EUR/USD

The pair formed a spinning top and a doji candlestick on the daily time frame above the support at 1.0820 and bounced off that level. I think it's climbing towards 1.1000 again, but nothing is certain before the fundamentals tomorrow.

EUR/USD has rebounded back to over 1.0900 and now the next level will be test the resistance 1.100 maybe by the help of tomorrow's NFP this level can be broken.

Nice hunting today, the EUR/USD moving up to the resistance level at the 1.1001.

On the upside, immediate resistance level can be found at yesterday's high, break above would lead to next target 1.1000 level.

Yesterday the EURUSD initially rallied with a wide range and closed near the high of the day, in addition managed to close above the previous day high, suggesting a strong bullish momentum.

The pair is trading below the 10, 50 and the 200-day moving averages that are acting as dynamic resistances.

We may expect high volatility today due to the US nonfarm and unemployment data.

The key levels to watch are: A daily resistance at 1.1097, the 200-day moving average at 1.1019 (resistance), 50-day moving average at 1.0992 (resistance), the 10-day moving average at 1.0941 (resistance), a daily support at 1.0900 and other daily support at 1.0819.

The pair upward movement seems to continue and it's moving towards to test the psychological level at 1.1000 ahead of NPF data release.

EUR/USD reached an intraday high the erased the NFP-driven losses.

csc2009 posted:
The pair upward movement seems to continue and it's moving towards to test the psychological level at 1.1000 ahead of NPF data release.

It broke above 1.1000 but now it's back at that level. That said, I think that next week it will continue climbing a little higher than that, likely towards 1.1080.

1.1000 seems to be a good support for the EUR/USD today, let us see if the pair will hold on over it.

it is weird that price broke 1.100 even with positive NFP the USD dropped against the EUR.

It's not so weird. Work hours (likely fueled by the minimum wage hike, many buisnesses report reduced hours because of this) and saleries dropped (rather unexpected). January revise was not up as expected.

The EUR/USD is trading higher due to the latest NFP's. The pair reached 1.1043 and hit right at the 200SMA. Price retraced and is now trading around the 1.10 level. Key resistance remains the 200SMA at 1.1050 while first support is 1.0975.

The euro broke a five-day losing streak against the US dollar and rose on Friday despite good data on US inflation.
The currency pair EUR/USD ended the week at 1.1129, raising on Friday with 0.22 percent, and since the beginning of the year the euro has risen nearly 2.5 percent against the green money. Data from the day showed that consumer confidence in the Eurozone declined for the past month.

On the last Friday’s session the EURUSD initially fell but found enough buying pressure at 1.0900 daily support to reverse and close near the high of the day, in addition managed to close above the previous day high, suggesting a strong bullish momentum.

The pair is trading above the 10, 50-day moving averages that are acting now as dynamic support however the pair did not had the strength to close above the 200 day moving average.

The key levels to watch are: A daily resistance at 1.1236, other daily resistance at 1.1097, the 200-day moving average at 1.1019 (resistance), 50-day moving average at 1.0993 (support), the 10-day moving average at 1.0947 (support) and a daily support at 1.0900.

Support: 1.0892; 1.0822;
Resistance: 1.1066; 1.1119.

The dollar fell against most major currencies despite strong employment data in non-agricultural sectors of the US. February new jobs are 242 000. The preliminary estimates of economists was for 198 000. The unemployment rate remain unchanged at 4.9%.

The EUR/USD is in it's way to the next resistance at 1.1033 today, so stay tune gents.

1.10375 (for 5 digit brokers)

Brainard and Fischer might cause some movement. Euro last couple of hours are a bit of a risk off.