K.I.S.S analysis EUR/USD

EUR/USD formed a spinning top candlestick at 1.1270 on the four-hour time-frame before it bounced off from that level. There might be a temporary retracement to 1.1200 before the move to the upside continues.
 
The pair has been turned away from 1.12 level, consolidating on the downside and found immediate support around 1.1160/61 zone.
 
The EUR/USD failed to regain the 1.12 level and has entered in dowside correction. Immediate support is seen at 1.1160 and lower at 1.1080.
 
On yesterday session, the EURUSD made a new high but found enough resistance to turn south and closed near the low of the day, however the currency pair closed within Monday’s range, which suggests being slightly on the bearish side of neutral.

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

The key levels to watch are: a Fibonacci extension at 1.1291, a daily resistance at 1.1237, the 10-day moving average at 1.1125 (support), a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).
 
The dollar registered a successful session against the euro this Tuesday. The day was opened at 1.1236, and the last price for the day was 54 pips lower or one euro was trading for 1.1182 dollars. During the day, several breakthroughs of the first resistance occurred, but the bulls were only sufficient to mark a peak at 1.1267. There was a drop in the course and shortly before the end of the day, the bears recorded their bottom at 1.1174
 
EUR/USD is consolidating sideways above 1.1175, the fundamentals in the next few hours and especially the FOMC meeting minutes release will likely have a major effect on the pair.
 
On yesterday session, the EURUSD rose with a narrow range and closed near the high of the day, although the currency pair closed within Tuesday’s range, which suggests being slightly on the bullish side of neutral.

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

The key levels to watch are: a Fibonacci extension at 1.1291, a daily resistance at 1.1237, the 10-day moving average at 1.1159 (support), a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).
 
Euro / dollar had a moderate upward movement yesterday, making a peak at 1.1220 and hit 1.1244 earlier this morning. The views remain up for testing on 1.1265. A clear break above this level may lead to future bulls testing for 1.1300 - 1.1350. The closest support is 1.1210, whose breakthrough can take the price to a neutral trading area with testing 1.1175. But as a whole, I stay in the Bulls camp and every downward pressure can be seen as a good opportunity to buy.
 
The fundamentals finally pushed EUR/USD to break out above the sideways consolidation it had begun above the support at 1.1175, but the move to the upside was rather short-lived because it formed a spinning top candlestick on the four-hour time-frame at 1.1250 and started falling. Next target is likely at the support at 1.1175 again.
 
The EUR/USD pair again crossed to above the important 1.12 handle after the US releases. Next bulls’ target is seen at 1.1267 (May’s 23 high) and if conquering it, will be challenged by 1.13.
 
On yesterday session, the EURUSD initially tried to rise but found enough resistance at 1.1237 to erase all its gains and closed near the low of the day, however managed to close within Wednesday’s range, which suggests being slightly on the bearish side of neutral.

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

The key levels to watch are: a Fibonacci extension at 1.1291, a daily resistance at 1.1237, the 10-day moving average at 1.1180 (support), a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).
 
During the past week the EUR/USD pair rallied but finally came a halt. Next week is offering interesting macro data and suggests to be very volitile for the pair.
 
The euro fell against the US dollar on Friday. By the close of US trading, EUR / USD was trading at 1,1181, losing 0.26%. I believe that support is now at around 1.1160, Monday's low, and resistance is likely at 1.1268, Tuesday's high.
 
Euro seems has lost its upside momentum against dollar, I'm expecting the pair continues its consolidation movement until this Friday Nonfarm Payrolls decide a new direction.
 
The week begins with a holiday in USA, but later in the day the focus will be on Draghi’s speech. During the past week the EUR/USD was trading almost flat and in consolodation between 1.1150 and 1.1260. Friday are due the NFP numbers and may wxpect new direction for the pair.
 
On the last Friday’s session the EURUSD initially rose with but found enough resistance at 1.1237 to trim all its gains and closed near the low of the day, in addition the currency pair managed to close below Thursday’s high, which suggests a strong bearish momentum.

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

The key levels to watch are: a Fibonacci extension at 1.1291, a daily resistance at 1.1237, the 10-day moving average at 1.1177 (support), a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).
 
Having new panic attack in the Eurozone with Greece bank issue, the EUR/USD moved lower and marked weekly low at 1.1122. A break below 1.11 handle would lead bears to test 1.1069.
 
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