EUR/USD at the 1.3800 level.

[abdul2012]

The EUR/USD gain over 100 pip within 5 hours today after touching the support at 1.1220, but recently fell to 1.1300 level waiting for the interesting rate.

 

[victoriajensen]

While EUR/USD formed a hammer candlestick on the four-hour filter chart above the support at 1.1220 and moved to the upside again, I doubt we will see any major movement before the fundamentals tomorrow. I think the pair will likely continue to consolidate.

 

[honeill]

Yesterday the currency went back and forward with a wide range day but managed to close in the green near the open of the day, above the 10-day moving average.

Today is the big day, where the FOMC meeting ends and the Fed releases its interest rate decision at 18:00 (CET) and gives its monetary policy statement and press conference at 18:30 (CET). These events are a game changer and will let us know themed to long term direction of the market.

The key levels to watch today are the same of yesterday 1.1495 (Resistance) and 1.1237 (Support).

 

[Fxwes]

The euro recorded a minimal increase against the dollar. The negative sequence of the single currency was interrupted, but the pair remained at the lower levels. If short-term expectations justify the correction of the price will continue, bullish sentiment will become more intense and currencies will make a test of resistance at 1.1430. Wednesday session was relatively calm, and the pair ranged in a narrow range. The session started at a rate of 1.1267 and ended 22 pips higher. Peak of the day was reached at 1.1319.

 

[csc2009]

Bullish trend remains intact, the pair stays above 1.1310 ahead of FOMC meeting, next level to watch on the upside can be found at 1.1339.

 

[Aaron Dias]

Bullish trend remains intact, the pair stays above 1.1310 ahead of FOMC meeting, next level to watch on the upside can be found at 1.1339.

I am hopeful that after the FOMC today EURUSD will cross 1.1400 levels

 

[sherif fares]

Just a few minutes and the interest rate will be announced.

 

[abdul2012]

I will hold on tell the pair will show the next direction after the big jump to 1.1421 in 15 mins.

 

[victoriajensen]

Fed didn't change the interest rate and EUR/USD moved to the upside again. The pair will likely reach the resistance at 1.1500 soon, and if it breaks above that level it will probably continue towards the previous high at 1.1713.

 

[honeill]

Yesterday the currency rallied with a wide range day after the Fed left the rates unchanged and closed in the green near the high of the day, well above the 10-day moving average.

Today the pair may consolidate as we go in to the weekend as the market digests Yesterdays FOMC meeting.

The key levels to watch today are 1.1495 (Resistance), 1.1556 (Resistance) and 1.1237 (Support), 1.1373 (Support).