EUR/USD Technical Analysis from a Newbie (need to be confirmed) - Page 564
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  1. #5631
    Join Date
    Jul 2014
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    700
    After EUR/USD retraced back to 1.0820, only partially recovering the bullish gap, it formed a hanging man candlestick and a doji candlestick on the four-hour time-frame at 1.0880, so a further move to the downside is possible.

  2. #5632
    Join Date
    May 2015
    Posts
    510
    EUR/USD started Tuesday in quite consolidation keeping range around 1.0865 – 1.0870 area. Bulls are gathering poewr for next leg higher, facing tomorrow’s US tax reform plans announcement.

  3. #5633
    Join Date
    Apr 2014
    Posts
    733
    On yesterday session, the EURUSD opened with a massive gap up and fell with a wide range but found enough support at 1.0819 to trim half of its losses, closing in the middle of the daily range, in addition the currency pair managed to close above Friday’s high, which suggests a bullish momentum.

    The currency pair is now trading above the 10, 50, and 200-day moving averages that should provide dynamic support.

    The key levels to watch are: daily resistance 1.1097, key level at 1.0970 (resistance), the 200-day moving average at 1.0780 (support), a Fibonacci level at 1.07132 (support) and the 10-day moving average at 1.0712 (support).

  4. #5634
    Join Date
    Jul 2014
    Posts
    700
    EUR/USD formed a spinning top candlestick on the one-hour time-frame at 1.0900 and there will likely be a move to the downside towards 1.0850 again, but the sideways consolidation continues for now.

  5. #5635
    Join Date
    May 2015
    Posts
    510
    In the early Asian session bulls conquered the key resistance at 1.0950. The EUR/USD pair remains underpinned after the French elections and ahead of the expected hawkish hints from ECB today, the bullish tone is seen to be continued.

  6. #5636
    Join Date
    Apr 2014
    Posts
    733
    On yesterday session, the EURUSD rallied with a wide range and closed near the high of the day, in addition the currency pair managed to close above Monday’s high, which suggests a strong bullish momentum.

    The currency pair is now trading above the 10, 50, and 200-day moving averages that should provide dynamic support.

    The key levels to watch are: daily resistance 1.1097, key level at 1.0970 (resistance), the 200-day moving average at 1.0778 (support), the 10-day moving average at 1.0743 (support) and a Fibonacci level at 1.07132 (support).

  7. #5637
    Join Date
    Jul 2014
    Posts
    700
    EUR/USD continued moving to the upside and reached a high at 1.0950, but it appears that move to the upside is over for now. The pair formed a double top at that same level on the one-hour time-frame and started dropping. Next target is likely the support at 1.0850 which is the (MA)89 indicator on the one-hour time-frame.

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