EUR/USD
Membro Desde Apr 08, 2014
1141 posts
May 23, 2018 at 10:10
On yesterday session, the EURUSD went back and forward without any clear direction but managed to close near the low of the day, in addition, closed within Mondays’ range, which suggests being slightly on the bearish side of neutral.
The currency pair continues to trade below the 10, the 50 and the 200-day moving averages that should provide dynamic resistance.
The key levels to watch: the 200-day moving average at 1.2046 (resistance), a daily resistance at 1.2041, the 10-day moving average at 1.1814 (resistance), January low at 1.1915 (resistance), a daily resistance at 1.1829 and a daily support at 1.1753 and a key level at 1.1684 (support).
The currency pair continues to trade below the 10, the 50 and the 200-day moving averages that should provide dynamic resistance.
The key levels to watch: the 200-day moving average at 1.2046 (resistance), a daily resistance at 1.2041, the 10-day moving average at 1.1814 (resistance), January low at 1.1915 (resistance), a daily resistance at 1.1829 and a daily support at 1.1753 and a key level at 1.1684 (support).
"I trade to make money not to be right."
Membro Desde Apr 08, 2014
1141 posts
May 24, 2018 at 09:58
On yesterday session, the EURUSD dived with a wide range 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 continues to trade below the 10, the 50 and the 200-day moving averages that should provide dynamic resistance.
The key levels to watch: the 200-day moving average at 1.2046 (resistance), a daily resistance at 1.2041, the 10-day moving average at 1.1814 (resistance), January low at 1.1915 (resistance), a daily resistance at 1.1829 and a daily resistance at 1.1753 and a key level at 1.1684 (support).
The currency pair continues to trade below the 10, the 50 and the 200-day moving averages that should provide dynamic resistance.
The key levels to watch: the 200-day moving average at 1.2046 (resistance), a daily resistance at 1.2041, the 10-day moving average at 1.1814 (resistance), January low at 1.1915 (resistance), a daily resistance at 1.1829 and a daily resistance at 1.1753 and a key level at 1.1684 (support).
"I trade to make money not to be right."
Membro Desde Dec 10, 2017
210 posts
May 25, 2018 at 07:13
At the auction in Europe on Thursday, the focus of market participants was the British pound. It strengthened against the dollar and the euro after strong data on retail sales in the UK.
Market participants reacted by buying the pound, counting on the fact that the data will increase the likelihood of an raise in the basic interest rates by the Bank of England in the near future. The price jumped by 60 points, to 1.3421.
Market participants reacted by buying the pound, counting on the fact that the data will increase the likelihood of an raise in the basic interest rates by the Bank of England in the near future. The price jumped by 60 points, to 1.3421.
Membro Desde Apr 08, 2014
1141 posts
May 25, 2018 at 09:21
On yesterday session, the EURUSD initially tried to rally with a narrow range but found enough selling pressure to trim half of its gains and closed in the middle of the daily range, in addition, managed to close within Wednesday’s range, which suggests being clearly neutral, neither side is showing control.
The currency pair continues to trade below the 10, the 50 and the 200-day moving averages that should provide dynamic resistance.
The key levels to watch: the 200-day moving average at 1.2046 (resistance), a daily resistance at 1.2041, the 10-day moving average at 1.1766 (resistance), January low at 1.1915 (resistance), a daily resistance at 1.1829 and a daily resistance at 1.1753, a key level at 1.1684 (support) and a daily support at 1.1555.
The currency pair continues to trade below the 10, the 50 and the 200-day moving averages that should provide dynamic resistance.
The key levels to watch: the 200-day moving average at 1.2046 (resistance), a daily resistance at 1.2041, the 10-day moving average at 1.1766 (resistance), January low at 1.1915 (resistance), a daily resistance at 1.1829 and a daily resistance at 1.1753, a key level at 1.1684 (support) and a daily support at 1.1555.
"I trade to make money not to be right."
Membro Desde Sep 12, 2015
1948 posts
May 25, 2018 at 17:50
We will probably get a bounce off this temporary support,but the real support is down at 1.160 on the Daily chart,still possible to pick up 20-30 pips intra day.
"They mistook leverage with genius".
Membro Desde Dec 10, 2017
210 posts
May 26, 2018 at 10:19
The euro fell against the US dollar on Friday. By the close of US trading, EUR/USD was trading at 1.1650, losing 0.59%. I believe that support is now at 1.1646, the low of Friday's trading, and resistance is likely at 1.1829 - Tuesday's high.
Membro Desde Dec 08, 2014
14 posts
May 27, 2018 at 06:37
...try 1.1450 to 1.15 for support.
Membro Desde Apr 08, 2014
1141 posts
May 28, 2018 at 07:59
On the last Friday’s session, the EURUSD took a nosedive with a wide range and closed near the low of the day, in addition, managed to close below Thursday’s low, which suggests a strong bearish momentum.
The currency pair continues to trade below the 10, the 50 and the 200-day moving averages that should provide dynamic resistance.
The key levels to watch: a daily resistance at 1.2041, the 10-day moving average at 1.1762 (resistance), January low at 1.1915 (resistance), a daily resistance at 1.1829 and a daily resistance at 1.1753, a key level at 1.1684 (resistance) and a daily support at 1.1555.
The currency pair continues to trade below the 10, the 50 and the 200-day moving averages that should provide dynamic resistance.
The key levels to watch: a daily resistance at 1.2041, the 10-day moving average at 1.1762 (resistance), January low at 1.1915 (resistance), a daily resistance at 1.1829 and a daily resistance at 1.1753, a key level at 1.1684 (resistance) and a daily support at 1.1555.
"I trade to make money not to be right."
Membro Desde Apr 08, 2014
1141 posts
May 29, 2018 at 08:16
On yesterday session, the EURUSD initially fell with a wide 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 continues to trade below the 10, the 50 and 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 and a daily resistance at 1.1753, the 10-day moving average at 1.1705 (resistance), a key level at 1.1684 (resistance), a daily support at 1.1555 and other daily support at 1.1460.
The currency pair continues to trade below the 10, the 50 and 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 and a daily resistance at 1.1753, the 10-day moving average at 1.1705 (resistance), a key level at 1.1684 (resistance), a daily support at 1.1555 and other daily support at 1.1460.
"I trade to make money not to be right."
Membro Desde Dec 10, 2017
210 posts
May 30, 2018 at 07:57
Euro/dollar continued its bearish momentum yesterday, reaching the bottom at 1.1510. The outlook remains bearish for testing the June minimum at 1.1445. Intra-day resistance we have around 1.1600 - 1.1630. A clear breakthrough over it could take the price to a neutral zone, but I stay in the bears camp. And any upward pressure could be seen as a good sales opportunity. On the downside, a clear breakthrough and a daily closure below 1.1445 will give a new target for the bears in the area of 1.1300 this week.
May 30, 2018 at 08:26
The single currency declined against the US dollar on Tuesday. The currency pair opened at 1.1623 and ended at 1.1538. The single currency fell sharply after the political turmoil in Italy, reaching a 10-month low of 1.1509. After a successful break in support at 1.1555, we would expect the pair to test the 1.1474 level.
Membro Desde Apr 08, 2014
1141 posts
May 30, 2018 at 09:50
On yesterday session, the EURUSD fell with a wide range 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 continues to trade below the 10, the 50 and 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 and a daily resistance at 1.1753, the 10-day moving average at 1.1686 (resistance), a key level at 1.1684 (resistance), a daily support at 1.1555 and other daily support at 1.1460.
The currency pair continues to trade below the 10, the 50 and 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 and a daily resistance at 1.1753, the 10-day moving average at 1.1686 (resistance), a key level at 1.1684 (resistance), a daily support at 1.1555 and other daily support at 1.1460.
"I trade to make money not to be right."
Membro Desde Apr 08, 2014
1141 posts
May 31, 2018 at 09:57
On yesterday session, the EURUSD rallied with a wide range and closed near the high of the day, in addition, managed to close above Tuesdays’ high, which suggests a strong bullish momentum.
The currency pair continues to trade below the 10, the 50 and 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 and a daily resistance at 1.1753, the 10-day moving average at 1.1688 (resistance), a key level at 1.1684 (resistance), a daily support at 1.1555 and other daily support at 1.1460.
The currency pair continues to trade below the 10, the 50 and 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 and a daily resistance at 1.1753, the 10-day moving average at 1.1688 (resistance), a key level at 1.1684 (resistance), a daily support at 1.1555 and other daily support at 1.1460.
"I trade to make money not to be right."
Membro Desde Apr 08, 2014
1141 posts
Jun 01, 2018 at 08:43
On yesterday session, the EURUSD went back and forward without any clear direction but closed in the middle of the daily range, in addition, managed to close above Wednesday’s high, which suggests being a bullish momentum.
The currency pair closed above the 10-day moving average that should provide a dynamic support, however, it continues to trade below the 50 and 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 and a daily resistance at 1.1753, the 10-day moving average at 1.1685 (support), a key level at 1.1684 (support), a daily support at 1.1555 and other daily support at 1.1460.
The currency pair closed above the 10-day moving average that should provide a dynamic support, however, it continues to trade below the 50 and 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 and a daily resistance at 1.1753, the 10-day moving average at 1.1685 (support), a key level at 1.1684 (support), a daily support at 1.1555 and other daily support at 1.1460.
"I trade to make money not to be right."
Membro Desde Oct 02, 2014
909 posts
Jun 01, 2018 at 11:32
NFPs in less than an hour, im calling for less than expected and a move north for the pair.
Positivity
