Yesterday EURUSD went back and forward without any clear direction again and closed in the middle of the daily range, in addition managed also to close within the previous day range, suggesting lack of momentum.
The pair closed below the 10-day moving average that should act as a dynamic resistance but is above the 50 and the 200-day moving averages that are acting as dynamic supports.
The key levels to watch are: A daily resistance at 1.1556, other daily resistance at 1.1459, the 10-day moving average at 1.1388 (support), the previous swing high at 1.1342 (support) and daily support at 1.1237.
The pair closed below the 10-day moving average that should act as a dynamic resistance but is above the 50 and the 200-day moving averages that are acting as dynamic supports.
The key levels to watch are: A daily resistance at 1.1556, other daily resistance at 1.1459, the 10-day moving average at 1.1388 (support), the previous swing high at 1.1342 (support) and daily support at 1.1237.
EUR/USD is trading lower today due to technicals impacting price movement. The pair reached resistance a few days ago going to 1.1470 and then took it down 1.1295. Currently, the EUR/USD is trading at 1.1304 with first support at 1.1270 and first resistance at 1.1450.
piphoe
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victoriajensen
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The pair broke below 1.1300 and is currently testing 1.1280. If it breaks below that level it will likely reach the support at 1.1140 again, which coincides with (MA)89 on the daily time-frame.
fxstrategist
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Eurusd
Good drop on the EURUSD below the 1.1300 level, the pair may try to visit the 1.1200 zone.
Good drop on the EURUSD below the 1.1300 level, the pair may try to visit the 1.1200 zone.
The single currency recorded sharp drop against the US dollar on Wednesday. The pair lost 111 pips to a closing price of 1.1272. After a steady downtrend, the pair broke first support at 1.1286. In the short term bears will continue to dominate.
Yesterday EURUSD plunged with a wide range and closed near the low of the day, in addition managed to close below the previous day range, suggesting a strong bearish momentum.
The pair is trading below the 10-day moving average that is acting as a dynamic resistance but is above the 50 and the 200-day moving averages that are acting as dynamic supports.
The key levels to watch are: A daily resistance at 1.1459, the 10-day moving average at 1.1379 (resistance), the previous swing high at 1.1342 (resistance), a daily support at 1.1237, the 50-day moving average at 1.1168 (support) and a previous swing low at 1.1144 (support).
The pair is trading below the 10-day moving average that is acting as a dynamic resistance but is above the 50 and the 200-day moving averages that are acting as dynamic supports.
The key levels to watch are: A daily resistance at 1.1459, the 10-day moving average at 1.1379 (resistance), the previous swing high at 1.1342 (resistance), a daily support at 1.1237, the 50-day moving average at 1.1168 (support) and a previous swing low at 1.1144 (support).
victoriajensen
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EUR/USD found some support at 1.1230, but I doubt it will remain above that level for long. If it breaks below 1.1230 next target is 1.1200, then 1.1130.
fxstrategist
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Eurusd
The EURUSD is leaving what it appears to be a spinning top formation on the daily candle, indicating a possible change in direction to the upside.
The EURUSD is leaving what it appears to be a spinning top formation on the daily candle, indicating a possible change in direction to the upside.
Pair still move seems continue bearish trend again, today there are no news high impact that might can being consideration for this pair, this pair still used many trader to choose use bscalping strategy which usually has low spread and if we can understand will possible making good propfit from scalping with eurusd
Yesterday EURUSD initially fell but found enough support to trim some of its losses and closed in the middle of the daily range, however managed to close below the previous day low, suggesting a weak bearish momentum.
The pair is trading below the 10-day moving average that is acting as a dynamic resistance but is above the 50 and the 200-day moving averages that are acting as dynamic supports.
The key levels to watch are: A daily resistance at 1.1459, the 10-day moving average at 1.1366 (resistance), the previous swing high at 1.1342 (resistance), a daily support at 1.1237, the 50-day moving average at 1.1173 (support) and a previous swing low at 1.1144 (support).
The pair is trading below the 10-day moving average that is acting as a dynamic resistance but is above the 50 and the 200-day moving averages that are acting as dynamic supports.
The key levels to watch are: A daily resistance at 1.1459, the 10-day moving average at 1.1366 (resistance), the previous swing high at 1.1342 (resistance), a daily support at 1.1237, the 50-day moving average at 1.1173 (support) and a previous swing low at 1.1144 (support).
