EUR/USD
Mitglied seit Jul 10, 2014
1117 Posts
Nov 13, 2017 at 18:52
EUR/USD continues consolidating around 1.1660 - 1.1680 although both the doji and the hammer candlesticks on the weekly time-frame at the support at 1.1580 are signals for a likely move to the upside.
Mitglied seit Apr 08, 2014
1141 Posts
Nov 14, 2017 at 10:22
On yesterday session, the EURUSD initially fell but found enough support near the 10-day moving average to trim all of its losses and closed near the high of the day, however the currency pair managed to close within Friday’s range, which suggests being slightly on the bullish side of neutral.
The currency pair is trading below the 50-day moving average that should provide dynamic resistance however is trading above the 10 and the 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1630 (support), the 1st head and shoulders target at 1.1593 (support), a daily support at 1.1558 and other daily support at 1.1460.
The currency pair is trading below the 50-day moving average that should provide dynamic resistance however is trading above the 10 and the 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1630 (support), the 1st head and shoulders target at 1.1593 (support), a daily support at 1.1558 and other daily support at 1.1460.
"I trade to make money not to be right."
Nov 14, 2017 at 17:33
The euro registered a neutral session against the dollar on Monday. The single currency starts a new week without a substantial change in price. The pair stayed at the higher levels on Friday and if the bullish moods prevail again, the resistance at 1.1782 will be tested. Trading started at 1.1654, and the final was 12 pips higher. Peak for the day was reached at 1.1674.
Mitglied seit Jul 10, 2014
1117 Posts
Nov 14, 2017 at 18:31
EUR/USD finally broke out above the resistance at 1.1680 and it is still very bullish. A breakout above 1.1800 as well could lead to a further move to the upside towards 1.1870.
Mitglied seit Sep 12, 2015
1948 Posts
Nov 14, 2017 at 18:43
Index is finding a bottom so be careful at 18
"They mistook leverage with genius".
Mitglied seit Apr 08, 2014
1141 Posts
Nov 15, 2017 at 09:29
On yesterday 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 Monday’s high, which suggests a strong bullish momentum.
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: daily resistance 1.2041, a Key level at 1.1880 (resistance), a daily resistance at 1.1829 (resistance), the 50-day moving average at 1.1750 (support), a daily support at 1.1753 and a key level at 1.1684 (support).
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: daily resistance 1.2041, a Key level at 1.1880 (resistance), a daily resistance at 1.1829 (resistance), the 50-day moving average at 1.1750 (support), a daily support at 1.1753 and a key level at 1.1684 (support).
"I trade to make money not to be right."
Mitglied seit Jul 10, 2014
1117 Posts
Nov 15, 2017 at 19:08
EUR/USD bounced off from 1.1860. Now the question is whether this is the end of the move to the upside or the pair will break out above that level. A breakout could lead to a new rally to 1.1900 or even to 1.2000.
Mitglied seit Apr 08, 2014
1141 Posts
Nov 16, 2017 at 09:35
On yesterday session, the EURUSD tried to rally but found enough selling pressure to erase all of its initial gains and closed near the low of the day, however the currency pair managed to close within Tuesday’s range, which suggests being slightly on the bearish side of neutral.
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: daily resistance 1.2041, a Key level at 1.1880 (resistance), a daily resistance at 1.1829 (resistance), the 50-day moving average at 1.1745 (support), a daily support at 1.1753 and a key level at 1.1684 (support).
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: daily resistance 1.2041, a Key level at 1.1880 (resistance), a daily resistance at 1.1829 (resistance), the 50-day moving average at 1.1745 (support), a daily support at 1.1753 and a key level at 1.1684 (support).
"I trade to make money not to be right."
Mitglied seit Jul 10, 2014
1117 Posts
Nov 16, 2017 at 18:42
EUR/USD bounced off from 1.1860 and considering the shooting star candlestick on the daily time-frame at that level it could retrace back to the support at 1.1670, but only a breakout below that level would mean that the overall move to the upside is over.
Mitglied seit Apr 08, 2014
1141 Posts
Nov 17, 2017 at 09:31
On yesterday session, the EURUSD went back and forward without any clear direction and closed in the middle of the daily range, in addition the currency pair managed to close within Wednesday’s range, which suggests being clearly neutral, neither side is showing control.
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: daily resistance 1.2041, a Key level at 1.1880 (resistance), a daily resistance at 1.1829 (resistance), a daily support at 1.1753, the 50-day moving average at 1.1743 (support) and a key level at 1.1684 (support).
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: daily resistance 1.2041, a Key level at 1.1880 (resistance), a daily resistance at 1.1829 (resistance), a daily support at 1.1753, the 50-day moving average at 1.1743 (support) and a key level at 1.1684 (support).
"I trade to make money not to be right."
Nov 17, 2017 at 09:43
The euro fell slightly against the dollar on Thursday. So the pair stayed at the higher levels that were reached two days ago. If bulls prevail, the resistance at 1.1878 will be tested. Trading started at 1.1790 and the final was 21 pips down. The session was calm without significant price changes. The bottom of the day was hit at 1.1756.
Mitglied seit Jul 10, 2014
1117 Posts
Nov 18, 2017 at 15:13
(bearbeitet Nov 18, 2017 at 15:14)
EUR/USD started consolidating below 1.1800 before the market closed on Friday, the question now is whether it will keep rallying despite the shooting star candlestick on the daily time-frame at 1.1860 or there will be a new move to the downside.
Mitglied seit Apr 08, 2014
1141 Posts
Nov 20, 2017 at 08:56
On the last Friday’s session the EURUSD rallied with a wide range but found enough selling pressure near 1.1829 daily resistance to erase some of its gains and closed in the middle of the daily range, in addition the currency pair managed to close within Thursday’s range, which suggests being clearly neutral, neither side is showing control.
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: daily resistance 1.2041, a Key level at 1.1880 (resistance), a daily resistance at 1.1829 (resistance), a daily support at 1.1753, the 50-day moving average at 1.1743 (support) and a key level at 1.1684 (support).
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: daily resistance 1.2041, a Key level at 1.1880 (resistance), a daily resistance at 1.1829 (resistance), a daily support at 1.1753, the 50-day moving average at 1.1743 (support) and a key level at 1.1684 (support).
"I trade to make money not to be right."
