EUR/USD
Membre depuis Apr 08, 2014
posts 1141
Jun 20, 2017 at 08:05
On yesterday session, the EURUSD fell with a wide range and closed near the low of the day, although the currency pair closed within Friday’s range, which suggests being on the bearish side of neutral.
The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a Fibonacci extension at 1.1373 (resistance), other Fibonacci extension at 1.1291 (resistance), a daily resistance at 1.1237, the 10-day moving average at 1.1193 (resistance), a daily support at 1.1097, the 50-day moving average at 1.1087 (support), swing high at 1.1021 (support) and a key level at 1.0970 (support).
The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a Fibonacci extension at 1.1373 (resistance), other Fibonacci extension at 1.1291 (resistance), a daily resistance at 1.1237, the 10-day moving average at 1.1193 (resistance), a daily support at 1.1097, the 50-day moving average at 1.1087 (support), swing high at 1.1021 (support) and a key level at 1.0970 (support).
"I trade to make money not to be right."
Membre depuis Apr 08, 2014
posts 1141
Jun 21, 2017 at 08:58
On yesterday session, the EURUSD went back and forward again without any clear direction and closed in the middle of the daily range, however the currency pair closed below Monday’s low, which suggests bearish momentum.
The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a Fibonacci extension at 1.1373 (resistance), other Fibonacci extension at 1.1291 (resistance), a daily resistance at 1.1237, the 10-day moving average at 1.1187 (resistance), a daily support at 1.1097, the 50-day moving average at 1.1092 (support), swing high at 1.1021 (support) and a key level at 1.0970 (support).
The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a Fibonacci extension at 1.1373 (resistance), other Fibonacci extension at 1.1291 (resistance), a daily resistance at 1.1237, the 10-day moving average at 1.1187 (resistance), a daily support at 1.1097, the 50-day moving average at 1.1092 (support), swing high at 1.1021 (support) and a key level at 1.0970 (support).
"I trade to make money not to be right."
Jun 21, 2017 at 09:33
Продолжаю отрабатывать торговую идею на продажу пары EURUSD - тейк-профит 1.0950, сейчас по данной позици есть небольшая плавающая просадка + каждый день на позицию начисляется положительный своп. /// I continue to work out the trading idea for the sale of the EURUSD pair - take profit 1.0950, now for this position there is a small floating drawdown + every day a positive swap is credited to the position.
Continuous monitoring of the rate of return does not contribute to maintaining your mental health or the well-being of your portfolio. Excerpt from Biggs Barton's book, “A Hedger Out of the Fog.”
Jun 21, 2017 at 10:30
For the second consecutive day, the dollar took over the single currency, but this time wiped out only 14 pips. The session was volatile and the day was opened at 1.1147. At noon, the exchange rate peaked at 1.1151, then headed for support at 1.1120. For a short time this level was broken and the bears took their bottom at 1.1118. The last quotation for the day was 1.1133.
Membre depuis Jul 10, 2014
posts 1117
Jun 21, 2017 at 14:50
EUR/USD continues consolidating around 1.1140, but it has also become very visibly bearish. There will likely be a move to the downside towards 1.1100.
Jun 21, 2017 at 18:39
Despite the intraday uplifted mood today of the EUR/USD pair, technically speaking the bears are ruling the game. On the four-hour time frime the price is developing around the 200-day SMA but below the 20-day and 100-day SMAs. RSI has retreated from oversold area and is nearing its mid-line. Stochastic is uptrending, but remains below its mid-line. Immediate support is seen at the critical 1.1110 level and in case of breaking it, addtional declines are expected.
Membre depuis May 09, 2017
posts 33
Jun 22, 2017 at 06:35
The EUR/USD pair extended the overnight upside consolidative mode into Europe, and now looks to regain poise, as the bulls gear up to conquer 1.1200 in the day ahead.
Jun 22, 2017 at 08:54
The single currency managed to get out of its negative series, earning 34 pips against the dollar. At the beginning of the day one euro was exchanged for $ 1.1133. At noon, the exchange rate recorded a bottom of 1.1127, approaching 7 pips from the first support. This provoked the bulls to become more active, and by the end of the day the rate had risen. The last quote for the day was 1.1167.
Membre depuis Apr 08, 2014
posts 1141
Jun 22, 2017 at 09:04
On yesterday session, the EURUSD rose with a narrow range and closed near the high of the day, in addition the currency pair managed to close above Tuesday’s range, which suggests a strong bullish momentum.
The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a Fibonacci extension at 1.1373 (resistance), other Fibonacci extension at 1.1291 (resistance), a daily resistance at 1.1237, the 10-day moving average at 1.1183 (resistance), a daily support at 1.1097, the 50-day moving average at 1.1098 (support), swing high at 1.1021 (support) and a key level at 1.0970 (support).
The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a Fibonacci extension at 1.1373 (resistance), other Fibonacci extension at 1.1291 (resistance), a daily resistance at 1.1237, the 10-day moving average at 1.1183 (resistance), a daily support at 1.1097, the 50-day moving average at 1.1098 (support), swing high at 1.1021 (support) and a key level at 1.0970 (support).
"I trade to make money not to be right."
Membre depuis Apr 08, 2014
posts 1141
Jun 23, 2017 at 08:55
On yesterday session, the EURUSD fell with a narrow range and closed near the low of the day, in addition managed to close within Wednesday’s range, which suggests being slightly on the bearish side of neutral.
The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a Fibonacci extension at 1.1373 (resistance), other Fibonacci extension at 1.1291 (resistance), a daily resistance at 1.1237, the 10-day moving average at 1.1178 (resistance), the 50-day moving average at 1.1102 (support), a daily support at 1.1097, swing high at 1.1021 (support) and a key level at 1.0970 (support).
The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a Fibonacci extension at 1.1373 (resistance), other Fibonacci extension at 1.1291 (resistance), a daily resistance at 1.1237, the 10-day moving average at 1.1178 (resistance), the 50-day moving average at 1.1102 (support), a daily support at 1.1097, swing high at 1.1021 (support) and a key level at 1.0970 (support).
"I trade to make money not to be right."
Jun 24, 2017 at 10:31
The euro rose against the US dollar on Friday. By the close of US trading, EUR/USD was trading at 1.1194, gaining 0.38%. I believe that support is now at around 1.1117, Tuesday's low, and resistance is likely at 1.1214, Monday's high.
Jun 25, 2017 at 07:36
AmeliaChong posted:confirmed
The EUR/USD pair extended the overnight upside consolidative mode into Europe, and now looks to regain poise, as the bulls gear up to conquer 1.1200 in the day ahead.
Simplicity is the ultimate sophistication
Membre depuis May 09, 2017
posts 33
Jun 25, 2017 at 07:48
The period of consolidation may have reached an end. The hawkishness of the Fed is already priced in and reality could bite. In the euro-zone, the economy looks good, politics look good and Draghi will eventually have to taper. He cannot delay things forever.
Membre depuis Oct 02, 2014
posts 909
Jun 25, 2017 at 10:11
Expecting a move to the downside due to stronger US dollar.
Positivity
