EUR/USD
Membro Desde Apr 08, 2014
1141 posts
Jan 02, 2019 at 11:43
On Monday session, the EURUSD initially fell but found enough buying pressure at 1.1421 to erase all of its losses and closed near the high of the day, however, managed to close within Fridays’ range, which suggests being slightly on the bullish side of neutral.
The currency pair is trading above the 10 and 50-day moving averages that should act now as dynamic supports nonetheless is still trading below the 200-day moving average that should provide a dynamic resistance.
The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 10-day moving average at 1.1419 (support), the 50-day moving average at 1.1369 (support), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).
The currency pair is trading above the 10 and 50-day moving averages that should act now as dynamic supports nonetheless is still trading below the 200-day moving average that should provide a dynamic resistance.
The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 10-day moving average at 1.1419 (support), the 50-day moving average at 1.1369 (support), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).
"I trade to make money not to be right."
Membro Desde Mar 07, 2018
13 posts
Jan 02, 2019 at 13:34
Euro sliding already today. I expect 2019 will be a hard year for euro so this could be the start of a longer term trend. Price is still in the recent range for the time being but this could be nice early swing entry
Membro Desde Apr 08, 2014
1141 posts
Jan 03, 2019 at 10:48
On Wednesday session, the EURUSD dived with a wide range and closed near the low of the day, in addition, managed to close below Mondays’ low, which suggests a strong bearish momentum.
The currency pair closed below the 10 and 50-day moving averages that should act now as dynamic resistance nonetheless is still trading below the 200-day moving average that should provide a dynamic resistance.
The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 10-day moving average at 1.1409 (resistance), the 50-day moving average at 1.1366 (resistance), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).
The currency pair closed below the 10 and 50-day moving averages that should act now as dynamic resistance nonetheless is still trading below the 200-day moving average that should provide a dynamic resistance.
The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 10-day moving average at 1.1409 (resistance), the 50-day moving average at 1.1366 (resistance), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).
"I trade to make money not to be right."
Membro Desde Apr 08, 2014
1141 posts
Jan 04, 2019 at 11:40
On Thursday session, the EURUSD initially fell but found enough support near the 1.1300 handle to trim all of its losses and closed near the high of the day, however, closed within Wednesday’ range, which suggests being slightly on the bullish side of neutral.
The currency pair closed above 50-day moving average that should act now as dynamic support nonetheless is still trading below the 10 and 200-day moving averages that should provide a dynamic resistance.
The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 10-day moving average at 1.1412 (resistance), the 50-day moving average at 1.1366 (support), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).
The currency pair closed above 50-day moving average that should act now as dynamic support nonetheless is still trading below the 10 and 200-day moving averages that should provide a dynamic resistance.
The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 10-day moving average at 1.1412 (resistance), the 50-day moving average at 1.1366 (support), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).
"I trade to make money not to be right."
Membro Desde Jan 05, 2019
2 posts
Jan 06, 2019 at 09:46
Kalarash posted:
Hello, i think the price will make a 50% corection in sell and after, there will be a good UP trend for a quite long term.😉
EURUSD wont go down for correction, It will shoot straight up......
Membro Desde Apr 08, 2014
1141 posts
Jan 07, 2019 at 11:13
On the last Friday’s session, the EURUSD went back and forward without any clear direction, consequently closed in the middle of the daily range, in addition, managed to close within Thursday range, which suggests being clearly neutral, neither side is showing control.
The currency pair traded above 50-day moving average that should act now as dynamic support nonetheless is still trading below the 10 and 200-day moving averages that should provide a dynamic resistance.
The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 10-day moving average at 1.1418 (resistance), the 50-day moving average at 1.1368 (support), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).
The currency pair traded above 50-day moving average that should act now as dynamic support nonetheless is still trading below the 10 and 200-day moving averages that should provide a dynamic resistance.
The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 10-day moving average at 1.1418 (resistance), the 50-day moving average at 1.1368 (support), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).
"I trade to make money not to be right."
Jan 07, 2019 at 13:01
parish posted:If the price actually rises to 1.18, then it will mean the destruction of the downward trend, which is now being formed on d1
hello
why you think so ?
i have also think first a correction down en then back up to 1.18.
kind regards
Membro Desde Jan 05, 2019
2 posts
Jan 07, 2019 at 13:03
It has pressure on Buying side, Since EUR Strong and USD economically weak. As you can see it has started slowly moving up
Membro Desde Sep 12, 2015
1948 posts
Jan 07, 2019 at 17:36
Euro is Bullish for 2019 on a break of the current range trade ,big test for Euro with Brexit headwind .
"They mistook leverage with genius".
Membro Desde Apr 08, 2014
1141 posts
Jan 08, 2019 at 10:35
On Monday session, the EURUSD rallied with a wide range although with just above average volume and closed near the high of the day, in addition, managed to close above Fridays’ high, which suggests a strong bullish momentum.
The currency pair closed above the 10-day moving average and is also trading above 50-day moving average both should act as dynamic supports nonetheless is still trading below the 200-day moving average that should provide a dynamic resistance.
The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 10-day moving average at 1.1423 (support), the 50-day moving average at 1.1372 (support), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).
The currency pair closed above the 10-day moving average and is also trading above 50-day moving average both should act as dynamic supports nonetheless is still trading below the 200-day moving average that should provide a dynamic resistance.
The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 10-day moving average at 1.1423 (support), the 50-day moving average at 1.1372 (support), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).
"I trade to make money not to be right."
Membro Desde Jan 25, 2010
1360 posts
Jan 09, 2019 at 10:51
All in all, the path of least resistance is to the upside despite the slide.
https://www.forexcrunch.com/eur-usd-upside-more-appealing-despite-slide/
Anexos:
Membro Desde Apr 08, 2014
1141 posts
Jan 09, 2019 at 11:49
On Tuesday session, the EURUSD dived with a narrow range and closed near the low of the day, however, managed to close within Mondays’ range, which suggests being slightly on the bearish side of neutral.
The currency pair is trading above the 10 and the 50-day moving averages and both should act as dynamic supports nonetheless is still trading below the 200-day moving average that should provide a dynamic resistance.
The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 10-day moving average at 1.1423 (support), the 50-day moving average at 1.1376 (support), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).
The currency pair is trading above the 10 and the 50-day moving averages and both should act as dynamic supports nonetheless is still trading below the 200-day moving average that should provide a dynamic resistance.
The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 10-day moving average at 1.1423 (support), the 50-day moving average at 1.1376 (support), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).
"I trade to make money not to be right."
