EUR/USD

The single currency registered a decrease against the dollar on Tuesday. The euro depreciated by almost 45 pips to a closing price of 1.1009. Before that the pair reached a one-month bottom level of 1.0916, while the peak was recorded at 1.1058. The chart continues to develop under the moving averages and relative strength index remains in negative territory, which implies bearish sentiment and a test of 1.0955.

EUR traded slightly higher after a moderate improvement in PMI's late June in the service sector France and Italy, while Germany's rate of decline.

There is an impressive inverted hammer candlestick right on top of the 1.1000 support level visible on the EUR/USD weekly filter chart. I think the pair might start climbing again, next target being 1.1120.

EUR/USD still struggling with 1.1000 as resistance level.

EUR/USD is failed to break above the 1.1090 today too and for the 2nd time this week,The pair still under strong buy in the market.

Eur/Usd is consolidating above 1.1050 level due to latest rumors about possible Greece deal (another one) this weekend, on the upside resistance level can be found 1.1100.

A very hard level 1.1100....

Yesterday the EURUSD rose and closed near the high of the day just below the 10-day moving average on a narrow range day. The currency is in a clear consolidation mode between a daily resistance at 1.1097 and a 1.0955 Fibonacci level the 50% (support). This consolidation should continue until Friday as Greece prepares for a new and decisive summit scheduled for Sunday the 12 of July.

Interesting to see where it goes from here.

No long time predictions can be done... Just jumping randomly !

EUR registered a growth against the USD yesterday, which was able to recover the lost positions during the previous day. The euro rose by nearly 65 pips to a closing price of 1.1075. The session took place in the final values 1.1091 and 1.0973. Yesterday's peak is a major challenge in an upward direction. Before its successful overcome the bears remain in the leading position.

The main focus remains on Greece and the possibility of an exit from the Eurozone as yesterday the Greek PM Alexis Tsipras addresses the European Parliament and at the same time his new Fin Min sent their request for a new program to the ESM, the European bailout fund.

The proposals are due in Brussels by midnight today. The big question remains: in order to satisfy the creditors, he’ll have to make deeper cuts than in the previous proposal?

Eur/Usd remains trading in a tight range between 1.1070 and 1.1020, unaffected by US or Greek news. Break of the range would show us a clear direction.

my prediction is IT WILL GO UP

EUR/USD surprisingly climbed more than 100 pips and again rebounds back to 1.1000 support/resistance level of 1.1000 is holding the price.

EUR/USD is consolidating but I think it will likely try to break below 1.1000 again.

EUR/USD is so weak this week and the Eurozone is in a state of alert to the fate of Greece.

Eurusd is now on bullish mode. We should stay on bullish mode if this pair stay above 1.1000 level. On the upside 1.1120 will be near term resistance for this pair.