EUR/USD

EUR/USD is trading relatively unchanged today. The pair consolidated around 1.07 and currently trading at 1.0690. The weekly closing price is expected to be around current levels as no more news are anticipated.

We have a push off 06750,I decided to take a long position ,its getting some resistance at 0700, I took this trade with 1% risk of loss ,entry was at 06819.

My target still valid to 1.09 minimum. #eurusd

Soon the election in France and Germany, now he is talking about Frexit😕

The EURUSD had a bearish momentum last week bottomed at 1.0651 after formed a “shooting star” formation on daily chart following a false break above 1.0873 key resistance. The bias is bearish in nearest term testing 1.0600 region. Immediate resistance is seen around 1.0700. A clear break above that area could lead price to neutral zone in nearest term testing 1.0750 but price is still in a valid short-term bearish trend and as long as stay below 1.0750 any upside pullback should be seen as a good opportunity to sell. On the downside, a clear break and daily close below 1.0600 would expose 1.0500 region.

EUR/USD is trading lower today, current market price 1.0647. The pair seems to be losing ground. If bears manage to push it below prior pivot point at CMP, immediate support will fail and next level would be 1.0580.

long to 1.0720

The EURUSD had a bearish momentum last week bottomed at 1.0651 after formed a “shooting star” formation on daily chart following a false break above 1.0873 key resistance. The bias is bearish in nearest term testing 1.0600 region. Immediate resistance is seen around 1.0700. A clear break above that area could lead price to neutral zone in nearest term testing 1.0750 but price is still in a valid short-term bearish trend and as long as stay below 1.0750 any upside pullback should be seen as a good opportunity to sell. On the downside, a clear break and daily close below 1.0600 would expose 1.0500 region

At the moment EUR/USD is losing 0.14% at 1.0655 facing the immediate support at 1.0641 (low Apr.3) followed by 1.0624 (100-day sma) and finally 1.0597 (low Mar.14). On the flip side, a breakout of 1.0683 (high Apr.3) would target 1.0705 (high Mar.31) en route to 1.0716 (20-day sma).

Currently, EUR/USD is trading at 1.0652, down -0.17%, having posted a daily high at 1.0675 and low at 1.0651.
It is recommended to buy.
Avg Buy Price is 1.0670.

EUR/USD had some bad days recently as price went down with more than 250 points in the last couple of weeks. The pair went from 1.09 to a low of 1.0635 in a matter of a few days due to strong data coming out of the US. Also, technicals played a significant role as the pair circulated around the 200SMA. Bulls were unsuccessful in their attempt to go beyond it and bears took over.

The pair hit the prior pivot point at it's lowest today and was immediately backed up by the bulls who took the chance to go long and buy the dip. Price is now 1.0655 and has a good chance to continue up for the short term.

However, if bears break the support at 1.0630, the pair will most likely be vulnerable and this will increase the chances for it to go South.

EUR/USD continues to trade sideways with price gravitating towards 1.0670. This week's events will probably give a direction to the pair.

EUR/USD - range between 1.0629 and 1.0690 and most likely will stay until tomorrow's NFP. Nevertheless, both frontiers could be used for short term trades :).

EUR/USD pair traded choppy in Asia, however, remained confined within the familiar 60-pips trading range seen so far this week, with the upside capped near 1.07 handle and downside cushioned around 1.0630 regions.

Currently, EUR/USD is trading at 1.0650, down +0.06%, having posted a daily high at 1.0660 and low at 1.0638.

It is recommended to buy.

AVG SELL PRICE:
1.0734

AVG BUY PRICE:
1.0666

To know more about stop loss and target price visit https://www.mmfsolutions.sg

EUR/USD is trading lower today. The pair seems to be losing ground on a stronger US dollar. CMP 1.0617.

I expect a move up in the pair. Hopefully to 1.07 and above.

EUR/USD might continue to drop in price to retest this low 1.03423

EUR/USD is trading at support in the early European hours of today's session. The pair is currently trading at 1.0583 with a low of 1.0570. Bulls are now trying to bring it up backed by strong fundamentals and strong short-term technicals.

What gives bulls confidence is the lower than expected non-farm payrolls - 98,000, well below expectations of 180,000. The US dollar, however, did not react negatively at all and it kept appreciating against the single European currency.

The pair is looking to appreciate if current level holds. If the US dollar goes below 1.0550, then the bullish run would be considered invalid. Bulls have the upper hand in the situation and are looking to potential first target at 1.0690.

EUR/USD keeps on gravitating towards the 1.06 level. The pair broke 1.06 and reached a high of 1.0606 a few hours ago. Current market price 1.0591.