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

The pair is consolidating above 1.1770, the move to the upside will probably continue.

On yesterday session, the EURUSD went back and forward without any clear direction but managed to close near the low of the day, in addition, closed within Mondays’ range, which suggests being slightly on the bearish side of neutral.

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

The key levels to watch: the 200-day moving average at 1.2046 (resistance), a daily resistance at 1.2041, the 10-day moving average at 1.1814 (resistance), January low at 1.1915 (resistance), a daily resistance at 1.1829 and a daily support at 1.1753 and a key level at 1.1684 (support).

EUR/USD proved once again that nothing can stop the bearish trend, it’s back to testing the support at 1.1700.

EUR/USD is recovering from post- FOMC’s minutes decline and regained 1.1700. First bullish target is seen at 1.1720.

On yesterday session, the EURUSD dived with a wide range 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 continues to trade below the 10, the 50 and the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: the 200-day moving average at 1.2046 (resistance), a daily resistance at 1.2041, the 10-day moving average at 1.1814 (resistance), January low at 1.1915 (resistance), a daily resistance at 1.1829 and a daily resistance at 1.1753 and a key level at 1.1684 (support).

It bounced off from 1.1675 and it may retrace back towards 1.1750, but the move to the downside will likely continue.

On yesterday session, the EURUSD initially tried to rally with a narrow range but found enough selling pressure to trim half 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 continues to trade below the 10, the 50 and the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: the 200-day moving average at 1.2046 (resistance), a daily resistance at 1.2041, the 10-day moving average at 1.1766 (resistance), January low at 1.1915 (resistance), a daily resistance at 1.1829 and a daily resistance at 1.1753, a key level at 1.1684 (support) and a daily support at 1.1555.

The pair continues falling, next week it may even reach 1.1600.

Eur/Usd starts the week with a bullish gap, the pair seems to extend its consolidation movement above 1.17 level.

On the last Friday’s session, the EURUSD took a nosedive with a wide range and closed near the low of the day, in addition, managed to close below Thursday’s low, which suggests a strong bearish momentum.

The currency pair continues to trade 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 1.2041, the 10-day moving average at 1.1762 (resistance), January low at 1.1915 (resistance), a daily resistance at 1.1829 and a daily resistance at 1.1753, a key level at 1.1684 (resistance) and a daily support at 1.1555.

The move to the downside continues, soon there will likely be a breakout below the support at 1.1600.

On yesterday session, the EURUSD initially fell 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 continues to trade below the 10, the 50 and the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829 and a daily resistance at 1.1753, the 10-day moving average at 1.1705 (resistance), a key level at 1.1684 (resistance), a daily support at 1.1555 and other daily support at 1.1460.

EUR/USD almost reached 1.1500 today and there may soon be a breakout below that support too.

EUR/USD continues to drift lower. Below the daily low at 1.1509, the next possible bearish target is provided by the 2015 and 2017 bottoms around 1.1440 area.

On yesterday session, the EURUSD fell with a wide 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 continues to trade below the 10, the 50 and the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829 and a daily resistance at 1.1753, the 10-day moving average at 1.1686 (resistance), a key level at 1.1684 (resistance), a daily support at 1.1555 and other daily support at 1.1460.

EUR/USD is currently retracing but there is no long-term signal that the move to the downside is over.

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

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

The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829 and a daily resistance at 1.1753, the 10-day moving average at 1.1688 (resistance), a key level at 1.1684 (resistance), a daily support at 1.1555 and other daily support at 1.1460.

The retracement found some resistance at 1.1780, if it breaks out above it the pair could move to the upside towards 1.1780.

On yesterday session, the EURUSD went back and forward without any clear direction but closed in the middle of the daily range, in addition, managed to close above Wednesday’s high, which suggests being a bullish momentum.

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

The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829 and a daily resistance at 1.1753, the 10-day moving average at 1.1685 (support), a key level at 1.1684 (support), a daily support at 1.1555 and other daily support at 1.1460.

It continues consolidating despite the fundamentals today, there likely won’t be a breakout above 1.1725 before next week.