EUR/USD
Membro Desde Jul 10, 2014
1117 posts
Dec 28, 2016 at 13:04
EUR/USD bounced off the resistance at 1.0470 and it's still moving to the downside. If it breaks out below 1.0390 next target will likely be the previous low at 1.0350.
Dec 28, 2016 at 19:23
The EUR/USD pair again is seen below 1.0400 level. The US macro data relesed today was quite disappointing but nevertheless the greenback paired gains. As long as the pair hold below this level the retest of the yearly low at 1.0351 becomes very possible.
Membro Desde Apr 08, 2014
1141 posts
Dec 29, 2016 at 09:51
Yesterday, the EURUSD initially fell with a wide range but found enough buying pressure to trim some of its losses and closed in the middle of the daily range, however the currency pair closed below the previous day low, which suggests bearish momentum.
The currency pair closed shy below the 10-day moving average that should act as a dynamic resistance and continues to trade below the 50 and the 200-day moving averages that should act as dynamic resistances.
The key levels to watch are: a Fibonacci extension at 1.0666 (resistance), a daily resistance at 1.0622, the 10-day moving average at 1.0433 (resistance), a daily resistance at 1.0462 and the new multi-year low at 1.0352(support).
The currency pair closed shy below the 10-day moving average that should act as a dynamic resistance and continues to trade below the 50 and the 200-day moving averages that should act as dynamic resistances.
The key levels to watch are: a Fibonacci extension at 1.0666 (resistance), a daily resistance at 1.0622, the 10-day moving average at 1.0433 (resistance), a daily resistance at 1.0462 and the new multi-year low at 1.0352(support).
"I trade to make money not to be right."
Dec 29, 2016 at 19:50
The freshly released US macro data dragged the US dollar slightly down. The EUR/USD pair moved higher to reach 1.0493, but couldn’t surpass the key level at 1.0500. As long as the pair is staying below this level, bears dominate the trend.
Membro Desde Apr 08, 2014
1141 posts
Dec 30, 2016 at 09:51
Yesterday, the EURUSD rose with a narrow range and closed near the high of the day, in addition the currency pair managed to close above the previous day high, which suggests a strong bullish momentum.
The currency pair closed back above the 10-day moving average that should act as a dynamic support and continues to trade below the 50 and the 200-day moving averages that should act as dynamic resistances.
The key levels to watch are: a Fibonacci extension at 1.0666 (resistance), a daily resistance at 1.0622, the 10-day moving average at 1.0437 (support), a daily support at 1.0462 and the new multi-year low at 1.0352(support).
The currency pair closed back above the 10-day moving average that should act as a dynamic support and continues to trade below the 50 and the 200-day moving averages that should act as dynamic resistances.
The key levels to watch are: a Fibonacci extension at 1.0666 (resistance), a daily resistance at 1.0622, the 10-day moving average at 1.0437 (support), a daily support at 1.0462 and the new multi-year low at 1.0352(support).
"I trade to make money not to be right."
Membro Desde Oct 02, 2014
909 posts
Dec 31, 2016 at 16:26
Good move for the last trading days in 2016.
Positivity
Jan 02, 2017 at 02:56
(editado Jan 02, 2017 at 03:05)
After end of year trading, profit taking, I hope we are back to normal. This week the pair probably would still be trading flat before nonfarm payrolls on Friday. After sharp spike, Eur/Usd found its near resistance level around 1.0650 zone.
Membro Desde Apr 08, 2014
1141 posts
Jan 02, 2017 at 10:06
On the last Friday’s session the EURUSD initially rose with a narrow range but found enough selling pressure at the 50-day moving average to reverse and closed near the low of the day, although the currency pair managed to close above Thursday’s high, which suggests a weak bullish momentum.
The currency pair is trading above the 10-day moving average that should act as a dynamic support but continues to trade below the 50 and the 200-day moving averages that should act as dynamic resistances.
The key levels to watch are: a Fibonacci extension at 1.0666 (resistance), a daily resistance at 1.0622, the 10-day moving average at 1.0444 (support), a daily support at 1.0462 and the new multi-year low at 1.0352(support).
The currency pair is trading above the 10-day moving average that should act as a dynamic support but continues to trade below the 50 and the 200-day moving averages that should act as dynamic resistances.
The key levels to watch are: a Fibonacci extension at 1.0666 (resistance), a daily resistance at 1.0622, the 10-day moving average at 1.0444 (support), a daily support at 1.0462 and the new multi-year low at 1.0352(support).
"I trade to make money not to be right."
Membro Desde Jul 10, 2014
1117 posts
Jan 02, 2017 at 13:07
EUR/USD is moving to the downside after forming an impressive shooting star candlestick on the daily time-frame. Next target is likely the support at 1.0400 and if it breaks out below that level it will probably test the previous low at 1.0352.
Membro Desde Apr 08, 2014
1141 posts
Jan 03, 2017 at 09:51
On yesterday session, the EURUSD fell with a narrow range and closed near the low of the day, in addition managed to close below Friday’s low, which suggests a strong bearish momentum.
The currency pair is still closing above the 10-day moving average that should act as a dynamic support but continues to trade below the 50 and the 200-day moving averages that should act as dynamic resistances.
The key levels to watch are: a Fibonacci extension at 1.0666 (resistance), a daily resistance at 1.0622, a daily support at 1.0462, the 10-day moving average at 1.0450 (support) and the 2016 low at 1.0352(support).
The currency pair is still closing above the 10-day moving average that should act as a dynamic support but continues to trade below the 50 and the 200-day moving averages that should act as dynamic resistances.
The key levels to watch are: a Fibonacci extension at 1.0666 (resistance), a daily resistance at 1.0622, a daily support at 1.0462, the 10-day moving average at 1.0450 (support) and the 2016 low at 1.0352(support).
"I trade to make money not to be right."
Membro Desde Jul 10, 2014
1117 posts
Jan 03, 2017 at 13:41
EUR/USD is very bearish and the pair is testing once again the support at 1.0370. If it breaks out below that level the move to the downside will likely continue.
forex_trader_29148
Membro Desde Feb 11, 2011
1916 posts
Jan 03, 2017 at 14:28
think the euro hit is true value,according to the state of financial dissaray of most europen socialist countries
