EUR/USD is trading uplifted today, finally succeeded to hold above 1.20.
Obvious target 1820, but I’m out at 1867 - talking time now - unpredictable.
Now that I’ve time - xau/usd hit previous DT daily, just as the talking started, no.2 reason to exit.
Well that’s that, talking done.
1860 proved to be the low, Gold held the line, so thinking re buy side tomorrow (not Gold or USD btw).
Looks like Yellen is out of favour with the blonde guy that I spoke of earlier, maybe she gets the blame for a higher dollar, who knows.
Anyways over to the Europeans now.
See you guys later, all this stuff can be distracting.
On yesterday session, the EURUSD fell with a wide range and close near the low of the day, in addition the currency pair managed to close below Tuesday’s low, which suggests a strong bearish momentum.
The currency pair closed below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.2115, other daily resistance at 1.2041, a daily resistance at 1.1976, the 10-day moving average at 1.1935 (resistance), a daily resistance at 1.1910, the 50-day moving average at 1.1856 (support), a daily support at 1.1829 and another daily support at 1.1753.
Boring talking to these robots - buy side today was good, rose to 1950 and has closed at 1930
I promised to concentrate on the right side, not what happened in the past, but just for the fibo robots worth noting that today’s retracement was 50% of the fall ( I know I know 50 is not a fib, but it is the only fib worth noting imho.(h for humble)
Told the story a long time ago why half is a good place to watch.
Btw, someone asked why not a Gold buy - well if fell didn’t it, and why not a USD buy, well it …
What was left … the good, the bad, and the Euro 
Anyways, right side robots, are you watching north of 1950, have you placed orders up there or are you just waiting?
On yesterday session, the EURUSD initially fell but found enough buying pressure near the 50-day moving average to reverse and managed to close near the high of the day, however the currency pair closed within Wednesday’s range, which suggests being slightly on the bullish side of neutral.
The currency pair closed below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.2115, other daily resistance at 1.2041, a daily resistance at 1.1976, the 10-day moving average at 1.1941 (resistance), a daily resistance at 1.1910, the 50-day moving average at 1.1861 (support), a daily support at 1.1829 and another daily support at 1.1753.
The euro rose against the US dollar on Friday. During Asian trading, EUR/USD was trading at 1.1963, gaining 0.18%. I believe that support is now at 1.11862, the minimum of Wednesday, and resistance, probably, will be at 1.2033 - the maximum of Wednesday.
They bought some more - what a shock.
Interesting levels of support and resistance.
These are mine:
Support: 1.1834; 1.1735;
Resistance: 1.2102.
9 days ago - is 1950 of any relevance?, maybe extend the purple line in that post to get a sense of whether it is being bought or sold.
I’m not into all this line and TA stuff but here it is: (is that ‘rejection’ today?
I really hate that, this, whatever. I really do, no honestly. I wish I had a better grasp on this stuff, I feel like an idiot replying to someone who does not exist. The bad translation dweebs, I can spot, but some others, it really is embarrassing to me. I mean how many are there here, oh rats never mind, back to getting new stuff for My Country Store.
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The euro rose against the US dollar on Friday. By the close of US trading, EUR / USD was trading at 1.1957, gaining 0.13%. I believe that support is now at 1.1862, the minimum of Wednesday, and resistance, probably, will be the level 1.2033 - the maximum of Wednesday.
OK fellow robots, want you to think about Monday.
I asked about that ‘rejection’ on D1 before close, the chart further ‘rejected’ after the post to look like this at close:
I’m not sure of it’s name but good chance any TA robot will know what to call that last candle.
Now the thing is this - UK got a little slap on the wrist from Moodys just one hour before the US guys went home for the weekend, result was a quick drop on Gbp, and a wee spike up on Eur/Gbp
So, if I were a thinking robot I would wonder what the UK guys, who were already in the bar and the Asian guys who were have a snooze, what will they think, or will they even notice.
Will they be too caught up in German news?
So my friends who never sleep, have you computed the results.
Merkel wins, but with a sting in the tail. Euro negative, the right wing enter, but think this, not as the opposition, the former partners of Merkel will take that role.
But like the UK pm she is wounded, so use that as the template my friends, set your orders as you did on Gbp.
For the ‘gap’ followers, when you hit the correct spot on the knee the lower portion tends to jerk outward, then it falls back.
The pair opens the week with a bearish gap.
The ‘bearish gap’ is now closed - very tradable action when that happens, some guys look to get half the action.
Btw, most guys now bearish (I’m guessing) so I will be careful if shorting, don’t like large crowds, they tend to squeeze people.
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On the last Friday’s session the EURUSD initially rallied but found enough resistance at 1.1976 to trim most of its gains and closed near the low of the day, however the currency pair closed within Thursday’s range, which suggests being slightly on the bearish side of neutral.
The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.2115, other daily resistance at 1.2041, a daily resistance at 1.1976, the 10-day moving average at 1.1934 (resistance), a daily resistance at 1.1910, the 50-day moving average at 1.1868 (support), a daily support at 1.1829 and another daily support at 1.1753.