EUR/USD
Medlem sedan May 01, 2015
675 inlägg
Dec 23, 2016 at 22:33
Ahead of the holidays and along with decreasing liquidity the EUR/USD pair settled in narrow range today. The pair was seen very weak at the beginning of the week and on Tuesday reached lowest point for the last 14 years at 1.0351. The short-term resistance is seen at 1.0520 (100-day moving average) and higher at 1.0665 (late November and 14th December highs). Looking to downwards support is now located at 1.0365 (15th December low) and lower at 1.0320.
Medlem sedan Oct 02, 2014
909 inlägg
Dec 24, 2016 at 13:02
Expecting parity in early 2017.
Positivity
Medlem sedan Apr 09, 2014
834 inlägg
Dec 24, 2016 at 22:57
Risk remains on the downside while more ranging movements are expected next week. Corrective move continues below 1.0500 level and immediate support zone can be found around 1.0400.
Medlem sedan Apr 09, 2014
834 inlägg
Dec 24, 2016 at 22:58
arigoldman posted:
Expecting parity in early 2017.
Let's see.
Medlem sedan Apr 09, 2014
834 inlägg
Dec 24, 2016 at 22:58
Merry Christmas everyone!
Medlem sedan Dec 20, 2016
11 inlägg
Dec 25, 2016 at 07:51
i think the market is go upward 1.06 and than again downtrend start toward the new low 1.026 this market will be bearish next few weeks
Sucsses is the good reward of time surf
Medlem sedan Apr 09, 2016
421 inlägg
Dec 25, 2016 at 08:57
The euro rose against the dollar on Friday. By the end of the American session EUR/USD is trading at 1.0456, gaining 0.19%. I believe that the support is now located at the level of 1.0350, Tuesday's low, and resistance is likely at the level of 1.0501 - the maximum of Thursday.
Medlem sedan Apr 09, 2014
834 inlägg
Dec 26, 2016 at 00:36
Eur/Usd is almost trading flat around 1.0420/50 zone, on the upside strong resistance level can be seen at 1.0500 level, but with limited upside I'm expecting more sideway trading before the year end.
Medlem sedan Feb 24, 2016
277 inlägg
Dec 26, 2016 at 08:05
EUR/USD is trading a bit higher in today's session going as high as 1.0467. The pair is seen to consolidate towards current levels as bulls might be into correction before the price heads to parity, as analysts and experts predict for early 2017.
Medlem sedan Apr 08, 2014
1141 inlägg
Dec 26, 2016 at 09:48
On the last Friday’s session the EURUSD rose with a narrow range and closed near the high of the day, although the currency pair closed within Thursday’s range, which suggests being slightly on the bullish side of neutral.
The currency pair continues to trade below the 10, 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 1.0458 (resistance), a daily resistance at 1.0462 and the new multi-year low at 1.0352(support).
The currency pair continues to trade below the 10, 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 1.0458 (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."
Medlem sedan Jul 10, 2014
1117 inlägg
Dec 26, 2016 at 13:31
EUR/USD is consolidating sideways as it always does around the holidays. There's a shooting star candlestick on the daily time-frame below the resistance at 1.0500 and the pair might move to the downside towards the support at 1.0380 again, but there likely wouldn't be any major changes before the end of the year.
Medlem sedan May 01, 2015
675 inlägg
Dec 26, 2016 at 19:34
The EUR/USD closed the week at 1.0454. RSI is located slightly below mid-lines while stochastic is moving to negative territoty. Both indicators do not confirm an upward movement. First support is seen at 1.0420 and next at 1.035. Resistances are placed at 1.0500 and 1.0550.
Medlem sedan Apr 08, 2014
1141 inlägg
Dec 27, 2016 at 09:31
Yesterday, the markets were closed for Boxing Day and time to take a breather and today should start slow but steady as the Year comes to an end.
The currency pair continues to trade below the 10, 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 1.0458 (resistance), a daily resistance at 1.0462 and the new multi-year low at 1.0352(support).
The currency pair continues to trade below the 10, 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 1.0458 (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."
Medlem sedan Mar 25, 2015
74 inlägg
Dec 27, 2016 at 09:56
I don't see any clear signal for opening a new position currently. It will be that calm until middle of next week I guess, trading in the current range (1.0423 - 1.0468). Time to take a break and enjoy the holidays 😉
Medlem sedan Feb 24, 2016
277 inlägg
Dec 27, 2016 at 10:53
EUR/USD is trading relatively unchanged since yesterday's session. The pair is now 1.0451 in a market environment that lacks volatility and liquidity. The pair is expected to keep gravitating towards current levels until New Years' Eve.
Medlem sedan May 01, 2015
675 inlägg
Dec 27, 2016 at 18:13
The economic calender this week is not offering any significant events that could stir the markets. Also along with the Holidays Season we usually witness uninspired trading. Currently the EUR/USD is tradingly slightly changed comparing with last week and is now testing the resistance at 1.0460.
Medlem sedan Feb 24, 2016
277 inlägg
Dec 28, 2016 at 09:52
EUR/USD is trading slightly lower today but still remains in the consolidation zone between 1.05 and 1.0390. Main trend remains bearish with current market price at 1.0435. Important events are scheduled until the end of the week that can cause some volatility in the last trading days of 2016.
Medlem sedan Apr 08, 2014
1141 inlägg
Dec 28, 2016 at 09:54
Yesterday, the EURUSD went back and forward on a narrow range day but managed to close in the green, near the high of the day, however the currency pair closed within Fridays range, which suggests being slightly on the bullish side of neutral.
The currency pair accomplished to close above the 10-day moving average that now should act as a dynamic support although it 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 1.0434 (support), a daily resistance at 1.0462 and the new multi-year low at 1.0352(support).
The currency pair accomplished to close above the 10-day moving average that now should act as a dynamic support although it 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 1.0434 (support), 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."
