EUR/USD

EUR/USD attempted to rise last week, topped at 1.1386 but closed lower at 1.1253. Trading signals remain neutral for now. On hourly chart this morning we had a double top formation, which suggests potential bearish scenario especially if price could make a clear break below 1.1180 to test 1.1100 - 1.1050. From a long term perspective and more likely scenario is bearish zone and 1.1380 - 1.1465 as a good place for sales with tight stop loss above 1.1465.

EUR/USD keep bouncing back to the opening price.

Today EUR/USD bounced off the support at 1.1190 and is likely headed for 1.1400 to test the resistance again.

EUR/USD rose today to 1.1294 and seems to be the next level to be tested is the 1.1300 resistance level.

victoriajensen posted:
 Today EUR/USD bounced off the support at 1.1190 and is likely headed for 1.1400 to test the resistance again.

Eur/Usd consolidating above 1.1250 and next immediate resistance level can be found at 1.1290.

so finally euro made it... 1.114 holds.. means above 1.13 or another attempt of 1.137/8

Yesterday the EURUSD initially fell after fears of a potential Greece failure to reach a deal with its creditors in time, but the currency hold its ground at 1.1185 Fibonacci retracement and reversed closing in the green near the high of the day. The pair is still in a choppy consolidation due to fundamental uncertainties but may test again the 1.1391.

I belive eur/usd is not really trending las time

EUR/USD consolidation continues for yet another day and it's unlikely that will end before the FOMC rate decision tomorrow.

The EURUSD stays below the 1.1300 level, but it has not been able to break below the 1.1200.

ZEW is a monthly economic survey. The ZEW Economic Sentiment is an almalgamation of the sentiments of approximately 350 economists and analysts regarding the economic future of Germany for the next six months. The survey shows the balance between those analysts who are optimistic about Germany's economic future and those who are not.
The report on the German ZEW for June came out lower (31.5) than expected (37.1) and also lower than is the previous value (41.9).

EUR/USD today tested the the resistance level 1.1330 and the support 1.1200 and still there was no break price keep swinging between support and resistance. The RSI is badly directed and as long as the price is under 1.1330 the way is open for more drop.

EUR/USD tested the 1.1300 resistance level today but fell to the support level at the 1.1200, and i think that we will see the same scenario this week.

Immediate support level is at 1.1200, if break below it, 1.1160 zone could be next target.

The unsuccessful attempt of the pair to break the resistance at 1.1330 interrupted the upward movement and direct it towards new test of support at 1.1150.

On yesterday session the EURUSD tried to rally but was short lived as selling pressure started to increase at 1.1329 forcing prices back down and closed in the red at the middle of the daily range. The currency is in a tight choppy consolidation waiting for the Greek deal resolution one way or another.

Price is consolidating, expect a break out soon.

arigoldman posted:
Price is consolidating, expect a break out soon.

Market is waiting for FOMC statement, Eur/Usd sideline trading around 1.1260 level.

EUR/USD tested the support at 1.1220 again but bounced off of it. I doubt it will be able to break below that level before the FOMC announcement.