The single currency reported a modest decline against the US dollar on Monday. The currency pair opened at 1.1197 and ended only 16 pips lower. If the euro continues the downward movement, we can expect a test of the first support at 1.1130. Otherwise, upwards, the pair will focus on the resistance at 1.1280.
Key levels to watch for:
Support: 1.1130; 1.0980; 1.0815;
Resistance: 1.1280.
On yesterday session, the EURUSD rose with a wide range and closed near the high of the day, in addition the currency pair closed above Monday’s high, which suggests a strong bullish momentum.
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a Fibonacci extension at 1.1373 (resistance), other Fibonacci extension at 1.1291 (resistance), a daily resistance at 1.1237, the 10-day moving average at 1.1190 (support), the 50-day moving average at 1.1129 (support), a daily support at 1.1097, swing high at 1.1021 (support) and a key level at 1.0970 (support).
EUR/USD finally found some resistance at 1.1390 and bounced off from it. The pair might likely retrace back to 1.1300.
Intense 24 hours it was! EUR/USD still heavily volatile at 1.1362.
It’s going up 100%
I think it will stop somewhere between 1.16, 1.17, and then will drop the bomb for 1.08 and maybe 1.05 at most. I don’t think we will see 1.03 again soon.
On yesterday session, the EURUSD initially fell but found enough support at 1.1291 to reverse and closed near the high of the day, in addition the currency pair managed to close above Tuesday’s range, which suggests a strong bullish momentum.
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.1558, other daily resistance at 1.1460, a Fibonacci extension at 1.1373 (resistance), other Fibonacci extension at 1.1291 (support), a daily support at 1.1237, the 10-day moving average at 1.1208 (support).
After a retracement to 1.1290 EUR/USD continued moving to the upside and is still very bullish. Next target is likely 1.1480 - 1.1500.
On yesterday session, the EURUSD rallied again but this time with a narrow range and closed near the high of the day, in addition managed to close above Wednesday’s range, which suggests a strong bullish momentum.
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.1558, other daily resistance at 1.1460, a Fibonacci extension at 1.1373 (support), other Fibonacci extension at 1.1291 (support), a daily support at 1.1237, the 10-day moving average at 1.1232 (support).
The pair remains strong uptrend strength while correction movement continue, next resistance can be found around 1.445 level.
The euro fell against the US dollar on Friday. By the close of US trading, EUR/USD was trading at 1.1425, losing 0.14%. I believe that support is now at around 1.1170, Monday’s low, and resistance is likely at 1.1445, Thursday’s high.
On the last Friday’s session the EURUSD initially fell but found enough buying pressure to trim some of its losses however still closed in the red but near the high of the day, in addition the currency pair managed to within Thursday’s range, which suggests being slightly on the bullish side of neutral.
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.1558, other daily resistance at 1.1460, a Fibonacci extension at 1.1373 (support), other Fibonacci extension at 1.1291 (support), a daily support at 1.1237, the 10-day moving average at 1.1260 (support).
EUR/USD finally found some resistance at 1.1445 and formed a hanging man candlestick on the daily time-frame at that level before bouncing off from the resistance. The closest target is likely around 1.1345 and a breakout below that level could lead to a further move to the downside towards 1.1270, which coincides with the (MA)89 indicator on the four-hour time-frame.
After the strong rally from last week, today the EUR/USD pair is seen in bearish mood. Ahead of ISM the pair fell to 1.1360. In case of breaking below 1.3658, next bears’ target will be 1.1280.
On yesterday session, the EURUSD fell with a wide range and closed near the low of the day, in addition the currency pair closed below Friday’s low, which suggests a strong bearish momentum.
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.1558, other daily resistance at 1.1460, a Fibonacci extension at 1.1373 (support), other Fibonacci extension at 1.1291 (support), a daily support at 1.1237, the 10-day moving average at 1.1308 (support).
The single currency recorded a decrease against the US dollar on Monday. The session started at 1.1417 and the euro lost 54 pips. Daytime extreme values were reached at 1.1426 and 1.1354 respectively. If the euro continues to move down, we can expect a first support test at 1.1280.
Key levels to watch for:
Support: 1.1280; 1.1130; 1.0980;
Resistance: 1.1430; 1.1520.
EUR/USD was flirting with 1.13 level today. In the short-term the risk remains towards the downside, having indicators in negative territory.
On yesterday session, the EURUSD fell with a narrow range and closed near the low of the day, in addition the currency pair closed below Monday’s low, which suggests a strong bullish momentum.
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.1558, other daily resistance at 1.1460, a Fibonacci extension at 1.1373 (resistance), the 10-day moving average at 1.1328 (support), other Fibonacci extension at 1.1291 (support) and a daily support at 1.1237.
Fed didn’r surpise the markets today and initially the US dollar retreated slightly. But later on moved higher and the EUR/USD is currently trading at 1.1341.