K.I.S.S analysis EUR/USD

On yesterday session, the EURUSD initially tried to rise but found enough selling pressure around Wednesday open at 1.0679 to reverse and close near the low of the day, however the currency pair closed within Wednesdays range, which suggests being slightly on the bearish side of neutral.

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

The key levels to watch are: The 200-day moving average at 1.0823 (resistance), a daily resistance at 1.0819, the 10-day moving average at 1.0709 (resistance), a daily resistance at 1.0713, the 50-day moving average at 1.0657 (resistance), a daily support at 1.0622 and a Fibonacci retracement at 1.0584 (support).
 
The pair is pushing to the downside and it has almost broken below 1.0630, but the fundamentals could change that very soon.
 
EUR/USD is trading lower today. The pair seems to be losing ground on a stronger US dollar. CMP 1.0617.
 
EUR/USD was not able to move beyond the 1.07 level. The pair is now 1.0640 and seems prone to continue South.
 
The US NFP report today pushed the US dollar to donwards agains the major rivals and set the chances of an adance limited. EUR/USD remains within the well-known weekly range and finds difficulties to move above 1.0670 area.
 
The technical outlook for EUR/USD remains bearish. A breach of 1.0525 could lead the pair towards 1.0455 and 1.0390. Looking to the upside only break above the 100-DMA at 1.0630 might bring back bulls with aiming the psychological level at 1.0700.
 
The euro fell against the US dollar on Friday. By the close of US trading, EUR/USD was trading at 1.0591, losing 0.50%. I believe that support is now at 1.0581, the low of Friday's trading, and the resistance is likely at 1.0690 - the maximum of the Wednesday's trading.
 
On the last Friday’s session the EURUSD fell with a wide range and closed near the low of the day, in addition the currency pair managed to close below Thursday’s low, which suggests a strong bearish momentum.

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

The key levels to watch are: the 50-day moving average at 1.0655 (resistance), the 10-day moving average at 1.0681 (resistance), a daily resistance at 1.0622, a Fibonacci retracement at 1.0584 (support) and other Fibonacci retracement at 1.0527 (support).
 
EUR/USD is trading at support in the early European hours of today's session. The pair is currently trading at 1.0583 with a low of 1.0570. Bulls are now trying to bring it up backed by strong fundamentals and strong short-term technicals.

What gives bulls confidence is the lower than expected non-farm payrolls - 98,000, well below expectations of 180,000. The US dollar, however, did not react negatively at all and it kept appreciating against the single European currency.

The pair is looking to appreciate if current level holds. If the US dollar goes below 1.0550, then the bullish run would be considered invalid. Bulls have the upper hand in the situation and are looking to potential first target at 1.0690.
 
EUR/USD dropped significantly after the fundamentals on Friday, breaking out below 1.0630. It's currently testing the support at 1.0570 and a breakout below that level too could lead to a further drop towards 1.0500.
 
EUR/USD keeps on gravitating towards the 1.06 level. The pair broke 1.06 and reached a high of 1.0606 a few hours ago. Current market price 1.0591.
 
EUR/USD has turned to bearish mode and the uptrend for now seems to be limited. The pair has surpassed the important 50-day moving average last week and the bears are now aiming the 61.8% Fibonacci level at 1.0555. The bearish case might be compromised only above the resistance at the 38.2% Fibonacci level at 1.0685.
 
EUR/USD failed to stay above the 1.06 handle and has entered in consolidation phase. Same level remains strong resistance while first support is seen at 1.0568 and lower at 1.0535.
 
On yesterday session, the EURUSD went back and forward without any clear direction but closed in the green, in the middle of the daily range, however the currency pair closed within Friday’s range, which suggests being clearly neutral, neither side is showing control.

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

The key levels to watch are: the 50-day moving average at 1.0652 (resistance), the 10-day moving average at 1.0641 (resistance), a daily resistance at 1.0622, a Fibonacci retracement at 1.0584 (support) and other Fibonacci retracement at 1.0527 (support).
 
EUR/USD appears to be strengthening in price. The pair is now 1.05977. First bull target is seen at 1.0828, second rests at 1.10.
 
After forming a double bottom at 1.0570 visible on the one-hour time-frame EUR/USD bounced off from that level and started moving to the upside again. The pair has already broken above 1.0600 again and its next target is likely 1.0660.
 
EUR/USD is flirting with 1.06 level and is offering no indications for strong direction change. Amid the uncertainty around French elections , the single currency may not push higher.
 
EUR/USD is going higher today after a few days of consolidation around 1.06. The pair is now 1.0616. First bull target is seen at 1.0625.
 
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