EUR/USD

Yesterday the EURUSD rallied and close near the high of the day with a wide range, although failed to close above the 50-day moving average. Due to the wide range day observed yesterday, we may expect that the currency today makes a narrow range or even create an inside day. Key levels to watch today are: the 50-day moving average (resistance) at 1.1114, a daily resistance at 1.1097, Fibonacci levels the 38.2% (support) at 1.1058 and the 50% (support) at 1.0955.

Euro gain strength not because investors have become optimistic grating on the Greek issue, but because the perceived risk is back in High in the markets.

The euro rose to the highest level this year against the dollar as inflation in the currency exceeded analysts estimates.

EUR/USD in the daily chart is supported by the MVA 20 and the high of yesterday candle act as a resistance.

EUR/USD found strong resistance under the 1.1100 today, Let us see what is the US Fed Interest Rate Decision going to effect on the pair.

sherifFares posted:
EUR/USD in the daily chart is supported by the MVA 20 and the high of yesterday candle act as a resistance.

 Thank you so much for the information. Now, how can that information help us move forward?

Purely technical oscillations, very dangerous EUR/USD random behaviour.

The single currency registered a decrease against the US dollar yesterday, which wiped out part of the accumulated advantage on Monday. The euro depreciated by nearly 30 pips to a closing price of 1.1058. The daily limit values were recorded respectively at 1.1099 and 1.1021. Despite the retreat of the currency pair, attitudes in the short term remain positive. Keeping the support at 1.1020 will confirm the corrective character of the movement.

Yesterday the EURUSD pair moved back and forward with lack of direction closing in the red near the open of the day with a narrow range day, creating an inside day. This type of day is often used to signal indecision about the future direction of the currency as the market waits for the Fed's Monetary Policy Statement later today.

1,10303 D1 S/R zone. EUR/USD is testing it. There is demand zone too, price may bounce up to 1,10788. On break it would stop on H1 S/R zone on 1,10042

EUR/USD bounced off the resistance at 1.1100 that coincides with the (89)MA on the daily filter chart and is descending towards the support at 1.0980. That said, the FOMC rate decision later today will probably provoke quite a bit of volatility on the market so nothing is certain.

EUR/USD bearish today affected by the strong US dollar but bounce up from the 1.0980 level by the end of the day.

The Fed has upgraded their assessment for the economy which is going to be a step forward to the rate increase, USD was effected today by those data from the FOMC.

Channel movements from 1.1000 to 1.1100

1.0900 is not too far now

what will happen euro news after 40 minute

The break below 1.1020 led to a new depreciation, as the support at 1.0925 has the potential to provoke reversion to new bullish wave towards 1.1216. The expectation here is a counter-trend, for reversion and a break of the critical 1.1080.

Yesterday EURUSD fell and close near the low of the day on a wide range day as the Federal Reserve indicated that interest rates could rise in the coming months, possibly as early as September, if the labor market continues to strengthen. Key levels to watch today are: the daily resistance at 1.1097, the 50% Fibonacci level (support) at 1.0955 and the 61.8% Fibonacci level (support) at 1.0860.

EUR/USD finally broke below the support at 1.0980 visible on the daily filter chart. The pair will likely continue descending towards the previous low at 1.0800.