EUR/USD

EUR/USD bounced off the resistance at 1.0470 and it's still moving to the downside. If it breaks out below 1.0390 next target will likely be the previous low at 1.0350.

The EUR/USD pair again is seen below 1.0400 level. The US macro data relesed today was quite disappointing but nevertheless the greenback paired gains. As long as the pair hold below this level the retest of the yearly low at 1.0351 becomes very possible.

Yesterday, the EURUSD initially fell with a wide range but found enough buying pressure to trim some of its losses and closed in the middle of the daily range, however the currency pair closed below the previous day low, which suggests bearish momentum.

The currency pair closed shy below the 10-day moving average that should act as a dynamic resistance and continues to trade below the 50 and the 200-day moving averages that should act as dynamic resistances.

The key levels to watch are: a Fibonacci extension at 1.0666 (resistance), a daily resistance at 1.0622, the 10-day moving average at 1.0433 (resistance), a daily resistance at 1.0462 and the new multi-year low at 1.0352(support).

EUR/USD reached 1.0373 yesterday and is up sharply to a high of 1.0479. The pair is currently trading at 1.0470 as it seems that US bulls will take a break until years end. Support rests at 1.04 while resistance is seen at 1.0515.

The freshly released US macro data dragged the US dollar slightly down. The EUR/USD pair moved higher to reach 1.0493, but couldn’t surpass the key level at 1.0500. As long as the pair is staying below this level, bears dominate the trend.

Yesterday, the EURUSD rose with a narrow range and closed near the high of the day, in addition the currency pair managed to close above the previous day high, which suggests a strong bullish momentum.

The currency pair closed back above the 10-day moving average that should act as a dynamic support and continues to trade below the 50 and the 200-day moving averages that should act as dynamic resistances.

The key levels to watch are: a Fibonacci extension at 1.0666 (resistance), a daily resistance at 1.0622, the 10-day moving average at 1.0437 (support), a daily support at 1.0462 and the new multi-year low at 1.0352(support).

EUR/USD sharply up in today's session due to a computer generated order that created a spike in the pair up to 1.0650. The pair is now 1.0560 in the last trading day of 2016.

EUR/USD surprised with a surge to 1.0653 this morning. The last trading day seems to be quite voaltile and interesting. Currently market price is 1.0545. If the pair succeed to close above 1.0560, next bulls target is seen at 1.0660.

Good move for the last trading days in 2016.

After end of year trading, profit taking, I hope we are back to normal. This week the pair probably would still be trading flat before nonfarm payrolls on Friday. After sharp spike, Eur/Usd found its near resistance level around 1.0650 zone.

Is year 2017 really going to be better than year 2016? I wonder. Just remember Trump is actually going to become president from 20th January this year.

Dollar drops in the end of New Year in a weakened trade.
The euro rose by 0.9% against the dollar to 1.0510, retreating from a 13-year low of 1.0352 last week.

EUR/USD is trading lower today after the flash crash from last week took the pair to a high of 1.0650. Price is now 1.0481 and it appears that US dollar bulls are again ready to take control over the market.

On the last Friday’s session the EURUSD initially rose with a narrow range but found enough selling pressure at the 50-day moving average to reverse and closed near the low of the day, although the currency pair managed to close above Thursday’s high, which suggests a weak bullish momentum.

The currency pair is trading above the 10-day moving average that should act as a dynamic support but continues to trade below the 50 and the 200-day moving averages that should act as dynamic resistances.

The key levels to watch are: a Fibonacci extension at 1.0666 (resistance), a daily resistance at 1.0622, the 10-day moving average at 1.0444 (support), a daily support at 1.0462 and the new multi-year low at 1.0352(support).

but there is no trading today unless i have missed something???

EUR/USD is moving to the downside after forming an impressive shooting star candlestick on the daily time-frame. Next target is likely the support at 1.0400 and if it breaks out below that level it will probably test the previous low at 1.0352.

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

The currency pair is still closing above the 10-day moving average that should act as a dynamic support but continues to trade below the 50 and the 200-day moving averages that should act as dynamic resistances.

The key levels to watch are: a Fibonacci extension at 1.0666 (resistance), a daily resistance at 1.0622, a daily support at 1.0462, the 10-day moving average at 1.0450 (support) and the 2016 low at 1.0352(support).

The euro is depreciated again against the dollar in the second trading day of the year. The pair went to a low below 1.04 and is bow trading at 1.0412.

EUR/USD is very bearish and the pair is testing once again the support at 1.0370. If it breaks out below that level the move to the downside will likely continue.