EUR/USD

And next week we will see Bull's or Bear's dominating?

I wonder if there will be surprises next week... :)

In my opinion, the next target will be 1.0900.

The single currency recorded a successful session against the dollar on Friday. The pair tested the resistance at 1.1040, but didn’t break through it. If expectations for a new bullish momentum come true, the key level will be overcome soon. Session on Friday started at 1.0939 as bullish sentiment prevailed from the beginning. Top of the day was reached at 1.1029, and session finished at 1.0988.

I expect the next two days to be quite slow for EUR/USD while everyone are waiting for the FED to make their rate decision announcement. The pair might fall to 1.0900 or test the resistance at 1.1040 but either way range will probably continue.

@victoriajensen @FXWE @deresel

Wednesday and Thursday will be 'hot'days for the EUR/USD pair.

When the Rate Hike will be launched, what will your expectations be for the pair?
I expect the FED will raise the rate and the EUR/USD will plunge south....

On Friday session the EURUSD rose but half of its gains back to the market and closed in the green, in the middle of the daily range also closing within previous day range, suggesting that the pair turn into a consolidation mode and maybe topped out.

The 10-day moving average is now acting as a dynamic support and will push the price up.

The key levels to watch are the 1.1097 (resistance), a 200-day moving average at 1.1083 (resistance), the 10-day moving average at 1.0930 (support), 1.0900 (support) and 1.0819 (support).

EUR/USD is testing last week high 1.1040, the market is ready for the interest rate decision after tomorrow, I guess it is safe to be out till then.

The EUR/USD rose over the 1.0930 support level but rebounded from the 1.1050, and i see that the next stage will be the 1.1100.

The euro reflected modest gains on Friday, erasing some of its losses from the previous session after currency traders continued to support the likelihood of a rise in interest rates this week.
Demand for the dollar was still strong.
On Friday, the currency pair traded between 1.0926 and 1.1030 before settling at a price of 1.0988.

The single currency recorded a minor increase against the dollar on Monday. The session was dynamic and as a result the resistance at 1.1040 was pierced. The pair reached tip of the day at 1.1047 and immediately afterwards, however, the price was corrected and session closed at 1.0990. If short-term expectations for the new positive momentum of the euro justify, the key levels will again be overcome.

It seems gains limited to 1.1050 level, level 1.1000 is still holding so far.

What an amazing rally before the interest rate decision.

It is .... let's see what will happen.
Some good (extra) entrees for Short positioning though.
ThumbsUp for tomorrow everybody! happy trading.

Robert

ThumbsUp...

What is your expectation when the FED deliver the RATE HIKE ?
What are your goals?

MINE
Rate Hike Yes: short 1.04--- range
Rate Hike No: Long 1.12500 range

Love to read your opinions :)

Yesterday the EURUSD went back and forward but managed to close in the middle of the daily range, in addition closed within the previous day range, suggesting that the pair continues consolidating.

The 10-day moving average continues to support the pair and even pushing the price up.

The key levels to watch are the 1.1097 (resistance), a 200-day moving average at 1.1084 (resistance), the 10-day moving average at 1.0942 (support), 1.0900 (support) and 1.0819 (support).

Societe Generale expect correction of EUR/USD, but not a change of the trend. They believe that in the short term risks are aimed at restoring to $ 1.11, but there is some possibility for correction to $ 1.13.

Sell EURUSD at 1.1060 TP 1.01020

What an exciting morning,we got the push through 1050,I was expecting this before news today,the Asian session was a strong move,usually quiet slow grind.Figures out later today,I will be waiting for trend to form before I jump in.Watch out for spikes mins after the data.No fixed levels as the figures will dictate where this trade seeks value,not a technical trade as such.Just now 12.32 we almost got a push down to 984 level,this might be the start of another up trend,would prefer a deeper spike to just push through this level by a few points then reverse.