K.I.S.S analysis EUR/USD

[victoriajensen]

EUR/USD is testing the resistance at 1.0950 again, but it is unlikely for it to break out above that level before the fundamentals tomorrow. A possible breakout could, potentially, lead to a further move to the upside towards 1.1000.

 

[FX WES]

The EUR/USD pair posted fresh weekly high at 1.0940 today, boosted by the good numbers on the euro zone macro data. But ot extend gains, bulls will have to conquer teh 1.0950 level.

 

[FX WES]

EUR/USD jumped to a six month high at 1.0987 last nigh and currently the price is hovering around 1.0975. Bulls are facing now immediate resistance at the 1.1000 psychological level.

 

[honeill]

On yesterday session, the EURUSD rallied with a wide range, breaking above the consolidation zone and closed near the high of the day, in addition the currency pair managed to close above Wednesdays high, which suggests a strong bearish momentum.

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

The key levels to watch are: daily resistance 1.1097, key level at 1.0970 (resistance), a daily support at 1.0900, and the 10-day moving average at 1.0905 (support), a daily support at 1.0819 and the 200-day moving average at 1.0766 (support).

 

[victoriajensen]

EUR/USD is testing 1.0990 - 1.1000 after the fundamentals today, but it hasn't broken out above that resistance level yet. I doubt there will be any major changes before the presidential elections in France on Sunday.

 

[fxstrategist]

Eurusd

The NFP numbers causes the Euro to rally and the EURUSD reaches a resistance at the 1.1000 level. There could be a pullback attempt from that level.

 

[Convergence]

EURUSD Channel

Spike and Channel pattern?

 

[arigoldman]

The EUR/USD pair had a good week going as high as 1.09995! Let's see what happens next!

 

[idimitrov]

The euro rose against the US dollar on Friday. By the close of US trading, EUR/USD was trading at 1.0998, gaining 0.13%. I believe that support is now at around 1,0873, Thursday's low, and resistance is likely at 1.0999, the high of Friday's trading.

 

[deresel]

On Friday, the euro rose against the dollar to a maximum in six months amid optimism about the results of the French president's election. At the same time, the markets practically did not take into account the sharp rise in jobs in the US last month.
At the close of trading on Friday, the pair EUR / USD was trading at position 1.0998, the highest since early November 2016. Shell we see a sharp crack of 1.10?

 

[honeill]

On the last Friday’s session the EURUSD initially fell with a narrow range but found enough buying pressure near the last swing high to trim all its losses then managed to close in the green, near the high of the day, in addition the currency pair closed above Thursday’s high, which suggests a strong bullish momentum.

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

The key levels to watch are: a daily resistance at 1.1236, other daily resistance at 1.1097, key level at 1.0970 (support), a daily support at 1.0900, and the 10-day moving average at 1.0927 (support), a daily support at 1.0819.

 

[victoriajensen]

Surprisingly, EUR/USD fell from 1.1020 after the elections in France and Emmanuel Macron's victory. It is currently testing the support at 1.0930, and a breakout below that level will likely lead to a new move to the downside towards 1.0865, which is the (MA)89 on the four-hour time-frame.

 

[honeill]

On yesterday session, the EURUSD dived with a wide range and closed 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 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.

The key levels to watch are: a daily resistance at 1.1097, key level at 1.0970 (resistance), the 10-day moving average at 1.0928 (resistance), a daily support at 1.0900 and other daily support at 1.0819.

 

[victoriajensen]

EUR/USD fell back to 1.0873, which is the (MA)89 indicator on the four-hour time-frame. It's currently testing that support, if it breaks out below it could attempt to recover the bullish gap.

 

[FX WES]

Today the EUR/USD pair is extending its decline and moved below the 1.0900 level. The current market price is 1.0876, very close to last week’s low. The bearish tone is ongoing with next target seen at 1.0850.

 

[honeill]

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

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

The key levels to watch are: a key level at 1.0970 (resistance), the 10-day moving average at 1.0929 (resistance), a daily resistance at 1.0900 and other daily support at 1.0819, the 50-day moving average at 1.0765 (support).

 

[victoriajensen]

EUR/USD is still consolidating above 1.0873 - 1.0865 but it will likely break out below that level and reach at least 1.0820. A breakout below that support would probably lead to recovery of the gap.

 

[FX WES]

The EUR/USD bounced slightly from the weekly low, but after Mario Draghi’s speach turned bearish again. The current market price is 1.0865 and interemediate support is seen at 1.0850. In case of breaking it, the pair could extend the downwards slope towards 1.0820.

 

[FX WES]

EUR/USD is falling back towards 1.0860 level with the European session underway. The indicators on the 4-hour chart are in the negative territory and suggest further downward pressure.

 

[honeill]

On yesterday session, the EURUSD went back and forward without any clear direction although and closed in the red, in the middle of the daily range, plus managed to close within Tuesday’s range, which suggests being clearly neutral, neither side is showing control.

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

The key levels to watch are: a key level at 1.0970 (resistance), the 10-day moving average at 1.0926 (resistance), a daily resistance at 1.0900 and other daily support at 1.0819, the 50-day moving average at 1.0769 (support).