K.I.S.S analysis EUR/USD

The whipsaw that the fundamentals today caused led EUR/USD to 1.1440, but it then bounced off from that level and it is currently testing the support at 1.1380, which coincides with the (MA)89 indicator on the one-hour time-frame. A breakout below that support will likely lead to another drop towards 1.1300.
 
EUR/USD was close today to the yearly high, but retreated and is going to end the week lower, slightly below the 1.14 mark. The outlook remains bearish in the short term. Only if bulls could fight the critical resistance at 1.46, the pair will gain upward strength.
 
The euro fell against the US dollar on Friday. By the close of US trading, EUR/USD was trading at 1.1399, losing 0.21%. I believe that support is now at 1.1311, the Wednesday's low, and resistance is likely at 1.1440, the high of Friday's trading.
 
The pair is trading almost flat around 1.1400 level, remain in the positive territory but further upside still yet to confirm.
 
On the last Friday’s session the EURUSD went back and forward without out any clear direction however still closed in the red , 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, 50, and 200-day moving averages that should provide dynamic support.

The key levels to watch are: a daily resistance at 1.1558, other daily resistance at 1.1460, the 10-day moving average at 1.1388 (support), a Fibonacci retracement at 1.1302 (support) and a daily support at 1.1237.
 
EUR/USD formed a hanging man candlestick on the weekly time-frame at the resistance around 1.1445 - 1.1440. There will likely be a new move to the downside towards 1.1300.
 
On yesterday session, the EURUSD went back and forward without any clear direction and closed in the middle of the daily range, in addition the currency pair closed within Friday’s range, which suggests being clearly neutral, neither side is sowing 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 daily resistance at 1.1558, other daily resistance at 1.1460, the 10-day moving average at 1.1397 (support), a Fibonacci retracement at 1.1302 (support) and a daily support at 1.1237.
 
EUR/USD pair has just marked a fresh new yearly high at 1.1479, mostly influenced by Trump Jr’s affairs. Short term seems to be very bullish, confirmed by technical indicators.
 
FX WES said:
EUR/USD pair has just marked a fresh new yearly high at 1.1479, mostly influenced by Trump Jr’s affairs. Short term seems to be very bullish, confirmed by technical indicators.
Click to expand...

Could you elaborate. I'm guessing events that could lead to uncertainty is bad for that currency, but I'd be interested if you could explain a bit more.
 
On yesterday session, the EURUSD rose with a wide range and closed near the high of the day, in addition the currency pair closed above Monday’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 daily resistance at 1.1558, other daily resistance at 1.1460, the 10-day moving average at 1.1399 (support), a Fibonacci retracement at 1.1302 (support) and a daily support at 1.1237.
 
EUR/USD marked today a fresh new yearly high at 1.1489, but is going to close below 1.14. The downward development seems to be limited as the price is still holding above the 20-day SMA and indicators had corrected from their overbought conditions.
 
On yesterday session, the EURUSD fell with a narrow range and closed near the low of the day, however the currency pair managed to close within Tuesday’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 daily resistance at 1.1558, other daily resistance at 1.1460, the 10-day moving average at 1.1398 (support), a Fibonacci retracement at 1.1302 (support) and a daily support at 1.1237.
 
The EUR/USD pair is under pressure for second day. Today the pair marked daily low at 1.1370 and it seems that is not going to close far above it. Technical indicators are showing mixed signs. First support is seen at 1.1340 and is broken, steeper decline is expected.
 
On yesterday session, the EURUSD went back and forward without any clear direction and closed in the middle of the daily range, in addition managed to close within Wednesday’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 daily resistance at 1.1558, other daily resistance at 1.1460, the 10-day moving average at 1.1395 (support), a Fibonacci retracement at 1.1302 (support) and a daily support at 1.1237.
 
On Thursday, the euro lost another 13 pips to the dollar. The day's start was at 1.1410, and the rate was rising steadily and was over the resistance at 1.1440, recording a peak at 1.1455. There was a strong movement for the bears and the currency pair traded for 1.1370. At the end of the day one euro was exchanged for 1.1397 dollars.
 
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