EUR/USD

Most volatility is expected after publishing US retail sales later on today. Upon good data the USD might push higher.

Yesterday EURUSD went back and forward without any clear direction again and closed in the middle of the daily range, in addition managed also to close within the previous day range, suggesting lack of momentum.

The pair closed below the 10-day moving average that should act as a dynamic resistance but is above the 50 and the 200-day moving averages that are acting as dynamic supports.

The key levels to watch are: A daily resistance at 1.1556, other daily resistance at 1.1459, the 10-day moving average at 1.1388 (support), the previous swing high at 1.1342 (support) and daily support at 1.1237.

EUR/USD is trading lower today due to technicals impacting price movement. The pair reached resistance a few days ago going to 1.1470 and then took it down 1.1295. Currently, the EUR/USD is trading at 1.1304 with first support at 1.1270 and first resistance at 1.1450.

I see support at 1.1278 and resistance at 1.1323

Its time to sell EUR/USD at 1.1278 with SL at 1.1295 and TP at 1.1191

The pair broke below 1.1300 and is currently testing 1.1280. If it breaks below that level it will likely reach the support at 1.1140 again, which coincides with (MA)89 on the daily time-frame.

The EURUSD drops on Dollar strength, but the bullish trend is still in place. To see a change in direction the pair would have to break below the 1.1100 level.

I would expect the current bearish correction could extend if the pair break below the immediate support zone at 1.1270/60.

The single currency recorded sharp drop against the US dollar on Wednesday. The pair lost 111 pips to a closing price of 1.1272. After a steady downtrend, the pair broke first support at 1.1286. In the short term bears will continue to dominate.

Yesterday EURUSD plunged with a wide range and closed near the low of the day, in addition managed to close below the previous day range, suggesting a strong bearish momentum.

The pair is trading below the 10-day moving average that is acting as a dynamic resistance but is above the 50 and the 200-day moving averages that are acting as dynamic supports.

The key levels to watch are: A daily resistance at 1.1459, the 10-day moving average at 1.1379 (resistance), the previous swing high at 1.1342 (resistance), a daily support at 1.1237, the 50-day moving average at 1.1168 (support) and a previous swing low at 1.1144 (support).

EUR/USD found some support at 1.1230, but I doubt it will remain above that level for long. If it breaks below 1.1230 next target is 1.1200, then 1.1130.

victoriajensen posted:
EUR/USD found some support at 1.1230, but I doubt it will remain above that level for long. If it breaks below 1.1230 next target is 1.1200, then 1.1130.

I think EUR/USD is making breath for a few hours and will go down soon.

Indecision on the EURUSD for today, but the bearish trend is still in place. The pair may try to visit the 1.1200 level.

The EUR/USD reached 1.1233 in today's trading session and is currently trading at 1.1258. 1.1260 is support now and price might attempt to climb above this level and possibly close the week above 1.13.

Yesterday EURUSD initially fell but found enough support to trim some of its losses and closed in the middle of the daily range, however managed to close below the previous day low, suggesting a weak bearish momentum.

The pair is trading below the 10-day moving average that is acting as a dynamic resistance but is above the 50 and the 200-day moving averages that are acting as dynamic supports.

The key levels to watch are: A daily resistance at 1.1459, the 10-day moving average at 1.1366 (resistance), the previous swing high at 1.1342 (resistance), a daily support at 1.1237, the 50-day moving average at 1.1173 (support) and a previous swing low at 1.1144 (support).

EUR/USD broke from the recent consolidation zone between 1.1330 and 1.1440. As long as the pair stays below 1.1330, the outlook remains bearish.

The EUR/USD is trading relatively unchanged since yesterday's close as it seems to have been caught in a range between 1.1280 and 1.1240. A move to the upside might be expected as price is resting on a short-term support zone.

The pair formed a spinning top above the support at 1.1230 and started moving to the upside. It's currently testing the resistance at 1.1300 but it's unlikely to break above that level before the market closes later today.

The pair is slightly bearish, but downside movement seems limited as well as upside potential also capped to 1.1310/20 zone.