K.I.S.S analysis EUR/USD

honeill said:
On yesterday session, the EURUSD fell with a narrow 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 is still closing above the 10-day moving average that should act as a dynamic support but continues to trade below the 50 and the 200-day moving averages that should act as dynamic resistances.

The key levels to watch are: a Fibonacci extension at 1.0666 (resistance), a daily resistance at 1.0622, a daily support at 1.0462, the 10-day moving average at 1.0450 (support) and the 2016 low at 1.0352(support).
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To me looks like we could be making new lows soon and it is at a level where there is no real support below where we are now apart from physcological level of 1.0000 :) could be an interesting week, it is falling again this morning: http://www.stock-trkr.co.uk/live-charts/forex/eur_usd_live_chart
 
The euro is depreciated again against the dollar in the second trading day of the year. The pair went to a low below 1.04 and is bow trading at 1.0412.
 
EUR/USD is very bearish and the pair is testing once again the support at 1.0370. If it breaks out below that level the move to the downside will likely continue.
 
During the last three sessions the EUR/USD pair is marking lower lows and lower highs, which is encouraging the bears. Today the pair hit 14 years low at 1.0340 and slightly rebounced later, but yet remains vulnerable. Support is located at 1.0340 (today’s low) and 1.0300 (physiological level). Resistance is seen at 1.0450 (20-day EMA) and 1.0495 (100-day EMA).
 
Eurusd

The EURUSD is so weak that people are starting to talk again about a possible visit to parity on the pair.
 
The EUR/USD is trading slightly unchanged since yesterday's levels. The pair continues to gravitate towards 1.04 level, currently 1.0403. Main trend on the long-term remains bearish. Volatility may remain low until Donald Trump officially steps into office.
 
The EUR/USD pair bounced from the 14 years low at 1.0340 and today is consolidation around 1.0400 level. Yet the pair is vulnerable to further downward slide towards the support at 1.0335.
 
On yesterday session, the EURUSD fell with a wide range but managed to trim some of its losses and closed in the middle of the daily range, in addition managed to close below previous day low, which suggests bearish momentum.

The currency pair closed below the 10-day moving average that should act as a dynamic resistance and continues to trade below the 50 and the 200-day moving averages that should act as dynamic resistances.

The key levels to watch are: a Fibonacci extension at 1.0666 (resistance), a daily resistance at 1.0622, a daily resistance at 1.0462, the 10-day moving average at 1.0452 (resistance) and a new multi-year low at 1.0340 (support).
 
EUR/USD is still consolidating sideways above the support at 1.0350 - 1.0400 and that consolidation will likely continue until the FOMC meeting minutes announcement later today.
 
EUR/USD is up on release of FOMC minutes. The pair went to a high of 1.0562 on increased risk of higher pricing and uncertainty for higher inflation. Dollar is weaker as markets are unsure what the impact of current policy is going to be.
 
The euro marked successful session against the US dollar on Wednesday. The single currency broke the two-day negative series and recovered some of the losses. In the early trading hours today the EUR/USD surpassed the resistance at 1.0537 and the current market price is 1.0554. Next resistance is located at 1.0583 and in case of breaking it, we may expect test of 1.0600.
 
On yesterday session, the EURUSD rose with a narrow range and managed to close near the high of the day, however closed within previous day range, which suggests being slightly on the bullish side of neutral.

The currency pair closed above the 10-day moving average that should act as a dynamic support but continues to trade below the 50 and the 200-day moving averages that should act as dynamic resistances.

The key levels to watch are: a Fibonacci extension at 1.0666 (resistance), a daily resistance at 1.0622, a daily support at 1.0462, the 10-day moving average at 1.0458 (support) and a new multi-year low at 1.0340 (support).
 
EUR/USD bounced off the resistance at 1.0570 after forming a hanging man candlestick on the one-hour time-frame and it's currently testing the support at 1.0480. A breakout below that level will likely lead to a further move to the downside towards 1.0450.
 
The euro rose against the dollar on Thursday. By the closing of US trading EUR/USD was trading at 1.0606, gaining 1.13%. I believe that the support is now located at the level of 1.0339, Tuesday's low, and resistance is likely at the level of 1.0615 - a maximum of today's trading.
 
Fed’s minutes presented high uncertainty and set the US dollar under selling pressure. The EUR/USD pair hit highest level for the week at 1.0614. The trend remains bullish in the short-term with next target 1.0652.
 
On yesterday session, the EURUSD rose with a wide range and closed near the high of the day, in addition managed to close above previous day high, which suggests a strong bullish momentum.

The currency pair trades above the 10-day moving average that should act as a dynamic support but continues to trade below the 50 and the 200-day moving averages that should act as dynamic resistances.

The key levels to watch are: a Fibonacci extension at 1.0666 (resistance), a daily resistance at 1.0622, the 10-day moving average at 1.0475 (support), a daily support at 1.0462 and the 2017 low at 1.0340 (support).
 
EUR/USD is trading relatively unchanged today as traders are waiting on the latest NFP and jobs report later today. The pair is now 1.0603. High volatility is expected in less than 3 hours.
 
EUR/USD is stuck in a relatively tight range between 1.0570 and 1.0615, consolidating before the news. All eyes are on the NFP now.
 
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