EUR/USD
Membro Desde Apr 08, 2014
1141 posts
Aug 16, 2017 at 08:27
On yesterday session, 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, in addition the currency pair managed to close below Monday’s low, which suggests a strong bearish momentum.
The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.1976, other daily resistance at 1.1829, a daily resistance at 1.1753, the 10-day moving average at 1.1770 (resistance), a daily support at 1.1556 and other daily support at 1.1460.
The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.1976, other daily resistance at 1.1829, a daily resistance at 1.1753, the 10-day moving average at 1.1770 (resistance), a daily support at 1.1556 and other daily support at 1.1460.
"I trade to make money not to be right."
Aug 16, 2017 at 15:02
The single currency recorded a decline against the US dollar on Tuesday. The currency pair opened at 1.1778 and the price jumped from support at 1.1700. After all, the euro ended at 1.1733 and the successful overrun on the bottom floor would increase the likelihood of the downward movement to 1.1520.
Membro Desde Jul 10, 2014
1117 posts
Aug 16, 2017 at 16:28
EUR/USD continues consolidating around 1.1700 and that consolidation likely won't end before the major fundamentals a little later today.
Membro Desde Sep 12, 2015
1948 posts
Aug 16, 2017 at 16:38
I think it needs to go down and hit 1.16 before it finds real support ,that's going back to 1/5/16 though.
"They mistook leverage with genius".
Aug 17, 2017 at 08:22
EUR/USD crossed to above the important barrier at 1.1770 this morning and a clear break of it would generate stronger bullish signal for retest of 1.1910. On the other hand, failing to approach 1.1800 keeps the downside vulnerable for visiting the 1.1680/90 area.
Membro Desde Jan 05, 2016
1189 posts
Aug 17, 2017 at 08:25
FXWES posted:
EUR/USD crossed to above the important barrier at 1.1770 this morning and a clear break of it would generate stronger bullish signal for retest of 1.1910. On the other hand, failing to approach 1.1800 keeps the downside vulnerable for visiting the 1.1680/90 area.
I have similar analysis results for EURUSD. I'm still holding Long with a projected exit point of 1.18200
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Membro Desde Apr 08, 2014
1141 posts
Aug 17, 2017 at 09:56
On yesterday session, the EURUSD initially fell but found yet again enough buying pressure to erase all of its losses and managed to close near the high of the day, however the currency pair closed within Tuesday’s range, which suggests being slightly on the bullish side of neutral.
The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.1976, other daily resistance at 1.1829, a daily resistance at 1.1753, the 10-day moving average at 1.1728 (resistance), a daily support 1.1687, other daily support at 1.1556 and other daily support at 1.1460.
The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.1976, other daily resistance at 1.1829, a daily resistance at 1.1753, the 10-day moving average at 1.1728 (resistance), a daily support 1.1687, other daily support at 1.1556 and other daily support at 1.1460.
"I trade to make money not to be right."
Membro Desde Apr 08, 2014
1141 posts
Aug 18, 2017 at 09:52
On yesterday session, the EURUSD initially fell but found again enough support to trim some of its loses and managed to close in the middle of the daily range, in addition the currency pair closed within Wednesday’s range, which suggests being clearly neutral, neither side is showing control.
The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.1976, other daily resistance at 1.1829, a daily resistance at 1.1753, the 10-day moving average at 1.1767 (resistance), a daily support 1.1687, other daily support at 1.1556 and other daily support at 1.1460.
The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.1976, other daily resistance at 1.1829, a daily resistance at 1.1753, the 10-day moving average at 1.1767 (resistance), a daily support 1.1687, other daily support at 1.1556 and other daily support at 1.1460.
"I trade to make money not to be right."
Aug 18, 2017 at 14:09
The single currency recorded a decline against the US dollar on Thursday. The currency pair lost 44 pips at a closing price of 1.1722. Daytime extreme values were reached at 1.1789 and 1.1662 respectively. The couple continues its move in range. Breaking its lower limit at 1.1700 will contribute to negative expectations.
Aug 19, 2017 at 10:23
The euro rose against the US dollar on Friday. By the close of US trading, EUR / USD was trading at 1.1761, gaining 0.32%. I believe that support is now at around 1.1661, Thursday's low, and resistance is likely at 1.1840, Monday's high.
Membro Desde Apr 08, 2014
1141 posts
Aug 21, 2017 at 09:23
On the last Friday’s session the EURUSD rose with a narrow range and closed near the high of the day, however the currency pair managed to close within Thursday’s range, which suggests being slightly on the bullish side of neutral.
The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.1976, other daily resistance at 1.1829, a daily resistance at 1.1753, the 10-day moving average at 1.1768 (resistance), a daily support 1.1687, other daily support at 1.1556 and other daily support at 1.1460.
The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.1976, other daily resistance at 1.1829, a daily resistance at 1.1753, the 10-day moving average at 1.1768 (resistance), a daily support 1.1687, other daily support at 1.1556 and other daily support at 1.1460.
"I trade to make money not to be right."
Aug 21, 2017 at 15:09
In the Friday session, the single currency returned 40 pips to the US dollar. The currency pair opened the session at 1.1722 and at the end of the day one euro was exchanged for 1.1762 US dollars. Daytime extreme values were reached at 1.1707 and 1.1773 respectively. The couple continues to move in range.
