EUR/USD

You think will have a comeback in EUR/USD and GBP/USD pair or it will stay growing?

At the moment EURUSD is up 0.95% at 1.0902 facing the immediate hurdle at 1.0933 (61.8% Fibo of 1.1300-1.0339) followed by 1.1094 (78.6% Fibo of 1.1300-1.0339) and finally 1.1300 (high Nov.9 2016). On the flip side, a breakdown of 1.0838 (low Mar.27) would target 1.0759 (low Mar.24) en route to 1.0704 (low Mar.16).

I'm expecting price of EUR/USD to retrace to 1.07500

Terbaik

On yesterday session, the EURUSD tried to rally but found enough resistance at 1.0900 to trim some of its gains and closed in the middle of the daily range, however managed to close above Fridays’ high, which suggests being a bullish momentum.

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

The key levels to watch are: key level at 1.0970 (resistance), a daily resistance at 1.0900, the 200-day moving average at 1.0842 (support), daily resistance at 1.0819, the 10-day moving average at 1.0786 (support), daily support at 1.0713.

EUR/USD is keeping the bullish stance today. Technical readings on the four-hour frame are showing slight corrective mode. Should the pair conquer 1.0890, the rally might be extended towards 1.0930.

Not only did the pair fail to break out above 1.0900, but it also formed a shooting star candlestick on the daily time-frame at that resistance level, and there will likely be a new move to the downside.

EUR has to close above 1.0870/75 to indicate that it has moved into a bullish phase. The daily closing of 1.0865 was just below this level and the condition is not met. That said, the current positive undertone is still intact and only a move back below 1.0795 would indicate that a temporary top is still in place. Until then, the risk of sustained rally could not be ruled out just yet.

On yesterday session, the EURUSD fell with a narrow range and closed near the low of the day, in addition managed to close below Monday’s low, which suggests a strong bearish momentum.

The currency pair is trading above the 10 and the 50-day moving averages that should provide dynamic support and closed back down the 200-day moving average that should act as dynamic resistance.

The key levels to watch are: key level at 1.0970 (resistance), a daily resistance at 1.0900, the 200-day moving average at 1.0841 (resistance), a daily resistance at 1.0819, the 10-day moving average at 1.0790 (support), a daily support at 1.0713.

At the moment EURUSD is losing 0.25% at 1.0787 facing the immediate support at 1.0759 (low Mar.24) ahead of 1.0704 (low Mar.16) and finally 1.0694 (20-day sma). On the flip side, a break above 1.0873 (high Mar.28) would target 1.0877 (200-day sma) en route to 1.0905 (high Mar.27).

EUR/USD did move to the downside after forming a shooting star candlestick on the daily time-frame at 1.0900. It's currently testing the support at 1.0750, which coincides with the (MA)89 indicator on the four-hour time-frame, and a breakout below that level will likely lead to a further drop towards 1.0700.

EUR/USD met huge selling pressure and today is trading lowest for the week. Short term outlook remains bearish with critical support at 1.0735. In case of breaking it, further downslope might lead the towards teh stronger one at 1.0700.

Cryptocurrency posted:
I'm expecting price of EUR/USD to retrace to 1.07500

The Price of EUR/USD did drop to 1.07402

Will it continue to drop?

If so, the next target is: 1.06330

The 1.075 area will be a very crucial level for the pair. The main outlook is bearish but this level might hold the pair for a while, a slight uptrend can be possible too.

On yesterday session, the EURUSD fell with a wide range and closed near the low of the day, in addition managed to close below Tuesdays’ low, which suggests a strong bearish momentum.

The currency pair is trading above the 50-day moving average that should provide dynamic support and is trading below the 10 and 200-day moving average that should act as dynamic resistance.

The key levels to watch are: key level at 1.0970 (resistance), a daily resistance at 1.0900, the 200-day moving average at 1.0839 (resistance), a daily resistance at 1.0819, the 10-day moving average at 1.0793 (resistance), a daily support at 1.0713, the 50-day moving average at 1.0670 (support).

The single currency recorded negative session against the US dollar on Wednesday. The pair lost 46 pips at a closing price of 1.0765. Daily extreme values ​​were reached respectively at 1.0826 and 1.0739. If downward direction continues the pair will move towards support at 1.0550.

Key levels to watch for:
Support: 1.0550; 1.0370;
Resistance: 1.0815; 1.0980.

EUR/USD finally broke out below 1.0750 and the path to 1.0700 is clear. The question is whether it will be able to break out below that level too, if it does there will likely be a further drop towards 1.0630.

At the moment the EURUSD is losing 0.26% at 1.0737 facing the immediate support at 1.0738 (low Mar.29) ahead of 1.0709 (20-day sma) and finally 1.0704 (low Mar.16). On the flip side, a break above 1.0827 (high Mar.29) would target 1.0874 (200-day sma) en route to 1.0905 (high Mar.27).