EUR/USD Technical Analysis from a Newbie (need to be confirmed) - Page 565
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  1. #5641
    Join Date
    Apr 2016
    Posts
    267
    The euro/dollar rose yesterday, peaking at 1.0949. Signals are for upwards in the near future for testing of 1.1000 - 1.1050. Immediate support is seen at 1.0900, whose breakthrough can take the price to a trading neutral zone at 1.0850. The price is in a misleading phase now. The gap as a result of a fundamental events is sometimes filled, which means we can still see the pre-gap level of 1.0730 this week.

  2. #5642
    Join Date
    Apr 2016
    Posts
    267
    Any convincing move below 1.0850 should support this scenario. On the other hand, a clear break and daily closing over 1.1000 - 1.1050 could become an early sign of a new upward trend, which means we will not see 1.0730 in the next few weeks or months.

  3. #5643
    Join Date
    Nov 2015
    Posts
    359
    The euro fell against the dollar on Wednesday. Thus the pair lost some of the positions accumulated on Tuesday, but short-term indicators continue to be on the side of the single currency. Trading started at a price of 1.0925, with bulls dominating at first, resulting the retest of the currency again of a resistance at 1.0953 after a peak of 1.0950. However, a breakthrough was not reached and the euro soon fell. The finish was set at 1.0903.

  4. #5644
    Join Date
    Nov 2015
    Posts
    359
    EUR/USD
    Key levels to watch for:
    Support: 1.0819; 1.0757;
    Resistance: 1.0953; 1.1039;

  5. #5645
    Join Date
    Apr 2014
    Posts
    735
    On yesterday session, the EURUSD went back and forward without any clear direction again but closed near the low of the day, in addition the currency pair closed within Wednesdays range, which suggests being slightly on the bearish side of neutral.

    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), a daily support at 1.0900, and the 10-day moving average at 1.0799 (support) and the 200-day moving average at 1.0777 (support).

  6. #5646
    Join Date
    Jul 2014
    Posts
    702
    The EUR/USD sideways consolidation continues for now and the pair bounced off from 1.0950 once again, forming a shooting star candlestick on the four-hour time-frame right below that level. Whether there will be a move to the downside depends on whether the pair will break out below 1.0850 - 1.0820.
    Last edited by victoriajensen; Today at 09:27 AM.

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