EUR/USD at the 1.3800 level.

[honeill]

Yesterday the EURUSD rallied once again breaking above a daily resistance at 1.1556 although closed in the middle of the daily range, signs that the bulls are losing some strength. The currency is extreme overbought and we may see a pullback to the 1.1460 level before another push upward.

 

[sherif fares]

EUR/USD rebounded from highest price since January and now testing strong support line 1.14280.

 

[victoriajensen]

EUR/USD rebounded from highest price since January and now testing strong support line 1.14280.

If it breaks below that support it might keep falling until it reaches target 1.1180.

 

[Fxwes]

On Tuesday EUR/USD broke the four-day rally, given that the euro has depreciated by nearly 100 pips against the dollar to a closing price of 1.1515. The session was held within the extreme values at 1.1620 and 1.1397. Relative strength index retreated from extreme levels, but continues to support the bulls and graphics develops over moving averages, alluding a continuing growth.

 

[honeill]

Yesterday the EURUSD pair fell after a rally of four straight days and closed in the red near the low of the day on a narrow range, creating an inside day. The currency did not managed to stay above the daily resistance at 1.1556 suggesting that a stronger pullback may be coming in the next few days.

 

[victoriajensen]

EUR/USD continued falling and reached the support at 1.1320. I think that should it break below that support it will probably continue moving to the downside at least until it reaches the the support at 1.1170 which coincides with the (89)MA on the four hour filter chart.

 

[Fxwes]

EUR/USD continued to lose for the second consecutive session on Wednesday. The euro depreciated by nearly 200 pips to a closing price of 1.1312. The daily limit values were reached respectively at 1.1560 and 1.1291. The chart continues to develop over upward moving averages, but the relative strength index passed the negative territory. A break of 1.1290 will contribute to the bearish sentiment.

 

[honeill]

Yesterday EURUSD fell breaking below the inside day made on Tuesday and close near the low of the day on a wide range day as the US durable goods rose unexpected to 2% compared to the market expectations for a decline of 0.4%. Key levels to watch today are: the daily support zone from 1.1237 down to 1.1097.

 

[sherif fares]

EUR/USD pull back for the third day with high volatility price will be testing support level 1.1200 and then the MA(20).

 

[victoriajensen]

EUR/USD reached the support at 1.1190 coinciding with the (89)MA on the four-hour filter chart. So far it hasn't been able to break below that level but should it manage to do so I think we can expect a further move to the downside towards target 1.1080.