The pair is testing the resistance at 1.2400 but it has not broken out above it yet. If it does it may rise even to 1.2480.
On yesterday session, the EURUSD rallied with a wide range and closed near the high of the day, in addition managed to close above Mondaysâ high, which suggests a strong bullish momentum.
The currency pair is trading above the 10, the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (support), the 10-day moving average at 1.2352 (support), the 50-day moving average at 1.2337 (support), a daily support at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).
EUR/USD bounced off from 1.2400 after forming a spinning top candlestick at that level on the four-hour time-frame and it is currently testing the support at 1.2350. Whether it will break out below that level too is uncertain, becauce the pair has also formed a shooting star candlestick at the aforementioned support level on the same time-frame.
On yesterday session, the EURUSD initially rose but found enough selling pressure to reverse and closed near the low of daily, however managed to close within Tuesdaysâ range, which suggests being slightly on the bearish side of neutral.
The currency pair is trading above the 10, the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (support), the 10-day moving average at 1.2355 (support), the 50-day moving average at 1.2339 (support), a daily support at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).
The pair did break out below 1.2350 and is currently testing the support at 1.2300. If it breaks out below that level too it will likely reach 1.2270.
On yesterday session, the EURUSD fell with a wide range and closed near the low of the day, in addition managed to close below Wednesdayâs low, which suggests a strong bearish momentum.
The currency pair is trading below the 10 and the 50-day moving averages that should act as dynamic resistances however is still trading above the 200-day moving average that should provide dynamic support.
The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (resistance), the 10-day moving average at 1.2347 (resistance), the 50-day moving average at 1.2341 (resistance), a daily support at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).
EUR/USD marked huge drop today but stalled at 61.8% Fibo of March bullish run around 1.2265. Incicators on H4 are located within extreme oversold area althought had lost directional strength. Some consolidation is expected before next catalyst appears.
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I squared up all my eurusd shorts finally. DO you guys ever trade the eurusd in here? of just talk about it?>
if you just talk about it, why does no one ever post price charts?
No point asking questions @rrram2 - I tried that !
I think theyâre just âCopy and pasteâ merchants who say
"It might go up 
If it doesnât and starts to go down instead, it might continue ! "
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Yeah, just copy the first line of their posts - usually at least two or three other forums, word for word.
Interesting week ahead for the Dollar. Important US data coming out.
The pair seems have lost its bullish momentum, upside limited to 1.2335, Eur/USD continue to lack of directional strength. Immediate support can be found around 1.2260.
On the last Fridayâs session, the EURUSD went back and forward without any clear direction in addition closed in the middle of the daily range, however managed to close below Thursdayâs low, which suggests bearish momentum.
The currency pair is trading below the 10 and the 50-day moving averages that should act as dynamic resistances however is still trading above the 200-day moving average that should provide dynamic support.
The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (resistance), the 50-day moving average at 1.2342 (resistance), the 10-day moving average at 1.2317 (resistance), a daily support at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).
On yesterday session, the EURUSD initially fell but found enough support at 1.2260 to trim all of its losses and closed near the high of the day, in addition managed to close within Fridayâs range, which suggests being slightly on the bullish side of neutral.
The currency pair is trading below the 50-day moving average that should act as dynamic resistance however closed above the 10-day moving average and is still trading above the 200-day moving average both should provide dynamic support.
The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (resistance), the 50-day moving average at 1.2345 (resistance), the 10-day moving average at 1.2326 (support), a daily support at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).
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sounds like its going down!
chart suggesting it is going down! 
Itâs testing 1.2250 again. A further move to the downside depends on whether there will be a breakout below that level or not.
On yesterday session, the EURUSD plunged with a wide range and closed near the low of the day, in addition managed to close below Mondaysâ low, which suggests a strong bearish momentum.
The currency pair is trading below the 10 and the 50-day moving averages that should act as dynamic resistances however is still trading above the 200-day moving average that should provide dynamic support.
The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (resistance), the 50-day moving average at 1.2344 (resistance), the 10-day moving average at 1.2314 (resistance), a daily support at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).
EUR/USD is pushing lower ahead of Fedâs meeting. Immediate support comes at 1.2260 and a break below it will open doors for testing 1.2230-1.2220 area.
The fundamentals today had a major effect on the pair and it is currently rallying towards 1.2350 again and it may even break out above that level.