EUR/USD

Key levels to watch for:
Support: 1.0800; 1.0660; 1.0550;
Resistance: 1.0950; 1.1120.

EUR/USD found some resistance at 1.0820 and after forming a hanging man candlestick on the four-hour time-frame it started mostly consolidating sideways. The move to the upside towards 1.0850 will likely continue.

Euro/dollar made a move upwards yesterday to peak at 1.0819. The bias remains bullish in nearest term for testing the region 1.0830 - 1.0873, which is a good place for a short position with tight stop loss. Immediate support is seen at 1.0760. A clear break below that area could lead price to neutral trading zone for testing 1.0700. On the upside, a clear break and daily close above 1.0873 will open the door up to 1.0950 - 1.1000.

EURUSD has struggled to extend gains through the low 1.08 area again this week. This remains a significant technical point for the market in the medium-term, with the EUR topping out above the figure in early Dec and late Jan. Short-term chart patterns are mixed, with the hourly charts showing six tests of 1.0820 over the past 24 hours and a minor topping out signal below 1.0795. The 6 hour charts also suggest a stall. Broader trends look more constructive as the EUR gains look well supported by trend strength signals on the daily and weekly charts factors we find hard to ignore generally. However, the EUR has its work cut out a rise needs to clear a 1.0840 on a sustained basis weekly close to signal a trend change...

EUR/USD was seen today hovering around 1.08 handle, but couldn’t move higher than 1.0825. The H1 chart is showing bearish indicators, while on the H4 chart they are keeping the bullish bias. This is to confirm that the pair is entering in corrective mode.

On yesterday session, the EURUSD initially rallied but found enough selling pressure at 1.0819 a daily resistance to reverse and closed near the low of the day, although managed to close within Tuesday’s range, which suggests being slightly on the bearish side of neutral.

The currency pair is trading above the 10 and the 50-day moving averages that should provide dynamic support but continues to trade below the 200-day moving average that should act as dynamic resistance.

The key levels to watch are: the 200-day moving average at 1.0849 (resistance), daily resistance at 1.0819, the 10-day moving average at 1.0726 (support), daily support at 1.0713, the 50-day moving average at 1.0658 (support), a daily support at 1.0622, other daily support at 1.0527 and other daily support at 1.0462.

The euro gave a breather to dollar. During the last day the dollar was down 14 pips from the asset of the single currency. The dollar was very hesitant and after numerous punctures of the support level at 1.0800, it managed to close the session at exchange rate of 1.0792 dollars per euro. The opening rate for the day was 1.0806. Shortly before lunch, bears took their bottom level of 1.0792. The answer to the Bulls was not too late and they recorded a high of 1.0824.

EUR/USD retreated from the highs marked this week to currently trade at 1.0780. First support is located at 1.0768 and next at 1.0717. Resistance is seen at 1.0825 and in case if breaking it, the pair might go higher towards 1.0870.

The euro edged up 0.1 percent $1.0692 after going up on Friday as high as $1.0699 – its highest since February 9. This has been predicted by the European Central Bank.

Source: https://www.itrader.com/en/marketreview/daily_13_03_2017

On yesterday session, the EURUSD went back and forward without any clear direction and closed in the red but in the middle of the daily range, in addition managed to close within Wednesday’s range, which suggests being clearly neutral, neither side is showing control.

The currency pair is trading above the 10 and the 50-day moving averages that should provide dynamic support but continues to trade below the 200-day moving average that should act as dynamic resistance.

The key levels to watch are: the 200-day moving average at 1.0847 (resistance), daily resistance at 1.0819, the 10-day moving average at 1.0736 (support), daily support at 1.0713, the 50-day moving average at 1.0659 (support), a daily support at 1.0622, other daily support at 1.0527 and other daily support at 1.0462.

There is a chance EUR/USD will go past 1.09 price

EUR/USD is about to register a week with very low trading volumes. Price is 1.0806 and it looks like it's about to keep trading in the range between 1.0800 and 1.0820.

At the moment Eur/Usd is gaining 0.14% at 1.0798 and a break above 1.0825 (high Mar.22) would target 1.0829 (2017 high Feb.2) en route to 1.0873 (high Dec.8 2016). On the downside, the next support lines up at 1.0717 (low Mar.21) ahead of 1.0704 (low Mar.16) and finally 1.0658 (20-day sma).

Here's my upcoming prediction:
The price of EUR/USD might drop down to test the Bollinger Trend PRO support line, then it will most likely head up and break out of the Bollinger Trend PRO resistance line.

stevewalker posted:
this thread is about EUR/USD

please feel free to post your forecast/comments/thoughts about that pair.

walker

I bought this Pair ⤴️ Earlier this week when it was trading around the low to mid 1.07's,. But this pair hit my targets set at the 1.08 region, so all & all it was another good week for me. I believe coming up next week will be another Bullish fully filled Grn Japanese Weekly candle to follow up this now previous weekly Bull Japanese Candlestick?!,.

-To Ne Cont?,....

The EUR/USD pair closed higher for a fourth consecutive week, slightly lower but very close to the yearly high of 1.0828 marked in February. On the daily chart RSI and stochastic are printing higher highs and lower lows and both indicators are located withing the overbought region, but keep heading north. The 20-day and 100-day SMA has crosse and currently are showing bullish slope. Strong support is seen at 1.0700 and until holding above it, the game will be played by bulls’ team.

Eur/Usd broke out of its consolidation range with a nearly 40 pips up gap, it may suggesting the likelihood of upward extension to 1.0870 zone.

On the last Friday’s session the EURUSD went back and forward without any clear direction but closed in the green, in the middle of the daily range, in addition the currency pair managed to close within Thursday’s range, which suggests being clearly neutral, neither side is showing control.

The currency pair is trading above the 10 and the 50-day moving averages that should provide dynamic support but continues to trade below the 200-day moving average that should act as dynamic resistance.

The key levels to watch are: a daily resistance at 1.0900, the 200-day moving average at 1.0846 (resistance), daily resistance at 1.0819, the 10-day moving average at 1.0751 (support), daily support at 1.0713 and the 50-day moving average at 1.0660 (support).

Trumpcare resulted in new yearly highs for EUR/USD and the pair moved above 1.0860 level. Next bulls target is seen at 1.0880.