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EURUSD

For one more week the EURUSD was under selling pressure, despite the fact that the US NFP data came in lower for this month as well though the figures were revised higher for the last month. EURUSD hit the weekly low at 1.1910, it started the week from around 1.21 area. The Euro has been in a bearish mood since mid-April, and this week broke below the important 200 day MA just to turn the longer momentum also to bearish.
First support for the EURUSD is the Friday’s low at 1.1910 then at 1.1817 a…
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EURUSD

EURUSD made the correction that i was waiting for today and went back to 1.22, which proved a support line, and attracted some buyers that have missed the recent rally. As the bullish momentum is still intact bids drive the price up to 1.2230 and now is trying to regain the 50h MA at 1.2240, which will add more buyers to the game.
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EURUSD

EURUSD is trading higher for third day after it managed to find support at 1.1695. The pair has broken above the 50h MA today and reached the 100h MA at 1.1738. EUR was very strong today against USD despite strong NFP data. For now next resistance is at 1.1830, support could be found at 1.1695 (low Oct 3) and 1.1662 (low Aug 17). I am watching short term action closely as the bullish momentum on the daily chart is still intact, but I believe reading the short term signals suggest for a move to 1…
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EURUSD

EURUSD today managed to break the 200h MA and also regains the 1.19 level turning the short term momentum to bullish. Strong data from EU and Germany supports the buyers, but all traders are waiting for the ECB comments next Thursday. I will stay long as fa as the pair is trading above the 1.19 level.
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EURusd

EURUSD have reached overbought level and profit taking will drive the price to lower levels
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EURUSD

EURUSD is under selling pressure today after hitting the daily high at 1.1231, but inside Friday’s range. The long term trend is up according to the daily chart. However in the short term, momentum is trending lower. The main trend will turn down on a trade through 1.1109. The pair has found support at the 50h MA and currently trading at 1.12 level targeting 1.1267 for August. I will go long as far as the pair is holding that level and i will close the position if the pair breaks below 1.1193
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EURUSD

EURUSD still looks strong targeting 1.13 but the RSI have reached 73.3 a level that may trigger some profit taking.
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EURUSD

Weakness in USD send the pair higher close to 1.0737 which is the next strong resistance. I will open a short position as the move higher was very fast and without support from fundamentals.
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EURUSD will hit 1.05

EURUSD will hit 1.05 by March as the pressure from the EU problems will send investors away.
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EUR/USD rebound

Nice move from my favorite pair EUR/USD, after hit the daily high at 1.1349 the sellers stepped in and drove the euro back down to 1.1242, which now acts as a strong support, entering a long position for the pair at the daily lows will gives us the opportunity to gain some pips.
EUR/USD now looks oversold and a rebound is possible.
Because the Brexit vote on Thursday is a major catalyst, all Forex markets will be neutral before the announcement. Hence, there will be a 50% chance of a bull breako…
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