EUR/USD
Sep 03, 2017 at 16:58
It seems that the week ahead will be very intersting amid the political turmoil today from North Korea and Trump’s response on twitter. From Europe we have ECB monetary policy meeting. Anyway my favourites will be the Swiss Franc and Gold.
Membro Desde Apr 08, 2014
1141 posts
Sep 04, 2017 at 09:14
On the last Friday’s session the EURUSD tried to rally but found enough resistance at 1.1976 to erase all its gains and managed to close near the low of the day, however the currency pair closed within Thursday’s range, which suggests being slightly on the bearish side of neutral.
The currency pair closed 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 1.2041, other daily resistance at 1.1976, a daily support at 1.1910, the 10-day moving average at 1.1908 (support), other daily support at 1.1829 and a daily support at 1.1753.
The currency pair closed 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 1.2041, other daily resistance at 1.1976, a daily support at 1.1910, the 10-day moving average at 1.1908 (support), other daily support at 1.1829 and a daily support at 1.1753.
"I trade to make money not to be right."
Membro Desde Jul 10, 2014
1117 posts
Sep 04, 2017 at 17:01
EUR/USD continues consolidating sideways. That said, there is a very impressive shooting star candlestick at 1.2070 on the weekly time-frame, so a new move to the downside is quite likely.
Membro Desde Apr 08, 2014
1141 posts
Sep 05, 2017 at 08:59
On yesterday session, the EURUSD initially rose but found enough selling pressure near the 10-day moving average to trim some of its gains and closed in the middle of the daily range, in addition the currency pair closed within Friday’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 1.2041, other daily resistance at 1.1976, a daily support at 1.1910, the 10-day moving average at 1.1905 (resistance), other daily support at 1.1829 and a daily support at 1.1753
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 1.2041, other daily resistance at 1.1976, a daily support at 1.1910, the 10-day moving average at 1.1905 (resistance), other daily support at 1.1829 and a daily support at 1.1753
"I trade to make money not to be right."
Membro Desde Apr 08, 2014
1141 posts
Sep 06, 2017 at 11:26
On yesterday session, the EURUSD went back and forward without any clear direction and closed in the middle of the daily range, in addition the currency pair managed to close within Monday’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 1.2041, other daily resistance at 1.1976, a daily resistance at 1.1910, the 10-day moving average at 1.1917 (resistance), other daily support at 1.1829 and a daily support at 1.1753.
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 1.2041, other daily resistance at 1.1976, a daily resistance at 1.1910, the 10-day moving average at 1.1917 (resistance), other daily support at 1.1829 and a daily support at 1.1753.
"I trade to make money not to be right."
Membro Desde Apr 08, 2014
1141 posts
Sep 07, 2017 at 09:36
On yesterday session, the EURUSD initially tried to rally but found enough selling pressure to erase most of its gains and close near the low of the day, in addition the currency pair managed to close within Tuesday’s range, which suggests being slightly on the bearish side of neutral.
The currency pair closed shy above the 10-day moving average that should provide dynamic support and continues trading above the 50 and 200-day moving averages that should also provide dynamic support.
The key levels to watch are: a daily resistance at 1.2041, other daily resistance at 1.1976, a daily support at 1.1910, the 10-day moving average at 1.1919 (support), other daily support at 1.1829 and a daily support at 1.1753.
The currency pair closed shy above the 10-day moving average that should provide dynamic support and continues trading above the 50 and 200-day moving averages that should also provide dynamic support.
The key levels to watch are: a daily resistance at 1.2041, other daily resistance at 1.1976, a daily support at 1.1910, the 10-day moving average at 1.1919 (support), other daily support at 1.1829 and a daily support at 1.1753.
"I trade to make money not to be right."
Membro Desde Oct 02, 2014
909 posts
Sep 07, 2017 at 12:11
Interest rate unchanged. Let's see how Draghi moves the market in 20 mins.
Positivity
Membro Desde Jul 10, 2014
1117 posts
Sep 07, 2017 at 17:27
EUR/USD failed to break out above 1.2070 again. The pair still seems quite bullish though, so there might be another move to the upside.
Sep 07, 2017 at 18:14
The start of Draghi’s press conference skyrocketed the EUR/USD pair to a new fresh high at 1.2059. However later the pair retreated and the current market price is 1.2003. Upside remains capped by 1.2040 while dowside is limitted by 1.1980.
Membro Desde Apr 08, 2014
1141 posts
Sep 08, 2017 at 07:54
On yesterday session, the EURUSD rallied with a wide range and managed to close near the high of the day, in addition the currency pair closed above Wednesday’s high, which suggests a strong bullish momentum.
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.2115, other daily resistance at 1.2041, a daily support at 1.1976, other daily support at 1.1910, the 10-day moving average at 1.1932 (support), other daily support at 1.1829 and a daily support at 1.1753.
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.2115, other daily resistance at 1.2041, a daily support at 1.1976, other daily support at 1.1910, the 10-day moving average at 1.1932 (support), other daily support at 1.1829 and a daily support at 1.1753.
"I trade to make money not to be right."
Membro Desde Jul 10, 2014
1117 posts
Sep 08, 2017 at 17:18
EUR/USD rallied again today and formed a new high at 1.2090. Clearly the bullish trend is not over yet and there will likely be a breakout above 1.2100.
Sep 09, 2017 at 11:19
EUR/USD closed slightly above 1.20, up more than 150 pips for the week. The pair might meet first challenge at 1.2090, next at 1.2170 and higher at 1.2245. Looking to downside fist support is seen at 1.2000, second at 1.1945 and lower at 1.1875.
Membro Desde Apr 08, 2014
1141 posts
Sep 11, 2017 at 09:37
On the last Friday’s session the EURUSD initially tried to rally but found enough resistance at 1.2090 to erase most of its gains and close near the low of the day, however the currency pair closed within Thursday’s range, which suggests being slightly on the bearish side of neutral.
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.2115, other daily resistance at 1.2041, a daily support at 1.1976, other daily support at 1.1910, the 10-day moving average at 1.1948 (support), other daily support at 1.1829 and a daily support at 1.1753.
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.2115, other daily resistance at 1.2041, a daily support at 1.1976, other daily support at 1.1910, the 10-day moving average at 1.1948 (support), other daily support at 1.1829 and a daily support at 1.1753.
"I trade to make money not to be right."
