EUR/USD broke above 1.0930 and will probably continue climbing towards 1.0970. The US change in the non-farm payrolls is later this week, this will probably provoke some volatility in the pair but whether it will be enough to end the range is uncertain.
Finally EUR/USD is over the resistance line, I will wait for the close price for confirmation.
1.0977 will be the next target for the EUR/USD if itis broke above the 1.0938 today.
On yesterday’s session the euro continued to increase against the dollar for a second day and added 31 pips to a closing price of 1.0918. Extreme values for the session were reached respectively at 1.0939 and 1.0884. In view of the movement of the pair in range, the outlook remains neutral in the short term.
Eur/Usd is still trading sideways after testing the immediate support level at 1.0900, the pair seems stay positive above the 1.0920 for now.
Yesterday the EURUSD rose again with a narrow range, but this time managed to close near the high of the day, furthermore closed above the previous day range, suggesting a strong bullish momentum.
The pair closed above the 10 and the 50-day moving averages that are acting as dynamic support.
The key levels to watch are: The 200-day moving average at 1.1028 (resistance), the previous swing high at 1.0967 (resistance), the 50-day moving average at 1.0893 (support), the 10-day moving average at 1.0874 (support) and the last swing low at 1.0810 (Support).
EUR/USD finally broke above the resistance at 1.1000. Next target is 1.1100, but in a longer term it might climb to the resistance at 1.1350.
Great break through for the EUR/USD but the hourly resistance 1.1086 was stronger, waiting to see the 1.1100.
the market was waiting for the break over the resistance level 1.0900 and now price spiked over 1.1100 overall that is a good day.
The single currency recorded considerable profits on Wednesday session and thus managed to overcome its recent upwards range. The euro added nearly 200 pips to a closing price of 1.1102. The daily extreme values were reached respectively at 1.1137 over three-month high and 1.0903. The index of relative strength highlights the dominance of bulls as immediate goal appears to be 1.1105.
Yesterday the EURUSD rallied again with a wide range and managed to close near the high of the day, furthermore closed above the previous day range, suggesting a strong bullish momentum.
The pair continues to close above the 10 and the 50-day moving averages that are acting as dynamic support, and closed for the first time in three months above the 200-day moving average.
The key levels to watch are: The daily resistance at 1.1236, the daily resistance at 1.1097, the 200-day moving average at 1.1028 (support), the 10-day moving average at 1.0874 (support) and the 50-day moving average at 1.0893 (support).
Euribor rates show no sign of lifitng
12 month Euribor rate - current rates and charts
so even as USD weakness temporarily boosts the Euro
there is no fundamental change to the sentiment for
the single currency, which means that the peeping
above 1.10 remains short-lived.
Non-commercial positioning last week (COT) was still
heavily short the Euro, so there is just no happy-ending
story for the Euro at the moment:
EUR/USD has been trapped between 1.05 and 1.15 since
Feb. 2015, and is showing no sign of progress:
In truth, neither bulls nor bears have won their bet for
an entire year, but a bearish turn seems like the most
probable outcome at present.
Eur/Usd just broke the psychological level at 1.1200, it seems nothing to stop the pair rising towards next handle around 1.1500.
The pair retraced back below 1.1200 and will probably continue falling towards 1.1160, but that move to the downside is likely only temporary.
EUR/USD is continue to coming down till 1.11000. anything above 1.12400 then that is the confirmation of going higher to 1.1500
The EUR/USD boost higher today above the daily resistance at 1.1192 and in my opinion it will climbs to the 1.1291.
Another good bullish day on EUR/USD but I guess there will be a pause here, on the 4 hours chart the market formed a doji which makes me cautious.
And to think a simple 5 moving average reaps you wealth…
Don’t fear the reaper.
Yesterday the EURUSD continued the rallied but with a narrow range and managed to close near the high of the day, furthermore closed above the previous day high, suggesting a strong bullish momentum.
However it made a pause on mid-term resistance at 1.1236 possibly waiting for today’s nonfarm payrolls number.
The pair continues to close above the 10, 50 and the 200-day moving averages that are acting as dynamic support.
The key levels to watch are: The daily resistances at 1.1556, other daily resistance at 1.1460, daily support at 1.1097, the 200-day moving average at 1.1028 (support), the 10-day moving average at 1.0965 (support) and the 50-day moving average at 1.0910 (support).
well here is US data lets see what it does to euro