K.I.S.S analysis EUR/USD

[piphoe]

short GBPUSD
short AUDUSD
short USDJPY
short EURUSD

a collection of overbought BS, imo

stopped out ...these

flat...looking to reshort soon

 

[piphoe]

long GBP here..

looking to recoup short losses

 

[piphoe]

short EU

 

[FX WES]

The disappointing US data yesterday pushed the euro to intraday highs slightly below 1.14. But despite the positive trend, the pair couldn’t break the resistance at 1.1407.

 

[honeill]

Yesterday EURUSD rose with a wide range and closed near the high of the day, in addition managed to close above previous day high, suggesting a strong bullish momentum.

The pair also managed to close above the 10-day moving average that should now act as a dynamic support as well the 50 and the 200-day moving averages.

The key levels to watch are: A daily resistance at 1.1556, other daily resistance at 1.1459, the 10-day moving average at 1.1333 (support), the previous swing high at 1.1342 (support), and a daily support at 1.1237.

 

[deresel]

Euro/dollar made upwards momentum yesterday, closing back above 1.1335. The outlook is bullish in nearest term for testing 1.1500, but not yet in the bullish pattern. Overall technical outlook remains neutral and we have a potentially strong resistance between 1.1500 - 1.1700. Immediate support is around 1.1335 - 1.1300. A clear break back below that area could lead price to neutral region for testing 1.1230/00.

 

[deresel]

BofA Merrill do not believe that regulators will be able to ensure sustainable reduction in foreign exchange rates. According to experts, EUR/USD will continue to move in range.
For a decline of EUR/USD will be needed positive data on the US economy, particularly inflation. Benefits would be and stabilization in global stock markets, in which case investors may revise their expectations about the future course of action of the Federal Reserve.

 

[rosentray]

EUR/USD is trading relatively unchanged from yesterday's level due to low volume and lack of fresh news. Current movement indicated that the Euro bulls are ready to take it to first base at 1.15. Whether or not this is gonna happen depens on who will dominate over the pair which suggests that we might get into consolidation if there are no fundamentals to stir the market.

 

[radex78]

Yes pattern eurusd still on bullish trend, daily candlestick figure out bullish continue previuous trend, maybe my target is on highest weekly on previous weekly candle on around 1.14xx

 

[arigoldman]

Expecting 1.15 soon!

 

[victoriajensen]

EUR/USD formed a doji candlestick on the four-hour time frame and unsurprisingly moved to the downside again. It's currently testing the support at 1.1320 again, if it breaks below that level we can likely expect a further move to the downside towards 1.1260.

 

[piphoe]

i don't think EU climbs higher here...not yet at least 30 pips to made lower imo

shorted here..target under 11300

 

[piphoe]

i don't think EU climbs higher here...not yet at least 30 pips to made lower imo

shorted here..target under 11300

cashed out 11312

flip long

 

[FX WES]

On Wednesday EUR/USD was trading lower at 1.1322. The euro walked away from its one-week high and is suffering a lack of bullish strength. The pair stepped back from the resistance at 1.1407 and if bears bring sufficient power, a test of the support at 1.1232 is very possible.

 

[honeill]

Yesterday EURUSD fell with a wide range, creating an outside day and closed near the low of the day, in addition managed to close below previous day low, suggesting a strong bearish momentum plus creating a bearish engulfing pattern.

The pair also managed to close below the 10-day moving average that should now act as a dynamic resistance but is above the 50 and the 200-day moving averages.

The key levels to watch are: A daily resistance at 1.1459, the 10-day moving average at 1.1317 (resistance), the previous swing high at 1.1342 (resistance), a daily support at 1.1237, the 50-day moving average at 1.1197 (Support) and a previous swing low at 1.1144 (support).

 

[deresel]

The single currency recorded a decrease against the dollar on Wednesday. The euro broke the three-day upwards movement and lost positions. So the couple walked away from resistance at 1.1407, and if bearish sentiment become more intense, currencies could test of the support at 1.1232. The session on Wednesday started at a price of 1.1356 and the trend was neutral. More significant decrease of euro was observed in the afternoon and the bottom of the day was hit at 1.1290.

 

[victoriajensen]

Unsurprisingly today's fundamentals provoked one big whipsaw, EUR/USD is back where it started at 1.1290 and testing the support at 1.1270. If it breaks below it the pair would likely reach 1.1200, but consolidation continues.

 

[piphoe]

shorted EU here..should be good for 20 or 30 pips

 

[honeill]

Yesterday EURUSD tried to rally but found enough selling pressure at the previous day high to reverse and closed near the low of the day, in addition managed to close below previous day low, suggesting a strong bearish momentum plus creating a massive outside day.

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.

The key levels to watch are: A daily resistance at 1.1459, the 10-day moving average at 1.1316 (resistance), the previous swing high at 1.1342 (resistance), a daily support at 1.1237, the 50-day moving average at 1.1197 (Support) and a previous swing low at 1.1144 (support).

 

[rosentray]

The EUR/USD went as high as 1.14 in today's trading hours only to fall and return its gains. The pari is currently trading at 1.1290 as the US dollar is taking control. First bear target 1.1244.