EUR/USD

We should see 1.05 before we see 1.15 again. I expect see see parity yet this year as well. Good Trading to all.

EUR/USD fell down today to 1.0869 and it is heading down to the 1.0700 level as the USD gain some weight agains the majors.

EUR/USD finally broke below the support at 1.0950 and is headed for target 1.0800, but I think that the pair will likely continue descending lower than that, possibly reaching 1.0600, where there is another considerable level of support.

A good start for the week after the US market opens. The EUR/USD droped 100 pips and the way is still open for another 25 pips. until the first support then 1.0810.

As long as the price stay below the 1.0910 level, Eur/Usd is heading downside to the 1.0800 level.

The EURUSD keeps breaking supports, its next support level could be the 1.0800.

The pair recorded another day of decline during yesterday's session after trading in a relatively narrow range. The daily limit values were reached respectively at 1.1009 and 1.0959. Overall the EUR depreciated by 25 pips to a closing price of 1.0977. Perspectives remains negative, which probably will lead the pair to 1.0810.

EURUSD fell on yesterday session after breaking below the 50-day moving average and went straight to a Fibonacci retracement (61.8) at 1.0853 and closed near the low of the day. The currency changed phase from recovery to bearish and we might see some consolidation at these levels, although a break below the 1.0853 could trigger another push downward, this time to a daily support at 1.0622.

EUR/USD tried to break below the support level at 1.0800 today unsuccessfully but we still have the Gross Domestic Product Annualized in the United States of America this friday.

EUR/USD did almost reach 1.0800 before it bounced off the support at 1.0820. It's currently testing the resistance at 1.0900 and if it breaks above that level it might reach 1.0930.

EUR/USD dropped to test the support level 1.0810 and rebounded quickly I keep a short under 1.0810 but I doubt it will open.

EUR / USD continued its decline on Tuesday and managed to reach the territory of our support 1.0865.
 The prospects for the short term, remain negative.
Short-term oscillators, give an alert for a possible corrective move that may exist before the continuation of the downward movement.

As Greece works draft deal triggered Eur/Usd's strong comeback up above 1.0900 level, next resistance can be found at 1.0930, on the downside we have psychological level of 1.0800.

I'm still thinking we are going to be seeing 1.05 before we see 1.15 again. My current trade is a sell. I believe selling at any point above 1.09 is a good trade with TP at 1.0825 for short term. Longer term, 1.05 of course or at least a little above it.

The downward trend is still in the process of development, reconstruction after the recent test above 1.0850 at this stage is corrective. Critical zone remains 1.0960 and immediate support is 1.0784.

The EURUSD initially fell on yesterday session but found enough buying pressure just below the Fibonacci retracement (61.8) at 1.0853 to turn around and close in the green near the open of the day. Also the Scholastic is an oversold market so we may expect a pause in the downward trend and a retest of the 50-day moving average at 1.0986.

The pair broke the three-day series of losses on Wednesday after the euro rose by almost 30 pips to a closing price of 1.0903. The session was not lack of volatility and extreme values were recorded respectively at 1.0928 and 1.0819. The outlook in the short term remains negative, the levels of yesterday’s bottom appear to be immediate target.

There's more down-pressure for the EURUSD.

There's more down-pressure for the EURUSD.