EUR/USD
Sep 04, 2015 at 12:38
The single currency recorded a second consecutive loss against the dollar on Thursday. The pair broke the support at 1.1105 but finished above its levels. Short-term indicators remain in favor of the US currency, giving a request for continuation of the negative trend until the support at 1.1016. The session started at a price of 1.1223 as at the beginning the trend was neutral. Significant decrease was noted in the afternoon when currencies hit bottom for the day at 1.1087. The session ended with 35 pips up.
Member Since Jun 08, 2014
454 posts
Sep 04, 2015 at 16:52
Not much of a movement on the EUR/USD because of the mixed data of positive unemployment rate and negative NFP
Member Since Jul 10, 2014
1117 posts
Sep 04, 2015 at 19:22
EUR/USD reached the support at 1.1090 and bounced off of it, but if it breaks below that level it might reach 1.1000, perhaps even 1.0950.
Member Since Jul 10, 2014
1117 posts
Sep 05, 2015 at 13:53
I really hope we will finally see some serious movement on the EUR/USD chart because this range has been going on for months now.
Member Since Oct 11, 2013
775 posts
Sep 06, 2015 at 06:43
The Euro versus the Dollar couldn´t keep dropping below the 1.1100 level and it seems like that will be a good support in the medium term.
Member Since Apr 08, 2014
1141 posts
Sep 07, 2015 at 09:53
On Friday session the EURUSD pair initially fell but found enough buying pressure to turn around and close in the green near at the middle of the daily range. The currency made a narrow range thus creating an inside day, signs that daily support at 1.1097 is holding the price. Today, September 7th, the US Banks are closed for Labor Day and as a result the pair should stay in a ranging mode.
"I trade to make money not to be right."
Member Since Jun 08, 2014
454 posts
Sep 07, 2015 at 17:40
A narrow range for the start of the week.
Sep 07, 2015 at 18:34
The euro recorded a minimal increase against the dollar on Friday. EUR / USD started the daily session at 1.1122 and ended with a profit of 21 pips, which could not compensate weekly losses of the single currency at a rate of 0.3%. Trading on Friday was held within 1.1091 and 1.1179. The graphics developed under low moving averages, while the relative strength index remained at negative territory, suggesting continuing dominance of bears and a test of 1.1055.
Member Since Jul 10, 2014
1117 posts
Sep 07, 2015 at 19:47
Today was a very slow day for EUR/USD but I think that the pair is bouncing off the support at 1.1100 and we can expect another move to the upside soon.
Sep 08, 2015 at 08:01
The euro recorded a minimal increase against the dollar on Monday. The pair started the daily session at 1.1162 and ended with a gain of only 6 pips. Trading on Friday was held within 1.1121 and 1.1177. The index of relative strength remains into neutral territory. Test of resistance at 1.1180 is possible while the Bulls dominate.
Member Since Apr 08, 2014
1141 posts
Sep 08, 2015 at 10:22
Yesterday the EURUSD initially fell but found enough buying pressure to turn back around and close in the green near the high of the day. The currency made a 2nd straight narrow range day suggesting that a break above or below of this inside day will be explosive. Levels to watch today: 1.1237 (Resistance) and 1.1097 (Support) and a break above the resistance or a break down below support would set the tone for the mid-tem.
"I trade to make money not to be right."
Member Since Jun 08, 2014
454 posts
Sep 08, 2015 at 16:25
EUR/USD is still around support line 1.11560 which is a strong point for the price breaking this point will push the price further down. But still EUR/USD is moving in a narrow range.
