K.I.S.S analysis EUR/USD

On yesterday session, the EURUSD tried to rise but found enough selling pressure at the 10-day moving average to erase all its gains 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 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 Fibonacci extension at 1.1291, a daily resistance at 1.1237, the 10-day moving average at 1.1187 (resistance), a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).
 
EUR/USD has almost reached 1.1200. Considering how bullish it is the move to the upside will likely continue towards 1.1230 - 1.1250 again.
 
The euro / dollar was tentative yesterday but traded lower earlier today, sliding under the EMA 200. Signals are descending to test the support at 1.1080, which remains a good area to place purchases with tight stops. The closest resistance is seen at 1.1160. A clear breakthrough and daily closure over it will cause further upward pressure on testing at 1.1200 - 1.1265. I still prefer a bullish scenario in this phase, but a clear break and daily closure below 1.1080 will open the doors to 1.0950 and will also activate my wait to see a new model.
 
EUR/USD was very close to the important 1.12 handle during the Asia session, but drifted lower and now entered in bearish consolidation. Today are due releases of German retails sales and Euroarea flash CPI, which can give fresh power to euro bulls.
 
On yesterday session, the EURUSD went back and forward without any clear direction and closed in the middle of the daily range, however the currency pair closed within Monday’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 Fibonacci extension at 1.1291, a daily resistance at 1.1237, the 10-day moving average at 1.1193 (resistance), a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).
 
The single currency recorded an increase against the US dollar on Tuesday. The euro opened at 1.1161 and the pair rebounded from support at 1.1130. Eventually, the currency pair ended at 1.1185 and if the upward trend continues, we can expect a break in the first resistance at 1.1280.
 
EUR/USD reached a high at 1.1240 today, but that likely is not the end of the move to the upside. The pair will probably test the last high at 1.1267.
 
EUR/USD rallied towards 1.1260 inthe Asian session, but bulls felt exhaustion and retreated to currently trade around 1.1250.
 
On yesterday session, the EURUSD rose with a wide range and closed near the high of the day, in addition the currency pair managed to close above Tuesday’s high, which suggests a strong bullish 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 1.1197 (support), a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).
 
EUR/USD bounced off from 1.1255, not quite reaching the previous high at 1.1267. The pair formed a shooting star candlestick on the one-hour time-frame below that level and it is currently retracing towards the closest support level at 1.1200. A breakout below that support will likely lead to a further move to the downside towards 1.1150 - 1.1130.
 
The EUR/USD was flat lined in the early trading hours, around 1.1215. Awaiting NFP release to set more clear direction.
 
On yesterday session, the EURUSD fell with a narrow range 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 1.1199 (support), a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).
 
While Dollar is still in its weakness, Eur/Usd seems have more room on the upside, we are looking at ECB's monetary policy meeting on Thursday. Key resistance level can be located at 1.1300 level.
 
On the last Friday’s session the EURUSD rallied with a wide range and closed near the high of the day, in addition the currency pair managed to close above Thursday’s high, which suggests a strong bullish 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 support at 1.1237, the 10-day moving average at 1.1203 (support), a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).
 
EUR/USD bounced off from 1.1284 after forming a doji candlestick and a shooting star candlestick at that level on the four-hour time-frame. Currently the pair is testing the support at 1.1235, a breakout below that level will probably lead to a further move to the downside towards 1.1160, which is the (MA)89 indicator on the four-hour time-frame again.
 
The EUR/USD pair is holding neutral to bullish stance. A break above the important 1.13 level will confirm a new leg to above.
 
On yesterday session, the EURUSD fell with a narrow range and found some buying pressure near 1.1237 a daily support to trim some of its losses and in the middle of the daily range, plus the currency pair closed within Friday’s range, which suggests being clearly neutral, neither side is showing control.

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 support at 1.1237, the 10-day moving average at 1.1217 (support), a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).
 
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