On the last Friday’s session, the EURUSD tried to rally but found enough selling pressure to trim all of its gains and close near the low of the day, in addition, managed to close below Thursday’s range, which suggests being slightly on the bullish side of neutral.
The currency pair is trading below the 10 and the 50-day moving averages, both 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: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1663 (resistance), the 10-day moving average at 1.1629 (resistance), a daily support at 1.1555 and year-to-date low at 1.1509 (support).
EUR/USD recovered from extreme oversold conditions, but the risk to the downside remains intact. The pair will need to cross the 1.1620 level in order to avoid the negative stance.
On yesterday session, the EURUSD initially fell but found enough buying pressure to trim some of its losses and closed in the middle of the daily range, in addition, managed to close below Friday’s low, which suggests a bearish momentum.
The currency pair is trading below the 10 and the 50-day moving averages, both 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: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1659 (resistance), the 10-day moving average at 1.1622 (resistance), a daily support at 1.1555 and year-to-date low at 1.1509 (support).
On yesterday session, the EURUSD rallied with a wide range and closed near the high of the day, in addition, managed to close above Mondays’ high, which suggests a strong bullish momentum.
The currency pair is trading below the 10 and the 50-day moving averages, both 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: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1656 (resistance), the 10-day moving average at 1.1619 (resistance), a daily support at 1.1555 and year-to-date low at 1.1509 (support).
On yesterday session, the EURUSD Went back and forward but managed to close near the high of the day, in addition, managed to close above Tuesdays’ high, which suggests a strong bullish momentum.
The currency pair is trading below the 10 and the 50-day moving averages, both 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: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1653 (resistance), the 10-day moving average at 1.1611 (resistance), a daily support at 1.1555 and year-to-date low at 1.1509 (support).
On yesterday session, the EURUSD fell 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 below the 10 and the 50-day moving averages, both 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: a key level at 1.1684 (resistance), the 50-day moving average at 1.1645 (resistance), the 10-day moving average at 1.1581 (resistance), a daily resistance at 1.1555, Daily support at 1.1459 and other daily support at 1.1236.
Eur/Usd opens the week with a bearish gap and hit a new low around 1.1360, correction movement may continue before further decline giving the fact with limited economic data on Monday.
On the last Friday’s session, the EURUSD fell with a wide range and close near the low of the day, in addition, managed to close below Thursday’s range, 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: a key level at 1.1684 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1518 (resistance), daily resistance at 1.1459, pennant projected target 1.1280 (support) and other daily support at 1.1236.
On yesterday session, the EURUSD went back and forward without any clear direction and closed in the middle of the daily range, in addition, managed to close within Friday’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: a key level at 1.1684 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1500 (resistance), daily resistance at 1.1459, pennant projected target 1.1280 (support) and other daily support at 1.1236.
On yesterday session, the EURUSD initially rose but found enough resistance near 1.1432 to trim all of its gains 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 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: a key level at 1.1684 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1473 (resistance), daily resistance at 1.1459, pennant projected target 1.1280 (support) and other daily support at 1.1236.
On yesterday session, the EURUSD initial fell but found enough buying pressure to reverse and closed near the high of the day, however, managed to close within Tuesdays’ range, which suggests being slightly on the bullish 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: a key level at 1.1684 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1473 (resistance), daily resistance at 1.1459, pennant projected target 1.1280 (support) and other daily support at 1.1236.
Eur/Usd continues its consolidation phrase just below 1.140 resistance mark. The pair faces new selling pressure over Turkey news, 1.140 act as an important resistance level.