Dec 06 2015 at 12:56
Interesting month already.
Positivity
On Friday session the single currency recorded a slight decline against the dollar on Friday and lost 63 pips. The session started at a price of 1.0937. The data on unemployment in US for November was crucial. The price bounced back, but at the end of the session the pair ended in red at a price of 1.0874.
The EURUSD had a bullish momentum last week topped at 1.0980 but closed a little bit lower at 1.0876. The bias is neutral in nearest term but as you can see on my H1 chart below we have a bullish flag formation suggests a bullish scenario especially if price able to break break above the flag and 1.0925/50 resistance targeting 1.1050. My major technical outlook remains neutral but as long as stays above 1.0800 I prefer a bullish intraday scenario at this phase.
Top Forex Robot
Dec 07 2015 at 10:41
On Friday session the EURUSD initially rose but found enough resistance above the 50-day moving average to turn around and closed in the red near, in the middle of the daily range also closing within previous day range, suggesting that the pair turn into a consolidation mode and maybe topped out.
The 50-day moving average is pushing the currency down acting as a strong resistance.
The key levels to watch are the 1.1097 (resistance), a 200-day moving average at 1.1078 (resistance), the 50-day moving average at 1.0931 (resistance), 1.0900 (resistance) and 1.0819 (support).
The 50-day moving average is pushing the currency down acting as a strong resistance.
The key levels to watch are the 1.1097 (resistance), a 200-day moving average at 1.1078 (resistance), the 50-day moving average at 1.0931 (resistance), 1.0900 (resistance) and 1.0819 (support).
"I trade to make money not to be right."
Downside correction continues, the pair is slowly approaching 1.0800 level. However Eur/Usd can still swing both sides, on the upside Eur/Usd could re-test 1.0900 resistance level.
Dec 07 2015 at 15:50
normally the pair should be on its way to around 1.16 or .18, the reversal is already starded,i mean on the long run ,there will be several stations until there,just hit the .68 retracement,next target 1.1113 once it passed 1.09
Dec 07 2015 at 16:39
csc2009 posted:
Downside correction continues, the pair is slowly approaching 1.0800 level. However Eur/Usd can still swing both sides, on the upside Eur/Usd could re-test 1.0900 resistance level.
I completely Agree with you after the spike the movement will be slow, I will wait for confirmation to break 1.0800 before opening a position.
Dec 07 2015 at 17:13
The pair formed a doji candlestick on the four-hour time-frame above the support at 1.0800, so we might see another move to the upside towards 1.0900.
victoriajensen posted:
The pair formed a doji candlestick on the four-hour time-frame above the support at 1.0800, so we might see another move to the upside towards 1.0900.
Good to know that, I will keep an eye on it, thank you.
Dec 07 2015 at 21:43
I havent seen this befor USDSEK
附件:
Dec 07 2015 at 21:44
Spackelspade posted:
I havent seen this befor USDSEK
Dec 08 2015 at 05:22
The EURUSD stays at current highs, but the 1.1000 level could prove difficult to break, it is more likely to drop below the 1.0800 level.
Dec 08 2015 at 07:25
I agree with you Alex... 15-16 dec. will be Key
The single currency recorded a modest decline against the dollar on Monday, losing 37 pips. The pair recorded a volatile session and managed to break through the first support at 1.0854. The graphics continues to develop over moving averages, while the relative strength index remained in neutral territory. If the bearish trend continues, the pair will try to break the next support at 1.0676.
Dec 08 2015 at 09:55
Yesterday the EURUSD fell with a narrow range and close in the middle of the daily range but below the previous day range, suggesting a mildly bearish to a ranging tone.
Yesterday the pair held the daily support at 1.0819 and a close above the 50-day moving average would set the bullish tone for the next days.
The key levels to watch are the 1.1097 (resistance), a 200-day moving average at 1.1078 (resistance), the 50-day moving average at 1.0902 (resistance), 1.0900 (resistance) and 1.0819 (support).
Yesterday the pair held the daily support at 1.0819 and a close above the 50-day moving average would set the bullish tone for the next days.
The key levels to watch are the 1.1097 (resistance), a 200-day moving average at 1.1078 (resistance), the 50-day moving average at 1.0902 (resistance), 1.0900 (resistance) and 1.0819 (support).
"I trade to make money not to be right."
Dec 08 2015 at 17:19
The pair has been consolidating all day but I noticed that it also formed a hammer candlestick above the support at 1.0800 on the daily time-frame which is another indication that we should probably expect a move to the upside towards 1.0900.
Dec 08 2015 at 18:23
EUR/USD rebounded from yesterday low and failed to break 1.0800 now it is testing resistance level 1.0900 still I dont see an appropriate entry point. until price close over 1.0900 or under 1.0800
The EUR/USD heading to 1.1000 level but the resistance at 1.0900 was not easy to break today. My eyes wide open waiting for the breaking over this resistance.
Dec 09 2015 at 04:20
The EURUSD is staying at current levels, but with the FED decision next week it may go back down and the ECB is not really over with injecting more stimulus.
The single currency recorded an increase against the dollar on Tuesday. The session started at 1.0836 and ended 54 pips higher. After steady upward movement the price managed to break the first resistance at 1.0854. If the pair justify the positive expectations, the price will continue its upward movement.
