EUR/USD

On the last Friday’s session the EURUSD fell with a wide range and closed near the low of the day, in addition the currency pair closed below Thursday’s low, which suggests a strong bearish momentum.

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

The key levels to watch are: a daily resistance at 1.1976, other daily resistance at 1.1829, a daily support at 1.1753, the 10-day moving average at 1.1790 (support), a daily support at 1.1460 and other daily support at 1.1556.

EUR/USD is really having a good time as this has definitely so far been the year of the Euro.

EUR/USD is retracing after the big move to the downside on Friday, but the drop may not be over yet, especially considering the spinning top candlestick that has formed on the four-hour time-frame at 1.1810.

The EUR/USD pair closed today almost unchanged having in mind the daily performance and few pip above the Friday’s close. The four-hour time frame is showing bearish signs. The downward move might be exteded to 1.1715 – 1.1725.

1.1670 next support

On yesterday session, the EURUSD rose with a narrow range and closed near the high of the day however the currency pair closed within Friday’s range, which suggests being slightly on the bullish side of neutral.

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

The key levels to watch are: a daily resistance at 1.1976, other daily resistance at 1.1829, a daily support at 1.1753, the 10-day moving average at 1.1803 (support), a daily support at 1.1460 and other daily support at 1.1556.

Now I waiting for 1.2000 in EURUSD.

EUR/USD is hovering around the 1.18 level today and is unbale to surpass 1.1820. Along with the limited volatility around the pair, the short term remains neutral.

EUR/USD briefly broke out below 1.1725 today though it has currently retraced above it again. The move to the downside will likely continue and the pair will probably reach 1.1700 - and may even break out below that level.

My tp on manual account is 1.1680

shorted at current price

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

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 daily resistance at 1.1976, other daily resistance at 1.1829, a daily support at 1.1753, the 10-day moving average at 1.1796 (resistance), a daily support at 1.1460 and other daily support at 1.1556.

EUR/USD finally bounced off from 1.1690, but considering the impressive shooting star candlestick that has formed on the weekly time-frame at the resistance at 1.1910 this could be just the beginning of the move to the downside.

EUR/USD continues to keep downward pressure and is exposed to extend further decline. Resistance is seen at 1.18 while conversely support lies at 1.17.

Given the absence of any major events today that could set direction, EUR/USD is seen at neutral stance.

On yesterday session, the EURUSD initially fell but found enough support to erase all of its losses and managed to close near the high of the day, however the currency pair closed within Tuesday’s range, which suggests being slightly on the bullish side of neutral.

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 daily resistance at 1.1976, other daily resistance at 1.1829, a daily support at 1.1753, the 10-day moving average at 1.1795 (resistance), a daily support at 1.1460 and other daily support at 1.1556.

The euro / dollar did not make a substantial move yesterday. Price went down, forming a bottom at 1.1688, but closed higher at 1.1757. The signals are neutral for now. We have an intraday resistance around 1.1785. A clear breakthrough over it can cause further upward pressure for testing at 1.1820 / 50. On the downside, 1.1650 remains key support. A clear break below this level should break the bullish scenario and activate the neutral model.

I am still in short trade with the tp target of 1.1680

Well, I'm shorting USD/JPY so I think it's finally long for EUR USD as there's a triple top at USD index.