EUR/USD at the 1.3800 level.

[honeill]

Yesterday the EURUSD rose with a narrow range and closed near the high of the day, in addition managed to close within the previous day range, which suggests being slightly on the bullish side of neutral.

The pair is trading below the 10-day moving average that is acting as a dynamic resistance and is trading well above the 50 and the 200-day moving averages that are acting as dynamic supports.

The key levels to watch are: a daily resistance at 1.1460, a 61.8% Fibonacci retracement at 1.1347 (resistance), the 10-day moving average at 1.1291 (resistance), a daily support at 1.1237, and the 200-day moving average at 1.1163 (support).

 

[Fxwes]

On Thursday session the euro broke the negative momentum from the last two sessions and recovered some of its losses against the US dollar. If the upward direction continue,the resistance at 1.1382 will be broken soon. Support is seen at 1.1239 and 1.1197.

 

[idimitrov]

The euro rose against the dollar on Friday. By the end of the trading session EUR/USD was traded at 1.1294, gaining 0.11%.
I believe that the support is now located at the level of 1.1242, Wednesday's low and resistance is likely to be at the level of 1.1357 - a maximum of Tuesday.

 

[victoriajensen]

There's a shooting star candlestick below the resistance at 1.1300, EUR/USD will likely start moving to the downside towards the support at 1.1240 again.

 

[csc2009]

A small gap has almost recovered, but the risk remains on the downside, immediate support level can be found at 1.1160/70 zone.

 

[honeill]

On the last Friday’s session the EURUSD tried to rally but found enough resistance near the 61.8% Fibonacci retracement to give back to the market all of its gains and closed near the low of the day, in addition closed below Thursday’s low, which suggests a strong bearish momentum.

The pair is trading below the 10-day moving average that is acting as a dynamic resistance and is trading above the 50 and the 200-day moving averages that are acting as dynamic supports.

The key levels to watch are: a daily resistance at 1.1460, a 61.8% Fibonacci retracement at 1.1347 (resistance), the 10-day moving average at 1.1293 (resistance), a daily support at 1.1237, and the 200-day moving average at 1.1165 (support).

 

[victoriajensen]

EUR/USD dropped significantly after Janet Yellen's speech on Friday and the move to the downside will likely continue. A breakout below 1.1175 will probably lead to a further drop towards 1.1050.

 

[csc2009]

EUR/USD dropped significantly after Janet Yellen's speech on Friday and the move to the downside will likely continue. A breakout below 1.1175 will probably lead to a further drop towards 1.1050.

I agree, pressure on the downside remains, the pair next possible target would be at 1.1100 if break below 1.1160/50 support zone.

 

[honeill]

Yesterday the EURUSD went back and forward without any clear direction and closed in the middle of the daily range, in addition managed to close within Friday’s range, which suggests being clearly neutral, neither side is showing control.

The pair is trading below the 10-day moving average that is acting as a dynamic resistance and is trading above the 50 and the 200-day moving averages that are acting as dynamic supports.

The key levels to watch are: a daily resistance at 1.1460, a 61.8% Fibonacci retracement at 1.1347 (resistance), the 10-day moving average at 1.1273 (resistance), a daily support at 1.1237, the 200-day moving average at 1.1168 (support), and the 50-day moving average at 1.1134 (support).

 

[csc2009]

Eur/Usd is consolidating in a narrow range while risk remains on the downside, critical support level can be seen around 1.1120/10 zone.