EUR/USD
Member Since Apr 08, 2014
1141 posts
Nov 04, 2016 at 07:48
Yesterday the EURUSD went back and forward without any clear direction but managed to close near the high of the day, although it closed within the previous day range, which suggests being on the bullish side of neutral.
The pair is trading above the 10-day moving average that should act as a dynamic support however the currency pair continues to trade below the 50 and 200-day moving averages that should act as dynamic resistances.
The key levels to watch are: Fibonacci retracement at 1.1181 (resistance), the 50-day moving average at 1.1110 (resistance), a daily resistance at 1.1097, the 10-day moving average at 1.0976 (support), a daily support at 1.0900 and October low at 1.0851.
The pair is trading above the 10-day moving average that should act as a dynamic support however the currency pair continues to trade below the 50 and 200-day moving averages that should act as dynamic resistances.
The key levels to watch are: Fibonacci retracement at 1.1181 (resistance), the 50-day moving average at 1.1110 (resistance), a daily resistance at 1.1097, the 10-day moving average at 1.0976 (support), a daily support at 1.0900 and October low at 1.0851.
"I trade to make money not to be right."
Member Since Oct 02, 2014
909 posts
Nov 04, 2016 at 13:47
Not much happened after the NFP's and Jobs report data.
Positivity
Member Since Sep 12, 2015
1948 posts
Nov 04, 2016 at 13:54
I went long gopro,its a reasonable bottom,might catch a bit of an upswing.
"They mistook leverage with genius".
forex_trader_29148
Member Since Feb 11, 2011
1916 posts
Nov 06, 2016 at 07:48
think there is enough steam to make it to 1.1127,next daily resistance
forex_trader_367321
Member Since Oct 08, 2016
58 posts
Nov 06, 2016 at 08:06
Position entry: 1.09
Original target; 1.1212
Position closed early at 1.1135
Total pips gained: 235
Original target; 1.1212
Position closed early at 1.1135
Total pips gained: 235
forex_trader_367321
Member Since Oct 08, 2016
58 posts
Nov 06, 2016 at 08:09
My previous call was to enter at 1=09 and to exit at 1.1212
I have closed this trade a bit early at 1.1135
Total pips gained: 235
Thank you.
I have closed this trade a bit early at 1.1135
Total pips gained: 235
Thank you.
Member Since Apr 08, 2014
1141 posts
Nov 07, 2016 at 07:36
On the last Friday’s session the EURUSD initially fell but found enough support around 1.1078 to reverse and closed near the high of the day, also managed to close above Thursday’s high, which suggests a strong bullish momentum.
The pair is trading above the 10 and 50-day moving averages that should act as a dynamic supports however the currency pair continues to trade below the 200-day moving average that should act as dynamic resistance.
The key levels to watch are: the 200-day moving average at 1.1198 (resistance), a Fibonacci retracement at 1.1181 (resistance), the 50-day moving average at 1.1109 (support), a daily support at 1.1097 and the 10-day moving average at 1.1003 (support).
The pair is trading above the 10 and 50-day moving averages that should act as a dynamic supports however the currency pair continues to trade below the 200-day moving average that should act as dynamic resistance.
The key levels to watch are: the 200-day moving average at 1.1198 (resistance), a Fibonacci retracement at 1.1181 (resistance), the 50-day moving average at 1.1109 (support), a daily support at 1.1097 and the 10-day moving average at 1.1003 (support).
"I trade to make money not to be right."
forex_trader_367321
Member Since Oct 08, 2016
58 posts
Nov 07, 2016 at 07:46
Correction, reopen eurusd long, 1.00 lots, 5k balance, $1200 margin used, $10.00 per pip
Entry price: 1.1090
Entry price: 1.1090
Member Since Jul 10, 2014
1117 posts
Nov 07, 2016 at 12:35
EUR/USD is testing the support at 1.1060 after bouncing off the resistance at 1.1140. If the pair breaks below that support it will likely continue falling towards the next support level at 1.1020.
Nov 08, 2016 at 05:51
The single currency marked a modest decline against the US dollar on Monday. The session closed 22 pips lower at 1.1039. The price is currently located above the moving averages, while RSI remains at neutral territory. If the downward trend continues we may expect a breakthrough of the first support at 1.0980. Next support is placed at 1.0815, while resistance is seen at 1.1160 and next one at 1.1286.
forex_trader_29148
Member Since Feb 11, 2011
1916 posts
Nov 08, 2016 at 07:53
think no matter the result the pair will go up
Member Since Apr 08, 2014
1141 posts
Nov 08, 2016 at 08:13
Yesterday the EURUSD opened with a Gap down and tried to rally but found enough resistance at the 50-day moving average to reverse, closing near the low of the day, in addition the pair managed to close below Friday’s low, which suggests a strong bearish momentum.
The pair is trading above the 10 moving average that should act as a dynamic support however the currency pair trades below the 50 and the 200-day moving average that should act as dynamic resistances.
The key levels to watch are: the 200-day moving average at 1.1196 (resistance), a Fibonacci retracement at 1.1181 (resistance), the 50-day moving average at 1.1101 (resistance), a daily support at 1.1097 and the 10-day moving average at 1.1036 (support).
The pair is trading above the 10 moving average that should act as a dynamic support however the currency pair trades below the 50 and the 200-day moving average that should act as dynamic resistances.
The key levels to watch are: the 200-day moving average at 1.1196 (resistance), a Fibonacci retracement at 1.1181 (resistance), the 50-day moving average at 1.1101 (resistance), a daily support at 1.1097 and the 10-day moving average at 1.1036 (support).
"I trade to make money not to be right."
Member Since Jul 10, 2014
1117 posts
Nov 08, 2016 at 11:39
EUR/USD is consolidating above the support at 1.1030 in waiting of the election results. Whatever they are, one thing is for certain - they will cause a lot of volatility.
forex_trader_29148
Member Since Feb 11, 2011
1916 posts
Nov 08, 2016 at 14:54
got a strong signal on h4 ,change of trend down
Nov 08, 2016 at 21:53
Today the EUR/USD is feeling under great pressure and the pair fell to previous lows and was testing the 1.1010 level. Clinton’s victory might drive the pair downwards to October 25th low at 1.0850.
Indicators are placed within negative territory. RSI is currently at around 36% level and stochastic is showing oversold market, both confirming the bearish trend. Anyway the elections results have the last saying and the pair’s direction is still being uncertain.
Indicators are placed within negative territory. RSI is currently at around 36% level and stochastic is showing oversold market, both confirming the bearish trend. Anyway the elections results have the last saying and the pair’s direction is still being uncertain.
