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Nov 02 2017 at 17:20
675 posts
EUR/USD is slightly up today, but yet the short term outlook remains neutral.

Nov 03 2017 at 01:21
774 posts
The EURUSD is consolidating below the 1.1700 level, but it may try to break below the 1.1600 level if the US jobs report is robust. The pair may fall to the 1.1500 level, around the 200 day EMA.

Nov 03 2017 at 06:34
675 posts
After hitting the weekly high yesterday at 1.1687, EUR/USD is consolidation this morning. All eyes on NFP later on today.

honeill (honeill)
Nov 03 2017 at 11:00
1141 posts
On yesterday session, the EURUSD initially rallied with a wide range but found enough resistance near the 10-day moving average to trim some of its gains and closed in the middle of the daily range, in addition the currency pair managed to close within Wednesday’s range, which suggests being clearly neutral, neither side is showing control.

The currency pair is trading below the 10 and 50-day moving averages that should provide dynamic resistance however is trading above the 200-day moving average that should provide dynamic support.

The key levels to watch are: a daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1665 (resistance), the 1st head and shoulders target at 1.1593 (support), a daily support at 1.1558 and other daily support at 1.1460.

"I trade to make money not to be right."
Nov 03 2017 at 16:41
1117 posts
Although the fundamentals caused a large move to the downside today EUR/USD continues consolidating sideways because there was no breakout below the support at 1.1575 and such a breakout likely won't occur before next week.

arigoldman (arigoldman)
Nov 03 2017 at 16:54
907 posts
The dollar went up despite the lower than expected Jobs report. Probably it will go below 1.15 next week.

snapdragon1970 (snapdragon1970)
Nov 03 2017 at 17:28
1944 posts
16 looks like it is holding for now,with a tight stop its a reasonable entry for a quick Long.

"They mistook leverage with genius".
Nov 03 2017 at 19:52
708 posts
The euro / dollar had a moderate ascending momentum yesterday, forming a peak at 1.1687. The views are bullish for testing at 1.1725 / 50. But the longer the price stays below 1.1900, the downward reversal scenario of the head and shoulders remains intact and any upward pressure should be seen as a good sales opportunity. Immediate support is 1.1625. A clear breakthrough below this level may take the price to a neutral zone with testing at the 1.1575 level. A clear breakthrough and daily / weekly closure below will open the doors in front of the bear to 1.1450.

Nov 03 2017 at 20:25
421 posts
The euro rose against the US dollar on Friday morning. During Asian trading, EUR / USD was trading at 1.1661, gaining 0.03%. I believe that support is now at 1.1594, Monday's low, and resistance is likely at 1.1687, Thursday's high.

Nov 04 2017 at 18:51
421 posts
The euro fell against the US dollar on Friday. By the close of US trading, EUR / USD is trading at 1,1605, losing 0.45%. I believe that support is now at 1.1594, Monday's low, and resistance is likely at 1.1690, the high of Friday's trading.

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