EUR/USD at the 1.3800 level.

[deresel]

On Wednesday EUR/USD rose 0.26% over 1.1400, keeping near the Monday at three-week high 1.1392.

 

[victoriajensen]

EUR/USD is still very bullish. The next target is likely the resistance at 1.1430, and if it breaks out above that level it could reach 1.1500 again.

 

[Fxwes]

On Wednesday session EUR/USD was trading in a tight 20 pips wide range. The pair added nearly 40 pips to a closing price of 1.1393. The intraday high was hit at 1.1410 which is a three-week high and the daily low was marked at 1.1354. Currently the pair remains limited by the psychological level at 1.1400, but the outlook is bulish. Possible break will target EUR/USD to 1.1465.

 

[honeill]

Yesterday EURUSD rallied with a wide range and closed near the high of the day, in addition managed to close above the previous day high, suggesting a strong bullish momentum.

The pair is trading above the 10, 50 and 200-day moving averages that are acting as dynamic supports.

The key levels to watch are: A daily resistance at 1.1556, other daily resistance at 1.1460, the 50-day moving average at 1.1301 (support) and a daily support at 1.1237.

 

[victoriajensen]

Clearly there's no end to range in sight. The current move to the downside will likely continue until it reaches 1.1270, which is (MA)89 on the four-hour time-frame.

 

[csc2009]

The pair seems have lost it's upside momentum, but break below the support level at 1.1300 is still required for the confirmation of bearish trend.

 

[honeill]

Yesterday EURUSD plunged with a wide range, making a bearish engulfing pattern and closed near the low of the day, in addition managed to close below the previous day low, suggesting a strong bearish momentum.

The pair is trading above the 10, 50 and 200-day moving averages that are acting as dynamic supports.

The key levels to watch are: A daily resistance at 1.1556, other daily resistance at 1.1460, the 50-day moving average at 1.1300 (support), the 10-day moving average at 1.1276 and a daily support at 1.1237.

 

[victoriajensen]

The move to the downside continued today and EUR/USD reached 1.1270 as I thought it would. If it breaks below that level next target is likely 1.1200.

 

[csc2009]

The move to the downside continued today and EUR/USD reached 1.1270 as I thought it would. If it breaks below that level next target is likely 1.1200.

I agree, the pair extended further south, hit fresh one week low, next target would be at 1.1200 level.

 

[idimitrov]

The euro was down against the US Dollar on Friday. EUR/USD is at 1.1250, shedding 0.58%. The support is now located at the level of 1.1246, the low of Friday's trading, and resistance is likely to make the level of 1.1416 - the maximum of Thursday.