K.I.S.S analysis EUR/USD

[honeill]

Yesterday the EURUSD rally and closed in the green near the high of the day with a narrow range, creating a 2nd inside day.

The currency closed back above the 10 and 50-day moving averages as it continues in a range bound move around the two moving averages since the end of September.

The key levels to watch are 1.1460 (Resistance), 1.1237 (support) and 1.1097 (support).

 

[victoriajensen]

It looks like EUR/USD is making another attempt to test the resistance at 1.1280 and I think this time it might succeed breaking above that level.

 

[Abdul2012]

I see that the EUR/USD fell today heading to the 1.1230 support level but we will see if it will close below the 1.1280 level.

 

[Sherif Fares]

for two weeks now EUR/USD is swinging between the support level 1.1150 and resistance level 1.1300.

 

[csc2009]

The pair is ranging, trading almost flat near 1.123 level, limited by bulls and bears, no clear direction yet.

 

[FX WES]

The pair recorded a decrease on Wednesday session. The price went down from the start of trading day and the euro lost 34 pips. The graphics continued to develop over moving averages, while the relative strength index remained neutral. If the downward trend continues, the price will reach the support at 1.1180.

 

[honeill]

Yesterday the EURUSD fell with a narrow range and closed in the red at the middle of the daily range, creating a 3rd inside day.

The currency managed to close above the 10 and 50-day moving averages as it continues in a range bound move around the two moving averages since the end of September.

The key levels to watch are 1.1460 (Resistance), 1.1237 (support) and 1.1097 (support).

 

[victoriajensen]

EUR/USD bounced off the resistance at 1.1315 once again. I don't think we will see another attempt to break above that level before Fed releases the minutes from the FOMC meeting.

 

[Sherif Fares]

FOMC meeting minutes push EUR/USD to test 1.1300 next resistance level 1.1370.

 

[Abdul2012]

The EUR/USD never test the 1.1370 resistance level in the last two weeks and i think this week too. We will see tomorrow how the pair will act.

 

[csc2009]

As long as the pair holds above 1.1250 level, the downside seems limited, on the upside 1.1300 become the key level to watch.

 

[FX WES]

The single currency registered an increase on Thursday. After a volatile session the euro added 39 pips at a closing price of 1.1275. Extreme values for the day were reached respectively at 1.1234 and 1.1325. if the neutral trend of the past two weeks continues, it is possible to test the first support at 1.118.

 

[honeill]

Yesterday the EURUSD rose with a wide range making a new short-term high but failed to sustain the momentum and closed at the middle of the daily range.

The currency managed to close above the symmetrical triangle on the daily time-frame plus suggesting that the range bound is over and a new trend is developing.

The key levels to watch are 1.1460 (Resistance), 1.1237 (support) and 1.1097 (support).

 

[csc2009]

The pair seems hold firmly above 1.13 level, Level 1.13 becoming a support now, to the upside immediate resistance level now can be found at 1.1400.

 

[Dominic]

Plan to sell eurusd when it will asset 1.1390

 

[victoriajensen]

I wouldn't sell before I see a candlestick on the four-hour or the daily filter charts that signals a move to the downside. The pair might break above 1.1400 and continue rising towards the previous high at 1.1713.

 

[Abdul2012]

I wouldn't sell before I see a candlestick on the four-hour or the daily filter charts that signals a move to the downside. The pair might break above 1.1400 and continue rising towards the previous high at 1.1713.

You are right, I agree with your point.

 

[Sherif Fares]

EUR/USD after the news of the FOMC broke 1.1300 and now heading for 1.1370 next level 1.1400 then 1.1450. It is better to close my positions and wait for the price after the break of the resistance level.

 

[FX WES]

The euro recorded a second consecutive increase against the dollar on Friday. On the last working day of the week the bulls prevailed and took the pair to significantly higher levels. As a result, resistance at 1.1325 was broken. Short-term indicators remain in favor of the single currency, and the breakthrough of the key level at 1.1436 is highly probable. Session on Friday started a price of 1.1274, and the euro added 77 pips. Peak of the day was reached at 1.1386.

 

[honeill]

On Friday session the EURUSD rallied with a wide range and close in the green near the high of the day.

The pair is broke to the upside the downward triangle suggesting a strong upward trend with a possible target at 1.1460 or even up to 1.1714.

The key levels to watch are 1.1460 (Resistance), the 10-day moving average at 1.1270 (support) and 1.1237 (support).