K.I.S.S analysis EUR/USD

[csc2009]

Eur/Usd broke out of its consolidation range with a nearly 40 pips up gap, it may suggesting the likelihood of upward extension to 1.0870 zone.

 

[rosentray]

The Euro is going higher today as price reached a high of 1,0851. The pair might try to reach the 200SMA at 1.0880. Should this happen, bears can take control and bring it down.

 

[honeill]

On the last Friday’s session the EURUSD went back and forward without any clear direction but closed in the green, in the middle of the daily range, in addition the currency pair managed to close within Thursday’s range, which suggests being clearly neutral, neither side is showing control.

The currency pair is trading above the 10 and the 50-day moving averages that should provide dynamic support but continues to trade below the 200-day moving average that should act as dynamic resistance.

The key levels to watch are: a daily resistance at 1.0900, the 200-day moving average at 1.0846 (resistance), daily resistance at 1.0819, the 10-day moving average at 1.0751 (support), daily support at 1.0713 and the 50-day moving average at 1.0660 (support).

 

[FX WES]

Trumpcare resulted in new yearly highs for EUR/USD and the pair moved above 1.0860 level. Next bulls target is seen at 1.0880.

 

[victoriajensen]

EUR/USD reached 1.0900 today and is currently testing the resistance at that level. A breakout above it will likely lead to a further move to the upside towards 1.0965 - 1.0970.

 

[rosentray]

EUR/USD is trading lower since yesterday's high close to 1.09. The pair is now 1.0854 and it looks like US bulls are trying to take over again. First support is seen at 1.0820.

 

[honeill]

On yesterday session, the EURUSD tried to rally but found enough resistance at 1.0900 to trim some of its gains and closed in the middle of the daily range, however managed to close above Fridays’ high, which suggests being a bullish momentum.

The currency pair is trading above the 10, the 50 and the 200-day moving averages that should provide dynamic support.

The key levels to watch are: key level at 1.0970 (resistance), a daily resistance at 1.0900, the 200-day moving average at 1.0842 (support), daily resistance at 1.0819, the 10-day moving average at 1.0786 (support), daily support at 1.0713.

 

[FX WES]

EUR/USD is keeping the bullish stance today. Technical readings on the four-hour frame are showing slight corrective mode. Should the pair conquer 1.0890, the rally might be extended towards 1.0930.

 

[victoriajensen]

Not only did the pair fail to break out above 1.0900, but it also formed a shooting star candlestick on the daily time-frame at that resistance level, and there will likely be a new move to the downside.

 

[honeill]

On yesterday session, the EURUSD fell with a narrow range and closed near the low of the day, in addition managed to close below Monday’s low, which suggests a strong bearish momentum.

The currency pair is trading above the 10 and the 50-day moving averages that should provide dynamic support and closed back down the 200-day moving average that should act as dynamic resistance.

The key levels to watch are: key level at 1.0970 (resistance), a daily resistance at 1.0900, the 200-day moving average at 1.0841 (resistance), a daily resistance at 1.0819, the 10-day moving average at 1.0790 (support), a daily support at 1.0713.

 

[rosentray]

EUR/USD depreciated today going from a high of 1.0906. The pair is now 1.0783 and it appears that the trend for the short-term has shifted from bullish to bearish. The US dollar is gaining strength again.

 

[victoriajensen]

EUR/USD did move to the downside after forming a shooting star candlestick on the daily time-frame at 1.0900. It's currently testing the support at 1.0750, which coincides with the (MA)89 indicator on the four-hour time-frame, and a breakout below that level will likely lead to a further drop towards 1.0700.

 

[FX WES]

EUR/USD met huge selling pressure and today is trading lowest for the week. Short term outlook remains bearish with critical support at 1.0735. In case of breaking it, further downslope might lead the towards teh stronger one at 1.0700.

 

[honeill]

On yesterday session, the EURUSD fell 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 is trading above the 50-day moving average that should provide dynamic support and is trading below the 10 and 200-day moving average that should act as dynamic resistance.

The key levels to watch are: key level at 1.0970 (resistance), a daily resistance at 1.0900, the 200-day moving average at 1.0839 (resistance), a daily resistance at 1.0819, the 10-day moving average at 1.0793 (resistance), a daily support at 1.0713, the 50-day moving average at 1.0670 (support).

 

[rosentray]

EUR/USD is trading lower in today's session currently at 1.0737. The pair seems to be losing ground as the US dollar is again gaining strength. First bear target is seen at 1.0700.

 

[deresel]

The single currency recorded negative session against the US dollar on Wednesday. The pair lost 46 pips at a closing price of 1.0765. Daily extreme values ​​were reached respectively at 1.0826 and 1.0739. If downward direction continues the pair will move towards support at 1.0550.

 

[deresel]

Key levels to watch for:
Support: 1.0550; 1.0370;
Resistance: 1.0815; 1.0980.

 

[victoriajensen]

EUR/USD finally broke out below 1.0750 and the path to 1.0700 is clear. The question is whether it will be able to break out below that level too, if it does there will likely be a further drop towards 1.0630.

 

[FX WES]

EUR/USD performed worst for March and closed at 1.0685. The pair broke the ctitical support at 1.0700 and it looks that the price will extends its slide to downwards.

 

[honeill]

On yesterday session, the EURUSD fell again with a wide range and closed near the low of the day, in addition managed to close below Wednesday low, which suggests a strong bearish momentum.

The currency pair is trading above the 50-day moving average that should provide dynamic support and is trading below the 10 and 200-day moving average that should act as dynamic resistance.

The key levels to watch are: key level at 1.0970 (resistance), a daily resistance at 1.0900, the 200-day moving average at 1.0837 (resistance), a daily resistance at 1.0819, the 10-day moving average at 1.0787 (resistance), a daily resistance at 1.0713, the 50-day moving average at 1.0668 (support) and a daily support at 1.0622.