EUR/USD at the 1.3800 level.

[Fxwes]

On Monday’s session EUR registered a second consecutive loss against USD. The new week started negatively for the single currency, although the session was fairly calm, with no sharp price changes. Although the depreciation of the euro was not significant, it was enough to allow the pair to break the support at 1.1080. Expecting the downward move to continue until 1.1049 level. Trading on Monday started a rate of 1.1115, and the ended 39 pips lower. Bottom of the day was reached at 1.1058.

 

[honeill]

Yesterday the EURUSD fell and close near the low of the day with a narrow range, although held its ground just above the 10-day moving average. Absent economic releases in the euro area today so we might experience some consolidation, as inflation figures in the US economy are due tomorrow and the FOMC will release its minutes.

 

[abdul2012]

I see that the next level for he EUR/USD will be 1.1000, specially if the US dollar get enough support his week.

 

[victoriajensen]

EUR/USD almost reached 1.1000 today and it will likely test that support for a while. Should it manage to break below that level it will likely continue towards the next support level visible on the daily filter chart, which is at 1.0850.

 

[sherif fares]

EUR/USD is testing fibo level 23.6% a break below will open a chance for a sell position.

 

[csc2009]

Eur/Usd extend its consolidation after reach its low yesterday, all the technical indicators show further decline may apply. 1.100 again could be critical support.

 

[Fxwes]

The euro recorded a losing session against the dollar on Tuesday. The bearish trend continues for third consecutive day and as a result of this the support at 1.1049 has been broken, as the pair finished below these levels. Despite the weak performance of the single currency in the short term is expected price adjustment and test the resistance at 1.1214. Trading on Tuesday launched at a rate of 1.1076 as at the beginning of the trend was neutral. EUR began to lose positions around noon and bottomed at 1.1017. The session ended with only 3 pips above.

 

[honeill]

Yesterday the EURUSD pair fell for the straight third day and closed in the red near the low of the day, shy below the 50-day moving average. All eyes now turn to the US as the market waits for the Fed's Monetary Policy Statement later today, regarding the possibility of an interest rate hike in September.

 

[sherif fares]

EUR/USD recovered from 2 days drop with the FOMC minutes.

 

[abdul2012]

The EUR/USD rose up 100 pips today and heading to 1.1214 resistance so fast.