EUR/USD at the 1.3800 level.

[honeill]

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

The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.

The key levels to watch are: a daily resistance 1.2041, a Key level at 1.1880 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, the 10-day moving average at 1.1743 (support), the 50-day moving average at 1.1729 (support) and a key level at 1.1684 (support).

 

[Fxwes]

EUR/USD moved higher today to currently trade at 1.1820 supported by FOMC minutes, confirming the rate hike in December. The short term outlook is bullish, according to indicator on the four hour time frame and next bulls target is seen at 1.1830.

 

[honeill]

On yesterday session, the EURUSD rallied with a wide range and closed near the high of the day, in addition the currency pair managed to close above Tuesday’s high, which suggests a strong bullish momentum.

The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.

The key levels to watch are: a daily resistance 1.2041, a Key level at 1.1880 (resistance), a daily resistance at 1.1829, the 10-day moving average at 1.1768 (support), a daily support at 1.1753 and a key level at 1.1684 (support).

 

[idimitrov]

The single currency recorded a significant increase against the US dollar on Wednesday. The session started at 1.1737 and the price jumped from the first support at 1.1735. Eventually the currency pair ended at 1.1821 and if the price continued to rise, the pair would head to the first resistance at 1.1875.

 

[victoriajensen]

It is testing 1.1860 - 1.1870 indeed. A breakout above that level could lead to a further move to the upside towards the next resistance which is around 1.2035.

 

[Fxwes]

Bullish potential keeps growing for the EUR/USD pair. Should the pair cross the 1.1860 level (mid November’s high), then the interest will lead to 1.1890.

 

[honeill]

On yesterday session, the EURUSD rallied again but this time with a narrow range and closed near the high of the day, in addition the currency pair managed to close above Wednesday’s high, which suggests a strong bullish momentum.

The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.

The key levels to watch are: a daily resistance 1.2041, a Key level at 1.1880 (resistance), a daily support at 1.1829, the 10-day moving average at 1.1789 (support), a daily support at 1.1753 and a key level at 1.1684 (support).

 

[Fxwes]

The force awakens. Euro bulls attack 1.1920/1.1930.

 

[victoriajensen]

EUR/USD broke out above 1.1870 and continues moving to the upside. Next week it will probably rally towards 1.2035.

 

[csc2009]

Eur/Usd enter correction mood after bullish trend, there are still room on the upside, next key resistance level at 1.20.