EUR/USD at the 1.3800 level.

[sherif fares]

If price close under 1.1190 today, the way will be open to 1.1160 then September lowest price.

 

[abdul2012]

Indeed, the pair is moving to the downside again. I think it will reach the support at 1.1150.

I am totally agree with your analysis.

 

[Fxwes]

The single currency recorded strong decline against the dollar on Monday. Depreciation of the euro has continued for a second session . As a result the support at 1.1213 was broken and currencies finished below its level. Soon it’s expected price correction and the euro may offset some of the losses. The new week started at a aprice of 1.1282 as initially bulls prevailed. Bottom of the day was hit at 1.1181and the session ended with 8 pips higher.

 

[honeill]

Yesterday the EURUSD tried to move above the 10-day moving average but found enough resistance to give all its gains back to the market and closed in the red near the low of the day with a wide range.

The currency broke below the 1.1237 (Support) like a knife in butter suggesting that the downside momentum is strong and still in place.

The next key levels to watch are 1.1237 previous support now resistance, the 50-day moving average at 1.1163 (Support) and the 1.1097 (Support).

 

[abdul2012]

The EUR/USD fell sharply for the 2nd day and rebound from 1.1114 which the lowest of the day while the US dollar gaining against the majors .I expect more down trend in this week.

 

[victoriajensen]

The EUR/USD fell sharply for the 2nd day and rebound from 1.1114 which the lowest of the day while the US dollar gaining against the majors .I expect more down trend in this week.

It will probably reach the support at 1.1080 soon.

 

[sherif fares]

EUR/USD is testing support level 1.1110 which is September low for now I will wait for a rebound a the price to close under the support level.

 

[csc2009]

Bears take control, the pair keeps falling testing 1.1100 level.

 

[Fxwes]

The euro registered another loss the dollar on Tuesday. The negative momentum has continued for a third consecutive session and as a result of this the support at 1.1130 was broken and currencies finished below its levels. If bearish sentiment continue, the pair will test the second support at 1.1091. Trading on Tuesday started at a price of 1.1189. In early trend was neutral, but around noon bears prevailed. Bottom of the day was hit at 1.1113 and the session ended with 19 pips higher.

 

[honeill]

Yesterday the EURUSD fell for the straight third day and closed in the red near the low of the day with a narrow range a sign that the downward pressure is slowing.


The currency broke below the 50-day moving average at 1.1163 (Support) suggesting that the downward momentum is still in place.


The next key levels to watch are 1.1237 (resistance), the 50-day moving average at 1.1163 previous support now resistance, the 1.1097 (Support) and the 200-day moving average at 1.1082 (Support).