EUR/USD
Členom od Feb 24, 2016
277 príspevkov
May 11, 2016 at 08:08
EUR/USD appears to be caught in a range between 1.14 and 1.1360. Currently, the pair is trading at 1.1387. No major news are expected today so we might see a continuation of sideways trading.
Členom od Apr 08, 2014
1141 príspevkov
May 11, 2016 at 08:21
Yesterday EURUSD initially rose but found enough selling pressure to give back all its gains and closed in the red, near the low of the day, in addition managed to close below the previous day low, suggesting a strong bearish momentum.
The pair is trading below the 10-day moving average that is acting as a dynamic resistance although is still trading above the 50 and the 200-day moving averages that act as a dynamic support.
The key levels to watch are: Daily resistance at 1.1556, other daily resistance at 1.1459, the 10-day moving average at 1.1437 (resistance), the 50-day moving average at 1.1319 (support) and a daily support at 1.1237.
The pair is trading below the 10-day moving average that is acting as a dynamic resistance although is still trading above the 50 and the 200-day moving averages that act as a dynamic support.
The key levels to watch are: Daily resistance at 1.1556, other daily resistance at 1.1459, the 10-day moving average at 1.1437 (resistance), the 50-day moving average at 1.1319 (support) and a daily support at 1.1237.
"I trade to make money not to be right."
Členom od Nov 16, 2015
708 príspevkov
May 11, 2016 at 08:27
The single currency fell slightly against the US dollar on Tuesday, trading volumes remained low during the day while the positive employment data in the US supported the dollar.
The pair moved between 1.1358 levels and 1.1409, before settling at 1.1371 for the day or down by about 10%.
Key levels to watch for:
Support: 1.1309; 1.1270;
Resistance: 1.1492; 1.1540.
The pair moved between 1.1358 levels and 1.1409, before settling at 1.1371 for the day or down by about 10%.
Key levels to watch for:
Support: 1.1309; 1.1270;
Resistance: 1.1492; 1.1540.
Členom od Jul 10, 2014
1117 príspevkov
May 11, 2016 at 15:51
EUR/USD broke above 1.1400 and is still moving to the upside. Its next target is likely at the resistance at 1.1500 - 1.1530.
Členom od May 01, 2015
675 príspevkov
May 12, 2016 at 08:16
The pair has lost the will to find a clear direction. The lack of major macro data and minimal volatility keep EUR/USD stuck around 1.14. Immediate resistance is located at 1.440 and the support I around 1.340. In case of breaking it, the pair will drift further to 1.340.
Členom od Apr 08, 2014
1141 príspevkov
May 12, 2016 at 08:47
Yesterday EURUSD rallied with a wide range and closed near the high of the day, in addition managed to close above the previous day high, suggesting a strong bullish momentum.
The pair is trading below the 10-day moving average that is acting as a dynamic resistance although is still trading above the 50 and the 200-day moving averages that act as a dynamic support.
The key levels to watch are: Daily resistance at 1.1556, other daily resistance at 1.1459, the 10-day moving average at 1.1434 (resistance), the 50-day moving average at 1.1325 (support) and a daily support at 1.1237.
The pair is trading below the 10-day moving average that is acting as a dynamic resistance although is still trading above the 50 and the 200-day moving averages that act as a dynamic support.
The key levels to watch are: Daily resistance at 1.1556, other daily resistance at 1.1459, the 10-day moving average at 1.1434 (resistance), the 50-day moving average at 1.1325 (support) and a daily support at 1.1237.
"I trade to make money not to be right."
Členom od Jul 10, 2014
1117 príspevkov
May 12, 2016 at 16:15
(upravené May 12, 2016 at 16:17)
EUR/USD broke below 1.1400 again, next target is likely around 1.1360 - 1.1350. A beakout below that level could lead to a further drop towards 1.1250.
Členom od Apr 09, 2016
421 príspevkov
May 12, 2016 at 22:53
EUR/USD had a moderate bullish momentum yesterday, topped at 1.1446. The bias is neutral in nearest term, probably with slight bullish signals for testing 1.1500. Initial support is at 1.1400. A clear break below could lead to further bearish pressure testing 1.1350 level, which should be clearly penetrated down to the preservation of strong bearish scenario with targets near 1.1275 - 1.1200.
Členom od Apr 08, 2014
1141 príspevkov
May 13, 2016 at 08:05
Yesterday EURUSD fell with a narrow range, creating an inside day and closed near the low of the day, however closed within the previous day range, being slightly on the bearish side of neutral.
The pair is trading below the 10-day moving average that is acting as a dynamic resistance although is still trading above the 50 and the 200-day moving averages that act as a dynamic support.
The key levels to watch are: Daily resistance at 1.1556, other daily resistance at 1.1459, the 10-day moving average at 1.1426 (resistance), the 50-day moving average at 1.1330 (support) and a daily support at 1.1237.
The pair is trading below the 10-day moving average that is acting as a dynamic resistance although is still trading above the 50 and the 200-day moving averages that act as a dynamic support.
The key levels to watch are: Daily resistance at 1.1556, other daily resistance at 1.1459, the 10-day moving average at 1.1426 (resistance), the 50-day moving average at 1.1330 (support) and a daily support at 1.1237.
"I trade to make money not to be right."
Členom od May 01, 2015
675 príspevkov
May 13, 2016 at 08:13
On Thursday session EUR/USD was trading slightly lower and earlier this morning hit 1.1366. Although there’s no substantial downtrend and generally the pair moves sideways without clear direction from Monday, the bearish scenario still effects with closest target around 1.1275 - 1.1200. Immediate resistance is located at 1.1450 and 1.1500.
Členom od Feb 24, 2016
277 príspevkov
May 13, 2016 at 13:19
The EUR/USD is trading lower today after upbeat US data. Main trend on the short-term remains bearish. Current market price 1.1327.
Členom od Jul 10, 2014
1117 príspevkov
May 13, 2016 at 16:21
EUR/USD finally broke below 1.1350 and continued on its way down towards 1.1300. If it breaks below that level its next target will likely be 1.1250 - 1.1200 and considering the shooting star candlestick that has formed on the weekly time-frame the pair might fall even lower than that.
Členom od Apr 09, 2016
421 príspevkov
May 13, 2016 at 19:41
The euro recorded a decrease against the dollar on Thursday. So the single currency completely lost profits that had gained the previous session. If the bearish sentiment continues in the future, the pair will break through support at 1.1309. The trade was opened at a price of 1.1425, and the finale was put 50 pips below. The bottom of the day was reached at 1.1370 shortly before the finish.
Členom od Apr 09, 2016
421 príspevkov
May 13, 2016 at 19:43
On Friday, the dollar rose against major currencies, as investors awaited the release of economic reports in the US today, while the pessimistic data ffrom the eurozone brought down demand for the single currency.
The EUR/USD fell 0.22% to 1.1350.
The EUR/USD fell 0.22% to 1.1350.
forex_trader_249603
Členom od May 13, 2015
83 príspevkov
May 13, 2016 at 19:43
The dollar is still in sell mode, even with the better-than-expected report on retail sales.
The number did help the $, but the gains are still limited on the fact that it is still very unlikely that the FED will change any interest rates in June. Just that retail numbers was positive doesn't make the FED go all sudden overboard and change interest rates....
The fact that it is going now a bit lower, is due it is after 17:00 GMT (and just retail still trades)
The number did help the $, but the gains are still limited on the fact that it is still very unlikely that the FED will change any interest rates in June. Just that retail numbers was positive doesn't make the FED go all sudden overboard and change interest rates....
The fact that it is going now a bit lower, is due it is after 17:00 GMT (and just retail still trades)
Členom od Apr 09, 2014
834 príspevkov
May 13, 2016 at 23:39
Eur/Usd finally settled just above 1.13 level after lost nearly 100 pips as the dollar strengthened due to better US data. Immediate support can be found at today's low around 1.1280 zone.
Členom od Apr 09, 2014
834 príspevkov
May 13, 2016 at 23:43
We have Fed's minutes next week, market will turn it's attention to Feds June rate hike again I suppose.
Členom od Oct 11, 2013
775 príspevkov
May 16, 2016 at 04:12
The Daily chart of the EURUSD is showing us an uptrend with good pullbacks to the 55 day EMA. Price may go back up and continue higher.
Členom od May 01, 2015
675 príspevkov
May 16, 2016 at 07:20
On Friday session the single currency continued to depreciate against the US dollar for a second day, which marked another negative week. The daily decline amounted to 65 pips to a closing price of 1.1310 as the pair traded within the extreme values 1.1379 and 1.1282. The price remains below average values, while the index of relative strength is in support of bears. A breakthrough of 1.1280 will lead to further decline.
Členom od Apr 08, 2014
1141 príspevkov
May 16, 2016 at 08:39
On the last Friday’s session the EURUSD plunged with a wide range and close near the low of the day, in addition managed to close below the previous day low, suggesting a strong bearish momentum.
The pair is trading below the 10-day moving average that is acting as a dynamic resistance and closed below the 50-day moving average that should also act as other dynamic resistance although is still trading above the 200-day moving average that act as a dynamic support.
The key levels to watch are: Daily resistance at 1.1459, the 10-day moving average at 1.1404 (resistance), the 50-day moving average at 1.1332 (resistance), a daily support at 1.1237, a swing low at 1.1141 (support) and a daily support at 1.1097.
The pair is trading below the 10-day moving average that is acting as a dynamic resistance and closed below the 50-day moving average that should also act as other dynamic resistance although is still trading above the 200-day moving average that act as a dynamic support.
The key levels to watch are: Daily resistance at 1.1459, the 10-day moving average at 1.1404 (resistance), the 50-day moving average at 1.1332 (resistance), a daily support at 1.1237, a swing low at 1.1141 (support) and a daily support at 1.1097.
"I trade to make money not to be right."
