EUR/USD
Apr 10, 2018 at 09:44
The single currency recorded a positive session against the US dollar on Monday. The currency pair opened at 1.2283 and the price bounced from the first support at 1.2260. After all, the euro ended at 1.2320 and if bullish sentiment continues, perhaps there will be a resistance test at 1.2370.
Member Since Dec 10, 2017
210 posts
Apr 10, 2018 at 11:22
The euro/dollar had another minor move past week. On the weekly chart, we have 6 consecutive unspecified candles indicating a volatile market. Short-term expectations remain downwards for testing 1.2175. This region is a good for placing long positions with narrow stops of loss. Immediate resistance is 1.2320. A clear break above this level could lead to future upward pressure testing 1.2385. Intraday support we have at 1.2220, whose breakthrough can cause downward pressure to test 1.2175. Only a clear break under 1.2175, however, will end the major bullish prospects.
Member Since Apr 08, 2014
1141 posts
Apr 11, 2018 at 10:06
On yesterday session, the EURUSD went back and forward without any clear direction but managed to close near the high of the day, in addition closed above Mondays’ high, which suggests a strong bullish momentum.
The currency pair is trading above the 10, the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (resistance), the 50-day moving average at 1.2331 (support), the 10-day moving average at 1.2302 (support), a daily support at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).
The currency pair is trading above the 10, the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (resistance), the 50-day moving average at 1.2331 (support), the 10-day moving average at 1.2302 (support), a daily support at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).
"I trade to make money not to be right."
Member Since Feb 11, 2018
232 posts
Apr 11, 2018 at 13:43
Eurusd spot1.2372
Still in a consolidation mode.
Close above 1.2435 will re-test at least 1.2537.
Below 1.2214 will argue for a long term uptrend eroded.
Still in a consolidation mode.
Close above 1.2435 will re-test at least 1.2537.
Below 1.2214 will argue for a long term uptrend eroded.
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Member Since Feb 11, 2018
232 posts
Apr 12, 2018 at 06:53
o change to the triangle consolidation view.
If today close above 1.2394/2400 will be the first sign of uptrend acceleration.
Close below 1.2337 will be the first pullback sign.
If today close above 1.2394/2400 will be the first sign of uptrend acceleration.
Close below 1.2337 will be the first pullback sign.
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Member Since Apr 08, 2014
1141 posts
Apr 12, 2018 at 09:27
On yesterday session, the EURUSD initially rose but found enough selling pressure to trim most of its gains but closed in the green, in the middle of the daily range, in addition managed to close within Tuesdays’ range, which suggests being clearly neutral, neither side is showing control.
The currency pair is trading above the 10, the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (resistance), the 50-day moving average at 1.2330 (support), the 10-day moving average at 1.2302 (support), a daily support at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).
The currency pair is trading above the 10, the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (resistance), the 50-day moving average at 1.2330 (support), the 10-day moving average at 1.2302 (support), a daily support at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).
"I trade to make money not to be right."
Member Since Aug 16, 2016
26 posts
Apr 12, 2018 at 13:32
The key point for EUR/USD H4.
The price touched 1.2328 support and will now form a correction between the upper limit of the downtrend and the bottom of the upward (higher) trend.
If the upper limit of the downtrend is broken, then we can talk about the continuation of the uptrend. If the price breaks the lower level of the uptrend, then there will be a continuation of the trend down to the level of 1.2240
The price touched 1.2328 support and will now form a correction between the upper limit of the downtrend and the bottom of the upward (higher) trend.
If the upper limit of the downtrend is broken, then we can talk about the continuation of the uptrend. If the price breaks the lower level of the uptrend, then there will be a continuation of the trend down to the level of 1.2240
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Apr 13, 2018 at 07:11
I believe the EU has found support and we should be heading to 1.2394 and if we close strongly above that for 1.2504,God-willing.The TA is backed by Fri NFP and the EUR news today in my view.
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Member Since Feb 11, 2018
232 posts
Apr 13, 2018 at 07:20
EURUSD
Still in the triangle consolidation mode.
But a potential non-classic evening star is falgged on daily chart.
Also RSI failed to break the downtrend line.
We see potential short term downside risk.
If so, today will not touch or close above 1.2354/61 and ideally close below 1.2296.
Still in the triangle consolidation mode.
But a potential non-classic evening star is falgged on daily chart.
Also RSI failed to break the downtrend line.
We see potential short term downside risk.
If so, today will not touch or close above 1.2354/61 and ideally close below 1.2296.
Attachments:
Member Since Apr 08, 2014
1141 posts
Apr 13, 2018 at 08:57
On yesterday session, the EURUSD fell with a wide range but found enough support near the 10-day moving average to trim some of its losses although closed near the low of the day, in addition managed to close below Wednesday’s low, which suggests a bearish momentum.
The currency pair trading below the 50-day moving average that should provide dynamic resistance however, it is trading above the 10 and the 200-day moving average that should provide dynamic support.
The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (resistance), the 50-day moving average at 1.2330 (resistance), the 10-day moving average at 1.2305 (support), a daily support at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).
The currency pair trading below the 50-day moving average that should provide dynamic resistance however, it is trading above the 10 and the 200-day moving average that should provide dynamic support.
The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (resistance), the 50-day moving average at 1.2330 (resistance), the 10-day moving average at 1.2305 (support), a daily support at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).
"I trade to make money not to be right."
Member Since Oct 02, 2014
909 posts
Apr 13, 2018 at 14:36
The EUR/USD did not react much to the US data published today. I expect it to continue trading to the upside with first bull target at 1.2386.
Positivity
Member Since Feb 11, 2018
232 posts
Apr 16, 2018 at 07:18
EURUSD
Still consolidated in the triagle.
Last Friday price failed to touch or close above 1.2354/61 , but also failed to close below 1.2296.
Short term turned neutral.
If today close above current level (spot 1.2334), will generate a moderate daily buy signal according to my system.
I have closed 80% of my short position, look to add or reverse when the trend confirmed.
Still consolidated in the triagle.
Last Friday price failed to touch or close above 1.2354/61 , but also failed to close below 1.2296.
Short term turned neutral.
If today close above current level (spot 1.2334), will generate a moderate daily buy signal according to my system.
I have closed 80% of my short position, look to add or reverse when the trend confirmed.
Attachments:
Member Since Apr 08, 2014
1141 posts
Apr 16, 2018 at 08:23
On the last Friday’s session, the EURUSD went back and forward without any clear direction but closed in the middle of the daily range, in addition managed to close within Thursday’s range, which suggests being clearly neutral, neither side is showing control.
The currency pair trading below the 50-day moving average that should provide dynamic resistance however, it is trading above the 10 and the 200-day moving average that should provide dynamic support.
The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (resistance), the 50-day moving average at 1.2328 (resistance), the 10-day moving average at 1.2304 (support), a daily support at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).
The currency pair trading below the 50-day moving average that should provide dynamic resistance however, it is trading above the 10 and the 200-day moving average that should provide dynamic support.
The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (resistance), the 50-day moving average at 1.2328 (resistance), the 10-day moving average at 1.2304 (support), a daily support at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).
"I trade to make money not to be right."
Member Since Feb 11, 2018
232 posts
Apr 17, 2018 at 06:07
AUDUSD
After the daily shooting satr candle, Aussie is consolidated about the downtrend channel from January.
However, price already close above 200 week ma.
Also we see some positive signs on daily MACD and weekly oscillator.
Although it's too early to call a major trend reversal, I still suspect the uptrend is not over yet.
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After the daily shooting satr candle, Aussie is consolidated about the downtrend channel from January.
However, price already close above 200 week ma.
Also we see some positive signs on daily MACD and weekly oscillator.
Although it's too early to call a major trend reversal, I still suspect the uptrend is not over yet.
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Member Since Feb 11, 2018
232 posts
Apr 17, 2018 at 06:07
EURUSD
Still consolidated in the triagle, but already close above daily Ichimoku kijun-sen.
According to my system, we have daily buy signal and weekly sell signal, overall neutral bias.
If today close below 1.2349/40 will be the first pullback sign.
Still consolidated in the triagle, but already close above daily Ichimoku kijun-sen.
According to my system, we have daily buy signal and weekly sell signal, overall neutral bias.
If today close below 1.2349/40 will be the first pullback sign.
Attachments:
Member Since Apr 08, 2014
1141 posts
Apr 17, 2018 at 09:06
On yesterday session, the EURUSD rallied with a wide range and closed near the high of the day, in addition managed to close above Friday’s high, which suggests a strong bullish momentum.
The currency pair is trading above the 10, the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (resistance), the 10-day moving average at 1.2334 (support), the 50-day moving average at 1.2323 (support), a daily support at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).
The currency pair is trading above the 10, the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (resistance), the 10-day moving average at 1.2334 (support), the 50-day moving average at 1.2323 (support), a daily support at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).
"I trade to make money not to be right."
Member Since Aug 16, 2016
26 posts
Apr 18, 2018 at 06:33
The US dollar is in an uncertain technical situation. In addition, it is pressured by the circumstances of the Syria conflict and Trump's statements about Russia and China of devaluing their currencies.
In the near future, there may be volatility according to an uptrend. However, at the same time, the possibility of testing 1.2330 remains.
I see resistance at 1.2440, if the resumption of growth.
RSI showed near 70 value, which means a higher probability to fall.
In the near future, there may be volatility according to an uptrend. However, at the same time, the possibility of testing 1.2330 remains.
I see resistance at 1.2440, if the resumption of growth.
RSI showed near 70 value, which means a higher probability to fall.
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Member Since Jul 22, 2013
216 posts
Apr 18, 2018 at 06:35
main target based on DAX index - 1,2600
after possible we get correction to 1,23 .. 1,2200
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SNF-Complex system - build in 2007 \ Tested from 1970.
Member Since Feb 11, 2018
232 posts
Apr 18, 2018 at 07:05
EURUSD: Quiet in the triangle
Yesterday EURUSD consolidated in the triangle within an 80 pips' range.
From an Elliottwave perspective, we still could not label the recent high of 1.2413 as wave d.
But daily oscillator already at the top of range.
We'll try to play short term extremes and wait for better opportunities.
If today close above 1.2410, that will indicate the uptrend acceleration.
Close below 1.2343 will be the first pullback sign.
EURUSD Trade Idea:
Sell limit @ 1.2424 stop 1.2461 for 1.2353
Yesterday EURUSD consolidated in the triangle within an 80 pips' range.
From an Elliottwave perspective, we still could not label the recent high of 1.2413 as wave d.
But daily oscillator already at the top of range.
We'll try to play short term extremes and wait for better opportunities.
If today close above 1.2410, that will indicate the uptrend acceleration.
Close below 1.2343 will be the first pullback sign.
EURUSD Trade Idea:
Sell limit @ 1.2424 stop 1.2461 for 1.2353
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