EUR/USD

The euro fell against the US dollar on Friday. By the close of US trading, EUR / USD was trading at 1.1553, losing 0.59%. I believe that support is now at 1.1528, Tuesday's low, and resistance is likely at 1.1660, Thursday's high.

Upbeat NFP pushed EUR/USD down. If the pair pierce 1.1535, we should expect August lows - 1.1400, followed by 1.1300.

It has been consolidating since June, hopefully Sept will be the kicker!

On the last Friday’s session, the EURUSD dived with a wide range and close near the low of the day, in addition, managed to close below Thursday’s low, which suggests a strong bearish momentum.

The currency pair closed below the 50-day moving average, that should provide a dynamic resistance, nonetheless, it continues to trade below the 10 and the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1598 (resistance), the 50-day moving average at 1.1590 (resistance), a daily support at 1.1555, other daily support at 1.1459.

Current levels (1.1607) are perfect for opening a short position. Half of the position is opened now. Other 50% - at a level of 1.1620. Wish me luck!

The pair is consolidating sideways between 1.1500 and 1.1600, next target is likely at 1.1500 again.

On yesterday session, the EURUSD tried to fell but found enough support to rally back up and closed near the high of the day, however, closed within Friday’s range, which suggests being slightly on the bullish side of neutral.

The currency pair closed above the 50-day moving average, that should provide a dynamic support, nonetheless, it continues to trade below the 10 and the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1593 (resistance), the 50-day moving average at 1.1589 (support), a daily support at 1.1555, other daily support at 1.1459.

On yesterday session, the EURUSD went back and forward without any clear direction, however, closed in the middle of the daily range, in addition, managed to close within Mondays’ 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 a dynamic support, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1594 (support), the 50-day moving average at 1.1587 (support), a daily support at 1.1555, other daily support at 1.1459.

Eur/Usd extended its gains, immediate resistance around 1.1650 could be a challenge on the upside, break above it the pair face another target at 1.1700.

On yesterday session, the EURUSD initial fell but found enough buying pressure around the 50-day moving average to reverse and managed to close near the high of the day, however, closed within Tuesdays’ range, which suggests being slightly on the bullish side of neutral.

The currency pair is trading above the 10 and the 50-day moving averages, that should provide a dynamic support, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1599 (support), the 50-day moving average at 1.1587 (support), a daily support at 1.1555, other daily support at 1.1459.

Eur/Usd is consolidating its gains after the pair rallied to 1.1700 level. Short term the pair seems bullish, but US retail sales report tomorrow might surprise us.

Despite the strong NFP last Friday, this week the dollar was unstoppable on its way down. If EUR/USD manages to bake 1,1700, the next target is 1.1750 (daily and weekly charts).

EURUSD start bearish after 1.171

EUR/USD broke resistance, next bull target I think will be 1.1790, a double top.

On yesterday session, the EURUSD rallied with a wide range and closed near the high of the day, in addition, managed to close above Wednesday’s high, which suggests a strong bullish momentum.

The currency pair is trading above the 10 and the 50-day moving averages, that should provide a dynamic support, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1615 (support), the 50-day moving average at 1.1589 (support), a daily support at 1.1555, other daily support at 1.1459.

arigoldman posted:
EUR/USD broke resistance, next bull target I think will be 1.1790, a double top.

It looked quite bullish but it found a resistance at 1.1720 and bounced off from that level. Next target is likely at 1.1600.

so Hugo what do you think it will de after usd news today? fall or rise?

sashasala posted:
so Hugo what do you think it will de after usd news today? fall or rise?

If I knew I would be a very rich man.

On the last Friday’s session, the EURUSD Tried to rally but found enough resistance near 1.1733 to reverse and close near the low of the day, in addition, managed to close below Thursday’s low, which suggests a strong bearish momentum.

The currency pair is trading above the 10 and the 50-day moving averages, that should provide a dynamic support, nonetheless, it continues to trade below the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1613 (support), the 50-day moving average at 1.1586 (support), a daily support at 1.1555, other daily support at 1.1459.