K.I.S.S analysis EUR/USD

[deresel]

Great day for the euro on Thursday!

 

[Sherif Fares]

EUR/USD rebounded back to over 1.100, price need to close above this level for the week.

 

[Abdul2012]

Fibonacci 1.1032 was strong resistance today to the EUR/USD and the price fell under the 1.1000 level. I will see what the FED will decide next week.

 

[honeill]

Yesterday the EURUSD fell with a narrow range and close near the low of the day plus within the previous day range, suggesting a consolidation for day.

The pair is closed for a second day above the 50-day moving average confirming the phase change, going from bearish to a recovery phase.

The key levels to watch are the 1.1097 (resistance), a 200-day moving average at 1.1082 (resistance), the 50-day moving average at 1.0877 (support), 1.0900 (support) and 1.0819 (support).

 

[fxstrategist]

Eurusd

It was expected for the EURUSD to stay between the 1.0900 and the 1.1000, maybe until next week's FED announcement.

 

[csc2009]

The pair continue with bullish trend but gains capped by 1.1050 level, the only thing is certain next week will be increasing volatility.

 

[deresel]

I wonder if there will be surprises next week...

 

[deresel]

In my opinion, the next target will be 1.0900.

 

[FX WES]

The single currency recorded a successful session against the dollar on Friday. The pair tested the resistance at 1.1040, but didn’t break through it. If expectations for a new bullish momentum come true, the key level will be overcome soon. Session on Friday started at 1.0939 as bullish sentiment prevailed from the beginning. Top of the day was reached at 1.1029, and session finished at 1.0988.

 

[victoriajensen]

I expect the next two days to be quite slow for EUR/USD while everyone are waiting for the FED to make their rate decision announcement. The pair might fall to 1.0900 or test the resistance at 1.1040 but either way range will probably continue.

 

[honeill]

On Friday session the EURUSD rose but half of its gains back to the market and closed in the green, in the middle of the daily range also closing within previous day range, suggesting that the pair turn into a consolidation mode and maybe topped out.

The 10-day moving average is now acting as a dynamic support and will push the price up.

The key levels to watch are the 1.1097 (resistance), a 200-day moving average at 1.1083 (resistance), the 10-day moving average at 1.0930 (support), 1.0900 (support) and 1.0819 (support).

 

[Sherif Fares]

EUR/USD is testing last week high 1.1040, the market is ready for the interest rate decision after tomorrow, I guess it is safe to be out till then.

 

[deresel]

The euro reflected modest gains on Friday, erasing some of its losses from the previous session after currency traders continued to support the likelihood of a rise in interest rates this week.
Demand for the dollar was still strong.
On Friday, the currency pair traded between 1.0926 and 1.1030 before settling at a price of 1.0988.

 

[Abdul2012]

The EUR/USD rose over the 1.0930 support level but rebounded from the 1.1050, and i see that the next stage will be the 1.1100.

 

[csc2009]

It seems gains limited to 1.1050 level, level 1.1000 is still holding so far.

 

[FX WES]

The single currency recorded a minor increase against the dollar on Monday. The session was dynamic and as a result the resistance at 1.1040 was pierced. The pair reached tip of the day at 1.1047 and immediately afterwards, however, the price was corrected and session closed at 1.0990. If short-term expectations for the new positive momentum of the euro justify, the key levels will again be overcome.

 

[deresel]

Societe Generale expect correction of EUR/USD, but not a change of the trend. They believe that in the short term risks are aimed at restoring to $ 1.11, but there is some possibility for correction to $ 1.13.

 

[honeill]

Yesterday the EURUSD went back and forward but managed to close in the middle of the daily range, in addition closed within the previous day range, suggesting that the pair continues consolidating.

The 10-day moving average continues to support the pair and even pushing the price up.

The key levels to watch are the 1.1097 (resistance), a 200-day moving average at 1.1084 (resistance), the 10-day moving average at 1.0942 (support), 1.0900 (support) and 1.0819 (support).

 

[victoriajensen]

EUR/USD formed a doji candlestick on the four-hour time frame below the resistance at 1.1040 and moved to the downside, reaching 1.0900 again. If it bounces off that support it will likely head for 1.1000 again, but if it breaks below that level it will probably fall towards 1.0800.

 

[Sherif Fares]

EUR/USd rebounded back again to 1.0900 as the start of the week and tomorrow is the big day for the FED interest rate decision. I closed all my USD open positions because tomorrow the market will face a very high volatility.