EUR/USD Technical Analysis from a Newbie (need to be confirmed)

Yesterday the EURUSD initially fell but found enough buying pressure to reverse but closed in the middle of the daily range, in addition managed to close below the previous day low, which suggests a bearish momentum.

The pair closed below the 10 and 50-day moving average that should act as dynamic resistances and is still above the 200-day that is acting as dynamic support.

The key levels to watch are: a 61.8% Fibonacci retracement at 1.1347 (resistance), 50% Fibonacci retracement at 1.1264, a daily resistance at 1.1237, the 200-day moving average at 1.1202 (support), a Fibonacci retracement at 1.1181 (support) and a daily support at 1.1097.

EUR/USD bounced off 1.1140 and consolidation continues. I doubt it will end before the US Non-Farm Payrolls on Friday.

The euro posted neutral trading gainst the US dollar on Wednesday. The opening price almost coincided with that of the closing, respectively, 1.1202 and 1.1203. The trend fluctuated in a narrow range. Consodidation continues. Suport is located at 1.1122 and resistance is seen at 1.1284.

Yesterday the EURUSD went back and forward without any clear direction but closed in the middle of the daily range, in addition managed to close within the previous day range, which suggests being clearly neutral, neither side is showing control.

The pair is trading below the 10 and 50-day moving average that are acting as dynamic resistances but is still above the 200-day that is acting as dynamic support.

The key levels to watch are: a 61.8% Fibonacci retracement at 1.1347 (resistance), 50% Fibonacci retracement at 1.1264, a daily resistance at 1.1237, the 200-day moving average at 1.1202 (support), a Fibonacci retracement at 1.1181 (support) and a daily support at 1.1097.

EUR/USD is back to testing the support at 1.1180, and a breakout below that level would probably lead to a drop towards 1.1150, but it’s unlikely there’ll be any major changes before the fundamentals tomorrow.

The euro dropped against the dollar on Thursday. The Wednesday’s calm turned out to be temporary and thus the bearish sentiment played a starring role at this session. The single currency confirmed the negative expectations and the pair tested the support at 1.1122. Breaking trough it is very possible if the downward trend continues.

Yesterday the EURUSD fell sharply with a wide range and closed near the low of the day, in addition managed to close below the previous day low, which suggests a strong bearish momentum.

The pair is trading below the 10, 50 and 200-day moving averages that should act as dynamic resistances.

The key levels to watch are: a 50% Fibonacci retracement at 1.1264, a daily resistance at 1.1237, the 200-day moving average at 1.1202 (resistance), a Fibonacci retracement at 1.1181 (resistance), a daily support at 1.1097 and a 23.6% Fibonacci retracement at 1.1078.

EUR/USD reached 1.1100 but it’s currently retracing after forming a hammer candlestick on the one-hour time-frame above that support. The US Non-Farm Payrolls will be announced in less than an hour so we can expect a lot of volatility when that happens.

Eur/Usd pair is currently hovering around 1.120 handle, the pair short term remain bullish, 1.1200 is critical support level.

On the last Friday’s session the EURUSD initially fell hard but found enough support near 1.1097 to trim all its losses and closed near the high of the day, however it did not had enough strength to close above Thursday’s range, which suggests being slightly on the bullish side of neutral.

The pair closed below the 10, 50 and 200-day moving averages that should act as dynamic resistances.

The key levels to watch are: a 50% Fibonacci retracement at 1.1264, a daily resistance at 1.1237, the 200-day moving average at 1.1203 (resistance), a Fibonacci retracement at 1.1181 (resistance), a daily support at 1.1097 and a 23.6% Fibonacci retracement at 1.1078.

EUR/USD bounced off 1.1200 yet again and is moving to the downside towards 1.1150. A breakout below that support would lead to a further drop towards 1.1100.

Yesterday the EURUSD fell with a narrow range and closed near the low of the day, although managed to close within the previous day range, which suggests being slightly on the bearish side of neutral.

The pair continues to trade below the 10, 50 and 200-day moving averages that should act as dynamic resistances.

The key levels to watch are: a 50% Fibonacci retracement at 1.1264, a daily resistance at 1.1237, the 10-day moving average at 1.1199 (resistance), a Fibonacci retracement at 1.1181 (resistance), a daily support at 1.1097 and a 23.6% Fibonacci retracement at 1.1078 (support).

EUR/USD started the week with losses, with the euro depreciating by almost 40 pips to its lowest closing value of two months at 1.1137. The price remains under downward moving averages, RSI supports the bears, hinting at a possible test of 1.1105. Resistance is located at 1.1280 and 1.1355.

The euro was down against the US Dollar on Monday. By the close of US trading EUR / USD was trading at 1.1138, shedding 0.56%. I believe that the support is now located at the level of 1.1101, Friday’s low, and resistance is likely at the level of 1.1238 - the maximum of Wednesday.

Key levels to watch for:
Support: 1.1105; 1.1045; 1.0955;
Resistance: 1.1280; 1.1355.

EUR/USD finally broke below the support at 1.1100. Its next target is likely 1.1000 or even 1.0950.

The EUR/USD pair dragged below the psychological level at 1.1100, as US dollar is fueled now by the second US Presidential debate. Today the pair accelerated its decline to reach 1.1068 – the lowest level for the past two months.

The pair marked its worst session for the last three weeks and was trading at lowest levels since early August within 1.1141 and 1.1048. The price overcame the recent range and remains below the descending moving averages. The sentiment remains negative with immediate target yesterday’s low.

Yesterday the EURUSD fell with a wide range and closed near the low of the day, in addition managed to close below the previous day low, which suggests a strong bearish momentum.

The pair continues to trade below the 10, 50 and 200-day moving averages that should act as dynamic resistances.

The key levels to watch are: a daily resistance at 1.1237, the 10-day moving average at 1.1182 (resistance), a daily resistance at 1.1097, August swing low at 1.1046 (support) and July swing low at 1.0952 (support).

EUR/USD has almost reached the support at 1.1000 and whether it will break below it remains to be seen. That said, we should keep in mind that the FOMC meeting minutes will be released today, so we can expect major volatility.