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  1. CDO Markets

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    Resistance Level: 1.0615, 1.0680, 1.0760 Support Level : 1.0470, 1.0400, 1.0350 The EUR/USD dropped further and bottomed at 1.0501, the lowest level since Thursday. It then trimmed losses, rising to 1.0530. The move lower took place amid a stronger US dollar across the board. It ended Tuesday...
  2. CDO Markets

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    Resistance Level: 1.0615, 1.0680, 1.0760 Support Level : 1.0470, 1.0400, 1.0350 The EUR/USD rose further during the American session and climbed to 1.0614, reaching the highest level in two weeks. The euro was unable to consolidate above 1.0600 and pulled back underneath the psychological...
  3. CDO Markets

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    Support: 1.0468-1.0405-1.0349 Resistance: 1.0582-1.0620-1.0675 Disappointing PMI data from the Eurozone and Germany on Thursday revived concerns about a recession in Europe, while the German IFO business climate index, announced today, fell more than expected, indicating that the lines of...
  4. CDO Markets

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    Support: 1.0468-1.0405-1.0349 Resistance: 1.0582-1.0620-1.0675 EURUSD - 1,050 Recovered the Band… After losing 1.0468 on the third trading day of the week, the pair recovered above the 1.050 band with the reaction buying. During Fed Chairman Powell's statements, the parity generally...
  5. CDO Markets

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    Resistance Level: 1.0600, 1.0680, 1.0760 Support Level : 1.0450, 1.0340, 1.0250 The EUR/USD climbs for the second consecutive day, though struggled to get near the 1.0600 figure, as sellers dragged the major from daily highs around 1.0582 towards the 1.0530s area during the New York session...
  6. CDO Markets

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    Resistance Level: 1.0600, 1.0680, 1.0760 Support Level : 1.0480, 1.0340, 1.0250 EUR/USD advances above the 1.0500 level, and it is trading with gains more than 0.7% during the New York session. It surged to high 1.0600 area and settled near 1.0570, neutral in the daily chart. The shared...
  7. CDO Markets

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    Resistance Level: 1.0510, 1.0640, 1.0760 Support Level : 1.0340, 1.0250, 1.0200 The EUR/USD bounced from near the May low and jumped back above 1.0450. As Powell’s press conference ends, the pair is hovering around 1.0450, almost 60 pips above the level it had before the FOMC statement, still...
  8. CDO Markets

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    Resistance Level: 1.0800, 1.0860, 1.0930 Support Level : 1.0650, 1.0550, 1.0470 The EUR/USD failed to recover the 1.0750 zone and pulled back during Friday’s American session toward the 1.0700 area. It is about to end at the same level it had a week ago after the US dollar recovered strength...
  9. CDO Markets

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    Resistance Level: 1.0800, 1.0860, 1.0930 Support Level : 1.0630, 1.0550, 1.0470 The EUR/USD broke to the downside after trading for hours in a range between 1.0730-1.0700, dropping precipitously to 1.0650, and hitting its lowest level since May 25. It ended Wednesday at 1.0655, neutral to...
  10. CDO Markets

    General EURUSD Chart Analysis 3.70 star(s) 30 Votes

    Resistance Level: 1.0760, 1.0830, 1.0900 Support Level : 1.0640, 1.0550, 1.0470 The EUR/USD reached a fresh four-week high around 1.0765, but retreated some 30 pips in the last hour as the New York session wanes, courtesy of positive US data. It ended last week at 1.0730, bullish in the daily...
  11. CDO Markets

    Why do you trade forex? 3.80 star(s) 4 Votes

    If done right, trading Forex can become a full-time job.
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