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EUR/USD
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forex_trader_137597
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Oct 29, 2015 at 18:00
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tommy2308 posted:victoriajensen posted:
EUR/USD broke above the resistance at 1.0975 and it will probably reach the next resistance at 1.1015 quite soon.
Looks only like a failed test, it is dropping[/quote
It went up because the USA gdp figures came out poor... However the fundamentals on the euro are atill extremely bearish and even though we have seen some weakness on the usd from the gdp the red are still playing the rate hike me card as a possibility for December so in a nutshell the eurusd is and will continue to be bearish
HOLY GRAIL: Fundamental Analysis to chose your pairs/direction, Technical Entry/SL/TP for consistent Management of those decisions
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Oct 30, 2015 at 07:30
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The single currency registered an increase on Thursday. The graphics continued to develop under the moving average, while the index of relative strength remained in neutral territory. Trading started at 1.0926 and ended 60 pips higher. For the moment, the view remains positive, as the next target appeared levels at 1.1080.
Oct 30, 2015 at 09:45
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Yesterday the EURUSD initially fell but found yet again enough support at 1.0900 daily support to reverse and closed in the green near the high of the day with a narrow range, creating an inside day.
The key levels to watch are 1.1097 (Resistance), the 200-day moving average at 1.1082 (resistance), 1.0900 (support) and 1.0819 (Support).
The key levels to watch are 1.1097 (Resistance), the 200-day moving average at 1.1082 (resistance), 1.0900 (support) and 1.0819 (Support).
"I trade to make money not to be right."
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