EUR/USD

On the last Friday’s session the EURUSD initially fell but found enough support at the 200-day moving average to erase all its losses and closed near the high of the day, however it did not had enough strength to close above Thursday’s range, which suggests being slightly on the bullish side of neutral.

The pair is trading above all three moving averages 10, 50 and the 200-day that are acting as dynamic supports.

The key levels to watch are: a 61.8% Fibonacci retracement at 1.1347 (resistance), a daily resistance at 1.1237, the 200-day moving average at 1.1202 (support), and a daily support at 1.1097.

The single currency marked a modest rise against the US dollar on Friday. The session started at 1.1207 and closed only 19 pips higher. Currently the outlook remains positive with possible test of the next resistance at 1.1286.

EUR/USD is currently testing the resistance at 1.1260. A breakout above that level will likely lead to a further move to the upside towards 1.1300 - 1.1320.

Eyes on DBS news. Could be a banking crisis in Europe. Which in turn will likely result in a large EUR drop.

The single currency registered an increase against the US dollar on Monday. The pair opened at 1.1229, the intraday high was marked at 1.1278 and the low at 1.1220. Finally the euro closed at 1.1253 and if bears are strong enough , the first resistance at 1.1286 sseems to be their next target.

EUR/USD is trading lwoer after the Presidential debate hosted yesterday. The pair went from 1.1280 to a low of 1.1239 on talks about rising incomes, bringing back jobs and economy growth. Current market price 1.1244.

Yesterday the EURUSD initially rallied but found enough selling pressure at 1.1279 to give back to the market some of its gains but closed in the green however in the middle of the daily range, although managed to close above the previous day high, which suggests bullish momentum.

The pair is trading above all three moving averages 10, 50 and the 200-day that are acting as dynamic supports.

The key levels to watch are: a 61.8% Fibonacci retracement at 1.1347 (resistance), a daily support at 1.1237, the 200-day moving average at 1.1203 (support), and a daily support at 1.1097.

EUR/USD bounced off 1.1280, but the inverted hammer candlestick the pair has formed on the four-hour time-frame above the support at 1.1230 is a signal that the move to the upside will continue.

Was going to go Long position 1.1200 eur/usd ,but Im already Long Eur/Gbp.86280

Yesterday the EURUSD initially fell but found enough buying pressure at 1.1195 to trim some of its losses but still closed in the red however in the middle of the daily range, in addition managed to close below the previous day low, which suggests a bearish momentum.

The pair is trading above all three moving averages 10, 50 and the 200-day that are acting as dynamic supports.

The key levels to watch are: a 61.8% Fibonacci retracement at 1.1347 (resistance), 50% Fibonacci retracement at 1.1264, the 200-day moving average at 1.1203 (support), and a daily support at 1.1097.

The single currency recorded a decline against the US dollar on Tuesday. After a volatile session, the euro lost 40 pips at a closing price of 1.1213. If the downward trend continues, most likely the euro will test the first support located at 1.1100. Otherwise, looking to the upside, the pair will test the resistance at 1.1286.

Daghi can be interesting, especially if he hints at some way that helps the banking sector.

EUR/USD is trading in the red so far today with price making a low of 1.1182 only to quickly recover and go back above 1.12. Price is now 1.1210 and bulls need to go above 1.1280 in order for them to accumulate momentum and push higher.

EUR/USD is still consolidating sideways between 1.1200 and 1.1220 but it also just formed an obvious hammer candlestick on the four-hour time-frame, so I expect a new move to the upside.

Deutsche Bank rescue plan possible,it would be a disaster if the bank was left to fix its own problems,bullish on euro.

The pair's correction movement continues, bouncing around 1.121 level with very little progress. Immediate support level can be found at 1.1180/90 zone, break below could lead to further decline.

The single currency was trading close to unchanged against the US dollar on Wednesday. The short term outlook remains negative and breakthrough of yesterday's low will drag the pair further downwards. Support is located at 1.1100 and 1.0980. Resistance is seen at 1.1286 and 1.1400.

Going up to 1.1280-1.1290

Yesterday the EURUSD went back and forward without any clear direction but still closed in the red however in the middle of the daily range, in addition managed to close within the previous day range, which suggests being clearly neutral, neither side is showing control.

The pair continues to trade above all three moving averages 10, 50 and the 200-day that are acting as dynamic supports.

The key levels to watch are: a 61.8% Fibonacci retracement at 1.1347 (resistance), 50% Fibonacci retracement at 1.1264, a daily resistance at 1.1237, the 200-day moving average at 1.1203 (support), and a daily support at 1.1097.