The single currency recorded an increase against the US dollar on Thursday. The session started at 1.2013 and ended 54 pips higher. Daytime extreme values ??were reached at 1,2004 and 1,2088 respectively. If the upward trend continues, we can expect a second resistance test at 1.2260.
Key levels to watch for:
Support: 1.1990; 1.1875; 1.1735;
Resistance: 1.2070; 1.2260;
On yesterday session, the EURUSD rose with a wide range and closed near the high of the day, in addition managed to close above Wednesday 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: a daily resistance at 1.2115, other daily resistance at 1.2041, a Fibonacci retracement at 1.1995, the 10-day moving average at 1.1978 (support) and other Fibonacci retracement at 1.1942.
The upward potential remains strong on weekly basis.
EUR/USD has formed a double top at 1.2090, there will likely be a new move to the downside towards 1.2000.
North for more than 10 days.
Interesting to see what the week brings! I’m still bullish on the Euro.
Same here, The bullish trend remains intact while correction movements currently in place, Eur/Usd has found resistance around 1.209/1.210 zone.
On the last Friday’s session the EURUSD fell with a narrow range and closed near the low of the day, although the currency pair managed to close within Thursday’s range, which suggests being slightly on the bearish 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: a daily resistance at 1.2115, other daily resistance at 1.2041, a Fibonacci retracement at 1.1995, the 10-day moving average at 1.1975 (support) and other Fibonacci retracement at 1.1942.
EUR/USD bounced off from 1.2090 after forming a double top at that level and it is likely retracing back towards 1.1900.
On yesterday session, the EURUSD dropped with a wide range and closed near the low of the day, in addition managed to close below Friday’s low, which suggests a strong bearish momentum.
The currency pair closed below the 10-day moving average that should now act as a dynamic resistance however is trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch: a daily resistance at 1.2115, other daily resistance at 1.2041, a Fibonacci retracement at 1.1995, the 10-day moving average at 1.2006 (resistance), a Fibonacci retracement at 1.1942 and other Fibonacci retracement at 1.1899.
The pair is still quite bearish and it will probably break out below 1.1900. If it does it will likely continue falling to 1.1850 or even 1.1800.
Additonal declines are expected towards 1.1875 in case the pair returns back to test the 50% Fibo, at 1.1915.
On yesterday session, the EURUSD fell again but this time with a narrow range and closed near the low of the day, in addition managed to close below Mondays’ low, which suggests a strong bearish momentum.
The currency pair closed below the 10-day moving average that should now act as a dynamic resistance however is trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch: a daily resistance at 1.2115, other daily resistance at 1.2041, a Fibonacci retracement at 1.1995 (resistance), the 10-day moving average at 1.2006 (resistance), a Fibonacci retracement at 1.1942 (support) and other Fibonacci retracement at 1.1899 (support).
EUR/USD bounced off from 1.1915 although there will likely be another attempt to break out below that level considering how bearish the pair is again.
On yesterday session, the EURUSD initially rallied with a wide range but found enough resistance near the 10-day moving average to erase most of its gains and closed near the low of the day, however closed within Tuesdays range, which suggests being slightly on the bearish side of neutral.
The currency pair closed below the 10-day moving average that should now act as a dynamic resistance however is trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch: a daily resistance at 1.2115, other daily resistance at 1.2041, a Fibonacci retracement at 1.1995 (resistance), the 10-day moving average at 1.2000 (resistance), a Fibonacci retracement at 1.1942 (support) and other Fibonacci retracement at 1.1899 (support).
Eurusd currently on low movement, look on daily timeframe figure out doji candle with bearish pressure, reading news calendar economy today, there are news high impact PPI, my scenario if price break low 1.9154 hence will possible trend bearish still continue, these area included support area
EUR/USD broke out above 1.2020 today but the pair also formed a shooting star candlestick at 1.2060 on the four-hour time-frame, so a new drop is likely.
On yesterday session, the EURUSD rallied with a wide range and closed near the high of the day, in addition managed to close above Wednesdays 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: a daily resistance at 1.2115, other daily resistance at 1.2041, a Fibonacci retracement at 1.1995 (resistance), the 10-day moving average at 1.2021 (support), a Fibonacci retracement at 1.1942 (support) and other Fibonacci retracement at 1.1899 (support).
One deep breath in the form of Angela Merkel just supplied, now to watch for support.
Good to see some Eur/Gbp strength despite the cable buying.