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EUR/USD
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FXWES

Członek od May 01, 2015  675 postów FXWES Mar 08 2017 at 06:33
Yesterday teh EUR/USD pair was trading within tight range. Currently the outlook remains unchnaged and the pair continues to consolidate. Technical indicators have lost momentum and in the short term bearish sentiment prevails.

billions101

Członek od Mar 07, 2017  1 postów billions101 Mar 08 2017 at 07:28
EURUSD consolidating SMALL between 1.0587 and 1.0560 price levels awaiting the news coming on today. Lets see at the release of the news a breakout.

honeill

Członek od Apr 08, 2014  1063 postów Hugo O'Neill (honeill) Mar 08 2017 at 07:45
On yesterday session, the EURUSD initially tried to rally but found yet again enough resistance near Tuesday open to give all of its gains back to the market and closed in the red, near the low of the day, in addition managed to closed below Tuesday’s low, which suggests a strong bearish momentum.

The currency pair closed below the 10-day moving average and is now trading below the 10, 50 and 200-day moving averages that should act as dynamic resistances.

The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, the 50-day moving average at 1.0645 (resistance), a daily resistance at 1.0622, the 10-day moving average at 1.0571 (resistance) a daily support at 1.0527 and other daily support at 1.0462.

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

Członek od Nov 16, 2015  654 postów deresel Mar 08 2017 at 11:11
On Tuesday, the single currency recorded a modest decline against the US dollar. The session started at 1.0579 and ended 14 pips lower. If the downward trend continues, most likely the dollar will test the first support located at 1.0550. Otherwise, on the upside, the pair will go toward resistance at 1.0815.

deresel

Członek od Nov 16, 2015  654 postów deresel Mar 08 2017 at 11:15
Key levels to watch for:
Support: 1.0550; 1.0370;
Resistance: 1.0815; 1.0980.

besttools

Członek od Jun 21, 2016  898 postów bestools (besttools) Mar 08 2017 at 11:44

While we still hold the view that the strong rebound from last Friday 1.0499 low has room to extend higher towards 1.0680, the muted trading over the last couple of days has dented the immediate upward pressure. Unless EUR can move and stay above 1.0610 by end of today, it is more likely that this pair has moved into a consolidation phase. Key support is still at 1.0520.

victoriajensen

Członek od Jul 10, 2014  1064 postów victoriajensen Mar 08 2017 at 13:25 (zmieniany Mar 08 2017 at 13:31 )
EUR/USD has been moving to the downside ever since it broke out below the support at 1.0585. Next target is likely the previous low at 1.0494.

suppertrader

Członek od Sep 08, 2015  1 postów suppertrader Mar 08 2017 at 13:51
Key levels
Support: 1.0545; 1.0520
Resistance: 1.0600; 1.0706

alexforex007

Członek od Oct 11, 2013  681 postów alexforex007 Mar 08 2017 at 16:01
No clear trend on the EURUSD, at least not on the daily chart. From this point on the pair may head in any direction, depending on what Draghi says tomorrow. On Friday, the NFP numbers may also dictate the direction of the EURUSD for next week.

Cryptocurrency

Członek od Feb 22, 2015  177 postów Cuong Truong (Cryptocurrency) Mar 08 2017 at 19:25
It looks like there's no action for EUR/USD until next week. Central Banks are confused about whether they should move the price up or down.

I trade Forex using my Bollinger Trend PRO mt4 indicator.
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