EUR/USD

The EUR/USD bounced slightly from the weekly low, but after Mario Draghi’s speach turned bearish again. The current market price is 1.0865 and interemediate support is seen at 1.0850. In case of breaking it, the pair could extend the downwards slope towards 1.0820.

EUR/USD is falling back towards 1.0860 level with the European session underway. The indicators on the 4-hour chart are in the negative territory and suggest further downward pressure.

On yesterday session, the EURUSD went back and forward without any clear direction although and closed in the red, in the middle of the daily range, plus managed to close within Tuesday’s range, which suggests being clearly neutral, neither side is showing control.

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

The key levels to watch are: a key level at 1.0970 (resistance), the 10-day moving average at 1.0926 (resistance), a daily resistance at 1.0900 and other daily support at 1.0819, the 50-day moving average at 1.0769 (support).

I'm predicting price of EUR/USD will drop to 1.06 area. What is everyone's prediction?

Cryptocurrency posted:
I'm predicting price of EUR/USD will drop to 1.06 area. What is everyone's prediction?

Doubtful it will go that low based on the Euro data some traders I know are calling 1.080

On yesterday session, the EURUSD went back and forward without any clear direction again and closed in the red, in the middle of the daily range, plus managed to close within Wednesday’s range, which suggests being clearly neutral, neither side is showing control.

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

The key levels to watch are: a key level at 1.0970 (resistance), the 10-day moving average at 1.0922 (resistance), a daily resistance at 1.0900 and other daily support at 1.0819, the 50-day moving average at 1.0774 (support).

EUR/USD reached 1.0900 today after bouncing off from 1.0840 and it even broke out above that level. It is currently testing 1.0920. Next target is likely 1.0950 - 1.1000.

The EUR/USD moved higher today and posted 3-day high at 1.0933 right after the release of the US economic data. A possible daily close below the 20-da SMA, currently standing at 1.0870, will hurt bulls’ strength.

Here's my latest prediction for EUR/USD

Here's my 2nd case scenario prediction for EUR/USD

EUR/USD went a bit down this week, but managed to recover. I'm bullish for the week to come!

Here's another possible case scenario for EUR/USD

Eur/Usd reacted strongly on weak US data, the pair still remains on the daily high, psychological level on the upside can be found at 1.100, on the downside support zone around 1.0830/40.

can anyone tell me about the EURUSD pair for the coming weak

Key levels to watch for:
Support: 1.0815; 1.0550;
Resistance: 1.0980; 1.1130; 1.1280.

The euro rose against the US dollar on Friday. By the close of US trading, EUR / USD was trading at 1.0932, gaining 0.64%. I believe that support is now at around 1.0838, Thursday's low, and resistance is likely to come in at 1.1024, Monday's high.

On the last Friday’s session the EURUSD rallied with a wide range but and closed near the high of the day, in addition the currency pair managed to close above Thursday’s high, which suggests a strong bullish momentum.

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

The key levels to watch are: Year high at 1.1021 (resistance), a key level at 1.0970 (resistance), the 10-day moving average at 1.0926 (support), a daily support at 1.0900 and other daily support at 1.0819, the 50-day moving average at 1.0778 (support).

EUR/USD broke out above 1.0900 and it has almost reached 1.1000. Now the question is whether there will be a breakout above 1.1020.

Today the EUR/USD pair was challenged by the key level at 1.1000, but couldn’t conquer it. However technical indicators on the 4-hour time frame are keeping bullish stance and in the short-term we may expect euro bulls to push higher.