EUR/USD

Jun 17, 2012 at 11:03
205,233 Views
9,790 Replies
Biedrs kopš   834 ieraksti
Aug 22, 2016 at 23:23 (labots Aug 22, 2016 at 23:26)
The pair is still holding above 1.1300 level, next immediate resistance could be found at 1.1360/70 zone, break above could mean the pair advance up to 1.14/15 level.

Aug 23, 2016 at 04:47
Will be keeping a close watch on the instrument, see where it is heading.
Biedrs kopš   1 ieraksti
Aug 23, 2016 at 05:47
well, I think there might be a chance for short play 😲
trade hard, or trade none
Biedrs kopš   1141 ieraksti
Aug 23, 2016 at 07:31
Yesterday the EURUSD initially fell but found enough buying pressure to turn around and closed near the high of the day, although closed within the previous day range, which suggests being slightly on the bullish side of neutral. However the hammer pattern made yesterday suggests a bullish move today.

The pair is trading well above the 10, 50 and the 200-day moving averages that are acting as dynamic supports.

The key levels to watch are: a daily resistance at 1.1460, a 61.8% Fibonacci retracement at 1.1347 (resistance), a daily support at 1.1237, the 10-day moving average at 1.1252 (support), and a daily support at 1.1097.
"I trade to make money not to be right."
Aug 23, 2016 at 09:25
EUR/USD formed a shooting star candlestick on the four-hour time-frame below the resistance at 1.1350, so might see a new move to the downside towards 1.1300.
Biedrs kopš   325 ieraksti
Aug 23, 2016 at 10:22
Agree, might head back to 1.13. But I don't expect to see a major break in either direction before Jackson Hole (or if the GDP of Germany surprises)
Biedrs kopš   3 ieraksti
Aug 23, 2016 at 10:41
victoriajensen posted:
 EUR/USD formed a shooting star candlestick on the four-hour time-frame below the resistance at 1.1350, so might see a new move to the downside towards 1.1300.

Let hope.

I'am short from 1.1350.
Biedrs kopš   277 ieraksti
Aug 23, 2016 at 15:53
EUR/USD is trading lower in today's session after going steadily up for the last few days. The pair made a high of 1.1355 and then succumbed to a bottom of 1.1310. First support is seen at 1.13, while first resistance is the last high of 1.1355.
Biedrs kopš   675 ieraksti
Aug 23, 2016 at 21:08 (labots Aug 23, 2016 at 21:09)
EUR/USD was trading in narrow range during today session. In the afternoon the upbeat US data pushed down the pair from the ntraday high, marked at $1.1355 to currently trade at $1.1305.
Biedrs kopš   675 ieraksti
Aug 24, 2016 at 07:26
On Tuesday the euro recorded another consecutive volatile session against the US dollar, but finally ended in favor of the US currency. If expectations for further depreciation of the euro justify the pair will test the support at $1.1239.
Biedrs kopš   277 ieraksti
Aug 24, 2016 at 08:20
EUR/USD had a down day yesterday that transferred the momentum into today's session. The pair made a low of 1.1287 and has since slightly recovered to currently trade at 1.1301. First bull target is 1.1350.
Biedrs kopš   1141 ieraksti
Aug 24, 2016 at 08:23
Yesterday the EURUSD initially rose but found enough resistance at the Fibonacci retracement to turn around and closed near the low of the day, although closed within the previous day range, which suggests being slightly on the bearish side of neutral. However the shooting star pattern made yesterday suggests a bearish move today.

The pair is trading well above the 10, 50 and the 200-day moving averages that are acting as dynamic supports.

The key levels to watch are: a daily resistance at 1.1460, a 61.8% Fibonacci retracement at 1.1347 (resistance), the 10-day moving average at 1.1269 (support), a daily support at 1.1237, and the 200-day moving average at 1.1158 (support).
"I trade to make money not to be right."
Aug 24, 2016 at 12:33
The move to the downside continues, next target is likely around 1.1230 - 1.1200. The question is whether the pair will continue dropping after the fundamentals on Friday.
Biedrs kopš   325 ieraksti
Aug 24, 2016 at 15:40
As so many Fed members have supported rate hike with few economic notions. I wouldn't rule out a rate hike support from Yellen as well, perhaps with a slight notion that the NFP remains healthy in August, unless the GDP where to drop even further on Friday. This could open 1.1150.
Biedrs kopš   675 ieraksti
Aug 24, 2016 at 16:46
EUR/USD is moving notably lower, marking fresh new low at $1.1245.
Biedrs kopš   277 ieraksti
Aug 25, 2016 at 06:31
The EUR/USD is trading close to unchanged since yesterday's session. Price is now 1.1272 which is slightly above first support at 1.1260 suggesting that a move to the upside is probable.
Biedrs kopš   1141 ieraksti
Aug 25, 2016 at 07:11
Yesterday the EURUSD fell with a wide range and closed near the low of the day, in addition managed to close below the previous day low, which suggests a strong bearish momentum.

The pair closed below the 10-day moving average that should act now as a dynamic resistance. The currency pair continues to trade well above the 50 and the 200-day moving averages that are acting as dynamic supports.

The key levels to watch are: a daily resistance at 1.1460, a 61.8% Fibonacci retracement at 1.1347 (resistance), the 10-day moving average at 1.1279 (resistance), a daily support at 1.1237, and the 200-day moving average at 1.1160 (support).
"I trade to make money not to be right."
Biedrs kopš   421 ieraksti
Aug 25, 2016 at 08:04
The euro was down against the US Dollar on Wednesday. By the end of the trading session EUR/USD was traded at 1.1264, shedding 0.37%. I believe that the support is now located at the level of 1.1245, the low of yesterday's trading, and resistance is likely to be at 1.1363 - Friday's high.
Biedrs kopš   675 ieraksti
Aug 25, 2016 at 08:18
The single currency marked second consecutive decline against the US dollar on Wednesday. The pair tested the support at 1.1239 and if bearish sentiment continue, it will be broken. The session started at 1.1304 and the euro lost 42 pips. Next support is located at 1.1197. Resistance is seen at 1.1382 and 1.1427.
Aug 25, 2016 at 11:46 (labots Aug 25, 2016 at 11:47)
EUR/USD is testing 1.1300 again. A breakout above that level will likely lead to a further move to the upside towards 1.1340 - 1.1350.
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