K.I.S.S analysis EUR/USD

[deresel]

Key levels to watch for:
Support: 1.1100; 1.0980;
Resistance: 1.1286; 1.1400.

 

[victoriajensen]

EUR/USD is caught in a very tight range between 1.1230 and 1.1190. Later today the FED Chair Janet Yellen will speak at the Minority Bankers Forum in Kansas City, that event will likely cause enough volatility to end the range.

 

[rosentray]

EUR/USD continues to gravitate towards the 1.1220 level. The pair made a high of 1.1285 in the beginning of the week and since then it has been caught in the range of 1.1250 and 1.1200.

 

[honeill]

Yesterday the EURUSD went back and forward without any clear direction again but still managed to close in the green however in the middle of the daily range, in addition closed within the previous day range, which suggests being clearly neutral, neither side is showing control.

The pair continues to trade above all three moving averages 10, 50 and the 200-day that are acting as dynamic supports.

The key levels to watch are: a 61.8% Fibonacci retracement at 1.1347 (resistance), 50% Fibonacci retracement at 1.1264, a daily resistance at 1.1237, the 200-day moving average at 1.1203 (support), and a daily support at 1.1097.

 

[FX WES]

The single currency remained close to unchanged against the US dollar during yesterday’s session. After a volatile session the euro left the market with only 4 pips higher. The EUR/USD pair remains limited to the upside by the 4-month resistance at 1.1286.
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[victoriajensen]

After several days of tight range EUR/USD finally broke below 1.1200, next target is likely around 1.1150 - 1.1140.

 

[idimitrov]

The euro rose against the dollar on Friday. By the close of US trading EUR/USD was trading at 1.1240, gaining 0.19%. I believe that the support is now located at the level of 1.1153, the low of Friday's trading, and resistance is likely at the level of 1.1279 - Monday's high.

 

[csc2009]

The pair continues its sideway movement in a range between 1.112 to 1.133, but the lack of directional momentum probably will end with all focus turn to ECB's minutes and US Payrolls this week.

 

[honeill]

On the last Friday’s session the EURUSD initially fell hard but found enough buying pressure to erase all its losses and closed near the high of the day, however it did not had enough strength to close above Thursday’s range, which suggests being slightly on the bullish side of neutral.

The pair continues to trade above all three moving averages 10, 50 and the 200-day that are acting as dynamic supports.

The key levels to watch are: a 61.8% Fibonacci retracement at 1.1347 (resistance), 50% Fibonacci retracement at 1.1264, a daily resistance at 1.1237, the 200-day moving average at 1.1203 (support), and a daily support at 1.1097.

 

[rosentray]

EUR/USD is trading in consolidation today as the pair seems to gravitate towards the 1.1230 level. Light volumes usually indicate that a move is either over or just accumulating new force to keep pushing in the same direction. First bull target 1.1280.

 

[victoriajensen]

Sideways consolidation does continue, but EUR/USD has formed a doji candlestick on the four-hour time-frame below the resistance at 1.1250, so a new move to the downside is very likely.

 

[FX WES]

EUR/USD was trading in tight range today, between 1.1204 and 1.1241. The pair closed modestly lower despite the suprisingly good EU macro data released today. In the short-term the pair is seen in neutral stance.

 

[FX WES]

The euro lost strength the US dollar on Monday, but the decline was not significant enough to break key levels. If bullish sentiment again prevail, resistance at 1.1284 will be tested. Support is located at 1.1149 and 1.1122.

 

[rosentray]

EUR/USD is trading lower today after yesterday's loss. The pair continues its move down making a low of 1.1190. It appears that bears are regaining control over the pair. First bear target can be expected at 1.1152. First resistance can be expected at 1.1242.

 

[honeill]

Yesterday the EURUSD fell with a wide range and closed near the low of the day, in addition managed to close below the previous day low, which suggests a strong bearish momentum.

The pair closed below the 10 and 50-day moving average that should act as dynamic resistances and is still above the 200-day that is acting as dynamic support.

The key levels to watch are: a 61.8% Fibonacci retracement at 1.1347 (resistance), 50% Fibonacci retracement at 1.1264, a daily resistance at 1.1237, the 200-day moving average at 1.1202 (support), a Fibonacci retracement at 1.1181 (support) and a daily support at 1.1097.

 

[victoriajensen]

EUR/USD reached the support at 1.1150 and bounced off of it, but it is very likely to continue dropping, especially considering the doji candlestick that has formed on the weekly time-frame.

 

[FX WES]

The story of the day is that ECB is close to consensus on ending its bond-buying program before it concludes next year in March. Then EUR/USD pair was sloping between 1.11365 and 1.1238 until again find it well know place around 1.1200 mark.

 

[honeill]

Yesterday the EURUSD initially fell but found enough buying pressure to reverse but closed in the middle of the daily range, in addition managed to close below the previous day low, which suggests a bearish momentum.

The pair closed below the 10 and 50-day moving average that should act as dynamic resistances and is still above the 200-day that is acting as dynamic support.

The key levels to watch are: a 61.8% Fibonacci retracement at 1.1347 (resistance), 50% Fibonacci retracement at 1.1264, a daily resistance at 1.1237, the 200-day moving average at 1.1202 (support), a Fibonacci retracement at 1.1181 (support) and a daily support at 1.1097.

 

[rosentray]

Calm day so far for the EUR/USD. The pair has been trading in a range of 1.1220-1.1200 as there isn't anything strong enough to motivate either of the camps. We have been gliding on the resistance level for a several days now and this might be an indicator that a move down is probable.

 

[Fugazsy]

Wide rage previous day..doji type...fading the extreme is an option for myself otherwise I trade something else.....