EUR/USD at the 1.3800 level.

[honeill]

Yesterday the EURUSD plunged with a wide range and closed near the low of the day, in addition managed to close below the previous day range, which suggests a strong bearish momentum.

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

The key levels to watch are: a daily resistance at 1.1237, the 10-day moving average at 1.1253 (resistance), the 200-day moving average at 1.1192 (resistance), the 50-day moving average at 1.1134 (support) and a daily support at 1.1097.

 

[Fxwes]

After starting the week with moderate growth, the euro erased gains during yesterday's session. The single currency was trading at 1.1142 at the end of a session and dropped with 46 pips, as the intraday low was reached at 1.1131. Technically the sentiment remains negative, but it’s not excluded a test of the psychological level at 1.1105. Support is located at 1.1105 and resistance is seen at 1.1235.

 

[victoriajensen]

EUR/USD is still testing the support at 1.1130 and the sideways consolidation might continue until the announcement of the US Non-Farm Payrolls on Friday.

 

[Fxwes]

During the early trading hours EUR/USD was hovering around 1.1130 level, but later on the solid ADP employment report pushed the pair higher to currently trade at 1.1163.

 

[honeill]

Yesterday the EURUSD initially fell but found enough support at the 50-day moving average to trim all its losses and closed near the high of the day, although 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 and the 200-day moving averages that are acting as a dynamic resistance and is trading above the 50-day moving average that is acting as dynamic support.

The key levels to watch are: a daily resistance at 1.1237, the 10-day moving average at 1.1236 (resistance), the 200-day moving average at 1.1170 (resistance), the 50-day moving average at 1.1135 (support) and a daily support at 1.1097.

 

[Fxwes]

The single currency recovered some of the losses during yesterday's session, adding 15 pips to 1.1157 after trading within the extreme values of 1.1165 and 1.1122. For the week, however, the EUR/USD pair remains at a loss, marking third consecutive month of wavering. In August, the euro fell less than 0.2 %. Meanwhile, the outlook remains negative. The price could not overcome the psychological support level at 1.1100.

 

[victoriajensen]

EUR/USD has formed a double bottom above the support at 1.1130 as well as an impressive hammer candlestick on the four-hour time-frame above the same level. The pair is likely to move to the upside at least until tomorrow's fundamentals come out.

 

[Fxwes]

ISM manufacturing report surprised with poor numbers and pushed the single currency to highest level for the last three days and marked an intraday high at $1.12.

 

[idimitrov]

The euro rose against the dollar on Thursday. By the close of the American session, EUR/USD was trading at 1.1197, gaining 0.36%.
I believe that the support is now located at the level of 1.1121, Wednesday's low and resistance will be at the level of 1.1208 - Monday's high.

 

[honeill]

Yesterday the EURUSD initially fell but yet again found enough support at the 50-day moving average to trim all its losses and closed near the high of the day, in addition managed to close above the previous day high, which suggests a strong bullish 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 200-day moving averages that are acting as dynamic support.

The key levels to watch are: a daily resistance at 1.1237, the 10-day moving average at 1.1224 (resistance), the 200-day moving average at 1.1172 (resistance), the 50-day moving average at 1.1135 (support) and a daily support at 1.1097.