EUR/USD

The positive economic data in the Eurozone lifted the EUR/USD today too and i see that it will moves up this week.

EUR/USD is testing again 1.1291 I don't think we will see a start of a trend before this weekly fundamentals.

sherifFares posted:
EUR/USD is testing again 1.1291 I don't think we will see a start of a trend before this weekly fundamentals.

 I too highly doubt that will happen but the pair might still break above that resistance and reach 1.1400.

CrazyTrader posted:

takechance posted:
Just a few weeks back EUR was being considered as doomed currency and reaching parity soon. Today it has become the safe haven. Fundamental analysis......LOL

You are just unaware of massive world changes

He he...you back again baby? Learn how to read sarcasm. From which country you are?

The price of Eur/Usd couldn't hold above 1.1280, on the downside the 20SMA is providing good support level.

The euro registered a second successful session against the dollar on Tuesday. The single currency justified the positive expectations, partly recovering from the losses last week. The pair recorded peak for the day at 1.1331 and tested the resistance at 1.1329. Despite the attack, the key level didn’t break through, but short-term indicators remain in favor of the euro. Tuesday session started at price of 1.1209 and bulls prevailed. The session ended at a price of 1.1313.

Yesterday the EURUSD pair rose on a wide range day and closed in the green near the high of the day, shy below the 10-day moving average. The currency did not managed to close above the 10-day moving average so until it closes above we may expect some consolidation but a breakdown of previous day low at 1.1207 could accelerate the bearish trend.

This pullback to the north is temporary. When China and global stock markets will stabilize it will fall at a faster rate.

Tomorrow is the ECB press conference and the interest rate decision The market will have a high volatility.

The EUR/USD fell today after the US Dollar pushes higher as China concerns ease, but tomorrow ECB will move the market.

Indeed, EUR/USD is back to testing the support at 1.1240 but I doubt anything will come of it before the ECB rating decision tomorrow.

it is testing 1.1210 right now. Pull back to 1.1240 and right PA I might get in. But I am afraid I am too late.

If e/u is indeed going down the most logical support below is 1.1160-1.11110

The euro depreciated against the dollar on Wednesday. Upward momentum was interrupted, and the break of resistance at 1.1329 was postponed. If negative move continues in the future, the couple will most likely overcome the support at 1.1105 and will test the level of 1.1016. The session started at a price of 1.1312 as the bear trend prevailed throughout. Bottom of the day was hit at 1.1216 shortly before the end of trading. The session closed at a rate of 1.1225.

EURUSD is dooown to 1.11800 (32.8 fibo, H1) 😇
What do you mean?

may be but should wait today data

Yesterday the EURUSD pair fell on a narrow range day, creating an inside day and closed well in the red near the low of the day. The currency failed once again to close above the 10-day moving average but all eyes now turn to the ECB Interest rate decision and monetary policy statement and press conference that should stay unchanged.

ECB kept the interest rate as it is and increased the issue share limit from 25% to 33%, EUR USD reacted to the move of the ECB and fell to reach 1.090 which is a strong support line and rebounded from there. still tomorrow there is the NFP.

Abdul2012 posted:
The EUR/USD fell today after the US Dollar pushes higher as China concerns ease, but tomorrow ECB will move the market.

The EUR/USD dropped more than 120 pip in an hour today, and that is what i was talking about, happy hunting day.