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EUR/USD
Member Since Oct 02, 2014
905 posts
Oct 07, 2016 at 08:05
Anticipating the NFP and jobs report today.
Positivity
Oct 07, 2016 at 08:10
The euro dropped against the dollar on Thursday. The Wednesday’s calm turned out to be temporary and thus the bearish sentiment played a starring role at this session. The single currency confirmed the negative expectations and the pair tested the support at 1.1122. Breaking trough it is very possible if the downward trend continues.
Member Since Jul 10, 2014
1114 posts
Oct 07, 2016 at 11:45
EUR/USD reached 1.1100 but it's currently retracing after forming a hammer candlestick on the one-hour time-frame above that support. The US Non-Farm Payrolls will be announced in less than an hour so we can expect a lot of volatility when that happens.
Member Since Apr 08, 2014
1140 posts
Oct 10, 2016 at 06:32
On the last Friday’s session the EURUSD initially fell hard but found enough support near 1.1097 to trim all its losses and closed near the high of the day, however it did not had enough strength to close above Thursday’s range, which suggests being slightly on the bullish side of neutral.
The pair closed below the 10, 50 and 200-day moving averages that should act as dynamic resistances.
The key levels to watch are: a 50% Fibonacci retracement at 1.1264, a daily resistance at 1.1237, the 200-day moving average at 1.1203 (resistance), a Fibonacci retracement at 1.1181 (resistance), a daily support at 1.1097 and a 23.6% Fibonacci retracement at 1.1078.
The pair closed below the 10, 50 and 200-day moving averages that should act as dynamic resistances.
The key levels to watch are: a 50% Fibonacci retracement at 1.1264, a daily resistance at 1.1237, the 200-day moving average at 1.1203 (resistance), a Fibonacci retracement at 1.1181 (resistance), a daily support at 1.1097 and a 23.6% Fibonacci retracement at 1.1078.
"I trade to make money not to be right."
Member Since Jul 10, 2014
1114 posts
Oct 10, 2016 at 10:55
EUR/USD bounced off 1.1200 yet again and is moving to the downside towards 1.1150. A breakout below that support would lead to a further drop towards 1.1100.
Member Since Oct 02, 2014
905 posts
Oct 10, 2016 at 15:33
EUR/USD lost some of its value in today's session due to a strengthening of a rate hike expectations. The pair is now 1.1152, down from 1.1203.
Positivity
Member Since Oct 02, 2014
905 posts
Oct 11, 2016 at 06:06
EUR/USD looks a bit beaten in today's session. The pair is now slightly lower than yesterday's level and is trading at 1.1120. In less than three hours the EU news might bring some volatility in the market.
Positivity
Member Since Apr 08, 2014
1140 posts
Oct 11, 2016 at 06:41
Yesterday the EURUSD fell with a narrow range and closed near the low of the day, although managed to close within the previous day range, which suggests being slightly on the bearish side of neutral.
The pair continues to trade below the 10, 50 and 200-day moving averages that should act as dynamic resistances.
The key levels to watch are: a 50% Fibonacci retracement at 1.1264, a daily resistance at 1.1237, the 10-day moving average at 1.1199 (resistance), a Fibonacci retracement at 1.1181 (resistance), a daily support at 1.1097 and a 23.6% Fibonacci retracement at 1.1078 (support).
The pair continues to trade below the 10, 50 and 200-day moving averages that should act as dynamic resistances.
The key levels to watch are: a 50% Fibonacci retracement at 1.1264, a daily resistance at 1.1237, the 10-day moving average at 1.1199 (resistance), a Fibonacci retracement at 1.1181 (resistance), a daily support at 1.1097 and a 23.6% Fibonacci retracement at 1.1078 (support).
"I trade to make money not to be right."
Oct 11, 2016 at 08:37
EUR/USD started the week with losses, with the euro depreciating by almost 40 pips to its lowest closing value of two months at 1.1137. The price remains under downward moving averages, RSI supports the bears, hinting at a possible test of 1.1105. Resistance is located at 1.1280 and 1.1355.
Oct 11, 2016 at 08:37
The euro was down against the US Dollar on Monday. By the close of US trading EUR / USD was trading at 1.1138, shedding 0.56%. I believe that the support is now located at the level of 1.1101, Friday's low, and resistance is likely at the level of 1.1238 - the maximum of Wednesday.
Member Since Jul 10, 2014
1114 posts
Oct 11, 2016 at 11:40
EUR/USD finally broke below the support at 1.1100. Its next target is likely 1.1000 or even 1.0950.
Member Since Apr 08, 2014
1140 posts
Oct 12, 2016 at 06:58
Yesterday the EURUSD fell with a wide range and closed near the low of the day, in addition managed to close below the previous day low, which suggests a strong bearish momentum.
The pair continues to trade below the 10, 50 and 200-day moving averages that should act as dynamic resistances.
The key levels to watch are: a daily resistance at 1.1237, the 10-day moving average at 1.1182 (resistance), a daily resistance at 1.1097, August swing low at 1.1046 (support) and July swing low at 1.0952 (support).
The pair continues to trade below the 10, 50 and 200-day moving averages that should act as dynamic resistances.
The key levels to watch are: a daily resistance at 1.1237, the 10-day moving average at 1.1182 (resistance), a daily resistance at 1.1097, August swing low at 1.1046 (support) and July swing low at 1.0952 (support).
"I trade to make money not to be right."
Member Since Oct 02, 2014
905 posts
Oct 12, 2016 at 10:08
EUR/USD is trading sharply lower this week. Today the pair reached a low of 1.1015. This comes after a few days of depreciation and it looks like it will not stop here. Important news on Friday might create more volatility.
Positivity
Member Since Jul 10, 2014
1114 posts
Oct 12, 2016 at 11:51
EUR/USD has almost reached the support at 1.1000 and whether it will break below it remains to be seen. That said, we should keep in mind that the FOMC meeting minutes will be released today, so we can expect major volatility.
Member Since Oct 02, 2014
905 posts
Oct 13, 2016 at 05:43
EUR/USD is having another day of losses. The pair is now 1.1014 and it appears that there isn't anything to stop it from depreciating further. Important US news tomorrow. First support is the psychological level of 1.10.
Positivity
Oct 13, 2016 at 06:18
The pair marked its worst session for the last three weeks and was trading at lowest levels since early August within 1.1141 and 1.1048. The price overcame the recent range and remains below the descending moving averages. The sentiment remains negative with immediate target yesterday's low.
