EUR/USD
Miembro desde Apr 08, 2014
posts 1141
Jul 12, 2018 at 07:47
On yesterday session, the EURUSD fell with a wide range and closed near the low of the day, in addition, managed to close below Tuesdays’ low, which suggests a strong bearish momentum.
The currency pair closed below the 10 and the 50-day moving averages, both should provide a dynamic resistance, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.
The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, the 10-day moving average at 1.1696 (resistance), the 50-day moving average at 1.1688 (resistance), a key level at 1.1684 (resistance), a daily support at 1.1555 and year-to-date low at 1.1509 (support).
The currency pair closed below the 10 and the 50-day moving averages, both should provide a dynamic resistance, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.
The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, the 10-day moving average at 1.1696 (resistance), the 50-day moving average at 1.1688 (resistance), a key level at 1.1684 (resistance), a daily support at 1.1555 and year-to-date low at 1.1509 (support).
"I trade to make money not to be right."
Miembro desde Dec 10, 2017
posts 210
Jul 12, 2018 at 14:06
Euro / dollar had momentum down yesterday, making the bottom at 1.1665. The signals are bearish so far, with targets in the area of 1.1600. The first resistance is at 1.1700. A clear break above this level can take the price to a neutral zone with a test of 1.1750 / 65. Downwards, a clear breakthrough and daily closure below 1.1600 will clear the way down to rethink key support 1.1508 / 00.
Miembro desde Sep 12, 2015
posts 1948
Jul 12, 2018 at 16:18
Nice move earlier off 16550 area daily profit 2% on this trade ,next 17 needs to be broken with support.
"They mistook leverage with genius".
Miembro desde Dec 10, 2017
posts 210
Jul 13, 2018 at 08:01
The euro / dollar did not make a substantial move yesterday. Overall, the price still holds the downside, but stays in range between 1.1695 and 1.1650. Although the technical goal of the H & S formation has been reached, I still prefer the bearish scenario. And I expect a clear break below 1.1650 to resume the bearish sentiment with the nearest 1.1600 target. On the upside, a clear break back above 1.1695 should become a serious threat to the bearish scenario for testing at 1.1725 / 50. On the downside, a clear break and a daily / weekly close below 1.1600 will take the price to re-testing key support 1.1508 / 00 next week.
Jul 13, 2018 at 08:36
The single currency recorded a slight decline against the US dollar on Thursday. The currency pair opened at 1.1672 and ended at 1.1669. The euro remained in the range throughout the day, not finding a single direction. After breaking the support at 1.1679, we would expect the price to test the 1.1630 level.
Miembro desde Apr 08, 2014
posts 1141
Jul 13, 2018 at 08:40
On yesterday session, the EURUSD went back and forward without any clear directions, although closed in the middle of the daily range, in addition, managed to close within Wednesday’s range, which suggests being clearly neutral.
The currency pair closed below the 10 and the 50-day moving averages, both should provide a dynamic resistance, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.
The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, the 10-day moving average at 1.1694 (resistance), the 50-day moving average at 1.1684 (resistance), a key level at 1.1684 (resistance), a daily support at 1.1555 and year-to-date low at 1.1509 (support).
The currency pair closed below the 10 and the 50-day moving averages, both should provide a dynamic resistance, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.
The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, the 10-day moving average at 1.1694 (resistance), the 50-day moving average at 1.1684 (resistance), a key level at 1.1684 (resistance), a daily support at 1.1555 and year-to-date low at 1.1509 (support).
"I trade to make money not to be right."
Miembro desde Oct 02, 2014
posts 909
Jul 13, 2018 at 18:21
Tough week, i'm more likely to be bearish next week, the US dollar seems strong.
Positivity
Miembro desde Apr 08, 2014
posts 1141
Jul 16, 2018 at 08:54
On the last Friday’s session, the EURUSD initially fell with a wide range but found enough buying pressure to trim all of its losses and manage to close near the high of the day, however, closed within Thursday’s range, which suggests being slightly on the bullish side of neutral.
The currency pair is trading below the 10 and the 50-day moving averages, both should provide a dynamic resistance, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.
The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, the 10-day moving average at 1.1706 (resistance), a key level at 1.1684 (resistance), the 50-day moving average at 1.1681 (resistance), a daily support at 1.1555 and year-to-date low at 1.1509 (support).
The currency pair is trading below the 10 and the 50-day moving averages, both should provide a dynamic resistance, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.
The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, the 10-day moving average at 1.1706 (resistance), a key level at 1.1684 (resistance), the 50-day moving average at 1.1681 (resistance), a daily support at 1.1555 and year-to-date low at 1.1509 (support).
"I trade to make money not to be right."
Jul 16, 2018 at 10:47
hello traders,I posted last week July 9th at 8:47 am:
'For EURUSD in the present circumstances,I see that it has reached upward profit taking higher time frame projections and is setting to drop by at least 160 pips or more this week.'.It dropped like 180 pips.
As for this week,my view is that it should drop for about 180 pips too,God-willing.Though,there was a positive USD news last Friday which simply served to rally price up as end of the week pullback.I believe that we are set to drop this week again God-willing given the emerging sell trade setup.My idea is to keep taking profit down to 1.1515 for the week God-wiling.1.1615 is a good point to take some profits today or tomorrow,God-willing.
'For EURUSD in the present circumstances,I see that it has reached upward profit taking higher time frame projections and is setting to drop by at least 160 pips or more this week.'.It dropped like 180 pips.
As for this week,my view is that it should drop for about 180 pips too,God-willing.Though,there was a positive USD news last Friday which simply served to rally price up as end of the week pullback.I believe that we are set to drop this week again God-willing given the emerging sell trade setup.My idea is to keep taking profit down to 1.1515 for the week God-wiling.1.1615 is a good point to take some profits today or tomorrow,God-willing.
to turn humble investments into huge fortune with minimal risk ...
Miembro desde Apr 08, 2014
posts 1141
Jul 17, 2018 at 08:55
On yesterday session, the EURUSD rallied with a narrow 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 closed above the 10 and the 50-day moving averages, both should provide a dynamic support, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.
The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, the 10-day moving average at 1.1713 (support), a key level at 1.1684 (support), the 50-day moving average at 1.1681 (support), a daily support at 1.1555 and year-to-date low at 1.1509 (support).
The currency pair closed above the 10 and the 50-day moving averages, both should provide a dynamic support, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.
The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, the 10-day moving average at 1.1713 (support), a key level at 1.1684 (support), the 50-day moving average at 1.1681 (support), a daily support at 1.1555 and year-to-date low at 1.1509 (support).
"I trade to make money not to be right."
Jul 17, 2018 at 16:51
The euro advanced insignificantly against the dollar on Monday. The single currency justified the positive expectations, although the pair failed to break the key level. If the bullish moods continue in the future, the resistance at 1.1758 will be overcome. The session started at a price of 1.1689 and the euro gained 21 pips to the final. The peak of the day was 1.1725.
Miembro desde Dec 10, 2017
posts 210
Jul 17, 2018 at 17:37
Euro / dollar made a moderate upward movement yesterday, sliding over 1.1695 and hitting 1.1725. The technical objective of the H & S figure has been reached, so the upward pressure should not be a surprise. Intraday support is 1.1695. A clear break back below it could take the price to a neutral trading area with testing the support of 1.1650. It should be clearly broken down to reactivate my bearish model with targets around 1.1600.
Miembro desde Apr 08, 2014
posts 1141
Jul 18, 2018 at 07:28
On yesterday session, the EURUSD initially rose but found enough resistance near the 1.1753 to reverse and closed near the low of the day, in addition, managed to close below Mondays’ low, which suggests a strong bearish momentum.
The currency pair closed below the 10 and the 50-day moving averages, both should provide a dynamic resistance, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.
The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, the 10-day moving average at 1.1694 (resistance), a key level at 1.1684 (resistance), the 50-day moving average at 1.1676 (resistance), a daily support at 1.1555 and year-to-date low at 1.1509 (support).
The currency pair closed below the 10 and the 50-day moving averages, both should provide a dynamic resistance, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.
The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, the 10-day moving average at 1.1694 (resistance), a key level at 1.1684 (resistance), the 50-day moving average at 1.1676 (resistance), a daily support at 1.1555 and year-to-date low at 1.1509 (support).
"I trade to make money not to be right."
Miembro desde Apr 08, 2014
posts 1141
Jul 19, 2018 at 08:57
On yesterday session, the EURUSD initially fell with a narrow range but found enough buying pressure near Last Fridays low at 1.1612 to rim most of its losses and closed near the high of the day, in addition, managed to close below Tuesdays’ low, which suggests a weak bearish momentum.
The currency pair is trading below the 10 and the 50-day moving averages, both should provide a dynamic resistance, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.
The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, the 10-day moving average at 1.1681 (resistance), a key level at 1.1684 (resistance), the 50-day moving average at 1.1673 (resistance), a daily support at 1.1555 and year-to-date low at 1.1509 (support).
The currency pair is trading below the 10 and the 50-day moving averages, both should provide a dynamic resistance, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.
The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, the 10-day moving average at 1.1681 (resistance), a key level at 1.1684 (resistance), the 50-day moving average at 1.1673 (resistance), a daily support at 1.1555 and year-to-date low at 1.1509 (support).
"I trade to make money not to be right."
Miembro desde Jul 12, 2016
posts 78
Jul 19, 2018 at 12:07
The EURUSD was indecisive yesterday. Price attempted to push lower bottomed at 1.1602 but closed a little bit higher at 1.1638 in a thin market condition. The bias is neutral in nearest term. Immediate resistance is seen around 1.1660. A clear break above that area could trigger further bullish pressure testing 1.1725/50 area. Immediate support is seen around 1.1600. A clear break below that area could trigger further bearish pressure retesting 1.1510/00 key support area which need to be clearly broken to the downside to resume the major bearish run from 1.2555.
