idimitrov's Posts - Page 7

EUR/USD in Experienced Traders Jun 16, 2017 at 16:14

The single currency recorded a decline against the US dollar on Thursday. The session started at 1.1217 and ended at 1.1144. The currency pair rebounded from the 1.1130 support and if the euro continued to lose its position against the US dollar there is a strong likelihood of a breakthrough in first support.

GBP/USD daily outlook in Experienced Traders Jun 09, 2017 at 15:48

The pound-dollar currency pair recorded a volatile session before the parliamentary elections in the UK. The pound lost 6 pips after the opening day of the day was 1.2957, and the last day's quote remained 1.2951. Today's extreme values remained respectively at 1.2977 and bottom at 1.2907.

EUR/USD in Experienced Traders Jun 09, 2017 at 15:42

For a second consecutive session, the euro is cheaper against the dollar. The single currency lost 42 pips. The day was found at 1.1254, and in the first hours the course was moving around the resistance at 1.1256. Prior to noon, the bulls recorded their peak at 1.1268, then dropped sharply to the bottom at 1.1194. At the end of the session one euro was exchanged for 1.1212 dollars.

USD/JPY in Experienced Traders Jun 08, 2017 at 22:13

The dollar again led the yen on Wednesday. During the day, the US currency added 41 pips to its assets. At the end of the session, one dollar swapped to 109.81 Japanese yen. The opening rate was 109.40 and the bottom of the day the rate was at level 109.11. Several times during the day the resistance at 109.63 was breached, but only the last one was confirmed with a daily peak of 109.87.

GBP/USD daily outlook in Experienced Traders Jun 08, 2017 at 22:08

The pound-dollar currency pair opened the day at 1.2907 on Wednesday, and by the end of the session the British currency added another 50 pips to its asset. No breakthroughs at key levels were reached. Before noon the bears reached their bottom at 1.2887. The next hour of the course gradually rose to reach a peak at 1.2965.

EUR/USD in Experienced Traders Jun 08, 2017 at 22:03

This Wednesday, the dollar took 20 pips from the single currency's account. The session was dynamic and at the beginning of the day one euro was exchanged for 1.1276 dollars. With rapid pace the bears led the course in their direction. They broke the support at 1.1256 and recorded bottom at 1.1203. The battered players managed to mobilize and three hours later they recorded a peak at 1.1281. The last quote for the day was 1.1256.

USD/JPY in Experienced Traders May 31, 2017 at 05:56

The dollar / yen was indecisive yesterday, but traded lower today, hitting 110.76. The signals are bearish in the near future for testing at 110.25 / 00. A clear breakthrough and daily closure under this zone should open the doors to 108.00 this week. Immediate resistance is at 111.30. A clear break above this level may take the price to a neutral region, but the longer the pair is in line with the resistance line and the key resistance of 112.00, I prefer the bearish scenario at this stage and any upward pressure should be seen as a good opportunity For sales.

GBP/USD daily outlook in Experienced Traders May 31, 2017 at 05:56

Pound / Dollar attempted to rise up yesterday, reaching a peak of 1.2850, but traded down earlier this morning, sliding below 1.2800. Expectations remain downside to testing support 1.2780, which is a good long-range area with narrow loss stops. A clear break below this level can clear the way down to 1.2700 - 1.2670 or lower. The first resistance is at 1.2850, whose breakthrough can take the price to a neutral zone with testing at 1.2900 / 25.

EUR/USD in Experienced Traders May 31, 2017 at 05:56

The euro / dollar was tentative yesterday but traded lower earlier today, sliding under the EMA 200. Signals are descending to test the support at 1.1080, which remains a good area to place purchases with tight stops. The closest resistance is seen at 1.1160. A clear breakthrough and daily closure over it will cause further upward pressure on testing at 1.1200 - 1.1265. I still prefer a bullish scenario in this phase, but a clear break and daily closure below 1.1080 will open the doors to 1.0950 and will also activate my wait to see a new model.

USD/JPY in Experienced Traders May 29, 2017 at 06:12

The US dollar was down against the Japanese yen on Friday. By the close of US trading, USD / JPY was trading at 111.34, losing 0.44%. I believe that support is now at 110.84, Tuesday's low, and the resistance is likely at 112.12 - the maximum of Wednesday.

GBP/USD daily outlook in Experienced Traders May 29, 2017 at 06:12

The British pound was down against the US dollar on Friday. By the close of US trading, GBP / USD was trading at 1.2804, losing 1.07%. I believe that support is now at around 1.2776, the low of Friday's trading, and the resistance is likely at 1.3044, Monday's high.

EUR/USD in Experienced Traders May 29, 2017 at 06:11

The euro fell against the US dollar on Friday. By the close of US trading, EUR / USD was trading at 1,1181, losing 0.26%. I believe that support is now at around 1.1160, Monday's low, and resistance is likely at 1.1268, Tuesday's high.

USD/JPY in Experienced Traders May 25, 2017 at 10:27

The dollar / yen tried to rise up yesterday, making a peak at 112.12, but collapsed down and closed at 111.48 after touching the trend line. Expectations are bearish for testing 110.85. Immediate resistance is around 112.00 / 12, which remains a good zone for placing short positions with narrow stops. A clear breakthrough over should erase the downtrend. Downwards, a clear break and a daily closing below 110.85 will open the doors to 110.00.

GBP/USD daily outlook in Experienced Traders May 25, 2017 at 10:25

Pound / dollar attempted to decrease yesterday, reaching bottom at 1.2926, but closed higher at 1.2975. The couple adhered to the trendline of support. The signals are neutral, possibly with light bullish signals for testing the key resistance 1.3050, which should be clearly pierced for the sequel to the bullish scenario. Intraday support we have at 1.2930 / 25. A clear breakthrough below this zone may cause further bearings to test for 1.2880.

EUR/USD in Experienced Traders May 25, 2017 at 10:24

Euro / dollar had a moderate upward movement yesterday, making a peak at 1.1220 and hit 1.1244 earlier this morning. The views remain up for testing on 1.1265. A clear break above this level may lead to future bulls testing for 1.1300 - 1.1350. The closest support is 1.1210, whose breakthrough can take the price to a neutral trading area with testing 1.1175. But as a whole, I stay in the Bulls camp and every downward pressure can be seen as a good opportunity to buy.

EUR/USD in Experienced Traders May 21, 2017 at 09:08

The euro rose against the US dollar on Friday. By the close of US trading, EUR / USD was trading at 1,1206, gaining 0.93%. I believe that support is now at around 1.0920, Monday's low, and resistance is likely at 1.1212, the high of Friday's trading.

GBP/USD daily outlook in Experienced Traders May 21, 2017 at 09:08

The British pound was up against the US dollar on Friday. By the close of US trading, GBP / USD was trading at 1.3037, gaining 0.75%. I believe that support is now at around 1.2864, Tuesday's low, and resistance is likely at 1.3051, Thursday's high.

USD/JPY in Experienced Traders May 21, 2017 at 09:08

The US dollar was down against the Japanese yen on Friday. By the close of US trading, USD / JPY was trading at 111.26, losing 0.20%. I believe that support is now at around 110.21, Thursday's low, and resistance is likely at 113.86, Monday's high.

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

The dollar / yen had a strong bearish momentum yesterday, forming a bottom at 110.78 and hit 110.51 earlier this morning. The price fell back below the trend line, as shown in the four-hour chart, which suggests a downside scenario for a false breakthrough. The views are down for testing at 110.00. A clear breakthrough and daily closing below this level will open the doors to 108.13. The closest resistance is seen at 111.25, whose breakthrough can take the price to a neutral zone, but the longer the pair stays below 112.00, I prefer the scenario down in this phase.

GBP/USD daily outlook in Experienced Traders May 19, 2017 at 09:07

Pound / dollar had momentum up yesterday, making a peak at 1.2990. The trade signals are upward, but I note that we need a clear breakthrough over the key 1.2985 resistance for the sequel to the bullish test scenario at 1.3050 or higher. We have immediate support at 1.2930. A clear breakthrough underneath it could take the price to a neutral trading area testing 1.2880.

EURUSD	1.06968	GBPUSD	1.2512	AUDUSD	0.65241
USDJPY	155.291	USDCAD	1.37247	USDCHF	0.91253

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