EUR/USD
Mitglied seit Oct 11, 2013
775 Posts
Jan 19, 2016 at 23:02
It seems like only very good or very bad news can make the EURUSD leave the consolidation area around the 1.0900 level. Lets see how it reacts to the upcoming fundamentals.
Mitglied seit Sep 12, 2015
1948 Posts
Jan 20, 2016 at 00:19
My student caught 60 points today out of 80 on eur/usd,her training is paying off.
"They mistook leverage with genius".
Jan 20, 2016 at 08:24
The euro recorded a modest increase against the US Dollar on Tuesday. The session started at 1.0890 ended just 16 pips higher. Daily extreme values were reached respectively at 1.0859 and 1.0938. If the euro continues to move upward, we can expect an attempt to test the first resistance at 1.0975.
Mitglied seit Apr 08, 2014
1141 Posts
Jan 20, 2016 at 08:48
On yesterday session the EURUSD went back and forward without any clear direction but closed in the green, in the middle of the daily range, in addition managed to close within the previous day range, suggesting that the pair should continue with the consolidation.
The pair closed above the 10 and the 50-day moving averages that are acting as a dynamic support.
The key levels to watch are: 200-day moving average at 1.1047 (resistance), previous swing high at 1.0984 (resistance), 10-day moving average at 1.0898 (support), the 50-day moving average at 1.0844 (support) and the last swing low at 1.0805 (Support).
The pair closed above the 10 and the 50-day moving averages that are acting as a dynamic support.
The key levels to watch are: 200-day moving average at 1.1047 (resistance), previous swing high at 1.0984 (resistance), 10-day moving average at 1.0898 (support), the 50-day moving average at 1.0844 (support) and the last swing low at 1.0805 (Support).
"I trade to make money not to be right."
Mitglied seit Jul 10, 2014
1117 Posts
Jan 20, 2016 at 17:18
EUR/USD is testing 1.0900 again, but I don't see it falling past 1.0860 before the ECB press-conference tomorrow.
Mitglied seit Jun 08, 2014
454 Posts
Jan 20, 2016 at 18:38
For more than a week there is no chance on the EUR/USD, The trading range is tight and the pair is trading sideways.
Jan 20, 2016 at 21:18
EUR/USD rose on Tuesday, staying near month peak against the backdrop of ever more likely that the Federal Reserve may slow the second rise in interest rates after the International Monetary Fund lowered its global economic growth forecasts for the year.
Mitglied seit Dec 07, 2015
3 Posts
Jan 21, 2016 at 08:03
sherifFares posted:
For more than a week there is no chance on the EUR/USD, The trading range is tight and the pair is trading sideways.
I guess you can still try to trade within the range (buy low, sell high) if you want to stick with EURUSD. But not something I do myself.
As I found there are so many other pairs trending so well. :)
Jan 21, 2016 at 08:23
On Wednesday session the single currency recorded a modest decline against the US dollar. After a volatile session the euro lost 18 pips. The pair failed to break the range in which was traded recently. A significant challenge for the pair downwards appear at levels 1.0854 and a possible breakthrough will enable the continuous decrease.
Mitglied seit Apr 08, 2014
1141 Posts
Jan 21, 2016 at 09:05
On yesterday session the EURUSD initially tried to rise but found enough resistance at the previous swing high at 1.0984 to reverse and close in the red, near the low of the day, in addition managed to close within the previous day range, suggesting that the pair should continue with the consolidation.
The pair closed above the 10 and the 50-day moving averages that are acting as a dynamic support.
The key levels to watch are: 200-day moving average at 1.1046 (resistance), previous swing high at 1.0984 (resistance), 10-day moving average at 1.0891 (support), the 50-day moving average at 1.0848 (support) and the last swing low at 1.0805 (Support).
The pair closed above the 10 and the 50-day moving averages that are acting as a dynamic support.
The key levels to watch are: 200-day moving average at 1.1046 (resistance), previous swing high at 1.0984 (resistance), 10-day moving average at 1.0891 (support), the 50-day moving average at 1.0848 (support) and the last swing low at 1.0805 (Support).
"I trade to make money not to be right."
Mitglied seit Sep 12, 2015
1948 Posts
Jan 21, 2016 at 13:23
No change in the numbers,we will see what Mario has to say,I expect more downside risk than upside.
"They mistook leverage with genius".
Mitglied seit Oct 02, 2014
909 Posts
Jan 21, 2016 at 15:01
I was expecting 1.03 by the end of the month. Man.
Positivity
forex_trader_278441
Mitglied seit Oct 04, 2015
52 Posts
Jan 21, 2016 at 15:20
Nice impacts during the ECB press conference!
(still can't believe that 'Kieran' missed it :) ! )
😲
(still can't believe that 'Kieran' missed it :) ! )
😲
Mitglied seit Jul 10, 2014
1117 Posts
Jan 21, 2016 at 15:26
EUR/USD fell to 1.0780 and bounced off that support again. We can likely expect a new move to the upside towards 1.0900.
Jan 21, 2016 at 17:58
The dollar remained almost unchanged against the other major currencies on Wednesday, even after disappointing US economic data and concerns over declining oil prices continued to support the yen and Swiss franc. EUR/USD ended slightly lower at 1.0889.
Jan 21, 2016 at 18:20
The ECB announcement shock the EUR/USD out of it's coma and dropped it under the daily support at 1.0806 but it bounced over Fibonacci support at 1.0845, I see that the pair will stay under this level while the US data supporting the Dollar.
