The single currency marked a slight decrease against the dollar on Thursday. The euro broke neutral two-day series and continued the negative trend from the end of last week. As a result, the support at 1.1085 was pierced. Expectations, however, remain in favor of the euro and bullish sentiment. Trading starts at a price of 1.1126, and the end of the day EUR/USD lost 21 pips. The bottom of the day was hit at 1.1071.
Feb 19 2016 at 18:06
EUR/USD is testing the resistance at 1.1130 and in case it manages to break out above that level it will probably continue rising.
The EUR/USD is moving in a tight rang like yesterday, I will wait till next week looking for better chance.
Feb 19 2016 at 21:52
EUR/USD found support at 1.1100, on the 4 hours chart EUR/USD failed to break and stay under the support levels.
Feb 20 2016 at 09:49
Chances are good it is going to pop.
Feb 20 2016 at 19:29
1.09 next imo
Positivity
Feb 21 2016 at 08:08
It could, I'm not sure about having an opinion here, but if I went long I would put a stop at friday's low.
Feb 22 2016 at 09:28
On the last Friday’s session the EURUSD initially fell but found enough support to turn around and closed near the high of the day, however closed within the previous day range, suggesting a weak bullish momentum.
The pair is trading below the 10-day moving average acting as dynamic resistance however is still trading above the 50 and the 200-day moving averages that are acting as dynamic support.
The key levels to watch are: The daily resistances at 1.1460, other daily resistance at 1.1237, the 10-day moving average at 1.1203 (resistance), a daily support at 1.1097, and the 200-day moving average at 1.1025 (support).
The pair is trading below the 10-day moving average acting as dynamic resistance however is still trading above the 50 and the 200-day moving averages that are acting as dynamic support.
The key levels to watch are: The daily resistances at 1.1460, other daily resistance at 1.1237, the 10-day moving average at 1.1203 (resistance), a daily support at 1.1097, and the 200-day moving average at 1.1025 (support).
"I trade to make money not to be right."
Feb 22 2016 at 14:35
EUR/USD has almost reached the support at 1.0990 coinciding with (MA)89 on the daily time-frame. A breakout below that level would indicate a further move to the downside towards 1.0900 again.
Feb 22 2016 at 17:09
That was a turn of event EUR/USD suddenly fell 100 pips to stay above the support levels of 1.0990 which rebounded the price more than once since Dec. 2015, I Think I will wait till I see if the pair will break the support levels or will rebound.
The euro broke a five-day losing streak against the US dollar and rose on Friday despite good data on US inflation.
The currency pair EUR/USD ended the week at 1.1129, raising on Friday with 0.22 percent, and since the beginning of the year the euro has risen nearly 2.5 percent against the green money. Data from the day showed that consumer confidence in the Eurozone declined for the past month.
The currency pair EUR/USD ended the week at 1.1129, raising on Friday with 0.22 percent, and since the beginning of the year the euro has risen nearly 2.5 percent against the green money. Data from the day showed that consumer confidence in the Eurozone declined for the past month.
EUR/USD dropped to $1.10 amid no fundaments news today. The greenback gained more than 100 pips.
That was impressive drop for the EUR/USD today and the support level at 1.1005 is under pressure of the strong US dollar, Breaking below will drive the the pair to the 1.0990 level.
Further downside pressure may extend for the short term, but 1.1000 support level is still holding for now.
Feb 23 2016 at 02:59
The EURUSD may continue lower, but a pullback to the 1.1100 level could make that area become resistance.
Feb 23 2016 at 07:27
A pullback towards 1.1100 is very likely! It may touch 1.1122 on short covering
The euro resumed its downward movement against the dollar on Monday. The single currency depreciated by 83 pips to a closing price of 1.1027. The daily limit values were reached respectively at 1.1123 and 1.1003. Technical outlook in the short term remains negative, but for further decline is needed breakthrough levels at 1.0960.
Feb 23 2016 at 09:16
Yesterday the EURUSD plunged with a wide range and closed near the low of the day, in addition managed to close below the previous day low, suggesting strong bearish momentum.
The pair is trading below the 10-day moving average acting as dynamic resistance however is still trading above the 50 and the 200-day moving averages that are acting as dynamic support.
The key levels to watch are: The previous swing high at 1.1376, a daily resistance at 1.1237, the 10-day moving average at 1.1132 (resistance), a daily resistance at 1.1097, the 200-day moving average at 1.1025 (support) and 50-day moving average at 1.0982 (support).
The pair is trading below the 10-day moving average acting as dynamic resistance however is still trading above the 50 and the 200-day moving averages that are acting as dynamic support.
The key levels to watch are: The previous swing high at 1.1376, a daily resistance at 1.1237, the 10-day moving average at 1.1132 (resistance), a daily resistance at 1.1097, the 200-day moving average at 1.1025 (support) and 50-day moving average at 1.0982 (support).
"I trade to make money not to be right."
Eur/Usd seems in the recovery mood, Brexit fears are still driving the market, the pair might face more correction on the downside.
Feb 23 2016 at 16:08
The pair is still testing the support at 1.1000 indeed. I do think it will break below that level soon though, and continue towards 1.0900, perhaps even 1.0800.
