The euro fell slightly against the dollar on Thursday. So the pair stayed at the higher levels that were reached two days ago. If bulls prevail, the resistance at 1.1878 will be tested. Trading started at 1.1790 and the final was 21 pips down. The session was calm without significant price changes. The bottom of the day was hit at 1.1756.
On the last Friday’s session the EURUSD rallied with a wide range but found enough selling pressure near 1.1829 daily resistance to erase some of its gains and closed 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: 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).
The single currency registered a volatile session against the US dollar on Friday. The currency pair opened at 1.1769 and ended 25 pips higher. The chart continued to grow above the mooving averages, while the relative strength index remained neutral. In the short term, the outlook remains negative, and 1.1735 - the immediate target.
victoriajensen
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After a few days of consolidation the shooting star candlestick at 1.1860 on the daily time-frame finally proved to be a valid signal for a move to the downside and the pair started falling. The closest target is likely around 1.1680, which is the (MA)89 indicator on daily time-frame.
fxstrategist
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The EURUSD drops to the 55 day EMA at the 1.1731 level and even if it drops to the 1.1700 level, that zone may act as a support. The 1.1800 level is still a very strong resistance to break.
I think they'll pop it through easily enough when they've finished batting it back and forth between 1700 & 1800
On yesterday session, the EURUSD initially rallied but found enough selling pressure to rub out all of its initial gains and closed near the low of the day, furthermore the currency pair managed to close below Friday’s low, 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: daily resistance 1.2041, a Key level at 1.1880 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, the 10-day moving average at 1.1735 (support), the 50-day moving average at 1.1731 (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, a daily resistance at 1.1753, the 10-day moving average at 1.1735 (support), the 50-day moving average at 1.1731 (support) and a key level at 1.1684 (support).
The single currency recorded a decline against the US dollar on Monday. The session started at 1.1784 and the price managed to break twice the support at 1.1735. Eventually the currency pair ended at 1.1732 and if the downward trend continues, the euro will move to support at 1.1670.
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 Monday’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 1.2041, a Key level at 1.1880 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, the 10-day moving average at 1.1743 (support), the 50-day moving average at 1.1729 (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: a daily resistance 1.2041, a Key level at 1.1880 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, the 10-day moving average at 1.1743 (support), the 50-day moving average at 1.1729 (support) and a key level at 1.1684 (support).
EUR/USD moved higher today to currently trade at 1.1820 supported by FOMC minutes, confirming the rate hike in December. The short term outlook is bullish, according to indicator on the four hour time frame and next bulls target is seen at 1.1830.
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 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 daily resistance 1.2041, a Key level at 1.1880 (resistance), a daily resistance at 1.1829, the 10-day moving average at 1.1768 (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: a daily resistance 1.2041, a Key level at 1.1880 (resistance), a daily resistance at 1.1829, the 10-day moving average at 1.1768 (support), a daily support at 1.1753 and a key level at 1.1684 (support).
The single currency recorded a significant increase against the US dollar on Wednesday. The session started at 1.1737 and the price jumped from the first support at 1.1735. Eventually the currency pair ended at 1.1821 and if the price continued to rise, the pair would head to the first resistance at 1.1875.
arigoldman
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EUR/USD looks ready to go at the short term resistance at 1.1870/
victoriajensen
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It is testing 1.1860 - 1.1870 indeed. A breakout above that level could lead to a further move to the upside towards the next resistance which is around 1.2035.
