EUR/USD

It seems the Euro strengthened, I'm looking forward to a possible 1.20 target next month.

Eur/Usd upside movement seems dry up, but downside seems limited too ahead of US nonfarm payrolls. Resistance can be found at 1.169 and follow by 1.172, on the opposite side, immediate support around 1.162 and follow by 1.150/55.

On the last Friday’s session, the EURUSD rallied with a wide range and closed near the high of the day, in addition, managed to close above Thursday’s high, which suggests a strong bullish momentum.

The currency pair closed above the 10-day moving average that should provide a dynamic support, nonetheless, it continues to trade below the 50 and the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1638 (support), a daily support at 1.1555 and year-to-date low at 1.1509 (support).

On yesterday session, the EURUSD initially fell but found enough support near 1.1600 handle to trim some of its losses and closed in the middle of the daily range, in addition, managed to close within Friday’s range, which suggests being clearly neutral, neither side is showing control.

The currency pair is trading above the 10-day moving average that should provide a dynamic support, nonetheless, it continues to trade below the 50 and the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1624 (support), a daily support at 1.1555 and year-to-date low at 1.1509 (support).

On yesterday session, the EURUSD rose with a narrow range and closed near the high of the day, however, managed to close within Mondays’ range, which suggests being slightly on the bullish side of neutral.

The currency pair is trading above the 10-day moving average that should provide a dynamic support, nonetheless, it continues to trade below the 50 and the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1642 (support), a daily support at 1.1555 and year-to-date low at 1.1509 (support).

On yesterday session, the EURUSD went back and forward without any clear direction but closed in the middle of the daily range, in addition, managed to close within Tuesdays’ range, which suggests being clearly neutral, neither side is showing control.

The currency pair is trading above the 10-day moving average that should provide a dynamic support, nonetheless, it continues to trade below the 50 and the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753), the 50-day moving average at 1.1710 (resistance), a key level at 1.1684 (resistance), the 10-day moving average at 1.1644 (support), a daily support at 1.1555 and year-to-date low at 1.1509 (support).

The single currency registered a neutral session against the US dollar on Wednesday. The currency pair added only 1 pip at a closing price of 1.1655. Daytime extreme values ​​were reached at 1.1681 and 1.1630 respectively. Technically, the bulls remain in a leading position, and a possible correction should re-establish their interest.

EUR / USD
Key levels to watch for:
Support: 1.1560; 1.1380;
Resistance: 1.1720; 1.1920;

On yesterday session, the EURUSD rose with a wide range but found enough resistance at the 50-day moving average to trim some of its gains and closed in the middle of the daily range, in addition, managed to close above Wednesday’s high, which suggests a bullish momentum.

The currency pair is trading above the 10-day moving average that should provide a dynamic support, nonetheless, it continues to trade below the 50 and the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753), the 50-day moving average at 1.1707 (resistance), a key level at 1.1684 (resistance), the 10-day moving average at 1.1645 (support), a daily support at 1.1555 and year-to-date low at 1.1509 (support).

Positive US data impacted the US dollar in a negative way. 213K jobs created, EUR/USD up significantly.

Yes,Ari Goldman.I believe that most of the time news just provide the momentum to reach long term higher time frame technical profit projections.Market seems chaotic and without plan even though it is unthinkable that big moneys that moves the market will be chaotic and without plans.

My Idea is,trade only when you see several confirmations that a for a particular currency pair you think you have seen those technical profit projections of the smart moneys. Watch out for relevant news if any.Look for high probability winning technical setups,and enter your trade in the direction so indicated at optimal price entry level with tight stop loss and great multiple take profits with at least 1:3 risk-reward ration,God-willing.

For EURUSD in the present circumstances,I see that it has reached upward profit taking higher time frame projections and is setting to drop by at least 160 pips or more this week.My idea is to wait till Europe open today Monday and latest after London open for good sell technical setup for at least 40 pips God-willing before US open today,God-willing.

Wishing all the very best.

On the last Friday’s session, the EURUSD rallied with a wide range and closed near the high of the day, in addition, managed to close above Thursday’s high, which suggests a strong bullish momentum.

The currency pair is trading above the 10-day moving average and has close above the 50-day moving average, both should provide a dynamic support, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, the 50-day moving average at 1.1701 (support), a key level at 1.1684 (resistance), the 10-day moving average at 1.1680 (support), a daily support at 1.1555 and year-to-date low at 1.1509 (support).

Eur/Usd upside momentum remains strong, currently trading around 1.177/78 region, next important resistance is at 1.180 level.

True,the upside momentum is showing strength but I believe it is only trap liquidity.I suspect that it may even go as high as 1.1850 zone,but it will drop massively especially given that a EUR news is expected in less than 2 hrs time God-willing.I will be very careful to long EURUSD for now but rather be more patient till the news is out to ascertain my down side move suspicion,God-willing.Yet for those who may wish to trade the news itself,I guess they should wait till the last 5-15 minutes before the news to pick their news impact bias direct and immediate direction,God-willing.

Best wishes.

There's one place I would think of going short on the 4hr chart, to the left we have the last large sell bar, not there yet plus news coming ,apart from that its on a bullish trend usually not wise to go against.

Hello friends,can we see that EURUSD has dropped over 50 pips in the last 5 hrs or o.We can still target its pullback for a good sell entry point,God-willing.We can stiil cash some pips on its way down,God-willing.

On yesterday session, the EURUSD initially rallied but found enough selling pressure near 1.1790 to trim all of its gains and closed near the low of the day, however, managed to close within Friday’s range, which suggests being slightly on the bearish side of neutral.

The currency pair is trading above the 10-day moving average and has close above the 50-day moving average, both should provide a dynamic support, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, the 50-day moving average at 1.1701 (support), a key level at 1.1696 (resistance), the 10-day moving average at 1.1696 (support), a daily support at 1.1555 and year-to-date low at 1.1509 (support).

EURUSD has been moving quite mad lately, but my overall prediction is that it will rise dramatically by the end of the week.

I suspect the pair is dropping now with Tps along the way till 1.1628 tomorrow if not today,God-willing.SlL is best at 1.1820 but 1.1785 is not bad too in my view but the former safer,God-willing.