EUR/USD at the 1.3800 level.

[honeill]

Yesterday the EURUSD went back and forward without any clear direction but managed to close in the green near the open of the day with a narrow range, creating a doji pattern.

The currency is still trading above the 10 and 50-day moving averages, which still is a good sign for the bulls is although the previous close showed some indecision.

The key levels to watch are 1.1460 (Resistance), 1.1237 previous resistance now support and the 10-day moving average at 1.1207 (Support).

 

[abdul2012]

The EUR/USD fell and loses all it is gain within the last two days but rebound from the resistance at 1.1153, Recently strong sell and i think it is possible to continue the bearish this week.

 

[csc2009]

Once the pair broke below 1.1200 level, Eur/Usd extends its decline to around 1.117. The immediate support can be found at 1.1160, break below it would lead to the strong support level at 1.1120.

 

[fxstrategist]

Good retracement to the downside on the EURUSD and on the EURJPY after the ADP number came out better than expected.

 

[honeill]

Yesterday the EURUSD fell with a wide range and close in the red near the low of the day.

The currency closed below the 10 and 50-day moving averages, which is not a good sign for the bulls, looks like is going to test the daily support at 1.1097.

The key levels to watch are 1.1237 previous support now resistance, the 10-day moving average at 1.1187 (resistance), 1.1097 (support) and the 200-day moving average at 1.1077 (support).

 

[Fxwes]

The single currency registered a decrease against the US dollar on Wednesday and was trading at a price of 1.1175 at the end of the session. Thus euro wiped out all of its gains since the beginning of the week. The daily extremes were reached respectively at 1.1260 and 1.1157. The price went below average values, while the index of relative strength remain in negative territory.

 

[victoriajensen]

Once the pair broke below 1.1200 level, Eur/Usd extends its decline to around 1.117. The immediate support can be found at 1.1160, break below it would lead to the strong support level at 1.1120.

I think we may even see it falling until it reaches the support at 1.1080.

 

[sherif fares]

EUR/USD rebounded from the support level 1.11560 and let's see how the NFP will turn out to be.

 

[abdul2012]

It is the quite before the storm for the EUR/USD where today the traders waiting for tomorrow news.

 

[csc2009]

It is the quite before the storm for the EUR/USD where today the traders waiting for tomorrow news.

Definitely, the pair is consolidating near 1.1200 level ahead of the release of NFP on Friday, we just have to wait-and-see.