EUR/USD
Sep 29, 2017 at 21:43
The single currency recorded an increase against the US dollar on Thursday. The currency pair opened at 1.1744 and the price bounced back from support at 1.1735. After all, the euro ended at 1.1786 and if the mood swings continue, there will probably be a breakthrough in the first resistance at 1.1910.
Sep 30, 2017 at 19:28
The euro rose against the US dollar on Friday. By the close of US trading, EUR / USD was trading at 1.1818, adding 0.26%. I believe that the support is now located at the level of 1.1717, Wednesday's low and resistance is likely at 1.1962 - Monday's high.
Member Since Jul 12, 2016
78 posts
Oct 01, 2017 at 06:37
Triangle has broken through the resistance line at 29-Sep-05:00 2017 GMT-2. Possible bullish price movement forecast for the next 2 days towards 1.1870.
forex_trader_438458
Member Since Jun 19, 2017
2 posts
Oct 02, 2017 at 06:57
Wait for catalan referendum bullies...
Member Since Apr 08, 2014
1141 posts
Oct 02, 2017 at 09:27
On the last Friday’s session the EURUSD initially rallied but found enough resistance at 1.1829 to trim some of its gains but managed to close near the high of the day, in addition the currency pair closed above Thursday’s high, which suggests a strong bullish momentum.
The currency pair is trading below the 10 and the 50-day moving averages both should provide dynamic resistance however is still trading above the 200-day moving averages that should provide dynamic support.
The key levels to watch are: the 10-day moving average at 1.1865 (resistance), the 50-day moving average at 1.1864 (resistance), a daily resistance at 1.1829, daily support at 1.1753, another daily support at 1.1720 and a key level at 1.1684 (support).
The currency pair is trading below the 10 and the 50-day moving averages both should provide dynamic resistance however is still trading above the 200-day moving averages that should provide dynamic support.
The key levels to watch are: the 10-day moving average at 1.1865 (resistance), the 50-day moving average at 1.1864 (resistance), a daily resistance at 1.1829, daily support at 1.1753, another daily support at 1.1720 and a key level at 1.1684 (support).
"I trade to make money not to be right."
Member Since Apr 08, 2014
1141 posts
Oct 03, 2017 at 09:10
On yesterday session, the EURUSD fell with a wide range and closed near the low of the day, in addition the currency pair managed to close below Friday’s low, which suggests a strong bearish momentum.
The currency pair is trading below the 10 and the 50-day moving averages both should provide dynamic resistance however is still trading above the 200-day moving averages that should provide dynamic support.
The key levels to watch are: the 50-day moving average at 1.1862 (resistance), a daily resistance at 1.1829, the 10-day moving average at 1.1811 (resistance), a daily resistance at 1.1753, another daily support at 1.1720 and a key level at 1.1684 (support).
The currency pair is trading below the 10 and the 50-day moving averages both should provide dynamic resistance however is still trading above the 200-day moving averages that should provide dynamic support.
The key levels to watch are: the 50-day moving average at 1.1862 (resistance), a daily resistance at 1.1829, the 10-day moving average at 1.1811 (resistance), a daily resistance at 1.1753, another daily support at 1.1720 and a key level at 1.1684 (support).
"I trade to make money not to be right."
Oct 03, 2017 at 17:37
The new week brought a success for the dollar, which added 59 pips to its assets assets. At the beginning of the day one euro was exchanged for $1.1790, while at the end of the day the ratio was 1.1731. The rate several times broke the first support at level 1.1735, under pressure from the bears, as after one of the breaks the pair recorded a bottom at 1.1729 level. For the bulls, peak was reached at the level of 1.1815, achieved during the first hours of the session.
Member Since Oct 11, 2013
775 posts
Oct 03, 2017 at 22:15
The EURUSD has found some support at the 1.1700 level, but there is no clear direction on the daily chart. In order for the pair to go back to its bullish trend it must break above the 1.1900 level. On the other hand, a breakdown of the 1.1700 level could open the way for a drop to the 1.1600 or 1.1400 level where we can find the 200 day EMA.
Member Since Apr 08, 2014
1141 posts
Oct 04, 2017 at 08:15
On yesterday session, the EURUSD went back and forward without any clear direction however closed in the green, in the middle of the daily range, in addition the currency pair managed to close within Monday’s range, which suggests being clearly neutral, neither side is showing control.
The currency pair is trading below the 10 and the 50-day moving averages both should provide dynamic resistance however is still trading above the 200-day moving averages that should provide dynamic support.
The key levels to watch are: the 50-day moving average at 1.1861 (resistance), a daily resistance at 1.1829, the 10-day moving average at 1.1793 (resistance), a daily resistance at 1.1753, a daily support at 1.1720 and a key level at 1.1684 (support).
The currency pair is trading below the 10 and the 50-day moving averages both should provide dynamic resistance however is still trading above the 200-day moving averages that should provide dynamic support.
The key levels to watch are: the 50-day moving average at 1.1861 (resistance), a daily resistance at 1.1829, the 10-day moving average at 1.1793 (resistance), a daily resistance at 1.1753, a daily support at 1.1720 and a key level at 1.1684 (support).
"I trade to make money not to be right."
Member Since Jul 10, 2014
1117 posts
Oct 04, 2017 at 13:37
EUR/USD bounced off from 1.1700 and formed a spinning top candlestick on the daily time-frame at that level, suggesting indecision on the market. That is unsurprising, considering the major fundamentals later this week. The pair will likely continue consolidating until then.
Member Since Oct 11, 2013
775 posts
Oct 05, 2017 at 00:43
The EURUSD has stalled between the 1.1700 level as support and the 1.1800 level as resistance. We would just have to wait for a real breakout of any of those levels in order to have a clear entry.
Oct 05, 2017 at 07:16
At the daily chart of the EUR/USD pair, we can see that the tendency reversed several weeks ago, after the price had broken the support level of the ascending channel colored in green. The pair has fixed below 1.1900, which means that the market participants’ sentiment is very “bearish”. The closest level for the price to break in order to continue falling is 1.1700. After the price breaks it, the instrument will continue its decline to reach 1.1425 and then 1.1250.
harvestbig and value to life.
Member Since Apr 08, 2014
1141 posts
Oct 05, 2017 at 08:02
On yesterday session, the EURUSD tried to rally but found enough resistance near the 10-day moving average to trim some of its gains but closed in the green, in the middle of the daily range, in addition the currency pair managed to close within Tuesday’s range, which suggests being clearly neutral, neither side is showing control.
The currency pair is trading below the 10 and the 50-day moving averages both should provide dynamic resistance however is still trading above the 200-day moving averages that should provide dynamic support.
The key levels to watch are: the 50-day moving average at 1.1861 (resistance), a daily resistance at 1.1829, the 10-day moving average at 1.1778 (resistance), a daily resistance at 1.1753, a daily support at 1.1720 and a key level at 1.1684 (support).
The currency pair is trading below the 10 and the 50-day moving averages both should provide dynamic resistance however is still trading above the 200-day moving averages that should provide dynamic support.
The key levels to watch are: the 50-day moving average at 1.1861 (resistance), a daily resistance at 1.1829, the 10-day moving average at 1.1778 (resistance), a daily resistance at 1.1753, a daily support at 1.1720 and a key level at 1.1684 (support).
"I trade to make money not to be right."
