K.I.S.S analysis EUR/USD

[honeill]

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

The pair is trading below the 10-day moving average that is acting as a dynamic resistance although is still trading above the 50 and the 200-day moving averages that act as a dynamic support.

The key levels to watch are: Daily resistance at 1.1556, other daily resistance at 1.1459, the 10-day moving average at 1.1434 (resistance), the 50-day moving average at 1.1325 (support) and a daily support at 1.1237.

 

[idimitrov]

EUR/USD had a moderate bullish momentum yesterday, topped at 1.1446. The bias is neutral in nearest term, probably with slight bullish signals for testing 1.1500. Initial support is at 1.1400. A clear break below could lead to further bearish pressure testing 1.1350 level, which should be clearly penetrated down to the preservation of strong bearish scenario with targets near 1.1275 - 1.1200.

 

[victoriajensen]

EUR/USD broke below 1.1400 again, next target is likely around 1.1360 - 1.1350. A beakout below that level could lead to a further drop towards 1.1250.

 

[idimitrov]

On Thursday, the dollar holds ground against a basket of major currencies, even after data showed that the number of applications for benefits in the US unemployment unexpectedly increased last week.

 

[csc2009]

Next immediate support can be found around 1.1365/60 zone, break below would lead the pair to test the lower range around 1.1250/1.1200.

 

[honeill]

Yesterday EURUSD fell with a narrow range, creating an inside day and closed near the low of the day, however closed within the previous day range, being slightly on the bearish side of neutral.

The pair is trading below the 10-day moving average that is acting as a dynamic resistance although is still trading above the 50 and the 200-day moving averages that act as a dynamic support.

The key levels to watch are: Daily resistance at 1.1556, other daily resistance at 1.1459, the 10-day moving average at 1.1426 (resistance), the 50-day moving average at 1.1330 (support) and a daily support at 1.1237.

 

[FX WES]

On Thursday session EUR/USD was trading slightly lower and earlier this morning hit 1.1366. Although there’s no substantial downtrend and generally the pair moves sideways without clear direction from Monday, the bearish scenario still effects with closest target around 1.1275 - 1.1200. Immediate resistance is located at 1.1450 and 1.1500.

 

[idimitrov]

The euro recorded a decrease against the dollar on Thursday. So the single currency completely lost profits that had gained the previous session. If the bearish sentiment continues in the future, the pair will break through support at 1.1309. The trade was opened at a price of 1.1425, and the finale was put 50 pips below. The bottom of the day was reached at 1.1370 shortly before the finish.

 

[rosentray]

The EUR/USD is trading lower today after upbeat US data. Main trend on the short-term remains bearish. Current market price 1.1327.

 

[idimitrov]

On Friday, the dollar rose against major currencies, as investors awaited the release of economic reports in the US today, while the pessimistic data ffrom the eurozone brought down demand for the single currency.
The EUR/USD fell 0.22% to 1.1350.

 

[victoriajensen]

EUR/USD finally broke below 1.1350 and continued on its way down towards 1.1300. If it breaks below that level its next target will likely be 1.1250 - 1.1200 and considering the shooting star candlestick that has formed on the weekly time-frame the pair might fall even lower than that.

 

[csc2009]

Eur/Usd finally settled just above 1.13 level after lost nearly 100 pips as the dollar strengthened due to better US data. Immediate support can be found at today's low around 1.1280 zone.

 

[Dagerban]

I think that EUR/USD asset will go up.

 

[idimitrov]

The euro was down against the US Dollar on Friday, closing at 1.1304, shedding 0.55%.
I believe that the support is now located at the level of 1.1283, the low of Friday's trading, and resistance is likely to make the level of 1.1448 - Wednesday's maximum.

 

[csc2009]

Next week attention will turn to Fed's minutes on Wednesday, we probably see some consolidation movement ahead of it.

 

[fxstrategist]

Eurusd

The EURUSD has found a good support at the 1.1300 level, a breakdown may take the price to the 1.1200 level. To the upside, the 1.1400 level may act as resistance.

 

[FX WES]

On Friday session the single currency continued to depreciate against the US dollar for a second day, which marked another negative week. The daily decline amounted to 65 pips to a closing price of 1.1310 as the pair traded within the extreme values 1.1379 and 1.1282. The price remains below average values, while the index of relative strength is in support of bears. A breakthrough of 1.1280 will lead to further decline.

 

[honeill]

On the last Friday’s session the EURUSD plunged with a wide range and close near the low of the day, in addition managed to close below the previous day low, suggesting a strong bearish momentum.

The pair is trading below the 10-day moving average that is acting as a dynamic resistance and closed below the 50-day moving average that should also act as other dynamic resistance although is still trading above the 200-day moving average that act as a dynamic support.

The key levels to watch are: Daily resistance at 1.1459, the 10-day moving average at 1.1404 (resistance), the 50-day moving average at 1.1332 (resistance), a daily support at 1.1237, a swing low at 1.1141 (support) and a daily support at 1.1097.

 

[rosentray]

EUR/USD is trading at 1.1320 after making a low of 1.1283 which appeared to be prior pivot point and gave bulls some confidence that they might be able to turn the price around. Main trend remains bearish on the short-term with first bear target 1.1270.

 

[victoriajensen]

There is a doji candlestick and a shooting star candlestick below the resistance at 1.1340 which coincides with (MA)89 on the 30-minute chart. This is a short-term signal, but I think we can expect a new move to the downside towards 1.1300.