Its a laxative bro, for people that give you the …s
Thanks Bob, one of the most honest posts on this thread in a while 
The single currency marked steady growth on Monday amid the negative result on the Italian referendum and the positive data on retail sales in the eurozone. The euro added 116 pips to 1.0763 and reached highest level at 1.0795. 1.0505 acted as support which technically led the EUR/USD pair to third consecutive day of increase. Bulls are now encouraged and next target appears to be 1.0820.
Nothing stops the commentary…
nothing…
The EURUSD has found some support at the 1.0700 zone. From there, the price may try to bounce to the upside and continue with its bullish trend. But a breakdown could take the pair back to the congestion area around the 1.0600 zone.
The posistive GDP data in the euro zone couldn’t support enough the euro during yesterday’s trading and session closed 47 pips lower to 1.0716. Currently the EUR/USD is trading sideways above 1.07 mark. A break above 1.0746 would lead the pair to test 1.08 levels. Support is seen at 1.0694.
Key levels to watch for:
Support: 1.0690; 1.0510; 1.0460;
Resistance: 1.0820; 1.0945; 1.1030.
The euro rose against the dollar on Wednesday. By the close of US trading EUR/USD was trading at 1.0750, gaining 0.30%. I believe that the support is now located at the level of 1.0503, Monday’s low, and resistance is at the level of 1.0798 - Monday’s high.
The dollar rebounded against a basket of currencies on Thursday after the European Central Bank has stated that they intend to extend their asset purchase program by another nine months, while the US labor market data fell short of the forecast.
The EUR/USD fell by 0.43% to 1.0712, falling from session highs at 1.0873.
Following the announcement by ECB the single currency recorded its biggest drop against the dollar since June. As expected the bank is extending the program of quantitative easing, but surprised markets with lower monthly volume of purchases. The EUR/USD pair wiped out 139 pips to 1.0612. The price went below the moving averages, while RSI is losing ground. Attitudes remain negative and break of 1.0580 will contribute to further decline.
The EUR/USD move to the downside continues. The pair is testing 1.0550 and it will very likely reach the previous low at 1.0504.
The EUR/USD pair has turned to bearish mode and is very close to the yearly low pinned this December at 1.0504. The current market price is 1.0551 and the risk is clearly facing the downside, with a break below 1.0500.
Long term downtrend seems intact, but the pair still holds above the support zone 1.0520/00. Another critical week for Eur/Usd, I would wait for Wednesday FED’s interest rate decision.
On the last Friday’s session the EURUSD fell again but this time with a narrow range and closed near the low of the day, also managing to close below Thursday’s low, which suggests a strong bearish momentum.
The currency pair is trading below the 10, 50 and the 200-day moving averages that should act as dynamic resistances.
The key levels to watch are: a daily resistance at 1.0819 (resistance), a Fibonacci extension at 1.0666 (resistance), the 10-day moving average at 1.0650, a daily resistance at 1.0622, (support) and the all-time low at 1.0462.
EUR/USD has formed an inverted hammer candlestick on the weekly time-frame above the support at 1.0500 after its move to the downside last week. A bounce to the upside is possible, but it’s unlikely that will occur before the FED interest rate decision announcement later this week.
The EUR/USD pair jumped to 1.0651 today, which is the highest level since last Thursday. The single currency was boosted by the OPEC matters as the US dollar suffered along with the deal to reduce the global oil glut. Anyway the downward slope remains intact as long as the pair is situated below 1.0850 area.
The new week strated positive for the single currencly and was seen elevated against the US dollar on Monday session. There is slight chance for the EUR/USD pair to bounce higher. The intraday support is seen at 1.513 and 1.0452. Resistance is located at 1.0873 and higehr at 1.0925.
Yesterday the EURUSD rose with a wide range, while engulfing the Friday’s candle, and closed near the high of the day, in addition managed to close above Fridays high, which suggests a strong bullish momentum.
The currency pair continues to trade below the 10, 50 and the 200-day moving averages that should act as dynamic resistances.
The key levels to watch are: a daily resistance at 1.0819 (resistance), a Fibonacci extension at 1.0666 (resistance), the 10-day moving average at 1.0644 (resistance), a daily support at 1.0622, and the all-time low at 1.0462 (support).
EUR/USD is still testing the resistance at 1.0650. A breakout above that level will likely lead to a further move to the upside towards 1.0700.
The EURUSD may stay consolidated around the 1.0600 level until the FEDs announcement.