EUR/USD at the 1.3800 level.

[fxstrategist]

The EURUSD keeps dropping and if the Eurozone fundamentals come out lower than expected and the US fundamentals come out better than expected, then the pair could get to the 1.0500 zone again.

 

[Fxwes]

The single currency continued to lose against the US Dollar on Monday. The euro lost 54 pips at a closing price of 1.0685. The graphics continue to develop under the moving average, while the index of relative strength remained in neutral territory. EUR/ USD keep the downward trend, and for its continuation is needed to break the support at 1.0676.

 

[honeill]

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

Also yesterday the pair closed below the Fibonacci extension 1.0703 that was acting as a strong support and the 10-day moving average continues to push the currency down acting as a strong resistance.

The key levels to watch are the 1.0900 (Resistance), 1.0819 (resistance), the 10-day moving average at 1.0736 (resistance), a Fibonacci extension at 1.0703 (resistance) and 1.0622 (Support).

 

[csc2009]

Bearish tone remains, the pair hovering around 1.066/60 zone. Next psychology support level located at 1.0600 level.

 

[victoriajensen]

1.0600 might prove to be a considerable support for a while but I doubt the move to the downside will end there. It will probably reach 1.0520 in the foreseeable future.

 

[sherif fares]

EUR/USD continue to drop, now the way is open till April low 1.0565.

 

[Fxwes]

The single currency continued to lose against the US Dollar on Tuesday. The pair opened at a price of 1.0685 after steady downtrend during the session and ultimately closed at a rate of 1.0640. The pair managed to break through the first support at 1.0676. If EUR/USD justify the negative expectations, support at 1.0548 will be broken.

 

[honeill]

Yesterday the EURUSD fell with a narrow range and closed in the red near the low of the day, shy above the 1.0622 daily support.

Looks like the downside momentum is losing strength and we might see a pullback in the short-term, before another downward move.

The key levels to watch are the 1.0900 (Resistance), 1.0819 (resistance), the 10-day moving average at 1.0729 (resistance), a Fibonacci extension at 1.0703 (resistance) and 1.0622 (Support).

 

[deresel]

I still don't believe, that the pair will reach parity, but it's too close to it...

 

[csc2009]

The upside momentum of the pair has now seemed run out of fuel, upside capped by near 1.0690/0700 zone. On the downside, psychological support level is still located at 1.0600.