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honeill replied Apr 13, 2015EURUSD fell on Friday’s session for the 4th straight day and close in the red on the middle of the daily range. The entered a daily support zone [1.06220 | 1.04620] and we may see some choppy action until a clear breakout of this area. On Tuesdays ...
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honeill replied Apr 10, 2015The USD strengthen after better-than-expected US initial jobless claims and continuing jobless claims putting pressure on the EURUSD that fell fast and hard on yesterday session. If the 1.0622 support do not hold it may continue the downside ...
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honeill replied Apr 9, 2015EURUSD fell on yesterday session after the release of the latest FOMC Minutes, as they were perceived slightly less dovish and a June rate hike is still possible. So we may expect the resumption of the downward trend to the next target at 1.0680.
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honeill replied Apr 8, 2015EURUSD fell on yesterday session on above average volume and closed near the low of the day. The pair in the short-term is still respecting the upward trend line and making higher lows. All eyes turned to the FOMC minutes later today and one of two ...
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honeill replied Apr 7, 2015EURUSD initially rose but found enough resistance at the 50-day moving average to turn around and close near the low of the day. The pair is being squeezed between the 10-day and the 50-day moving averages and on a break of either moving averages we ...
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honeill replied Apr 6, 2015EURUSD rose on Friday’s session but found enough selling pressure at a Fibonacci retracement level to turn around and close in the middle of the daily range. Stochastic is showing bullish momentum and is still above the 50 level. We may expect an ...
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honeill replied Apr 3, 2015EURUSD rose on yesterday session closing well in the green near the high of the day and above the 10-day moving average. Today we will have low liquidity due to Good Friday bank holiday in Europe and Oceania however in the US the nonfarm payrolls ...
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honeill replied Apr 2, 2015Last month EURUSD fell more than 4.0% and is in a bearish phase, trading below the 10-day moving average. The pair initially fell during yesterday session but found enough support at a Tuesday’s low to turn around and closed near the open of the ...
EURUSD ONLY
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EURUSD ONLY
Started Apr 1, 2015|Commercial Content|110 replies
EURUSD fell for the second straight day on yesterday session and is gazing the 1.0680 level on ...
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honeill replied Mar 31, 2015EURUSD fell on yesterday session with a narrow range day of 80 pips, creating an inside day and closed near the low of the day. The pair is still in a bearish phase and closed below the 10-day moving average. The stochastic is showing bearish ...
EURUSD
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honeill replied Mar 30, 2015EURUSD initially fell on Friday’s session but found enough support at the 10-day moving average to turn around and closed slightly above the open in a choppy trading day. The 10-day moving average is acting as a dynamic support so a break below ...
EURUSD
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honeill replied Mar 27, 2015The upward trend correction may be over as EURUSD reversed its direction and gave all its early gains on yesterday session, after better-than-expected US initial jobless claims plus a rise in Markit Services PMI gave the USD further strength, ...
EURUSD
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honeill replied Mar 26, 2015EURUSD rose on yesterday session after disappointing US durable goods orders for February and close in the middle of the daily range, in a typically digestion day, creating an inside day. To the upside we have strong resistances at 1.1097 and the ...
EURUSD
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honeill replied Mar 25, 2015EURUSD initially rallied but found enough resistance at a 61.8 Fibonacci retracement to turn around and close near the low of the day. Nothing fundamental as change so the long-term trend is still bearish, the strategy is to short rallies below the ...
EURUSD
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honeill replied Mar 24, 2015EURUSD has been rallying hard since chances of a Fed rate hike have diminished as the likelihood of a rate hike has diminished, partially because the speculation of a rate hike drove up the USD in the first place! Short-term the trend is extremely ...
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honeill replied Mar 23, 2015EURUSD rose on Friday’s session and close near the high of the day in a typically digestion day, creating the 2nd inside day. The pair is consolidating waiting for the big move one way or another. It’s coming.
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honeill replied Mar 20, 2015EURUSD initially rose but found enough selling pressure at 50% of Fibonacci retracement to reverse and close near the low of the day in a typical digestion day. The pair should consolidate from 1.08 to 1.05 levels until Tuesday of next week.
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honeill replied Mar 19, 2015EURUSD had a high volatile session yesterday with a 467 pips range after Fed's monetary policy statement. The Dovish tone coming out from the Fed’s statement triggered a short squeeze pushing the pair to 1.1034 so today should be a digestion day, ...
EURUSD
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honeill replied Mar 18, 2015EURUSD initially rose but found enough resistance at the 10-day moving average to push price back down and close in the middle of the daily range. A close above the 10-day moving average could signal a swift in mid-term trend. Focus now turns to the ...
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honeill replied Mar 17, 2015EURUSD rose on yesterday session mainly on the back of profit taking ahead of this week’s FOMC monetary policy announcement. From a wider angle, rallies towards levels of around 1.08 should still prove to be a good selling opportunities. This is ...
EURUSD