EUR/USD

Italy getting a bashing ,s&p rating ahead,more downside risk but 1.13600 seems to be holding for now.

EUR/USD: If the pair manages to break the strong 1.1400 support, the next target will be 1.1360, followed by 1.1300. On the flip side, the next resistance is 1.1495, followed by 1.1600.

snapdragon1970 posted:
hope you guys are short Dollar the way things are going with Stocks.

EU just broke down-channel! Nice call!

1.13 would be a good bearish test. If withstood, we can see a push to the upside with potential target at 1.16.

On the last Friday’s session, the EURUSD initially fell but found enough buying pressure near 1.1335 to reverse and closed near the high of the day, however, managed to close within Thursday’s range, which suggests being slightly on the bullish side of neutral.

The currency pair is trading below the 10, 50 and the 200-day moving averages, all should provide a dynamic resistance.

The key levels to watch: daily resistance at 1.1829, 61.8 Fibonacci expansion at 1.1795 (resistance), daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1573 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1437 (resistance) and a daily resistance at 1.1459 and a 2018 low at 1.1300 (support).

EUR/USD: Doble top, or double bottom (on M5)? The pair is indessisive right now, between 1.1393 and 1.1415.

I will be waiting for a re test of Fridays low around 1340 ish for Longs, not much news today apart from Merkel, gold lower and stocks expected to open higher usually means stronger dollar.

euro is just mindlessly wandering at the moment, someone give it a kick

Might be able to scalp 10-15 pips off 1375, wont be holding my breath tho, with a tight stop.

The sideways consolidation continues and it will likely reach 1.1420 again, but there likely won't be a breakout above that level.

The EURUSD consolidates around the 1.1400 level and forms what it appears to be a pennant formation on the daily chart. From the current consolidation the pair may head in any direction, but since the trend is bearish coming into the formation, there is a higher probability of seeing a bearish continuation. To the downside, the 1.1300 level may act as support.

On yesterday session, the EURUSD fell with a narrow range and closed near the low of the day, however, closed within Friday’s range, which suggests being slightly on the bearish side of neutral.

The currency pair is trading below the 10, 50 and the 200-day moving averages, all should provide a dynamic resistance.

The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1569 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1427 (resistance) and a daily resistance at 1.1459, a 2018 low at 1.1300 (support) and 100 Fibonacci expansion at 1.1232 (Support).

Euro falling now. There is some support at 1.1330 but the big one is at 1.1300. I'm short now but will likely close my positions as we reach the big support level. There may be a bounce but with so much downward momentum I expect that there will be a break later in the week

Well, looking bigger, we are going to 1,1200.

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

The currency pair is trading below the 10, 50 and the 200-day moving averages, all should provide a dynamic resistance.

The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1563 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1408 (resistance) and a daily resistance at 1.1459, a 2018 low at 1.1300 (support) and 100 Fibonacci expansion at 1.1232 (Support).

End of month trading could see a bullish move followed by a deeper sell off.

EURUSD getting every closer to 1.1300. Move down has lost some momentum so as soon as we get a touch of 1.1300 I am going long with a 50 pip SL.

On yesterday session, the EURUSD fell for the 3rd time wide a with a narrow range 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 below the 10, 50 and the 200-day moving averages, all should provide a dynamic resistance.

The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1558 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1392 (resistance), a daily resistance at 1.1459, a 2018 low at 1.1300 (support) and 100 Fibonacci expansion at 1.1232 (Support).

EUR Bounce back in today's session from 1.1300 (2018 low) strong support to get stopped at 1.1422 Resistance represented by the 38.2% FIB right between monthly pivot 1.14127 and weekly pivot of 1.14284 on the 4 Hour chart.

Short term, expecting a move back in the 1.1375 areas or 23.6% fib before getting momentum and break through 1.1422 Resistance aiming for 1.1459 and 1.1550

Major Fundamentals tomorrow Morning Nov 2nd:
EUR
- Market Manufacturing PMI for Italy, France, Germany & Spain

USA
- Non Farm Payroll

Let's see how it goes down tomorrow morning which will determine where the pairs heading. Stay Sharp!!