EUR/USD
Member Since Jul 10, 2014
1117 posts
Aug 10, 2017 at 17:05
EUR/USD continues consolidating sideways above 1.1700 and that consolidation might continue until the end of the trading week unless the fundamentals cause some greater volatility.
Member Since Apr 08, 2014
1141 posts
Aug 11, 2017 at 09:22
On yesterday session, the EURUSD initially fell but found enough support to erase all of its losses and managed to close near the high of the day, in addition closed above Wednesday’s high, which suggests a strong bullish momentum.
The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.1976, other daily resistance at 1.1829, the 10-day moving average at 1.1791 (resistance), a daily support at 1.1753, a daily support at 1.1460 and other daily support at 1.1556.
The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.1976, other daily resistance at 1.1829, the 10-day moving average at 1.1791 (resistance), a daily support at 1.1753, a daily support at 1.1460 and other daily support at 1.1556.
"I trade to make money not to be right."
Member Since Oct 02, 2014
909 posts
Aug 11, 2017 at 09:45
This past week the Euro did not do much, maybe a correction is ahead.
Positivity
Member Since Sep 12, 2015
1948 posts
Aug 11, 2017 at 12:52
Was expecting that after news during the week pointing to negative view.
"They mistook leverage with genius".
Member Since Jul 10, 2014
1117 posts
Aug 11, 2017 at 16:33
The fundamentals did push EUR/USD to the upside today, not to mention that the pair formed a pair of hammer candlesticks at 1.1700 on the daily time-frame before the rally. That said, the continuation of the bullish trend will be confirmed if the pair breaks out above the previous high at 1.1910.
Aug 13, 2017 at 16:01
The euro rose against the US dollar on Friday. By the close of US trading, EUR / USD was trading at 1.1822, gaining 0.42%. I believe that support is now at around 1.1687, the minimum of Wednesday, and the resistance is likely to come in at 1.1846, the high of Friday's trading.
Member Since Apr 08, 2014
1141 posts
Aug 14, 2017 at 09:10
On the last Friday’s session the EURUSD rallied with a wide range and closed near the high of the day, in addition the currency pair managed to close above Thursday’s high, which suggests a strong bullish momentum.
The currency pair is now trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.1976, other daily resistance at 1.1829, the 10-day moving average at 1.1794 (support), a daily support at 1.1753, a daily support at 1.1460 and other daily support at 1.1556.
The currency pair is now trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.1976, other daily resistance at 1.1829, the 10-day moving average at 1.1794 (support), a daily support at 1.1753, a daily support at 1.1460 and other daily support at 1.1556.
"I trade to make money not to be right."
Member Since Sep 12, 2015
1948 posts
Aug 14, 2017 at 12:53
csc2009 posted:
Eur/Usd is struggling regain 1.18 level, but downside seems limited. Maybe a chance to buy.
Usually when the index is up cash goes down ,not always but pretty frequent.
"They mistook leverage with genius".
Member Since Jul 10, 2014
1117 posts
Aug 14, 2017 at 15:41
EUR/USD bounced off from 1.1850 and moved to the downside again. Should the pair break out below 1.1775 the next target is likely at 1.1700.
Member Since Apr 08, 2014
1141 posts
Aug 15, 2017 at 09:00
On yesterday session, the EURUSD fell with a narrow range and closed near the low of the day however the currency pair closed within Friday’s range, which suggests being slightly on the bearish side of neutral.
The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.1976, other daily resistance at 1.1829, the 10-day moving average at 1.1780 (resistance), a daily support at 1.1753, a daily support at 1.1460 and other daily support at 1.1556.
The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.1976, other daily resistance at 1.1829, the 10-day moving average at 1.1780 (resistance), a daily support at 1.1753, a daily support at 1.1460 and other daily support at 1.1556.
"I trade to make money not to be right."
Aug 15, 2017 at 12:25
The single currency recorded a decline against the US dollar on Monday. The session started at 1.1820 and, after a steady downward movement, the euro ended at 1.1779. If the price continues to fall, the pair will head for support at 1.1700. On the upside, we can expect a resistance break at 1.1860.
Member Since Sep 12, 2015
1948 posts
Aug 15, 2017 at 13:41
Eur/USD looks like a nice place to go long after the dip below 17.
"They mistook leverage with genius".
Member Since Jul 10, 2014
1117 posts
Aug 15, 2017 at 16:23
(edited Aug 15, 2017 at 16:25)
EUR/USD tested the support at 1.1690 - 1.1700 once again and although it has bounced off from those levels for now a breakout could lead to another move to the downside towards 1.1650.
