EUR/USD
forex_trader_199815
Member Since Jul 17, 2014
112 posts
Jun 06, 2016 at 13:57
Spackelspade posted:
Upp to 1.13714 then down
i agree with you bro..
Member Since Jul 10, 2014
1117 posts
Jun 06, 2016 at 16:03
EUR/USD is consolidating after the big move to the upside last Friday. The pair is testing the resistance at 1.1370 and it may be forming a double top there, but it's too early to tell.
Member Since Oct 11, 2013
775 posts
Jun 06, 2016 at 17:46
The EURUSD loses some steam and it may try to correct to the downside, but the Dollar needs to strengthen in order for the pair to do that. For now there are no fundamentals supporting the Dollar.
Jun 07, 2016 at 04:43
Yesterday the euro remained unchanged against the dollar at a level of 1.1352. The pair failed to overcome the psychological resistance at 1.1400, while the euro found support at 1.1326. Technically the bulls will dominate. Support is located at 1.330 and resistance at 1.1465.
Member Since Apr 08, 2014
1141 posts
Jun 07, 2016 at 06:39
Yesterday EURUSD went back and forward without any clear direction but still closed in the red, in the middle of the daily range, in addition managed to close within the previous day range, which suggests clearly neutral market, neither side is showing control.
The pair is trading above the 10, 50 and 200-day moving averages that are acting as dynamic supports.
The key levels to watch are: A daily resistance at 1.1556, other daily resistance at 1.1460, the 50-day moving average at 1.1302 (support) and a daily support at 1.1237.
The pair is trading above the 10, 50 and 200-day moving averages that are acting as dynamic supports.
The key levels to watch are: A daily resistance at 1.1556, other daily resistance at 1.1460, the 50-day moving average at 1.1302 (support) and a daily support at 1.1237.
"I trade to make money not to be right."
Jun 07, 2016 at 13:14
EUR/USD is trading lower today after the speech of FED's Yellen. Key remarks highlighted in her talk were the strengths of the US economy and the reason for such a low jobs report. She emphasized how traders and investors should not overreact to a single report. This appers to have worked, as the US dollar is stronger today.
Jun 07, 2016 at 15:01
The dollar slowed its decline after the statement of Janet Yellen. Fed chairman said that currently central bank policy is appropriate, but over time interest rates will rise. Yellen also said that it expects inflation to move towards the 2% target over the next few years. For NFP last week, Fed Chairman said that they were 'disappointing'.
Member Since Jul 10, 2014
1117 posts
Jun 07, 2016 at 16:09
EUR/USD formed a doji candlestick on the daily time frame below 1.1400 and consolidation continues for now. We'll likely see a move to the downside to 1.1300 again.
Member Since Oct 11, 2013
775 posts
Jun 08, 2016 at 02:19
The bullish momentum has been lost in the EURUSD, even though it stays around the 1.1400 zone, it may go in any direction.
Jun 08, 2016 at 05:48
Yesterday EUR/USD was trading in a narrow range for a second day in a row and the single currency remained almost unchanged at a level of 1.1355. The daily high was reached at 1.1379and the low at 1.1338. The current consolidation might test the psychological level at 1.1400.
Jun 08, 2016 at 06:33
EUR/USD was indecisive yesterday. Commercial bias remains bullish in nearest term for testing 1.1470. Support for the day remains 1.1285. A clear break and daily close below this level could become a threat to the bullish scenario re-testing the lower line of the bullish channel, but I still prefer a bullish scenario at this stage.
Member Since Apr 08, 2014
1141 posts
Jun 08, 2016 at 06:36
Yesterday EURUSD went back and forward without any clear direction but still closed in the red, in the middle of the daily range, in addition managed to close within the previous day range, which suggests clearly neutral market, neither side is showing control.
Looks like EURUSD is in compression mode due to the narrow ranges that is making since Monday and to the inside day that it made yesterday. So get ready for an expansion day in the few days to come.
The pair is trading above the 10, 50 and 200-day moving averages that are acting as dynamic supports.
The key levels to watch are: A daily resistance at 1.1556, other daily resistance at 1.1460, the 50-day moving average at 1.1301 (support) and a daily support at 1.1237.
Looks like EURUSD is in compression mode due to the narrow ranges that is making since Monday and to the inside day that it made yesterday. So get ready for an expansion day in the few days to come.
The pair is trading above the 10, 50 and 200-day moving averages that are acting as dynamic supports.
The key levels to watch are: A daily resistance at 1.1556, other daily resistance at 1.1460, the 50-day moving average at 1.1301 (support) and a daily support at 1.1237.
"I trade to make money not to be right."
Jun 08, 2016 at 10:54
Euro/dollar had another indecisive movement yesterday. Short-term expectations remain bullish for testing 1.1470. Immediate support is seen at 1.1285, as break and daily close below it could become a threat to the bullish scenario re-testing the lower line of the bullish channel, but still it is preferable scenario up at this stage.
