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parish
Jan 07 2019 at 07:31
58 poster
hello
why you think so ?
i have also think first a correction down en then back up to 1.18.
kind regards

i trade to make money not to be right
honeill (honeill)
Jan 07 2019 at 11:13
1141 poster
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).

"I trade to make money not to be right." |
DonaldB (DonaldB)
Jan 07 2019 at 13:01
38 poster
parish posted:
hello
why you think so ?
i have also think first a correction down en then back up to 1.18.
kind regards

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

Ichimokucaptain
Jan 07 2019 at 13:03
2 poster
It has pressure on Buying side, Since EUR Strong and USD economically weak. As you can see it has started slowly moving up

parish
Jan 07 2019 at 13:11
58 poster
yes i have seen the eur usd actualy moving slowly up

i trade to make money not to be right
parish
Jan 07 2019 at 13:11
58 poster
en donald like s the dollar weak

i trade to make money not to be right
snapdragon1970 (snapdragon1970)
Jan 07 2019 at 17:36
1944 poster
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".
honeill (honeill)
Jan 08 2019 at 10:35
1141 poster
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).

"I trade to make money not to be right." |
BluePanther (BluePanther)
Jan 09 2019 at 10:51
1344 poster
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/



Bifogade filer


Gasley
Jan 09 2019 at 11:06
10 poster
Price is stalling at the resistance level of 1.1480. I expect a price to start dropping now. If there is a break below the 200 EMA on the hourly chart then I will be going short

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