EUR/USD at the 1.3800 level.

EUR/USD almost reached 1.1700 today. The pair is unlikely to break out above that level today before the market closes, not to mention that there is a distinct shooting star candlestick on the four-hour time-frame that is a signal for a likely retracement to the downside.
 
EUR/USD is closing the week very remarkable, above the inportant 1.16 handle. The pair is supposed to keep its upward momentum with next big target at 1.18.
 
EUR/USD edged the week at highest levels since August 2015. The bias remains bullish with next big challenge at 1.80.
 
The euro rose against the US dollar on Friday. By the close of US trading, EUR/USD was trading at 1.1664, adding 0.28%. I believe that support is now at 1.1433, Monday's low, and resistance is likely at 1.1683, the high of Friday's trading.
 
Risk remains on the upside, immediate support at 1.1685, break above lead to 1.17 area. Very busy week ahead of us, Existing home sales on Monday, FOMC meeting on Wednesday, New home sales on Wednesday and Initial jobless claims on Thursday.
 
EUR/USD found some resistance at 1.1680 and bounced off from that level, forming a pair of shooting star candlesticks, a doji and a hanging man candlestick on the four-hour time-frame. The first target to the downside is likely 1.1600.
 
With the start of the new week the EUR/USD is keeping its bullish bias, currenlty trading at 1.1645. Probably slight correction ahead. But with the upcoming Fed strong declines are quite unlikely.
 
The single currency recorded a modest decline against the US dollar on Monday. The currency pair opened at 1.1662 and ended 21 pips lower. Graphics continued to grow above the moving averages, while the relative strength index remained neutral. Given the dominating positive attitudes in the long run, it is likely that the pair will reach a new peak.
 
EUR/USD skyrocketed today and is flirting with 1.17 handle. The upbeat mood remains actual in the short term. In case og breaking 1.1713 further gains are expected.
 
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