K.I.S.S analysis EUR/USD

High price stalls under the 2010 swing low

The 1.1876 was the swing low from 2010. That level was the low until breaking in the first week of 2015. Since then, the price of the EURUSD has stayed below that level. That is until yesterday when it was broken, stops were triggered and the price moved to a high of 1.1910
 
NFP and Jobs data in less than three hours. Interesting to see how it goes, i'm calling better than expected.
 
The euro-dollar currency pair recorded a volatile session on Thursday, moving around the first resistance at 1.1860, and at the end of the day the course was eight pips above it. The first quote for the day was 1.1855, which means the euro added 13 pips to its value. Extreme values ​​for the day were recorded at 1.1830 and 1.1892 respectively.
 
EUR/USD dropped significantly after the fundamentals today, from 1.1890 to 1.1728. Considering how bearish the pair still is it may reach 1.1700 again next.
 
Eurusd

Amazing drop on the EURUSD after the NFP number were released. It was just what the Dollar needed to take a breather.
 
The NFP data surged the US dollar this Friday and EUR/USD closed the week flat after rallying three consecutive weeks. The pair marked fresh year high at 1.1909 and dropped sharply afterwards. This movement can be read as a downward corrective one, as the price remained above 1.1615.
 
EURUSD moves back above the 200 hour MA taking some of the bearish sting away.
The move means little in front of the weekend. However it does take some of the sting out of the fall today technically.
 
The dollar gained against other currencies after an unexpectedly strong US employment report indicated that the Fed will be able to fulfill its plan for a third rate hike this year. The EUR / USD fell to the close of trading at 1.1773.
 
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 closed below Thursday’s low, which suggests a strong bearish momentum.

The currency pair continues 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 1.1976, other daily resistance at 1.1829, a daily support at 1.1753, the 10-day moving average at 1.1790 (support), a daily support at 1.1460 and other daily support at 1.1556.
 
EUR/USD is retracing after the big move to the downside on Friday, but the drop may not be over yet, especially considering the spinning top candlestick that has formed on the four-hour time-frame at 1.1810.
 
The EUR/USD pair closed today almost unchanged having in mind the daily performance and few pip above the Friday’s close. The four-hour time frame is showing bearish signs. The downward move might be exteded to 1.1715 – 1.1725.
 
On yesterday session, the EURUSD rose with a narrow range and closed near the high of the day however the currency pair closed within Friday’s range, which suggests being slightly on the bullish side of neutral.

The currency pair continues 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 1.1976, other daily resistance at 1.1829, a daily support at 1.1753, the 10-day moving average at 1.1803 (support), a daily support at 1.1460 and other daily support at 1.1556.
 
EUR/USD is hovering around the 1.18 level today and is unbale to surpass 1.1820. Along with the limited volatility around the pair, the short term remains neutral.
 
EUR/USD briefly broke out below 1.1725 today though it has currently retraced above it again. The move to the downside will likely continue and the pair will probably reach 1.1700 - and may even break out below that level.
 
On yesterday 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 Monday’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 daily resistance at 1.1976, other daily resistance at 1.1829, a daily support at 1.1753, the 10-day moving average at 1.1796 (resistance), a daily support at 1.1460 and other daily support at 1.1556.
 
Close the lowest priced position for a small profit. The minor positions at top are for special operations.

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EUR/USD finally bounced off from 1.1690, but considering the impressive shooting star candlestick that has formed on the weekly time-frame at the resistance at 1.1910 this could be just the beginning of the move to the downside.
 
EUR/USD finally bounced off from 1.1690, but considering the impressive shooting star candlestick that has formed on the weekly time-frame at the resistance at 1.1910 this could be just the beginning of the move to the downside.


Hoping for a trend resumption here, I want to get long on this pair when it confirms.
 
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