EUR/USD

Yesterday the EURUSD initially fell but found enough buying pressure to turn around and close near the high of the day, on the other hand closed above the previous day high suggesting a strong bullish momentum.

The pair continues to close above the 10, 50 and the 200-day moving averages that are acting as dynamic support in addition the 10-day moving average crossed above the 50 and 200-day moving averages.

The key levels to watch are: The daily resistances at 1.1555, other daily resistance at 1.1460, daily support at 1.1237, other daily support at 1.1097, the 10-day moving average at 1.1097 (support) and the 200-day moving average at 1.1026 (support).

The pair is in downward correction mood ahead of Yellen's testimony, on the upside immediate resistance level can be found at today's high 1.1311.

I dont think Yellen will write off futher hikes, or admit the hike was a mistake today. She needs to get loan costs up to boost inflation. But she might hint a more careful approch.

Will go to 1.11971 and bounce back from that support and continue to trade up Bullish

EUR/USD found some support at 1.1160, but it will probably break below that level and reach 1.1100. Still, I doubt this is the end of the rally.

victoriajensen posted:
 EUR/USD found some support at 1.1160, but it will probably break below that level and reach 1.1100. Still, I doubt this is the end of the rally.

You are right on this, It is good support at the 1.1160 for the EUR/USD today, but i still looking for the 1.1300 as a target.

EUR/USD tried to rebound today but ended by forming a hammer back again on the daily chart.price still bullish.

The single currency remained with no significant change against the dollar at a closing price of 1.1290 on Wednesday. The session was carried out under high volatility, and ultimately the decrease equaled to just 1 pip. If EUR / USD meet positive attitudes next following significant target is the first resistance at 1.1363.

Eyes on the jobless claims.

Tomorrow will bring volatility.

Yesterday the EURUSD initially fell but found enough support at 1.1162 previous day low to turn around and close near the high of the day, however closed within the previous day range suggesting a weak bullish momentum.

The pair continues to close above the 10, 50 and the 200-day moving averages that are acting as dynamic support.

The key levels to watch are: The daily resistances at 1.1555, other daily resistance at 1.1460, daily support at 1.1237, other daily support at 1.1097, the 10-day moving average at 1.1147 (support) and the 200-day moving average at 1.1026 (support).

The euro traded at increased volatility due to the statement of Janet Yellen. The single currency rose against the US dollar by 0.9 percent to 1.1285. Main support level is at 1.1055.

The weak US dollar helped the EUR/USD to continue elevating today, but the resistance at 1.1363 stopped it, I see that the pair have good support at 1.1313 too.

Abdul2012 posted:
The weak US dollar helped the EUR/USD to continue elevating today, but the resistance at 1.1363 stopped it, I see that the pair have good support at 1.1313 too.

I agree, the pair formed a shooting star and a doji candlestick on the four-hour time frame, so I think we can expect some retracement soon.

EUR/USD continue climbing but in slow pace , price is facing resistance level 1.1380 which rebounded the EUR/USD multiple times through 2015. for now I prefer to be neutral.

The single currency recorded an increase against the US dollar on Thursday. The session started at 1.1290 and ended 31 pips higher. The graphics continue to develop above the moving averages, while the index of relative strength remained on neutral territory. If the upward trend continues, we can expect the first test of resistance at 1.1363.

Euro/dollar continued its momentum up yesterday, forming a peak of 1.1337. The bias remains bullish in nearest term testing 1.1400 before aim in the region of 1.1500.

Yesterday the EURUSD initially rallied but found enough selling pressure to give back some of its gains and closed at the middle of the daily range, however closed above the previous day high, suggesting a weak bullish momentum.

The pair continues to close above the 10, 50 and the 200-day moving averages that are acting as dynamic support.

The key levels to watch are: The daily resistances at 1.1555, other daily resistance at 1.1460, daily support at 1.1237, other daily support at 1.1097, the 10-day moving average at 1.1187 (support) and the 200-day moving average at 1.1026 (support).

The pair is under pressure and bouncing off towards 1.1220 handle, with low volume quite possible profit collection day.