EUR/USD

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

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

The key levels to watch are: a daily resistance 1.2041, a key level at 1.1965 (resistance) other Key level at 1.1880 (support), the 10-day moving average at 1.1843 (support), a daily support at 1.1829 and other daily support at 1.1753.

The EUR/USD made a move to the upside, interesting to see how this plays out.

On yesterday session, the EURUSD initially fell but found enough buying pressure near Wednesdays low to wipe out all of its losses and closed near the high of the day, in addition the currency pair managed to close above Wednesdays high, which suggests a strong bullish momentum.

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

The key levels to watch are: a daily resistance 1.2041, a key level at 1.1965 (resistance) other Key level at 1.1880 (support), the 10-day moving average at 1.1865 (support), a daily support at 1.1829 and other daily support at 1.1753.

GBP/USD found some resistance at 1.3550 and bounced off from that level but the move to the upside towards 1.3655 will probably continue next week.

It was a very shaky day for EUR/USD but the pair is back at higher levels with current market price 1.1930. I think the pair will test the resistance at 1.1961.

After having turbulent week, EUR/USD closed at 1.1891, slightly below the key level 1.19. Immediate support is seen ay 1.1880 with a break below it the pair will extend its donward correction towards 1.1830-1.1840 area. Looking to the upside, 1.1960 remains first bulls target.

On the last Friday’s session, the EURUSD went back and forward without any clear direction but closed in the middle of the daily range, in addition the currency pair managed to close within Thursday’s range, which suggests being clearly neutral, neither side is showing control.
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.

The key levels to watch are: a daily resistance 1.2041, a key level at 1.1965 (resistance) other Key level at 1.1880 (support), the 10-day moving average at 1.1865 (support), a daily support at 1.1829 and other daily support at 1.1753.

Eur/Usd started the week with a bearish gap and trading within a narrow range, found support level at 1.1836 and follow by 1.1806, break below will generate strong bearish strength.

EUR/USD started the new week with weak tunes. The pair found support at the 50% Fibo of latest bearish September to November slope (1.1824) and bounced to currently trade at 1.1850.

On yesterday session, the EURUSD initially fell but found enough support to rub out all of its initial losses and closed near the high of the day, however the currency pair managed to close within Friday’s range, which suggests being slightly on the bullish side of neutral.

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

The key levels to watch are: a daily resistance 1.2041, a key level at 1.1965 (resistance) other Key level at 1.1880 (support), the 10-day moving average at 1.1883 (resistance), a daily support at 1.1829 and other daily support at 1.1753.

EUR/USD touched 1.18 level today, but bounced to currently trade at 1.1824. Anyway the short-term sentiment remains bearish, according to indicators on the four hour time frame.

On yesterday session, the EURUSD fell with a wide range but managed to recover by the end of the session closing in the middle of the daily range, in addition the currency pair succeeded to close below Monday’s low, which suggests bearish momentum.

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

The key levels to watch are: a daily resistance 1.2041, a key level at 1.1965 (resistance) other Key level at 1.1880 (support), the 10-day moving average at 1.1870 (resistance), a daily support at 1.1829 and other daily support at 1.1753.

Price is moving towards support and I think that it will test it at the point of 1.17974. And I hope price does not break it and go up to the point 1,19087. But there is a possibility that the price will break through the support and move lower to the point of 1,17315.

EUR/USD reached two weeks low today and will continue to keep its bearish stance in the short term, confirmed by the indicators on the four hout time frame.

On yesterday session, the EURUSD fell with a narrow range but managed to recover by the end of the session again and closed in the middle of the daily range, furthermore the currency pair managed to close within Tuesday range, which suggests being clearly neutral, neither side is showing control.

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

The key levels to watch are: a daily resistance 1.2041, a key level at 1.1965 (resistance) other Key level at 1.1880 (support), the 10-day moving average at 1.1854 (resistance), a daily support at 1.1829 and other daily support at 1.1753.

On yesterday 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 Wednesdays’ low, which suggests a strong bearish momentum.

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

The key levels to watch are: a key level at 1.1965 (resistance), the 10-day moving average at 1.1836 (resistance), the 50-day moving average at 1.1755, a daily support at 1.1753 and a key level at 1.1684 (support).

With US Senate intending to extend the debt ceiling and avoid a government shutdown and US dollar might add some fuel, otherwise the pair is poised to extend its decline towards the support at 1.1715, having the expectations of NFP tomorrow.

The Euro slipped this week. Maybe the next will be better.

mn1 - eur\usd scenario ...