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

On the last Friday’s session, the EURUSD initially dived with a wide range but found enough buying pressure near the 200-day moving average to erase all of its losses and managed to close near the high of the day, although closed within Thursday’s range, which suggests being slightly on the bullish side of neutral.

The currency pair trading below the 10 and the 50-day moving averages that should provide dynamic resistance however, it is trading above the 200-day moving average that should provide dynamic support.

The key levels to watch: a daily resistance at 1.2287, a swing low at 1.2200 (resistance), the 10-day moving average at 1.2198 (resistance), a key level at 1.2165 (resistance), the 200-day moving average at 1.2051 (support), a daily support at 1.2041 and 2018 low at 1.1915 (support).

The pair decisively broke out below 1.2100, if it breaks out below the last low at 1.2055 the move to the downside will likely continue towards 1.2000.

On yesterday session, the EURUSD fell with a narrow range and closed near the low of the day, although managed to close within Friday’s range, which suggests being slightly on the bearish side of neutral.

The currency pair trading below the 10 and the 50-day moving averages that should provide dynamic resistance however, it is trading above the 200-day moving average that should provide dynamic support.

The key levels to watch: a daily resistance at 1.2287, a swing low at 1.2200 (resistance), a key level at 1.2165 (resistance), the 10-day moving average at 1.2164 (resistance), the 200-day moving average at 1.2051 (support), a daily support at 1.2041 and 2018 low at 1.1915 (support).

It broke out below 1.2000 and it remains very bearish, next target is likely at 1.1920.

EUR/USD continues to slide towards the downside having crossed the 1.20 handle. The pair broke trough several significant technical levels during last two weeks and now its seems that bears are aming the 2018 low around 1.19.

On yesterday session, the EURUSD fell with a wide range and closed near the low of the day, in addition closed below Mondays’ low, which suggests a strong bearish momentum.

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

The key levels to watch: a daily resistance at 1.2287, a swing low at 1.2200 (resistance), a key level at 1.2165 (resistance), the 10-day moving average at 1.2164 (resistance), the 200-day moving average at 1.2051 (resistance), a daily resistance at 1.2041 and 2018 low at 1.1915 (support).

The move to the downside continues but the fundamentals in the next two days may have some effect on it.

On yesterday session, the EURUSD tried to rise but found enough resistance near 1.2441 to trim all of its gains and closed near the low of the day, in addition managed to close below Tuesdays’ low, which suggests a strong bearish momentum.

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

The key levels to watch: a daily resistance at 1.2287, a swing low at 1.2200 (resistance), a key level at 1.2165 (resistance), the 10-day moving average at 1.2164 (resistance), the 200-day moving average at 1.2051 (resistance), a daily resistance at 1.2041 and 2018 low at 1.1915 (support).

The pair found some support at 1.1940, the sideways consolidation will probably continue until the fundamentals tomorrow.

On yesterday session, the EURUSD initially rose but found enough selling pressure to trim some of its gains but managed to close in the middle of the daily range, in addition closed within Wednesday’s range, which suggests being clearly neutral, neither side is showing control.

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

The key levels to watch: a daily resistance at 1.2287, a swing low at 1.2200 (resistance), a key level at 1.2165 (resistance), the 10-day moving average at 1.2073 (resistance), the 200-day moving average at 1.2050 (resistance), a daily resistance at 1.2041 and 2018 low at 1.1915 (support).

The pair almost reached 1.1900 today, next week there may be a breakout below that support too.

Eur/Usd is sideway trading after broke below 1.20 support, and found new support zone around 1.9000/1.9010. The pair is still under a lot of pressure, it might continue further on the downside after the consolidation.

On the last Friday’s session, the EURUSD initially fell with a wide range but found enough buying pressure near 2018 low to trim some of its losses and managed to close in the middle of the daily range, although closed within Thursday’s range, which suggests being clearly neutral, neither side is showing control.

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

The key levels to watch: a daily resistance at 1.2287, a swing low at 1.2200 (resistance), a key level at 1.2165 (resistance), the 200-day moving average at 1.2050 (resistance), a daily resistance at 1.2041, the 10-day moving average at 1.2022 (resistance), and 2018 low at 1.1915 (support).

EUR/USD is testing the support at 1.1900, if it breaks out below it next target will probably be around 1.1840.

On yesterday session, the EURUSD tried to rise but quickly found enough selling pressure to turn south and closed near the low of the day, although managed to close within Friday’s range, which suggests being slightly on the bearish side of neutral.

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

The key levels to watch: a key level at 1.2165 (resistance), the 200-day moving average at 1.2050 (resistance), a daily resistance at 1.2041, the 10-day moving average at 1.2000 (resistance), 2018 low at 1.1915 (support), a daily support at 1.1829.

EUR/USD did reach 1.1840 today and it is still very bearish. Next target is probably at 1.1800.

Indicators have entered oversold area and the next possible bearish target for EUR/USD is the strong support around 1.1840.

On yesterday session, the EURUSD fell with a wide range and closed near the low of the day, in addition closed below Mondays’ low, which suggests a strong bearish momentum.

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

The key levels to watch: a key level at 1.2165 (resistance), the 200-day moving average at 1.2049 (resistance), a daily resistance at 1.2041, the 10-day moving average at 1.1968 (resistance), 2018 low at 1.1915 (support), a daily support at 1.1829 and other daily support at 1.1753.

It found support at 1.1820 and briefly retraced towards 1.1900 but the move to the downside will likely continue.

On yesterday session, the EURUSD went back and forward without any clear direction but closed in the red, 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 trading below the 10, the 50 and the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: a key level at 1.2165 (resistance), the 200-day moving average at 1.2049 (resistance), a daily resistance at 1.2041, the 10-day moving average at 1.1942 (resistance), January low at 1.1915 (resistance), a daily support at 1.1829 and other daily support at 1.1753.