EUR/USD

The EUR/USD is trading steadily in today's session as market participants anticipate the big decision on Wednesday. Low volatility can be expected in the couple of days before FED decides whether they are raising the interest rate this month. CMP 1.1180.

EUR/USD bounced off 1.1210 after its move to the upside yesterday and currently it is back to testing the support at 1.1180 - 1.1170, I doubt we will see any major changes before the fundamentals tomorrow.

I'm expecting a decline towards 1,1150, after that let's act according to situation. Break through 1,1150 will open a way towards 1,11

The EUR/USD pair was trading for shortly above the 1.1200 mark during the Europe session, but sloped donward in the afternoon and closed around 1.1160. Having in mind the upcoming Fed meeting tomorrow, the pair might meet 1.0505-1.1060 level or go to 1.1610 – 1.1280 area. This midway situation probably will be solved tomorrow.

After rejected from 1.120 level, the pair is consolidating around 1.1150 level ahead of two key central bank meetings. Downside risks remain.

EUR/USD marked a decline on Tuesday session and wiped out the gains from the previous session. The euro depreciated by 20 pips against the dollar to 1.1150 after trading within 1.1213 and 1.1149. Bears remain in a leading position with a likely target 1.1105.

EUR/USD is trading to the downside on rumors that the FED is setting the stage for December rate hike. The pair is now 1.1133 and market participants are anticipating the FOMC meeting scheduled for 2PM Eastern today.

Market don't expect anything from the Fed, short USD :)

Yesterday the EURUSD tried to rally but found enough resistance to give back all its gains to the market and closed near the low of the day, although managed to close within the previous day range, which suggests being slightly on the bullish side of neutral.

The pair continues to trade below all three moving averages 10, 50 and the 200-day that should act as dynamic resistances.

The key levels to watch are: a 61.8% Fibonacci retracement at 1.1347 (resistance), a daily resistance at 1.1237, the 200-day moving average at 1.1199 (resistance), and a daily support at 1.1097.

Warning: Later today we have the Fed’s interest rate decision and monetary policy statement so expect high volatility in the currency pair.

The long awaited BoJ and Fed's meetings turned to be huge disappointment for the US dollar, as both bankers announced the will keep the interest rates unchanged. Following this the US dollar weakened and the EUR/USD pair dragged to 1.1184. The situation now is neutral to bearish.

Yesterday the EURUSD initially fell but found enough buying pressure to reverse and closed near the high of the day, although managed to close within the previous day range, which suggests being slightly on the bullish side of neutral.

The pair closed below all three moving averages 10, 50 and the 200-day that are acting as dynamic resistances.

The key levels to watch are: a 61.8% Fibonacci retracement at 1.1347 (resistance), a daily resistance at 1.1237, the 200-day moving average at 1.1200 (resistance), and a daily support at 1.1097.

EUR/USD is slightly up since yesterday's FOMC meeting when it became clear that the Fed is not raising rates this month. Market participants were not surprised by the decision so the market environment did not change much. CMP: 1.1234.

EUR/USD broke above 1.1200 and is currently testing 1.1245. A breakout above that level will likely lead to a further move to the upside towards 1.1300 again.

Strong jobless data. Unemployment and participation data for the US next month will be interesting. If we see improvement, even a November hike could be on the table as Yellen said it is a live meeting with eyes on continued job improvements.

Yesterday the EURUSD initially rallied but found enough selling pressure at 1.1237 to give back to the market most of its gains but closed in the green however near the low of the day, in addition managed to close above the previous day high, which suggests a weak bullish momentum.

The pair closed above all three moving averages 10, 50 and the 200-day that are acting as dynamic resistances.

The key levels to watch are: a 61.8% Fibonacci retracement at 1.1347 (resistance), a daily resistance at 1.1237, the 200-day moving average at 1.1201 (support), and a daily support at 1.1097.

EUR/USD is trading met resistance in the face of 1.1250 and then pulled back to lower levels. The pair is now 1.1212 and bulls need to try once more if they want to get to next target at 1.1310. On the other hand, bears need to stay in the descending channel if they want to continue being in the driver's seat.

EUR/USD bounced off 1.1200 again after forming an inverted hammer candlestick above that support on the four-hour time-frame. Next target is likely the previous high at 1.1260.

Eur/Usd remains in a tight range for the forth week, with less volatility, the pair might well kept in the limited range for now. Next immediate resistance level can be found at 1.1245 zone and follow by 1.1290/1.130.

EUR/USD is trading slightly lower today opening at 1.1241 and currently trading at 1.1229. The pair might attempt to visit the resistance level at 1.13 and if that happens bears will probably make a move to depreciate price to lower levels. If not, bulls need to go above 1.1340 to confirm a breakout from the descending trend channel.