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

On yesterday session, the EURUSD rallied with a wide range and closed near the high of the day, in addition, managed to close above Wednesday’s high, which suggests a strong bullish momentum.

The currency pair is trading above the 10 and the 50-day moving averages, that should provide a dynamic support, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1615 (support), the 50-day moving average at 1.1589 (support), a daily support at 1.1555, other daily support at 1.1459.

On the last Friday’s session, the EURUSD Tried to rally but found enough resistance near 1.1733 to reverse and close near the low of the day, in addition, managed to close below Thursday’s low, which suggests a strong bearish momentum.

The currency pair is trading above the 10 and the 50-day moving averages, that should provide a dynamic support, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1613 (support), the 50-day moving average at 1.1586 (support), a daily support at 1.1555, other daily support at 1.1459.

On yesterday session, the EURUSD rallied with a narrow range and closed near the high of the day, however, closed within Friday’s range, which suggests being slightly on the bullish side of neutral.

The currency pair is trading above the 10 and the 50-day moving averages, that should provide a dynamic support, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1623 (support), the 50-day moving average at 1.1586 (support), a daily support at 1.1555, other daily support at 1.1459.

On yesterday session, the EURUSD went back and forward without any clear direction, however, closed in the middle of the daily range, in addition, managed to close within Mondays’ range, which suggests being clearly neutral, neither side is showing control.

The currency pair is trading above the 10 and the 50-day moving averages, that should provide a dynamic support, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1634 (support), the 50-day moving average at 1.1585 (support), a daily support at 1.1555, other daily support at 1.1459.

On yesterday session, the EURUSD i went back and forward without any clear direction, however, closed in the middle of the daily range, in addition, managed to close within Tuesdays’ range, which suggests being clearly neutral, neither side is showing control.

The currency pair is trading above the 10 and the 50-day moving averages, that should provide a dynamic support, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1648 (support), the 50-day moving average at 1.1585 (support), a daily support at 1.1555, other daily support at 1.1459.

Bullish seems not over just yet, immediate resistance can be found 1.1790/20 zone, break above it we would be looking for another upward extension.

On yesterday session, the EURUSD rallied with a wide range and closed near the high of the day, in addition, managed to close above Wednesday’s high, which suggests a strong bullish momentum.

The currency pair is trading above the 10 and the 50-day moving averages, that should provide a dynamic support, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: The 200-day moving average at 1.1917 (resistance), key level at 1.1915 (resistance), daily resistance at 1.1829, daily support at 1.1753, a key level at 1.1684 (support) and the 10-day moving average at 1.1648 (support).

On the last Friday’s session, the EURUSD tried to rally but found enough resistance near 1.1795 to reverse and close near the low of the day, although, 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 and the 50-day moving averages, that should provide a dynamic support, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: key level at 1.1915 (resistance), the 200-day moving average at 1.1910 (resistance), daily resistance at 1.1829, daily support at 1.1753, a key level at 1.1684 (support) and the 10-day moving average at 1.1699 (support).

On yesterday session, the EURUSD tried to rally with a wide range but found enough selling pressure near 1.1795 to erase all of its gains and closed near the low of the day, however, closed within Friday’s range, which suggests being slightly on the bearish side of neutral.

The currency pair is trading above the 10 and the 50-day moving averages, that should provide a dynamic support, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: key level at 1.1915 (resistance), the 200-day moving average at 1.1906 (resistance), daily resistance at 1.1829, daily support at 1.1753, a key level at 1.1684 (support) and the 10-day moving average at 1.1706 (support).

On yesterday session, the EURUSD tried to rally with a narrow range but found enough selling pressure near 1.1795 to trim some of its gains and closed in the middle of the daily range, in addition, managed to close within Mondays’ range, which suggests being clearly neutral, neither side is showing control.

The currency pair is trading above the 10 and the 50-day moving averages, that should provide a dynamic support, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: key level at 1.1915 (resistance), the 200-day moving average at 1.1903 (resistance), daily resistance at 1.1829, daily support at 1.1753, a key level at 1.1684 (support) and the 10-day moving average at 1.1720 (support).

On yesterday session, the EURUSD tried to rally but found enough resistance near the 1.1795 to erase all of its gains and closed near the low of the day, however, managed to close within Tuesdays’ range, which suggests being slightly on the bearish side of neutral.

The currency pair is trading above the 10 and the 50-day moving averages, that should provide a dynamic support, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: key level at 1.1915 (resistance), the 200-day moving average at 1.1900 (resistance), daily resistance at 1.1829, 61.8 Fibonacci expansion at 1.1795 (resistance), daily support at 1.1753, a key level at 1.1684 (support) and the 10-day moving average at 1.1725 (support).

On yesterday session, the EURUSD dived with a wide range and closed near the low of the day, in addition, managed to close below Wednesday’s low, which suggests a strong bearish momentum.

The currency pair is trading above the 50-day moving average, that should provide a dynamic support but closed below the 10-day moving average that should provide a dynamic resistance, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: daily resistance at 1.1829, 61.8 Fibonacci expansion at 1.1795 (resistance), daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1710 (resistance), the 50-day moving average at 1.1592 (support) and a daily support at 1.1555.

On the last Friday’s session, the EURUSD initially fell but found enough buying pressure near 1.1570 to trim some of its losses and close in the middle of the daily range, in addition, managed to close below Thursday’s low, which suggests a bearish momentum.

The currency pair is trading above the 50-day moving average, that should provide a dynamic support but closed below the 10-day moving average that should provide a dynamic resistance, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: daily resistance at 1.1829, 61.8 Fibonacci expansion at 1.1795 (resistance), daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1699 (resistance), the 50-day moving average at 1.1594 (support) and a daily support at 1.1555.

On yesterday session, the EURUSD tried to rise with a narrow range but found enough selling pressure near 1.1625 to erase all of its gains and closed near the low of the day, however, closed within Friday’s range, which suggests being slightly on the bearish side of neutral.

The currency pair is trading below the 10 and the 50 and the 200-day moving averages, all should provide a dynamic resistance.

The key levels to watch: daily resistance at 1.1829, 61.8 Fibonacci expansion at 1.1795 (resistance), daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1667 (resistance), the 50-day moving average at 1.1592 (resistance), a daily support at 1.1555 and other daily support at 1.1459.

On yesterday session, the EURUSD initially fell with a wide range but found enough buying pressure near 1.1505 to trim some of its losses and closed in the middle of the daily range, in addition, managed to close below Mondays’ low, which suggests a bearish momentum.

The currency pair is trading below the 10 and the 50 and the 200-day moving averages, all should provide a dynamic resistance.

The key levels to watch: daily resistance at 1.1829, 61.8 Fibonacci expansion at 1.1795 (resistance), daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1653 (resistance), the 50-day moving average at 1.1593 (resistance), a daily support at 1.1555 and other daily support at 1.1459.

The bears are in control since the pair broke below 1.1500 level, downside doors are wide open. Important support level at 1.1460 zone.

On yesterday session, the EURUSD tried to rally but found enough resistance near the 50-day moving average to erase all of its gains and closed near the low of the day, in addition, managed to close within Tuesdays’ low, which suggests a strong bearish momentum.

The currency pair is trading below the 10 and the 50 and the 200-day moving averages, all should provide a dynamic resistance.

The key levels to watch: daily resistance at 1.1829, 61.8 Fibonacci expansion at 1.1795 (resistance), daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1645 (resistance), the 50-day moving average at 1.1591 (resistance), a daily resistance at 1.1555 and other daily support at 1.1459.

The pair rebounded to 1.1542 the immediate resistance level, but the dollar remains strong. Eur/Usd is expected to continue its correction movements ahead of NFP on Friday.

On yesterday session, the EURUSD rose with a narrow range but by the end of the day gave back to the market some of its gains and closed in the middle of the daily range, in addition, managed to close within Wednesday’s range, which suggests being clearly neutral, neither side is showing control.

The currency pair is trading below the 10 and the 50 and the 200-day moving averages, all should provide a dynamic resistance.

The key levels to watch: daily resistance at 1.1829, 61.8 Fibonacci expansion at 1.1795 (resistance), daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1595 (resistance), the 50-day moving average at 1.1587 (resistance), a daily resistance at 1.1555 and a daily support at 1.1459 and a 2018 low at 1.1300 (support).

On the last Friday’s session, the EURUSD went back and forward without any clear direction, nonetheless, closed in the middle of the daily range, in addition, managed to close within Thursday’s low, which suggests being clearly neutral, neither side is showing control.

The currency pair continues to trade below the 10 and the 50 and the 200-day moving averages, all should provide a dynamic resistance.

The key levels to watch: daily resistance at 1.1829, 61.8 Fibonacci expansion at 1.1795 (resistance), daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1589 (resistance), the 10-day moving average at 1.1548 (resistance), a daily resistance at 1.1555 and a daily support at 1.1459 and a 2018 low at 1.1300 (support).

1 Like