EUR/USD at the 1.3800 level.

Finally EUR/USD is out of the range, only a close above resistance level 1.0900 will confirm the break. Next level 1.0970 then 1.1000
 
The single currency recorded a strong increase against the dollar on Thursday. The euro registered a fourth consecutive winning session and as a result the resistance at 1.0917 was broken. If bullish sentiment continue, the pair may test the second key level at 1.1003. The session on Thursday opened at a price of 1.0891 and closed with 47 pips higher. Prevailing trend was bullish, as the peak of the day was reached at 1.0967.
 
On yesterday session the EURUSD rallied with a wide range and closed well in the green, near the high of the day, in addition closed above previous day high, suggesting a strong bullish momentum.

The pair continues to close above the 10 and the 50-day moving averages that are acting as a dynamic support.

The key levels to watch are: The 200-day moving average at 1.036 (resistance), the previous swing high at 1.0975 (resistance), the 50-day moving average at 1.0884 (support), 10-day moving average at 1.0872 (support) and a swing low at 1.0778 (Support).
 
Not only did EUR/USD fail to break above 1.1000 but it bounced off the resistance at 1.0967 after forming a shooting star candlestick on the 4-hour time-frame and moved to the downside again. It will probably reach the support at 1.0800 soon.
 
The single currency continued its winning series against the dollar on Thursday after oil prices rose sharply during the last days of speculation to reduce production, and thanks to the weak US economic data.
 
The strong US Dollar crashed the EUR/USD gain within the week but the pair bounced up of the hourly support at 1.0810, Looks like we gonna start over from we opening of this week.
 
you can see how strong is the market indecided with EUR/USD, once price broke above the sideways range you can see the next day how the price quickly returned 100 pips to stay inside the range of 1.0900 and 1.0800.
 
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