EUR/USD

Exciting week ahead, the move on Friday was massive.

Eur/Usd would have a chance to consolidate during US's holiday on Monday while bulls remain strong. There is still room on the upside despite the pair being in overbought territory short-term. My next target is at 1.2220.

On the last Friday’s session the EURUSD sky-rocket with an extreme wide range and closed near the high of the day, in addition the currency pair managed to close above Thursday’s 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: a daily resistance at 1.2432, other daily resistance at 1.2287, a daily support at 1.2126 (resistance), the 10-day moving average at 1.2066 (support) and a daily support at 1.2041 (support).

I watch how the EUR/USD is reaching for new heights. According to the rising trend, the next point of contact may be level 1.2771, which means not the most optimistic expectations for the Dollar.
Growth may be temporarily suspended for the next 1-2 days due to the impact of resistance 1.2300. The decline can be quite deep, and reach 50% of the growth since Dec. 10. Also, this decrease will mark testing of the rising trend support.

On yesterday session, the EURUSD rallied again but this time with a narrow range and closed near the high of the day, in addition managed to close above Friday’s 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: a daily resistance at 1.2432, other daily resistance at 1.2287, a daily support at 1.2126 (resistance), the 10-day moving average at 1.2085 (support) and a daily support at 1.2041 (support).

On yesterday session, the EURUSD initially fell but found enough buying pressure near Monday’s session to reverse and managed to close near the high of the day, although closed within Mondays’ range, which suggests being slightly on the bullish side of neutral.

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

The key levels to watch: a daily resistance at 1.2432, other daily resistance at 1.2287, a daily support at 1.2126 (resistance), the 10-day moving average at 1.2106 (support) and a daily support at 1.2041 (support).

On yesterday session, the EURUSD initially rallied with a wide range but found enough selling pressure near 1.2320 to erase most of its gains and closed near the low of the day, in addition managed to close below Tuesdays’ low, which suggests a strong bearish 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: a daily resistance at 1.2432, other daily resistance at 1.2287, the 10-day moving average at 1.2120 (support), a daily support at 1.2115 and a daily support at 1.2041 (support).

Possible a decline after 1.2245. If this scenario is confirmed, the downtrend will continue. The general picture on D1 shows that the price was in a state of uncertainty in the middle region of the upward movement. Perhaps Building Permits today will have an impact today, as well as the Philadelphia Fed Manufacturing Index

It's time to sell EUR/USD now

Usually I sell it from 90 on the Dollar index, Lower if possible,Low risk sell around those levels

On yesterday session, the EURUSD rallied with a narrow range and closed near the high of the day, although closed within Wednesday’s range, which suggests being slightly on the bullish side of neutral.

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

The key levels to watch: a daily resistance at 1.2432, other daily resistance at 1.2287, the 10-day moving average at 1.2152 (support), a daily support at 1.2115 and a daily support at 1.2041 (support).

sell eur/usd now

Bullish on the Euro, looks like the USD is taken by the bears.

The pair starts the week with a bullish gap, but still trading within a close range between 1.22 to 1.23. Because US government shut down, we are looking at weaker and more vulnerable dollar.

On the last Friday’s session, the EURUSD initially tried to rally but found enough resistance at 1.2287 to trim all of its gains and closed near the low of the day, however the currency pair managed to close within Thursday’s range, which suggests being slightly on the bearish side of neutral.

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

The key levels to watch: a daily resistance at 1.2432, other daily resistance at 1.2287, the 10-day moving average at 1.2209 (support), a daily support at 1.2115 and a daily support at 1.2041 (support).

snapdragon1970 posted:
Usually I sell it from 90 on the Dollar index, Lower if possible,Low risk sell around those levels

we hit the system level at 1,2300

this level system show us at 2017.02 ..

no we must go back down ...

The life cycle of the triangular correction comes to an end, the amplitude of the oscillations becomes lower. The breaking of the correction can be sufficiently volatile. At the moment I see the support at 1.2163 and the resistance at 1.2323. These levels can be the target points when the triangle breaks through.

On yesterday session, the EURUSD initially fell with a narrow range but found enough support at 10-day moving average to trim most of its losses and closed near the high of the day, however closed within Friday’s range, which suggests being slightly on the bullish side of neutral.

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

The key levels to watch: a daily resistance at 1.2432, other daily resistance at 1.2287, the 10-day moving average at 1.2229 (support), a daily support at 1.2115 and a daily support at 1.2041 (support).

The trend seems exhausted, id expect some pullback this week.