EUR/USD

Market is trading in tight range. EUR/USD is trading around the opening price, no good opportunity for me for the time being.

sherifFares posted:
Market is trading in tight range. EUR/USD is trading around the opening price, no good opportunity for me for the time being.

I agree, Eur/Usd is closed only few pips above it's opening, currently trading around a flat 20 SMA in 1 hour chart, searching for a clear direction.

EUR / USD rose on Monday, recovering all losses generated by the numbers of wages.
The rising feeling of yesterday is printed in momentum studies.
The RSI is back above its 50 line and the MACD, as positive rose above the signal line.
The feeling 'bullish' may lead us to near the 1.1500 zone.

EUR/USD in narrow rang for the second day unsuccessfully trying to broke above the 1.1380.

Consolidation continued today for EUR/USD. That said, I noticed that a double top has formed in the four hour filter chart, so I think there might be a move to the downside soon.

EUR/USD was hesitant yesterday and expectations are neutral. Generally price is still in the upward phase after the bounce from 1.0819, but the main prospects are bearish. A key resistance is seen between 1.1350 - 1.1465, a good place for sales with tight stop loss above 1.1465. The nearest support is at 1.1240. A clear break below it could trigger further bearish pressure testing 1.1180 but remains important support of 1.1050.

Eur/Usd manage stay above 1.13 handle, very low liquidity here, on the upside I will keep eyes on the psychological level at 1.1400.

The dollar gained ground with the good news of job data.
The SME confidence index rose more than expected.
The US companies are struggling to hire people and are increasing wages.
The likelihood of increased rate of FED funds increase, Yields of US bonds rose.

EUR/USD did move to the downside but the pair has formed a doji candlestick on the four-hour filter chart right above the support at 1.1230 which is a signal that it might start climbing again.

EUR/USD is open for more drop as long as we are under 1.1330 the first support level is at 1.1175.

EUR/USD attempted to push higher yesterday, topped at 1.1385 but closed lower at 1.1320. The bias remains neutral in nearest term. We have a double top formation around 1.1380, which suggests potential bearish scenario. An important area of resistance remains between 1.1350 - 1.1465, a good place for short positions with a tight stop loss above 1.1465 and potential target near 1.1050. Intraday support is 1.1280. A clear break below that level could lead to further bearish pressure testing 1.1200.

The EUR/USD fell to the 1.1180 level today but recovered lately to 1.1271, what i see is more bearish for the end of the week as a result of the strong USD.

Market keeps waiting for a Greece deal, any news/rumors start with ''according to a senior EU officer'' will drive Eur/Usd.

eur/usd. It will soon be cheaper.

The dollar traded for high against most G10 peers during the European morning today.
The unemployment figures were slightly above the expected 279K 277k

eurousd will remain sell below 1.128... stop loss 1.1292 and take profit 1.116 and 1.106

1st part of eurousd has been done... as said.. 1.116 tp... now moved sl. at breakeven.. shorted from 1.1261... with tp 1.106 and 1.08

I hope eurusd goes up today...

Hi all,

Is any one see what I see or I am wrong.
Possible pull back to 1.05 / 1.04 area.