading elevated today, crossing to above the 1.08 handle and the current market price is 1.0812. Technical readings confirm the bullish trend, but the pair is facing strong resistance at 1.0840 area. If conquering it, door would be open for testing 1.09 zone.

victoriajensen

Członek od Jul 10, 2014  1037 postów victoriajensen Feb 02 2017 at 14:38
EUR/USD bounced off 1.0730 and started moving to the upside, eventually forming a new high at 1.0828. Next target is likely 1.0900 indeed.

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EURUSD 1.13262 GBPUSD 1.26938
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