K.I.S.S analysis EUR/USD

This is a discussion on K.I.S.S analysis EUR/USD within the Forex forums, part of the Markets category; Originally Posted by fxstrategist The 1.1000 level seems like the fare price for the EURUSD during all the Greek turmoil. ...

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Old Jul 7, 2015, 11:05pm   #25
Joined Apr 2014
Quote:
Originally Posted by fxstrategist View Post
The 1.1000 level seems like the fare price for the EURUSD during all the Greek turmoil.
Fair statement, 1.1000 level can be important.
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Old Jul 8, 2015, 12:04am   #26
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she has rejected the previous weekly low
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Old Jul 8, 2015, 8:48am   #27
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honeill started this thread On yesterday session the EURUSD fell but found enough buying pressure shy below the 1.0955 level to turn back up but still closed in the red in the middle of the daily range. The currency is trading between two Fibonacci levels the 38.2 (resistance) at 1.1058 and the 50% (support) at 1.0955, these are the levels that we should pay attention for today.
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Old Jul 8, 2015, 1:57pm   #28
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The single currency registered a decrease against the dollar on Tuesday. The euro depreciated by almost 45 pips to a closing price of 1.1009. Before that the pair reached a one-month bottom level of 1.0916, while the peak was recorded at 1.1058. The chart continues to develop under the moving averages and relative strength index remains in negative territory, which implies bearish sentiment and a test of 1.0955.
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Old Jul 8, 2015, 6:59pm   #29
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There is an impressive inverted hammer candlestick right on top of the 1.1000 support level visible on the EUR/USD weekly filter chart. I think the pair might start climbing again, next target being 1.1120.
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Old Jul 8, 2015, 7:54pm   #30
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EUR/USD still struggling with 1.1000 as resistance level.
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Old Jul 8, 2015, 8:32pm   #31
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EUR/USD is failed to break above the 1.1090 today too and for the 2nd time this week,The pair still under strong buy in the market.
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Old Jul 9, 2015, 12:06am   #32
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Eur/Usd is consolidating above 1.1050 level due to latest rumors about possible Greece deal (another one) this weekend, on the upside resistance level can be found 1.1100.
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