K.I.S.S analysis EUR/USD

[csc2009]

Eur/Usd remains just above 1.1100 level after the FOMC minutes, let's see if 1.1100 holds, next target would be around 1.1160/70 zone.

 

[fxstrategist]

Eurusd

The EURUSD on the daily chart consolidates around the 1.1100 level, but the 1.1200 may still be resistance, the 1.0900 level may still be a support area.

 

[FX WES]

EUR/USD recorded a modest increase Wednesday. After a volatile session, the euro added 25 pips to a closing price of 1.1099. The intraday high was marked at 1.1111 and the daily low at 1.1031. Currently bulls are targeting the resistance located at 1.1100.

 

[honeill]

Yesterday EURUSD initially fell but found enough buying pressure to reverse, closing near the high of the day, in addition managed to close within the previous day range, which suggests being slightly on the bullish side of neutral.

The pair is trading below all 3 moving averages the 10, 50 and 200 that should act as dynamic resistances.

The key levels to watch are: The 50-day moving average at 1.1228 (resistance), a daily resistance at 1.1097, the 10-day moving average at 1.1095 (resistance), the 200-day moving average at 1.1093 (resistance) and Fridays low at 1.0912 (support).

 

[victoriajensen]

EUR/USD moved to the upside yesterday but currently it's caught in a tight range, testing the resistance at 1.1100. I doubt that will end before the NFP tomorrow.

 

[rosentray]

EUR/USD is trading relatively lower today. The price is now 1.1091 and this is the second day where the pair goes below 1.1060 and then climbs back above 1.1100. Current level is right at the 200SMA.

 

[fxstrategist]

Eurusd

The EURUSD on the daily chart is still below the 1.1100 level, but the bearish trend may continue after the current pullback.

 

[FX WES]

The euro depreciated against the dollar on Thursday. The session started at 1.1099 and ended 38 pips lower. The intraday high was marked at 1.1106 and low at 1.1052. In the short term the outlook is positive, but for significant upward movement is needed breakthrough of 1.1100.

 

[rosentray]

The EUR/USD is trading relatively unchanged since yesterday's session. Today we have the NFP and Jobs report in less than 5 hours. The most important news for the month are bound to stir the calm market today.

 

[honeill]

Yesterday EURUSD fell with a narrow range and closed near the low of the day, in addition managed to close within the previous day range, which suggests being slightly on the bearish side of neutral.

Today we will have the nonfarm payrolls data and market is expecting the creation of 175K new jobs in June but this number is also subject to strong reviews in the upcoming months, and those reviews also tend to trigger volatility in the EURUSD.

The pair continues to trade below all 3 moving averages the 10, 50 and 200 that should act as dynamic resistances.

The key levels to watch are: The 50-day moving average at 1.1222 (resistance), a daily resistance at 1.1097, the 10-day moving average at 1.1096 (resistance), the 200-day moving average at 1.1095 (resistance) and Fridays low at 1.0912 (support).

 

[victoriajensen]

I was hoping that the fundamentals today would cause a move in a clear direction, rather than a whipsaw, but clearly that wasn't the cause. EUR/USD is still struggling to break below 1.1030 and it's doubtful that will happen this week.

 

[arigoldman]

Looking forward to what the week brings.

 

[csc2009]

Eur/Usd is still holding just above 1.1000 level, lack of strength to continue its downside movement, only if the pair breaks below the support level will result further downward extension.

 

[FX WES]

The single currency marked a volatile session against the US dollar on Friday. But finally the opening price was close to the closing, respectively, 1.1061 and 1.1051. In the early hours bears prevailed and the pair hit the bottom for the day at 1.1002. Subsequently, however, the euro gained advantage and so the difference between the highest and lowest value was 108 pips. If expectations for further depreciation of the euro justify, we may soon expect a test of the support at 1.0970.

 

[honeill]

On the last Friday’s session the EURUSD went back and forward with a wide range but closed in the red although in the middle of the daily range and managed to close below the previous Thursday’s range, suggesting bearish momentum.

The pair continues to trade below all 3 moving averages the 10, 50 and 200 that should act as dynamic resistances.

The key levels to watch are: The 50-day moving average at 1.1214 (resistance), a daily resistance at 1.1097, the 10-day moving average at 1.1099 (resistance), the 200-day moving average at 1.1097 (resistance) and daily support 1.0900.

 

[rosentray]

The EUR/USD pair recorded a drop in the first hours of the trading European session. The pair reached of 1.1017 and is now trading at 1.1028. First support is seen at 1.1000.

 

[victoriajensen]

EUR/USD may have formed a double bottom above the support at 1.1030. If that is so its next target is likely around 1.1060 - 1.1070.

 

[piphoe]

long EUR 11048

 

[piphoe]

looking for about 20 or 30 pips on this trade..

 

[csc2009]

Eur/Usd remains in a tight range, lack of strength to advance above 1.1065/75 zone. With limited economic releases, I expect the pair would stay in the range tomorrow.