EUR/USD

Jun 17, 2012 at 11:03
205,100 Views
9,790 Replies
Member Since Apr 08, 2014   1141 posts
Aug 02, 2018 at 09:17
On yesterday session, the EURUSD tried to rise but found enough selling pressure near 1.1705 to reverse 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, a key level at 1.1684 (resistance), the 50-day moving average at 1.1677 (resistance), the 10-day moving average at 1.1671 (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."
Member Since Apr 08, 2014   1141 posts
Aug 03, 2018 at 08:46
On yesterday session, the EURUSD fell with a wide range and closed near the low of the day, in addition, managed to close below Wednesday’s low, which suggests a strong 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, a key level at 1.1684 (resistance), the 50-day moving average at 1.1672 (resistance), the 10-day moving average at 1.1657 (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."
Member Since Aug 03, 2018   3 posts
Aug 03, 2018 at 11:42
Is the EUR/USD is the best currency pairs?
Member Since Dec 11, 2017   229 posts
Aug 06, 2018 at 06:02
Bearish trend expected to continue soon would be testing support level at 1.1500.
Member Since Apr 21, 2018   66 posts
Aug 06, 2018 at 06:04
Elliottwave Analysis: EURUSD, sell rallies toward 1.1638

EURUSD breakout from the triangle.

It looks like an unfinished 5 wave down pattern from 1.2555.

Further downside toward 1.1454/1.1357 could not be ruled out.

According to Algo Trader System, price closed below lower bands on H4 timeframe.

But both medium term and long term trend still point down.

It should be a strong sell signal.

If seen, rallies toward 1.1638 should be sold into against 1.1746.

Daily support levels: 1.1547 1.1515 1.1504

Dialy resistance levels: 1.1587 1.1601 1.1621

EURUSD Trade Idea: (Spot 1.1563)

Sell Limit @ 1.1638 SL @ 1.1750 Take Profit @ 1.1455

Intraday Trade Idea:

Sell Latentinterest Order: 1.1601

Buy Latentinterest Order: 1.1515

Click on the image to enlarge

Attachments:

http://forexsignal.love/aggressive-trend-scalper-ea/ 5 days' trial period is available. Welcome to backtesting!
Member Since Apr 08, 2014   1141 posts
Aug 06, 2018 at 08:16
On the last Friday’s session, the EURUSD tried to rally but found enough selling pressure to trim all of its gains and close near the low of the day, in addition, managed to close below 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, a key level at 1.1684 (resistance), the 50-day moving average at 1.1663 (resistance), the 10-day moving average at 1.1629 (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."
Member Since Apr 08, 2014   1141 posts
Aug 07, 2018 at 08:52
On yesterday session, the EURUSD initially fell but found enough buying pressure to trim some of its losses and closed in the middle of the daily range, in addition, managed to close below Friday’s low, which suggests a 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, a key level at 1.1684 (resistance), the 50-day moving average at 1.1659 (resistance), the 10-day moving average at 1.1622 (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."
Member Since Apr 08, 2014   1141 posts
Aug 08, 2018 at 07:27
On yesterday session, the EURUSD rallied with a wide range and closed near the high of the day, in addition, managed to close above Mondays’ high, which suggests a strong bullish 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, a key level at 1.1684 (resistance), the 50-day moving average at 1.1656 (resistance), the 10-day moving average at 1.1619 (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."
Member Since Apr 08, 2014   1141 posts
Aug 09, 2018 at 08:05
On yesterday session, the EURUSD Went back and forward but managed to close near the high of the day, in addition, managed to close above Tuesdays’ high, which suggests a strong bullish 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, a key level at 1.1684 (resistance), the 50-day moving average at 1.1653 (resistance), the 10-day moving average at 1.1611 (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."
Member Since Apr 21, 2018   66 posts
Aug 09, 2018 at 10:00
EURUSD:
Once above 1.1746, we have to consider a potential inverse head-shoulder bottom intact.

Attachments:

http://forexsignal.love/aggressive-trend-scalper-ea/ 5 days' trial period is available. Welcome to backtesting!
Member Since Apr 21, 2018   66 posts
Aug 09, 2018 at 10:02
However, according to my system, no daily buy signal yet.
Some put/call options looks attractive at current stage.

Attachments:

http://forexsignal.love/aggressive-trend-scalper-ea/ 5 days' trial period is available. Welcome to backtesting!
Member Since Oct 02, 2014   909 posts
Aug 09, 2018 at 14:42
The Euro depreciated today against all its peers. I'd look to buy probably around 1.1520.
Positivity
Member Since Apr 21, 2018   66 posts
Aug 10, 2018 at 07:31
EURUSD: Key levels to watch

1.1450--100% extention of 5 wave downtrend from 1.2555

1.1342--Long term key support level

1.1297--138.2% extension from 1.2555
http://forexsignal.love/aggressive-trend-scalper-ea/ 5 days' trial period is available. Welcome to backtesting!
Member Since Apr 08, 2014   1141 posts
Aug 10, 2018 at 08:05
On yesterday session, the EURUSD fell with a wide range and closed near the low of the day, in addition, managed to close below Wednesday’s low, which suggests a strong 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: a key level at 1.1684 (resistance), the 50-day moving average at 1.1645 (resistance), the 10-day moving average at 1.1581 (resistance), a daily resistance at 1.1555, Daily support at 1.1459 and other daily support at 1.1236.
"I trade to make money not to be right."
Member Since Dec 11, 2017   229 posts
Aug 13, 2018 at 06:38
Eur/Usd opens the week with a bearish gap and hit a new low around 1.1360, correction movement may continue before further decline giving the fact with limited economic data on Monday.
Member Since Apr 08, 2014   1141 posts
Aug 13, 2018 at 09:25
On the last Friday’s session, the EURUSD fell with a wide range and close near the low of the day, in addition, managed to close below Thursday’s range, which suggests a strong bearish momentum.

The currency pair is trading below the 10 and the 50 and the 200-day moving averages, all should provide a dynamic resistance.

The key levels to watch: a key level at 1.1684 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1518 (resistance), daily resistance at 1.1459, pennant projected target 1.1280 (support) and other daily support at 1.1236.
"I trade to make money not to be right."
Member Since Apr 08, 2014   1141 posts
Aug 14, 2018 at 09:12
On yesterday session, the EURUSD went back and forward without any clear direction and closed in the middle of the daily range, in addition, managed to close within Friday’s range, which suggests being clearly neutral, neither side is showing control.

The currency pair is trading below the 10 and the 50 and the 200-day moving averages, all should provide a dynamic resistance.

The key levels to watch: a key level at 1.1684 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1500 (resistance), daily resistance at 1.1459, pennant projected target 1.1280 (support) and other daily support at 1.1236.
"I trade to make money not to be right."
Member Since Oct 02, 2014   909 posts
Aug 14, 2018 at 09:28
The US dollar seems to be pushing the pair down.
Positivity
Member Since Dec 10, 2017   210 posts
Aug 15, 2018 at 07:55
Euro / dollar continued its inertia down yesterday, after failing to break the resistance 1.1430, reaching the bottom at 1.1330 and hitting 1.1317 during the Asian session. Expectations are down for testing at 1.1280 / 50 so far. The first resistance is seen at 1.1365. A clear break above this level could take the price to a neutral zone with testing at 1.1430. But I basically prefer the bearish scenario and any upward pressure could be seen as a good opportunity for short positions.
Member Since Apr 08, 2014   1141 posts
Aug 15, 2018 at 08:57
On yesterday session, the EURUSD initially rose but found enough resistance near 1.1432 to trim all of its gains 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 is trading below the 10 and the 50 and the 200-day moving averages, all should provide a dynamic resistance.

The key levels to watch: a key level at 1.1684 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1473 (resistance), daily resistance at 1.1459, pennant projected target 1.1280 (support) and other daily support at 1.1236.
"I trade to make money not to be right."
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