EUR/USD at the 1.3800 level.

[honeill]

On Friday session the EURUSD initially rallied with a wide range but gave out most of its gains back to the market, but still managed to close in the green near the open of the day.

The pair is making a downward triangle since late August suggesting a move of 626 pips on the break of the triangle until them we may expect a range bound move.

The key levels to watch are 1.1460 (Resistance), 1.1237 (resistance), the 10-day moving average at 1.1206 (support) and 1.1097 (support).

 

[sherif fares]

EUR/USD rebounded from 1.1230 and is facing support level 1.1160, between both resistance and support the market looks undecided I will wait for a break to take a decision.

 

[abdul2012]

The limited movement for the EUR/USD today just a start kick, Let us see what is Draghi have to the EUR?

 

[victoriajensen]

The limited movement for the EUR/USD today just a start kick, Let us see what is Draghi have to the EUR?

At this point I doubt anything short of Fed changing the interest rates will end the EUR/USD range.

 

[honeill]

Yesterday the EURUSD tried to rally fell but found yet gain enough selling pressure to reverse and close in the red near the low of the day with a narrow range, creating an inside day.

The currency closed below the 10 and 50-day moving averages signaling that the bulls are losing control in the short-term although it continues in a range bound move around the two moving averages.

The key levels to watch are 1.1460 (Resistance), 1.1237 (resistance) and 1.1097 (support).

 

[csc2009]

Eur/Usd is still trading sideways, short-term bullish trend with immediate resistance level located at 1.1227-1.1236 zone. If there is no major surprise, I think we will see the pair ranging for now.

 

[sherif fares]

EUR/USD a break over yesterday's highest price resistance levels will push the price towards the next resistance level 1.1370.

 

[Fxwes]

USD depreciated by 0.73% to 1.1271 EUR/USD. The dollar index DXY decreased 0.61% to 95.52.

 

[abdul2012]

EUR/USD a break over yesterday's highest price resistance levels will push the price towards the next resistance level 1.1370.

Yes, I agree with your analysis.

 

[victoriajensen]

EUR/USD a break over yesterday's highest price resistance levels will push the price towards the next resistance level 1.1370.

I think it will have to break above the resistance at 1.1280 first before reaching 1.1370.