On the last Friday’s session the EURUSD went back and forward with a narrow range but closed in the middle of the daily range, in addition the currency pair managed to close above Thursday’s high, which suggests bullish momentum.
The currency pair is trading below the 50-day moving average that should provide dynamic resistance however is trading above the 10 and the 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1624 (support), the 1st head and shoulders target at 1.1593 (support), a daily support at 1.1558 and other daily support at 1.1460.
The currency pair is trading below the 50-day moving average that should provide dynamic resistance however is trading above the 10 and the 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1624 (support), the 1st head and shoulders target at 1.1593 (support), a daily support at 1.1558 and other daily support at 1.1460.
victoriajensen
Established member
- Messages
- 648
- Likes
- 10
EUR/USD continues consolidating around 1.1660 - 1.1680 although both the doji and the hammer candlesticks on the weekly time-frame at the support at 1.1580 are signals for a likely move to the upside.
On yesterday session, the EURUSD initially fell but found enough support near the 10-day moving average to trim all of its losses and closed near the high of the day, however the currency pair managed to close within Friday’s range, which suggests being slightly on the bullish side of neutral.
The currency pair is trading below the 50-day moving average that should provide dynamic resistance however is trading above the 10 and the 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1630 (support), the 1st head and shoulders target at 1.1593 (support), a daily support at 1.1558 and other daily support at 1.1460.
The currency pair is trading below the 50-day moving average that should provide dynamic resistance however is trading above the 10 and the 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1630 (support), the 1st head and shoulders target at 1.1593 (support), a daily support at 1.1558 and other daily support at 1.1460.
The euro registered a neutral session against the dollar on Monday. The single currency starts a new week without a substantial change in price. The pair stayed at the higher levels on Friday and if the bullish moods prevail again, the resistance at 1.1782 will be tested. Trading started at 1.1654, and the final was 12 pips higher. Peak for the day was reached at 1.1674.
victoriajensen
Established member
- Messages
- 648
- Likes
- 10
EUR/USD finally broke out above the resistance at 1.1680 and it is still very bullish. A breakout above 1.1800 as well could lead to a further move to the upside towards 1.1870.
On yesterday 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 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: daily resistance 1.2041, a Key level at 1.1880 (resistance), a daily resistance at 1.1829 (resistance), the 50-day moving average at 1.1750 (support), a daily support at 1.1753 and a key level at 1.1684 (support).
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: daily resistance 1.2041, a Key level at 1.1880 (resistance), a daily resistance at 1.1829 (resistance), the 50-day moving average at 1.1750 (support), a daily support at 1.1753 and a key level at 1.1684 (support).
marketwizard123
Member
- Messages
- 70
- Likes
- 0
been long since yesterday, has been a nice trade: https://www.stock-trkr.co.uk/live-charts/forex/eur_usd_live_chart
EnlightenedJoe
Experienced member
- Messages
- 1,950
- Likes
- 99
Short EUR/USD at 1.18477 x 13k units. 9th position.
victoriajensen
Established member
- Messages
- 648
- Likes
- 10
EUR/USD bounced off from 1.1860. Now the question is whether this is the end of the move to the upside or the pair will break out above that level. A breakout could lead to a new rally to 1.1900 or even to 1.2000.
On yesterday session, the EURUSD tried to rally but found enough selling pressure to erase all of its initial gains 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: daily resistance 1.2041, a Key level at 1.1880 (resistance), a daily resistance at 1.1829 (resistance), the 50-day moving average at 1.1745 (support), a daily support at 1.1753 and a key level at 1.1684 (support).
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: daily resistance 1.2041, a Key level at 1.1880 (resistance), a daily resistance at 1.1829 (resistance), the 50-day moving average at 1.1745 (support), a daily support at 1.1753 and a key level at 1.1684 (support).
victoriajensen
Established member
- Messages
- 648
- Likes
- 10
EUR/USD bounced off from 1.1860 and considering the shooting star candlestick on the daily time-frame at that level it could retrace back to the support at 1.1670, but only a breakout below that level would mean that the overall move to the upside is over.
fxstrategist
Established member
- Messages
- 603
- Likes
- 17
Eurusd
The EURUSD goes back to the 1.1800 zone, but has no clear direction. The pair may consolidate in that area as it did at the end of September.
The EURUSD goes back to the 1.1800 zone, but has no clear direction. The pair may consolidate in that area as it did at the end of September.
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 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: daily resistance 1.2041, a Key level at 1.1880 (resistance), a daily resistance at 1.1829 (resistance), a daily support at 1.1753, the 50-day moving average at 1.1743 (support) and a key level at 1.1684 (support).
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: daily resistance 1.2041, a Key level at 1.1880 (resistance), a daily resistance at 1.1829 (resistance), a daily support at 1.1753, the 50-day moving average at 1.1743 (support) and a key level at 1.1684 (support).
