EUR/USD

At the moment EURUSD is gaining 0.11% at 1.0688 and a break above 1.0709 (20-day sma) would target 1.0772 (high Mar.30) en route to 1.0827 (high Mar.29). On the other hand, the immediate support aligns at 1.0669 (low Mar.30) followed by 1.0626 (100-day sma) and finally 1.0597 (low Mar.14).

On yesterday session, the EURUSD fell again with a wide range and closed near the low of the day, in addition managed to close below Wednesday low, which suggests a strong bearish momentum.

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

The key levels to watch are: key level at 1.0970 (resistance), a daily resistance at 1.0900, the 200-day moving average at 1.0837 (resistance), a daily resistance at 1.0819, the 10-day moving average at 1.0787 (resistance), a daily resistance at 1.0713, the 50-day moving average at 1.0668 (support) and a daily support at 1.0622.

EUR/USD is about to close the week consolidated around 1.0680. The price is now 1.0674 as bears have taken control again due to strong US data.

With the beginning of the current week the EUR/USD pair marked a fresh 4 month high, but meanwhile since then started to drop to currently trade at 1.0680. The short term outlook remains bearish. Key support is standing at 1.0660 and in case of breaking it, further weakness is seen around 1.0620 area.

EUR/USD: The trade signals remain down to test 1.0600. On the charts we have a bullish divergence indicator CCI, suggesting bullish correction especially if price would be able to make a clear break above 1.0700 to test 1.0750 - 1.0785. But as long as price holds above 200 EMA, I prefer a bearish scenario at this phase and any upward pressure should be seen as a good opportunity for short positions.

The EURUSD has broken below the 1.0700 level and it may continue falling during next week, maybe visiting the 1.0600 zone. To the upside, the 200 day EMA, around the 1.0800 level may act as a resistance. For now the short term trend is bearish.

The euro fell against the US dollar on Friday. By the close of US trading, EUR/USD was trading at 1,0655, losing 0.20%. I believe that support is now at around 1,0652, the low of today's trading, and resistance is likely to come in at 1,0905, Monday's high.

The EURUSD continued its bearish momentum yesterday bottomed at 1.0671. The bias remains bearish in nearest term testing 1.0600 region. That said, we have a CCI bullish divergence as you can see on my H1 chart below suggests a potential bullish correction especially if price able to make a clear break above 1.0700 testing 1.0750 – 1.0785 region but as long as stay below the EMA 200 I still prefer a bearish scenario at this phase and any upside pullback should be seen as a good opportunity to sell.

With the beginning of the current week the EUR/USD pair marked a fresh 4 month high, but meanwhile since then started to drop to currently trade at 1.0680. The short term outlook remains bearish. Key support is standing at 1.0660 and in case of breaking it, further weakness is seen around 1.0620 area.

Eur/Usd is in the correction mood while still well within negative territory. The pair has found immediate support level at 1.0650, break below could lead to 1.06 zone.

The EURUSD had a bearish momentum last week bottomed at 1.0651 after formed a “shooting star” formation on daily chart following a false break above 1.0873 key resistance. The bias is bearish in nearest term testing 1.0600 region. Immediate resistance is seen around 1.0700. A clear break above that area could lead price to neutral zone in nearest term testing 1.0750 but price is still in a valid short-term bearish trend and as long as stay below 1.0750 any upside pullback should be seen as a good opportunity to sell. On the downside, a clear break and daily close below 1.0600 would expose 1.0500 region.

On the last Friday’s session the EURUSD fell with a narrow range and closed near the low of the day, in addition the currency pair managed to close below Thursday’s low, which suggests a strong bearish momentum.

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

The key levels to watch are: a daily resistance at 1.0900, the 200-day moving average at 1.0835 (resistance), a daily resistance at 1.0819, the 10-day moving average at 1.0779 (resistance), a daily resistance at 1.0713, the 50-day moving average at 1.0665 (resistance) and a daily support at 1.0622.

The cross last week failed at its 200 day ma and sold off to its the 55 day ma at 1.0675, which is being eroded currently. Rebounds from here are likely to be pretty tepid and we look for losses to the base of the short term channel at 1.0580. Intraday rallies are indicated to now remain capped by 1.0730.A close above the 200 day ma would put the 1.0978/50% retracement back on the agenda.

On yesterday session, the EURUSD went back and forward without any clear direction but closed in the green, in the middle of the daily range, however the currency pair closed within Friday’s range, which suggests being clearly neutral, neither side is showing control.

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

The key levels to watch are: a daily resistance at 1.0900, the 200-day moving average at 1.0830 (resistance), a daily resistance at 1.0819, the 10-day moving average at 1.0751 (resistance), a daily resistance at 1.0713, the 50-day moving average at 1.0661 (resistance) and a daily support at 1.0622.

EUR/USD extended its decline and marked 3-week low at 1.0642. While staying below the critical level at 1.0700, the risk remains towards the downside.

At the moment EUR/USD is losing 0.14% at 1.0655 facing the immediate support at 1.0641 (low Apr.3) followed by 1.0624 (100-day sma) and finally 1.0597 (low Mar.14). On the flip side, a breakout of 1.0683 (high Apr.3) would target 1.0705 (high Mar.31) en route to 1.0716 (20-day sma).

EUR/USD is still quite bearish despite the pair of spinning top candlesticks that have formed on the daily time-frame at the support at 1.0640. Next target is likely around 1.0545 - 1.0550.

nothing happend

On yesterday session, the EURUSD initially fell but found enough buying pressure at 1.0642 to turn around and closed in the green, near the high of the day, however the currency pair closed within Monday’s range, which suggests being slightly on the bullish side of neutral.

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

The key levels to watch are: a daily resistance at 1.0900, the 200-day moving average at 1.0828 (resistance), a daily resistance at 1.0819, the 10-day moving average at 1.0741 (resistance), a daily resistance at 1.0713, the 50-day moving average at 1.0659 (support) and a daily support at 1.0622.