EUR/USD

EUR/USD
Interesting levels to watch for:
Support: 1.2295; 1.2250; 1.2153;
Resistance: 1.2348; 1.2393; 1.2490

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

The currency pair is trading above the 10, the 50 and 200-day moving averages that should provide dynamic support.

The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (support), a daily support at 1.2287, the 10-day moving average at 1.2313 (support), the 50-day moving average at 1.2308 (support), a key level at 1.2165 (support).

On yesterday session, the EURUSD went back and forward without any clear direction, and closed in the middle of the daily range, in addition managed to close within Tuesdays’ range, which suggests being clearly neutral, neither side is showing control as traders wait for ECB signal that QE is less needed.

The currency pair is trading above the 10, the 50 and 200-day moving averages that should provide dynamic support.

The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (support), a daily support at 1.2287, the 10-day moving average at 1.2324 (support), the 50-day moving average at 1.2318 (support), a key level at 1.2165 (support).

On yesterday session, the EURUSD initially rose but found enough resistance at 1.2432 to trim all its gains and closed near the low of the day with a wide range, in addition managed to close below Wednesday’s low, which suggests a strong bearish momentum.

The currency pair closed below the 10 and the 50-day moving averages that should act as dynamic resistances, however is still trading above the 200-day moving average that should provide dynamic support.

The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (resistance), the 50-day moving average at 1.2323 (resistance), the 10-day moving average at 1.2314 (resistance), a daily support at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).

The Euro lost some gains since yesterday. I think the USD will continue to dominate.

For scalpers i will advise buy at dips , Current price 1.23 00 is good for buy , Buy at any Dip is better for EU

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

The currency pair is trading below the 10 and the 50-day moving averages that should act as dynamic resistances however is still trading above the 200-day moving average that should provide dynamic support.

The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (resistance), the 10-day moving average at 1.2336 (resistance), the 50-day moving average at 1.2331 (resistance), a daily support at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).

its under pressure , we have to wait till Wednesday, after this correction cluster be informed.

1.22840 possible target for stops although we have a higher high on the 30 min chart ,from technical look doubt it will get to that level.

The euro marked a neutral session against the dollar on Friday. The single currency remained at the lower levels it reached the day before, but short-term expectations are still in its favor. If they are justified, the resistance at 1.2446 will be tested. Trading began Friday at 1.2310 and the final was 4 pips down. At first the bearish moods prevailed and so the pair hit the bottom at 1.2272.

EUR/USD
Levels to watch for:
Support: 1.2257; 1.2165;
Resistance: 1.2446; 1.2556;

On yesterday session, the EURUSD initially fell but found enough support at 1.2287 to trim all of its losses and closed near the high of the day, in addition managed to close within Friday’s range, which suggests being slightly on the bullish side of neutral.

The currency pair is trading below the 10 and the 50-day moving averages that should act as dynamic resistances however is still trading above the 200-day moving average that should provide dynamic support.

The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (resistance), the 10-day moving average at 1.2341 (resistance), the 50-day moving average at 1.2333 (resistance), a daily support at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).

The euro / dollar did not make a substantial move yesterday. Trade signals remain neutral. From a time chart perspective, the price moves in an ascending wedge, which can cause further bear correction after the formation of the double peak at 1.2445. Support for the day is the bottom line of the wedge, located around 1.2300. A clear breakthrough underneath it can confirm the bullish scenario for testing 1.2270 - 1.2250, but key support remains 1.2175. Short-term resistance is 1.2360, whose breakthrough will cancel the bearish scenario of the upward wedge with testing at 1.2400 - 1.2445. Basically, I stay in the bulls camp, but the longer the pair is kept below 1.2537, the price is still in the downward correction / consolidation phase.

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

The currency pair is trading above the 10, the 50 and 200-day moving averages that should provide dynamic support.

The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (support), the 10-day moving average at 1.2352 (support), the 50-day moving average at 1.2337 (support), a daily support at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).

ASKET posted:

   stevewalker posted:
   this thread is about EUR/USD

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

walker

Вы тут, что все англичане?

не все)

hi all

with fixed top

On yesterday session, the EURUSD initially rose but found enough selling pressure to reverse and closed near the low of daily, however managed to close within Tuesdays’ range, which suggests being slightly on the bearish side of neutral.

The currency pair is trading above the 10, the 50 and 200-day moving averages that should provide dynamic support.

The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (support), the 10-day moving average at 1.2355 (support), the 50-day moving average at 1.2339 (support), a daily support at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).

Euro / dollar did not have a convincing move yesterday. The signals are neutral for now. The price still moves in the range of 360 pips between 1.2537 - 1.2175. On the hourly chart, however, the price moves above the EMA 200 and the trendline support line, which suggests upward signals. In addition, the pair slid over the downward channel earlier today, backing the bullish scenario. Immediate support is 1.2347 (hourly EMA 200 and yesterday's bottom). A clear breakthrough below this level will erase the bullish views from the perspective of the hourly chart with testing at 1.2300 or lower. We have a 1.2445 intraday resistance, whose breakthrough and daily closure will take the cost of retesting the critical 1.2537 resistance that has to be clearly broken down to restore the bullish trend.

On yesterday session, the EURUSD fell with a wide range and closed near the low of the day, in addition managed to close below Wednesday’s low, which suggests a strong bearish momentum.

The currency pair is trading below the 10 and the 50-day moving averages that should act as dynamic resistances however is still trading above the 200-day moving average that should provide dynamic support.

The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (resistance), the 10-day moving average at 1.2347 (resistance), the 50-day moving average at 1.2341 (resistance), a daily support at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).