EUR/USD

Key levels to watch for:
Support: 1.0550; 1,0370;
Resistance: 1.0815; 1.0980;

At the moment EURUSD is gaining 0.34% at 1.0747 facing the next hurdle at 1.0777 (high Apr.20) followed by 1.0841 (200-day sma) and finally 1.0905 (high Mar.27). On the flip side, a breach of 1.0686 (20-day sma) would target 1.0659 (55-day sma) en route to 1.0635 (low Apr.18)

EUR/USD continues moving to the upside and it is about to test the resistance at 1.0780 again. The question is whether it will break out above that level and continue rising towards 1.0830 - 1.0850 or form a double top and bounce off from that resistance.

EUR/USD experienced difficult time to resume to bullish mode. The pair moved higher today and marked daily high at 1.0778, but later on retreated to currently trade at 1.07230. Strong resistance is the psychologycal level at 1.0800. To the downside, fist support is seen at 1.0710 and lower at 1.0640.

On yesterday session, the EURUSD initially rallied with a wide range but found enough selling pressure near the 200-day moving average to give back most of its gains to the market and close near the low of the day, however the currency pair closed within Wednesdays 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 although is still trading below the 200-day moving average that should act as dynamic resistance.

The key levels to watch are: the 200-day moving average at 1.0785 (resistance), a Fibonacci level at 1.07132 (support), the 50-day moving average at 1.0661 (support), the 10-day moving average at 1.0650 (support) and a daily support at 1.0622.

EUR/USD formed a double top at 1.0780 on the one-hour time-frame and bounced off from that level. What is more, the pair has also formed a great shooting star candlestick on the daily time-frame. The closest target is 1.0670, but it will likely continue falling below that level.

Slow market. I'm expecting price of EUR/USD to be trading in a small range in next few days.

The euro rose against the US dollar on Friday. By the close of US trading, EUR/USD was trading at 1.0726, gaining 0.08%. I believe that support is now at around 1.0600, Monday's low, and resistance is likely at 1.0780, Thursday's high.

EUR/USD pushed slightly higher today and posted second weekly gain. To the upside the pair is facing strong resistance at 1.0800, while first support it seen at 1.0675 and lower at 1.0630.

The euro closed the week higher against the US dollar, but from a fundamental viewpoint Monday opening will be highly dependant on the results of the French Presidential election.

EUR/USD appears to be hesitating around the 1.06 level. Interesting to see how the week develops. I'm expecting a move up.

my EUR/USD prediction on April 23, 2017.

A huge gap up, Eur/Usd has skyrocketed above 1.09 level, even though it has dropped back to 1.087, but the gap still intact, focus stay on second round French election.

On the last Friday’s session the EURUSD initially fell with a narrow range but found enough support near the 10-day moving average to reverse and managed to close near the high of the day, however the currency pair closed within Thursday’s range, which suggests a being slightly on the bullish side of neutral.

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

The key levels to watch are: daily resistance 1.0900, other daily resistance at 1.0819, the 200-day moving average at 1.0782 (resistance), a Fibonacci level at 1.07132 (support), the 10-day moving average at 1.0663 (support) and the 50-day moving average at 1.0665 (support).

idimitrov posted:
The euro rose against the US dollar on Friday. By the close of US trading, EUR/USD was trading at 1.0726, gaining 0.08%. I believe that support is now at around 1.0600, Monday's low, and resistance is likely at 1.0780, Thursday's high.

Exactly, thanks for the info

Possible up to 1.10-1.12😳

After EUR/USD retraced back to 1.0820, only partially recovering the bullish gap, it formed a hanging man candlestick and a doji candlestick on the four-hour time-frame at 1.0880, so a further move to the downside is possible.

I hate to spoil all your fun. I still think EUR/USD will drop down to 1.04 area.

Eur/USD has hit a higher high on each top over this last few months, on the longer time frames the trend still looks bullish, unless we get some major event 1.04 is a long way off.