EUR/USD at the 1.3800 level.

[fxstrategist]

The EURUSD is still consolidating below the 1.1400 level. If we get any good fundamentals from the US during next week, then the pair may continue lower, otherwise it may just stay consolidated around current levels.

 

[victoriajensen]

Still EUR/USD need to test 1.1400 again.

In the end it looks like it's more likely to test 1.1330 first. Next week we'll find out.

 

[Fxwes]

The single currency recorded a second consecutive negative session against the dollar on Friday, depreciating by nearly 30 pips to 1.1353. The daily extremes were reached respectively at 1.1394 and 1.1334. For the week the currency pair remained without significant change, after failing to overcome the psychological barrier at 1.1500. For the moment, the pair continues to trade above the upward moving averages, but the relative strength index suggests weakness of the bulls. A break of 1.1350 will likely test 1.1315.

 

[honeill]

On Friday session the EURUSD fell with a narrow range and close in the red near the low of the day but still above the 10-day moving average.

Last week the European Central Bank (ECB) released comments suggesting that more stimulus was needed to support the weakening Eurozone economy, not a good sign for the EURO.

The key levels to watch are 1.1460 (Resistance), the 10-day moving average at 1.1366 (support), the 50-day moving average at 1.1272 (support) and 1.1237 (support).

 

[csc2009]

Eur/Usd seems on the selling mood again, 1.1300 level is on sight. If break below the psychological level of 1.13, that would mean open the door to 1.12 level.

 

[sherif fares]

Another drop on the EUR/USD now price is between support 1.1300 and resistance 1.1350, if price close under support level I will go short.

 

[abdul2012]

Another drop on the EUR/USD now price is between support 1.1300 and resistance 1.1350, if price close under support level I will go short.

Good idea, i think i will do the same, let us see today.

 

[victoriajensen]

Eur/Usd seems on the selling mood again, 1.1300 level is on sight. If break below the psychological level of 1.13, that would mean open the door to 1.12 level.

I too think EUR/USD will return to the 1.1200 level because there is a shooting star candlestick below the resistance at 1.1460 on the weekly filter chart and that often means a singificant move to the downside.

 

[Fxwes]

The single currency reported a third consecutive day of decline against the US dollar on Monday, alongside expectations of increasing monetary stimulus by the ECB later in the week. The euro depreciated by nearly 30 pips to a closing price of 1.1325. The daily extremes were reached respectively at 1.1378 and 1.1305. A break of yesterday's low will increase the current negative attitudes, as immediate target is the 100-period average at 1.1280.

 

[honeill]

Yesterday the EURUSD opened below the 10-daymoving average and tried to stay above it but quickly failed falling with a wide range also close in the red near the low of the day.

The key levels to watch are 1.1460 (Resistance), the 10-day moving average at 1.1367 (resistance), the 50-day moving average at 1.1271 (support) and 1.1237 (support).