EUR/USD

Eur/Usd start the week with flat trading around 1.119 and slowly approaching to 1.1200 level.

On the last Friday’s session the EURUSD rose with a wide range and managed to close near the high of the day, in addition the currency pair managed to close above Thursday’s range, which suggests a strong bullish momentum.

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

The key levels to watch are: a Fibonacci extension at 1.1373 (resistance), other Fibonacci extension at 1.1291 (resistance), a daily resistance at 1.1237, the 10-day moving average at 1.1176 (support), the 50-day moving average at 1.1108 (support), a daily support at 1.1097, swing high at 1.1021 (support) and a key level at 1.0970 (support).

EUR/USD moved sharply to the upside today but bounced off from 1.1220. The pair is still quite bullish and if it breaks out above 1.1220 it could reach 1.1300.

1.1080 is key support level, breaking that level, our target would be 1.0840 area

i am bearish eur/usd

This week I started to buy EUR/USD and I am waiting to reach the levels 1.1280 What do you think?

victoriajensen posted:
 EUR/USD moved sharply to the upside today but bounced off from 1.1220. The pair is still quite bullish and if it breaks out above 1.1220 it could reach 1.1300.

Its going down again. I think it will hit 1.11600

Key Considerations for today:
The EUR/USD pair rose to a high of 1.1219 in the North American session
The GBP/USD pair found buyers near 1.2710 levels in the overnight trades

On yesterday session, the EURUSD initially rose with a narrow range but found enough resistance to reverse and closed near the low of the day, although the currency pair closed within Friday’s range, which suggests being on slightly on the bearish side of neutral.

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

The key levels to watch are: a Fibonacci extension at 1.1373 (resistance), other Fibonacci extension at 1.1291 (resistance), a daily resistance at 1.1237, the 10-day moving average at 1.1172 (support), the 50-day moving average at 1.1120 (support), a daily support at 1.1097, swing high at 1.1021 (support) and a key level at 1.0970 (support).

AmeliaChong posted:
Key Considerations for today:
The EUR/USD pair rose to a high of 1.1219 in the North American session
The GBP/USD pair found buyers near 1.2710 levels in the overnight trades

EUR/USD will hit 1.2800

artelorex posted:

This week I started to buy EUR/USD and I am waiting to reach the levels 1.1280 What do you think?

I think EURUSD will definately reach 1.1280 today. Lets wait and see

Is it gonna go down or will it keep going up? EURUSD that is

SammyB posted:
Is it gonna go down or will it keep going up? EURUSD that is

Depends on largely on Yellen.

SammyB posted:

AmeliaChong posted:
Key Considerations for today:
The EUR/USD pair rose to a high of 1.1219 in the North American session
The GBP/USD pair found buyers near 1.2710 levels in the overnight trades

EUR/USD will hit 1.2800

Doubt you will see those levels until 2019.

The single currency reported a modest decline against the US dollar on Monday. The currency pair opened at 1.1197 and ended only 16 pips lower. If the euro continues the downward movement, we can expect a test of the first support at 1.1130. Otherwise, upwards, the pair will focus on the resistance at 1.1280.

Key levels to watch for:
Support: 1.1130; 1.0980; 1.0815;
Resistance: 1.1280.

1.1395 eurusd will be soon😄

On yesterday session, the EURUSD rose with a wide range and closed near the high of the day, in addition the currency pair closed above Monday’s high, which suggests a strong bullish momentum.

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

The key levels to watch are: a Fibonacci extension at 1.1373 (resistance), other Fibonacci extension at 1.1291 (resistance), a daily resistance at 1.1237, the 10-day moving average at 1.1190 (support), the 50-day moving average at 1.1129 (support), a daily support at 1.1097, swing high at 1.1021 (support) and a key level at 1.0970 (support).