EUR/USD
Členem od Nov 16, 2015
708 příspěvků
Jul 28, 2016 at 21:27
The euro rose against the dollar on Thursday. By the end of the trading session EUR/USD was trading at 1.1076, gaining 0.14%.
I believe that the support is now located at the level of 1.0950, Monday's low, and resistance is likely at 1.1119 - a maximum of today's trading.
I believe that the support is now located at the level of 1.0950, Monday's low, and resistance is likely at 1.1119 - a maximum of today's trading.
Členem od Nov 16, 2015
708 příspěvků
Jul 28, 2016 at 21:28
Tomorrow morning, European banking organization (EBA) will publish the results of stress tests, but the markets are waiting for this event without much interest. EUR/USD reversal points is about the 1.1175/1.1200, where are the highs of the current range.
Členem od May 01, 2015
675 příspěvků
Jul 29, 2016 at 05:13
The single currency marked a modest rise against the US dollar on Thursday. The session started at 1.1057 and closed only 18 pips higher. The graphics continue to develop over the moving averages, while the relative strength index remaine in neutral territory. Should the pair continue to move up, most likely will try test the first resistance at 1.1100.
Členem od Apr 08, 2014
1141 příspěvků
Jul 29, 2016 at 06:47
Yesterday the EURUSD initially rallied but found enough resistance at 1.1097 to trim some of its gains but closed in the green although near the low of the day, in addition managed to close above the previous day high, which suggests a weak bullish momentum.
The pair is trading above the 10-day moving average that is acting as a dynamic support however it continues to trade below the 50 and the 200-day moving averages that are acting as dynamic resistances.
The key levels to watch are: The 50-day moving average at 1.1154 (resistance), the 200-day moving average at 1.1127 (resistance), a daily resistance at 1.1097, the 10-day moving average at 1.1018 (support) and daily support 1.0900.
The pair is trading above the 10-day moving average that is acting as a dynamic support however it continues to trade below the 50 and the 200-day moving averages that are acting as dynamic resistances.
The key levels to watch are: The 50-day moving average at 1.1154 (resistance), the 200-day moving average at 1.1127 (resistance), a daily resistance at 1.1097, the 10-day moving average at 1.1018 (support) and daily support 1.0900.
"I trade to make money not to be right."
Členem od Feb 24, 2016
277 příspěvků
Jul 29, 2016 at 07:42
The EUR/USD is trading somewhat unchanged compared to yesterday's level. The pair is now 1.1094. In a bit more than an hour we have scheduled the EU GDP (YoY). This may create volatility and if it's positive, we might see price going above 1.1130.
Členem od Jul 10, 2014
1117 příspěvků
Jul 29, 2016 at 11:18
I agree - EUR/USD is testing the resistance at 1.1120 - 1.1130 once again after retracing from it yesterday. The question is whether the fundamentals today will push it above that level.
Členem od Apr 09, 2016
421 příspěvků
Jul 30, 2016 at 12:32
The euro rose against the dollar on Friday. At the closing of trading session EUR/USD has traded at 1.1174, gaining 0.88%.
I believe that the support is now located at the level of 1.0950, Monday's low, and resistance is likely at 1.1197 - a maximum of Friday's trading.
I believe that the support is now located at the level of 1.0950, Monday's low, and resistance is likely at 1.1197 - a maximum of Friday's trading.
Členem od Nov 16, 2015
708 příspěvků
Jul 30, 2016 at 13:25
The EUR/USD continued to restore the level of 1.1170, further rise is unlikely for the pair. Particular attention should be paid to the rate of inflation next week, because ECB will be guided by it when adopting additional easing measures at the next meeting.
Členem od Apr 09, 2016
421 příspěvků
Jul 30, 2016 at 13:33
The euro/dollar on Friday afternoon has grown against the background of weak statistics in the United States. The pair ended the day at 11,72. Since the beginning of the trading session the pair rose by 1.4%. The dollar fell because in the second quarter 2016 US GDP was much worse than expected and amounted only 1.2% q/q instead of expected 2.6%.
Členem od Feb 19, 2014
61 příspěvků
Jul 31, 2016 at 06:19
hii eur usd done 1.1160 level this pair still go up or reactment how much please help me some
Členem od May 28, 2016
8 příspěvků
Jul 31, 2016 at 06:54
idimitrov posted:The EUR/USD started rising in the day well before the US GDP outcome (which certainly added a boost) .. Buyers foreseeing the GDP outcome?
The euro/dollar on Friday afternoon has grown against the background of weak statistics in the United States. The pair ended the day at 11,72. Since the beginning of the trading session the pair rose by 1.4%. The dollar fell because in the second quarter 2016 US GDP was much worse than expected and amounted only 1.2% q/q instead of expected 2.6%.
Trading Or Bust
Členem od Oct 11, 2013
775 příspěvků
Aug 01, 2016 at 04:51
Possible break out of the 1.1200 level on the EURUSD but the pair may also bounce to the downside from the current levels.
Členem od May 01, 2015
675 příspěvků
Aug 01, 2016 at 04:53
Euro recorded successful session against the US dollar on Friday. Thus the single currency recovered from losses in the previous session and neared the resistance at 1.1219. If bullish sentiment continue to dominate, it will be broken soon. The session on Friday opened at 1.0972 and the the euro gained 205 pips to the end of the session. In early trading hours the trend was neutral, but the direction was changed in the afternoon and the pair reached intraday high at 1.1196.
Členem od Feb 24, 2016
277 příspěvků
Aug 01, 2016 at 05:50
The EUR/USD is trading higher since Wednesday last week when the FED decided not to raise the interest rate. The pair went from 1.0961 to a high of 1.1197 in less than three days. today the pair is trading at 1.1175 as the trend is looking slightly exhausted.
Členem od Aug 01, 2016
10 příspěvků
Aug 01, 2016 at 06:01
I see that Euro getting much stronger is the FED's monetary policy doesn't change, JP Morgan seems to agree. Friday's article is a good read.
Losing is the only way to learn.
Členem od May 28, 2016
8 příspěvků
Aug 01, 2016 at 08:42
coding101 posted:I believe there are also some worried about the extent of the recovery after the disappointing GDP.. WSJ also had a good article about it. Nevertheless I also believe there is no clear indication on where is heading the pair nowadays.
I see that Euro getting much stronger is the FED's monetary policy doesn't change, JP Morgan seems to agree. Friday's article is a good read.
Trading Or Bust
Členem od Dec 11, 2015
1487 příspěvků
Aug 01, 2016 at 09:32
The lack of clear direction is hardly recent, EUR/USD has been consolidating sideways since March 2015.
Členem od Jul 10, 2014
1117 příspěvků
Aug 01, 2016 at 10:40
EUR/USD retraced from the resistance at 1.1200 and reached 1.1160, which is (MA)89 on the daily time frame, but the pair will likely continue moving to the upside and test 1.1200 once again. A breakout above that level will probably lead to a further move to the upside towards 1.1230.
Členem od Apr 09, 2014
834 příspěvků
Aug 01, 2016 at 23:58
The pair is in the consolidation mood, very tight range. Support level can be found at 1.1150 and on the upside 1.120 is still a strong resistance level. Market attention will turn to the RBA this Tuesday and the BOE on Thursday.
Členem od May 01, 2015
675 příspěvků
Aug 02, 2016 at 04:45
The euro marked a neutral session against the US dollar on Monday. The single currency remained at the high levels since the end of last week, but couldn’t break the resistance at 1.1219.
