Bewayopa's Trading Ideas

[bewayopa]

The movements of the EUR / USD this Monday were consolidation, keeping close to the moving average of 50 periods, and the 1st of the barrier resistance (1.27218).
R3 - 1.27647
R2 - 1.27393
R1 - 1.27218
Pivot - 1.26964
S1 - 1.26789
S2 - 1.26535
S3 - 1.26360

 

[bewayopa]

The dollar was stable against most of its G10 peers today.
R3 - 1.28633
R2 - 1.28167
R1 - 1.27237
Daily Pivot - 1.26771
S1 - 1.25841
S2 - 1.25375
S3 - 1.24445

 

[bewayopa]

The euro began the day lower in anticipation of the numbers of the preliminary German CPI for October.
Although the job market shows signs of improvement, the data of inflation reinforce the downward trend of the EUR/USD.
R3 - 1.27431
R2 - 1.26910
R1 - 1.26512
Daily Pivot - 1.25991
S1 - 1.25593
S2 - 1.25072
S3 - 1.24674
bewayopa | Trading Ideas

 

[bewayopa]

EUR / USD was too little time below 1.2600.
The daily momentum indicators contend that again will try to break this barrier.
The RSI (14) has moved downward after finding resistance slightly below the 50 line, while the MACD, already inside negative territory, seems to be willing to cross below its signal line.
R3 - 1.27431
R2 - 1.26910
R1 - 1.26512
Daily Pivot - 1.25991
S1 - 1.25593
S2 - 1.25072
S3 - 1.24674
bewayopa | Trading Ideas

 

[bewayopa]

The EURUSD rose slightly, despite a slight downward revision in industrial PMI in the Eurozone for October with a review of the initial estimate of 50.7 to 50.6, below expectations.
This review resulted in the manufacturing PMI in Germany have also been revised downwards.
Hopefully by now the numbers for US manufacturing PMI to anticipate the next moves.
R3 - 1.27312
R2 - 1.26740
R1 - 1.25993
Daily Pivot - 1.25421
S1 - 1.24674
S2 - 1.24102
S3 - 1.23355
bewayopa | Trading Ideas

 

[bewayopa]

The EUR / USD has been virtually unchanged today.
Yesterday moved into high being traded back above the 1.2500 line.
The momentum indicator, RSI (no longer oversold) and MACD (almost crossing the signal line) indicate that the declines may continue but careful is the watchword.
R3 - 1.25979
R2 - 1.25554
R1 - 1.25231
Daily Pivot - 1.24806
S1 - 1.24483
S2 - 1.24058
S3 - 1.23735
bewayopa | Trading Ideas

 

[abdul2012]

Great post and analysis for today thank you.

 

[bewayopa]

The EURUSD advanced yesterday after being known a report citing internal tensions in the European Central Bank.
The representatives of the central banks of the Eurozone plan tomorrow to challenge Mario Draghi on its goal to increase the balance of the Bank.
The advance of the euro can be attributed to the fact that markets were waiting for a program of quantitative easing large-scale, but after the tensions and disagreements within the ECB reported, these expectations were lowered.
R3 - 1.26570
R2 - 1.26118
R1 - 1.25471
Daily Pivot - 1.25019
S1 - 1.24372
S2 - 1.23920
S3 - 1.23273
bewayopa | Trading Ideas

 

[bewayopa]

As expected the European Central Bank left its interest rates unchanged reference.
The programs are expected to last at least two years in the approximate amount of 1 trillion euros.
German industrial production rose 1.4% in the previous month in September, which led to a strong recovery in exports and led to the growth of the trade surplus in September.
R3 - 1.26093
R2 - 1.25392
R1 - 1.24979
Daily Pivot - 1.24278
S1 - 1.23865
S2 - 1.23164
S3 - 1.22751
bewayopa | Trading Ideas

 

[bewayopa]

EUR / USD took off last Friday over the level of 1.2400.
This morning started in view of the resistance of 1.2535.
The outlook remains negative.
The level of momentum and RSI showed strength as the daily MACD remains below its zero line and signal.
There is a positive divergence between both oscillators and price action, which favors a correction.
R3 - 1.25722
R2 - 1.25406
R1 - 1.24816
Daily Pivot - 1.24500
S1 - 1.23910
S2 - 1.23594
S3 - 1.23004
bewayopa | Trading Ideas