EUR/USD

still EUR/USD is around the support level and I dont think much will change before the end of the week.

We haven't broken below 898 of yesterdays 4pm spike,which is a positive sign for me.

4 attempts to break through 942,will it do it before New Year?

The pair is trading in a narrow range with immediate resistance level at 1.0945 and on the downside support level is still at 1.0900. It seems Eur/Usd unable to break the trading range before the new year.

It seems that despite the holidays and the low liquidity of the market EUR/USD did break below 1.0900. The next support is at 1.0820.

Keeping an eye on 880,if we go below this I think we might get a push lower,but 820 is a long way off.

I see support at 867 on the 4 hr chart, a break below this could see 820.

Despite the pair broke the support level 1.0900 extend range to the downside, the pair still remains in a tight range. Happy New Year, everyone!

Might go long at 1.087 with a stop loss at around 10 pips. Im expecting it to bounce back off the 1.087 mark. What do you guys think?

The single currency recorded a humble increase against the US dollar on Wednesday. The session started at 1.0918 and ended just 13 pips higher. Daily extreme values were reached respectively at 1.0943 and 1.0902. If the currency pair continued its upward movement, we can expect an attempt to break the first resistance at 1.0975.

Few hours for the end of 2015 with all its profits and losses, I wish you all a happy new year and a very successful and profitable 2016.

Expecting a move down.

Rising yields on US bonds on Tuesday supported the dollar, which remained at around 1.0863 against the euro.

Happy new 2016 year and may the Trend be with you!

sherifFares posted:
Few hours for the end of 2015 with all its profits and losses, I wish you all a happy new year and a very successful and profitable 2016.

Thank you, same to you!😉

On the last session day the EURUSD fell and closed in the red, near the low of the day in addition managed to close below previous day low, suggesting a strong bearish momentum is settling in.

The pair closed below 10-day moving average that was acting as a dynamic support and now should turn to a dynamic resistance.

The key levels to watch are: the 200-day moving average at 1.1064 (resistance), the 10-day moving average at 1.0924 (resistance), the 1.0900 (resistance) and 1.0819 (support).

The euro declined against the dollar in the last working day of 2015. The single currency broke the neutral move and lost significant ground against the dollar. If bearish sentiment continue in the future, the support at 1.0795 will be overcome. Thursday session started at 1.0930 and the negative trend became prevalent around noon. It continued to the very end and thus the price of closure coincided with the lowest value for the day - 1.0858.

EUR/USD is currently testing the support at 1.0853, if it breaks below that level we can likely expect a further move to 1.0800, perhaps 1.0750.

victoriajensen posted:
 EUR/USD is currently testing the support at 1.0853, if it breaks below that level we can likely expect a further move to 1.0800, perhaps 1.0750.

This is what i have in mind too, but it seems that the 1.0750 unreachable today.