idimitrov's Posts - Page 17

EUR/USD in Experienced Traders Aug 26, 2016 at 08:59

The euro rose against the dollar on Friday. By the end of the trading session EUR/USD was traded at 1.1294, gaining 0.11%.I believe that the support is now located at the level of 1.1242, Wednesday's low and resistance is likely to be at the level of 1.1357 - a maximum of Tuesday.

GBP/USD daily outlook in Experienced Traders Aug 25, 2016 at 08:12

The dollar rose against other major currencies on Wednesday despite weak US data on sales of existing homes, while sentiment on the dollar strengthened on the eve of the highly anticipated speech of Fed's governer on Friday. The pair GBP/USD rose by 0.36% to 1.3244, the highest level since August 4.

EUR/USD in Experienced Traders Aug 25, 2016 at 08:04

The euro was down against the US Dollar on Wednesday. By the end of the trading session EUR/USD was traded at 1.1264, shedding 0.37%. I believe that the support is now located at the level of 1.1245, the low of yesterday's trading, and resistance is likely to be at 1.1363 - Friday's high.

USD/JPY in Experienced Traders Aug 25, 2016 at 07:53

The yen fell on Thursday during the Asian trading session, after the Corporate Services data showed a larger-than-expected increase, and the market keeps cautious ahead of tomorrow's speech the Fed chairman. USD/JPY was trading at 100.48, gaining 0.03%

GBP/USD daily outlook in Experienced Traders Aug 22, 2016 at 09:53

The pound finished the weekly session against the US dollar at 1.3076, down by 0.7%, but for the week rose by 1.2% on reduced concerns about the growth prospects of the national economy after Brexit.Sterling jumped to 1.3184 after data showed that retail sales, employment and inflation beat forecasts, suggesting that the UK economy is stable after the British decision to leave the European Union.

USD/JPY in Experienced Traders Aug 21, 2016 at 23:43

The Japanese yen is trading at maximum value against the US dollar since the 20th of June. For the whole week it hasn't resolved the issue of the circular level 100. What is the cause? The main reason I highlight, is coming from the authorities, that if the yen fluctuations become too harsh, the Ministry of Finance will have to take drastic measures, and that the probability of easing of monetary policy in the next month, September, is more than 50%. From my point of view, now it can act as sufficiently important reason to start purchases.

USD/JPY in Experienced Traders Aug 21, 2016 at 23:20

The US dollar rose against the Japanese Yen on Friday. By the close of trading USD/JPY is traded at 100.21, gaining 0.32%. I believe that support is now at around 99.53, Tuesday's low, and resistance is likely to be at 101.47 - a maximum of Monday.

GBP/USD daily outlook in Experienced Traders Aug 21, 2016 at 23:12

The British pound fell against the dollar on Friday. By the close of trading GBP/USD was traded at 1.3076, shedding 0.71%. I believe that the support is now located at the level of 1.2863, Monday's low, and resistance is likely to be at 1.3174 - maximum Thursday.

EUR/USD in Experienced Traders Aug 21, 2016 at 23:04

The euro was down against the US Dollar on Friday. By the close of trading EUR/USD was traded at 1.1324, shedding 0.26%. I believe that the support is now located at the level of 1.1152, Monday's low, and resistance is likely to be at 1.1367 - maximum Thursday.

GBP/USD daily outlook in Experienced Traders Aug 14, 2016 at 08:58

Most of the week the pound stayed lower than 1.30. GBP/USD has fallen after the house price balance in the UK appeard much worse than expected. The indicator was only 5% instead of the expected 15%. At the same time RICS said, that the fall in sales was the biggest since the financial crisis in 2008, the rise in prices in July was the slowest in three years, while the volume of new sales fell. This shows that the real estate market is already adjusting to the decision of the UK to leave the EU, and as British consumers are so heavily dependent on property prices, their sudden drop may affect c...

EUR/USD in Experienced Traders Aug 14, 2016 at 08:25

The euro rose against the dollar on Friday. By the end of trading session EUR/USD was traded at 1.1161, gaining 0.21%. I believe that the support is now located at the level of 1.1067, Tuesday's low, and resistance is likely to be at the level of 1.1221 - a maximum of Friday's trading.

GBP/USD daily outlook in Experienced Traders Aug 14, 2016 at 08:10

The British pound fell against the dollar on Friday. By the end of trading session GBP/USD was traded at 1.2914, shedding 0.32%. I believe that the support is now located at the level of 1.2904, the low of Friday's trading, and resistance is likely to be at the level of 1.3097 - Monday's high.

USD/JPY in Experienced Traders Aug 14, 2016 at 08:04

The US dollar was down against the Japanese Yen on Friday. By the end of trading session USD/JPY was traded at 101.27, shedding 0.68%. I believe that the support is now located at the level of 100.85, the low of Friday's trading, and resistance is likely to be at the level of 102.67 - a maximum of Monday.

USD/JPY in Experienced Traders Aug 03, 2016 at 17:22

On the 4-hour chart 50-SMA and the 100-SMA show a bearish crossover, and the price moves sufficiently below them and the downward trend line on the daily chart. Oscillator MACD also moves below both its zero and trigger lines suggest strong bearish momentum of prices for the next few hours. In addition, the RSI is oversold, suggesting recent bearish price sentiment. A successful attempt to pass below 100.70 opens the way to a strong support level at 100.00 and then to barrier 99.00.

EUR/USD in Experienced Traders Aug 03, 2016 at 16:21

The dollar strengthened on Wednesday, rebounding from a six-week low, reached in the previous session, as investors closed positions ahead of Friday's US employment report, excluding the agricultural sector, which should help determine the timing of the next increase of the Fed rate. The euro fell by 0.46 percent against the dollar to $ 1.1173.

USD/JPY in Experienced Traders Aug 03, 2016 at 09:34

As expected, the dollar/yen continued its bearish momentum yesterday, bottomed at 100.67. Trading signals remain down to test 100.00. A clear break and daily close below that area could trigger further bearish pressure testing to 98.80. Resistance for the day is 101.50. A clear break above that area could lead price to neutral zone testing 102.00 but overall I still prefer a bearish scenario.

GBP/USD daily outlook in Experienced Traders Aug 03, 2016 at 09:05

Pound/dollar had upward momentum yesterday, topped at 1.3364. The bias is bullish in nearest term testing of 1.3400/20, but I mainly stay in the camp of bears yet. First support is seen at 1.3300. A clear break below that area could lead the price to neutral trade zone testing 1.3250 or lower.

EUR/USD in Experienced Traders Aug 03, 2016 at 08:36

EUR/USD had a bullish momentum yesterday, closing above key resistance 1.1200. Overall I still prefer a bearish scenario but this made me stay away for now and wait for a new model. The bias is bullish for testing the lower line of the bullish price channel, localized around 1.1300. A clear break and daily close above that area could lead to further upward pressure to test 1.1400. The first support is at 1.1170/50, whose breach can reactivate the downward pattern for testing 1.1070/50 or lower.

GBP/USD daily outlook in Experienced Traders Jul 30, 2016 at 13:40

The pair pound/dollar started to grow at the weakening of the dollar, but not strong. A support for the pound had the statistics. The volume of consumer credit in June increased from 1.59 to 1.87 billion. Mortgage lending in the same month increased from 2.90 to 3.3 billion. However, these data are insufficient for the couple go out from the lateral movement. Maybe next week something will change.

EUR/USD in Experienced Traders Jul 30, 2016 at 13:33

The euro/dollar on Friday afternoon has grown against the background of weak statistics in the United States. The pair ended the day at 11,72. Since the beginning of the trading session the pair rose by 1.4%. The dollar fell because in the second quarter 2016 US GDP was much worse than expected and amounted only 1.2% q/q instead of expected 2.6%.

EURUSD	1.07642	GBPUSD	1.25382	AUDUSD	0.65971
USDJPY	154.22	USDCAD	1.36841	USDCHF	0.90628

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