K.I.S.S analysis EUR/USD

[EnlightenedJoe]

Short EUR/USD @1.2042, no limits.

 

[EnlightenedJoe]

Short EUR/USD @1.20534, no limits.

 

[FX WES]

The start of Draghi’s press conference skyrocketed the EUR/USD pair to a new fresh high at 1.2059. However later the pair retreated and the current market price is 1.2003. Upside remains capped by 1.2040 while dowside is limitted by 1.1980.

 

[honeill]

On yesterday session, the EURUSD rallied with a wide range and managed to close near the high of the day, in addition the currency pair closed above Wednesday’s high, which suggests a strong bullish momentum.

The currency pair is trading above the 10, 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 support at 1.1976, other daily support at 1.1910, the 10-day moving average at 1.1932 (support), other daily support at 1.1829 and a daily support at 1.1753.

 

[EnlightenedJoe]

Short EUR/USD @1.20686, no limits.

 

[EnlightenedJoe]

Hey Joe.

Have you closed your3 shorts with NO stops or are you leaving them open over the WKend? If you decide to leave them open will you be placing stops?
Just curious how you use the Merchant advanced method?

No limits means no stops, no time limits, no nothing, and it's no joke.

 

[FX WES]

EUR/USD closed slightly above 1.20, up more than 150 pips for the week. The pair might meet first challenge at 1.2090, next at 1.2170 and higher at 1.2245. Looking to downside fist support is seen at 1.2000, second at 1.1945 and lower at 1.1875.

 

[csc2009]

Market still fear on how Hurricans would affect the Dollar, I'm expecting the pair would extend its gain afer the correction movement. Resistance can be found around 1.2090/1.2100 zone.

 

[honeill]

On the last Friday’s session the EURUSD initially tried to rally but found enough resistance at 1.2090 to erase most of its gains and close 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 above the 10, 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 support at 1.1976, other daily support at 1.1910, the 10-day moving average at 1.1948 (support), other daily support at 1.1829 and a daily support at 1.1753.

 

[arigoldman]

Hovering around 1.20, interesting to see what the week brings, a lot of fundamentals ahead.

 

[FX WES]

EUR/USD lost upward stength today , broke below 1.9070 and marked intraday low at 1.1954. However tThe decline seems to be corrective, as in the long term bulls remain unwavering.

 

[honeill]

On yesterday session, the EURUSD fell with a wide range and closed near the low of the day, in addition the currency pair managed to close below Friday’s low, which suggests a strong bearish momentum.

The currency pair is trading above the 10, 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 1.1946 (support), a daily support at 1.1910, other daily support at 1.1829 and a daily support at 1.1753.

 

[EnlightenedJoe]

Close short position @1.19319 for token profit.

 

[victoriajensen]

EUR/USD continues consolidating sideways between 1.1920 - 1.1980. Consolidation likely won't end before the fundamentals affecting the USD start coming out tomorrow.

 

[FX WES]

The short term ourlook for EUR/USD turned to negative, but however the downside movement is limited by 1.1920. The pair bounced from the daily low at 1.1925 and the current market price is 1.1963 and in case of holding above 1.1950, doors will opened for testing 1.1975.

 

[honeill]

On yesterday session, the EURUSD initially fell but found enough support near the 10-day moving average to trim all its losses and closed near the high of the day, although the currency pair closed within Monday’s range, which suggests being slightly on the bullish side of neutral.

The currency pair is trading above the 10, 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 1.1958 (support), a daily support at 1.1910, other daily support at 1.1829 and a daily support at 1.1753.

 

[EnlightenedJoe]

Closed the following short EUR/USD positions for token profit.

@1.19281
@1.19247

 

[victoriajensen]

EUR/USD is very bearish for now. The pair is testing the support at 1.1880 and if it breaks out below that level it will probably continue falling towards 1.1820 - 1.1800.

 

[FX WES]

EUR/USD fell sharply today amid tax reform plans talks having marked daily low at 1.1885, the lowest level for the last week. If the pair continue to fall next support at 1.1865 will come into play.

 

[honeill]

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 1.1950 (resistance), a daily resistance at 1.1910, a daily support at 1.1829 and a daily support at 1.1753.