EUR/USD

Last month EURUSD fell more than 4.0% and is in a bearish phase, trading below the 10-day moving average. The pair initially fell during yesterday session but found enough support at a Tuesday’s low to turn around and closed near the open of the day, creating an inside day pattern. Stochastic is showing bearish momentum but is still above the 50 level.

Same pattern on Weekly chart:

The EUR / USD was trading in consolidation mode yesterday, remaining between the line support of 1.0700 and 1.0800 resistance barrier of

The EURUSD has already tested the 1.0900 level a couple of times, the more times it stays or visits the 1.0900, the higher the probabilities of a breakout.

More than 130 pip rose the EUR/USD but the 1.0900 level still strong resistance for the pair. I think that it won't get higher this week.

The EUR/USD is waiting for the NFP tomorrow. better to close all open positions until then

1.0900 level still holds for now acting as a strong resistance, on the other hand immediate supports could be found at 1.0800.

We had low volume plus profit collection yesterday, bearish resistance was revisited and 1.0900 level seems still strong for now.

EURUSD rose on yesterday session closing well in the green near the high of the day and above the 10-day moving average. Today we will have low liquidity due to Good Friday bank holiday in Europe and Oceania however in the US the nonfarm payrolls and the unemployment rate are due today late morning. The bank expects expect the unemployment rate to remain unchanged at 5.5% and the nonfarm payroll job growth of 220K in March, which is below the consensus forecast of 245K.

EUR / USD rose on Thursday, breaking above the 1.0800 resistance line.
However the overall trend is negative.
The EUR / USD is proving lower minimum and maximum below both moving averages 50 and 200 days.

CrazyTrader posted:
If this pattern is valid... then EURSUD will go up.

What a bench of short guys... 64%

Anyone who was long.... GG.

USDCAD trade near target... so EURUSD went up : )

The Eur/Usd managed to regain levels above 1.1000 after US payrolls report was showing disappointing data.

I think now that the pair has broken above 1.1000 it is headed for 1.1050, and if it breaks above that resistance it might reach 1.1200.

The EUR/USD tested the 1.1000 and returned back to move under that level today. what a strong resistance level. Let us see how the pair will manage to break about it next week.

The EUR/USD failed to break the resistance line 1.1000 the price didn't get the required push from the US data to break the psychological resistance and rebounded back to close under it. definitely Monday if the rebound continue I am going short.

Short is the way to go for me. Average hourly earnings was good and this was what yellen was looking for. The Headline miss is normal for this time of the year, check the past ...

We probably will see a sharp reversal on Monday.

Greek is back next week:
April 8- Greek Government to auction €875 million in 178-Day Treasury Bills
April 9 - Greece is to pay €460m to the IMF under terms of first bailout agreement.

sell under 1.1000
buy if over 1.1000