K.I.S.S analysis EUR/USD

[deresel]

Key levels to watch for:
Support: 1.0660; 1.05500;
Resistance: 1.0800; 1.0950.

 

[FX WES]

The EUR/USD remains withing the recent and today also couldn’t hold above 1.0700.

 

[victoriajensen]

EUR/USD did retrace to 1.0712 before moving to the downside once again. Currently the pair is quite undecided, but if the move to the downside continues the first target will likely be at 1.0600.

 

[rosentray]

EUR/USD continued trading to the downside today. Market had a calm European session and entered into the US session at around 1.0660.

 

[fxstrategist]

Eurusd

The EURUSD is still below the 1.0700 level, but it has not gain enough momentum to reach the 1.0600 level. A rally above the 1.0700 level is still possible.

 

[FX WES]

Yesterday the euro retreated against the US dollar and closed at 1.0654. Currently the EUR/USD pair is testing the 1.0650 level and continues the bearish consolidation phase.

 

[honeill]

On yesterday session, the EURUSD fell with a narrow range and closed near the low of the day, in addition the currency pair closed within Thursday’s range, which suggests being slightly on the bearish side of neutral.

The currency pair is trading above the 50-day moving average that should act as dynamic support plus remains trading below the 10 and 200-day moving averages both should act as dynamic resistances.

The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, the 10-day moving average at 1.0737 (resistance), a daily support at 1.0622, the 50-day moving average at 1.0598 (support) and a daily support at 1.0462.

 

[victoriajensen]

EUR/USD has almost reached 1.0600. While it is possible for it to bounce off from that level, a breakout below it would probably lead to a further drop towards 1.0540 - 1.0530.

 

[fxstrategist]

Eurusd

Breakdown continues on the EURUSD and a visit to the 1.0600 level is becoming more plausible.

 

[rosentray]

EUR/USD's next week should be interesting!

 

[csc2009]

Breakdown continues on the EURUSD and a visit to the 1.0600 level is becoming more plausible.

After President Trump's "phenomenal" tax reform promise supporting dollar strength, the pair take turn to the downside, immediate support zone around 1.0620/00.

 

[csc2009]

EUR/USD's next week should be interesting!

There are no important data scheduled next week in Europe and US, focus stay on political headlines, another word: ''Trump''.

 

[honeill]

On the last Friday’s session the EURUSD initially fell but found enough buying pressure around the 50-day moving average to trim some of its losses and closed in the middle of the daily range, although the currency pair managed to close below Thursday’s range, which suggests a bearish momentum.

The currency pair is trading above the 50-day moving average that should act as dynamic support plus remains trading below the 10 and 200-day moving averages both should act as dynamic resistances.

The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, the 10-day moving average at 1.0730 (resistance), a daily support at 1.0622, the 50-day moving average at 1.0598 (support) and a daily support at 1.0462.

 

[rosentray]

EUR/USD is trading relatively unchanged today gravitating towards 1.0625. The pair would face high volatility this week due to important financials tomorrow and on Wednesday.

 

[victoriajensen]

The pair is still testing the support at 1.0600, but I don't expect a breakout before the fundamentals later this week.

 

[rosentray]

EUR/USD looks more optimistic as we enter into the European session today. The pair is now 1.0623 as we have exciting news later today - a speech by Chair Yellen.

 

[honeill]

On yesterday session, the EURUSD initially rose but found enough selling pressure at Friday’s open to reverse and close near the low of the day, in addition the currency pair managed to close below Friday’s low, which suggests a strong bearish momentum.

The currency pair closed shy below the 50-day moving average that should act as dynamic support plus remains trading below the 10 and 200-day moving averages both should act as dynamic resistances.

The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, the 10-day moving average at 1.0697 (resistance), a daily support at 1.0622, the 50-day moving average at 1.0599 (support) and a daily support at 1.0462.

 

[FX WES]

The EUR/USD pair broke below the bullish channel and the 200-day SMA. Further downward pressure might be increased in case of crossing below yesterday’s low at 1.0590.

 

[FX WES]

EUR/USD is trading lower, having bottomed yesterday at 1.0560 and closing at 1.0577. The pair is vulnerable to the downside with first support seen at 1.0550. In case of breakdown next bears target is 1.0511.

 

[honeill]

On yesterday session, the EURUSD initially rose but found enough selling pressure at 1.0622 daily resistance to reverse and close near the low of the day, in addition the currency pair managed to close below Monday’s low, which suggests a strong bearish momentum.

The currency pair is trading below the 10, 50 and 200-day moving averages all should act as dynamic resistances.

The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, the 10-day moving average at 1.0678 (resistance), a daily resistance at 1.0622, the 50-day moving average at 1.0602 (resistance) and a daily support at 1.0462.