On yesterday session, the EURUSD initially rallied but found enough selling pressure at 1.0819 a daily resistance to reverse and closed near the low of the day, although managed to close within Tuesday’s range, which suggests being slightly on the bearish side of neutral.
The currency pair is trading above the 10 and the 50-day moving averages that should provide dynamic support but continues to trade below the 200-day moving average that should act as dynamic resistance.
The key levels to watch are: the 200-day moving average at 1.0849 (resistance), daily resistance at 1.0819, the 10-day moving average at 1.0726 (support), daily support at 1.0713, the 50-day moving average at 1.0658 (support), a daily support at 1.0622, other daily support at 1.0527 and other daily support at 1.0462.
The euro gave a breather to dollar. During the last day the dollar was down 14 pips from the asset of the single currency. The dollar was very hesitant and after numerous punctures of the support level at 1.0800, it managed to close the session at exchange rate of 1.0792 dollars per euro. The opening rate for the day was 1.0806. Shortly before lunch, bears took their bottom level of 1.0792. The answer to the Bulls was not too late and they recorded a high of 1.0824.
EUR/USD retreated from the highs marked this week to currently trade at 1.0780. First support is located at 1.0768 and next at 1.0717. Resistance is seen at 1.0825 and in case if breaking it, the pair might go higher towards 1.0870.
Why don’t you start posting something that actually helps people make money in real time. If you got paid to post you would be a zillionair, but from trading, you can’t even make enough to pay your electric bill. lmao Have a look at the EU chart I last posted. Didn’t the stop loss not get hit and the tp of over 150 pips get hit. lol
On yesterday session, the EURUSD went back and forward without any clear direction and closed in the red but 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 is trading above the 10 and the 50-day moving averages that should provide dynamic support but continues to trade below the 200-day moving average that should act as dynamic resistance.
The key levels to watch are: the 200-day moving average at 1.0847 (resistance), daily resistance at 1.0819, the 10-day moving average at 1.0736 (support), daily support at 1.0713, the 50-day moving average at 1.0659 (support), a daily support at 1.0622, other daily support at 1.0527 and other daily support at 1.0462.
EUR/USD is about to register a week with very low trading volumes. Price is 1.0806 and it looks like it’s about to keep trading in the range between 1.0800 and 1.0820.
The EUR/USD pair closed higher for a fourth consecutive week, slightly lower but very close to the yearly high of 1.0828 marked in February. On the daily chart RSI and stochastic are printing higher highs and lower lows and both indicators are located withing the overbought region, but keep heading north. The 20-day and 100-day SMA has crosse and currently are showing bullish slope. Strong support is seen at 1.0700 and until holding above it, the game will be played by bulls’ team.
On the last Friday’s session the EURUSD went back and forward without any clear direction but closed in the green, in the middle of the daily range, in addition the currency pair managed to close within Thursday’s range, which suggests being clearly neutral, neither side is showing control.
The currency pair is trading above the 10 and the 50-day moving averages that should provide dynamic support but continues to trade below the 200-day moving average that should act as dynamic resistance.
The key levels to watch are: a daily resistance at 1.0900, the 200-day moving average at 1.0846 (resistance), daily resistance at 1.0819, the 10-day moving average at 1.0751 (support), daily support at 1.0713 and the 50-day moving average at 1.0660 (support).
EU is taking a lot of names today. You can look over all the social trading networks and you will see all the EU threads are silent. Clearly many people are holding the bag on this EU long.
Here is where the high tf traders, talk about this being a “stop hunt”. Clearly if a person would of taken the long, they would be on the right side of the trade, trailing at every daily pivot touched! This is why, everyone should be studying price action, in order to not end up on the wrong side of the trade.
EUR/USD reached 1.0900 today and is currently testing the resistance at that level. A breakout above it will likely lead to a further move to the upside towards 1.0965 - 1.0970.
On yesterday session, the EURUSD tried to rally but found enough resistance at 1.0900 to trim some of its gains and closed in the middle of the daily range, however managed to close above Fridays’ high, which suggests being a bullish momentum.
The currency pair is trading above the 10, the 50 and the 200-day moving averages that should provide dynamic support.
The key levels to watch are: key level at 1.0970 (resistance), a daily resistance at 1.0900, the 200-day moving average at 1.0842 (support), daily resistance at 1.0819, the 10-day moving average at 1.0786 (support), daily support at 1.0713.
EUR/USD is keeping the bullish stance today. Technical readings on the four-hour frame are showing slight corrective mode. Should the pair conquer 1.0890, the rally might be extended towards 1.0930.
Not only did the pair fail to break out above 1.0900, but it also formed a shooting star candlestick on the daily time-frame at that resistance level, and there will likely be a new move to the downside.
On yesterday session, the EURUSD fell with a narrow range and closed near the low of the day, in addition managed to close below Monday’s low, which suggests a strong bearish momentum.
The currency pair is trading above the 10 and the 50-day moving averages that should provide dynamic support and closed back down the 200-day moving average that should act as dynamic resistance.
The key levels to watch are: key level at 1.0970 (resistance), a daily resistance at 1.0900, the 200-day moving average at 1.0841 (resistance), a daily resistance at 1.0819, the 10-day moving average at 1.0790 (support), a daily support at 1.0713.
EUR/USD did move to the downside after forming a shooting star candlestick on the daily time-frame at 1.0900. It’s currently testing the support at 1.0750, which coincides with the (MA)89 indicator on the four-hour time-frame, and a breakout below that level will likely lead to a further drop towards 1.0700.
EUR/USD met huge selling pressure and today is trading lowest for the week. Short term outlook remains bearish with critical support at 1.0735. In case of breaking it, further downslope might lead the towards teh stronger one at 1.0700.
On yesterday session, the EURUSD fell 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 is trading above the 50-day moving average that should provide dynamic support and is trading below the 10 and 200-day moving average that should act as dynamic resistance.
The key levels to watch are: key level at 1.0970 (resistance), a daily resistance at 1.0900, the 200-day moving average at 1.0839 (resistance), a daily resistance at 1.0819, the 10-day moving average at 1.0793 (resistance), a daily support at 1.0713, the 50-day moving average at 1.0670 (support).
