EUR/USD at the 1.3800 level.

[Fxwes]

The euro recorded an increase against the dollar on Wednesday. The single currency justified the positive expectations and managed to gain positions. However, the pair still remains far from the resistance at 1.1183. If bullish sentiment continue in the future, the key level will be tested. The session started at 1.1059 and closed 29 pips higher.

 

[honeill]

Yesterday EURUSD rose with a wide range and closed in the green, near the high of the day, however managed to close within the previous day range, which suggests being slightly on the bullish side of neutral.

The pair managed to close above the 10-day moving average that now should act as a dynamic support but continues to trade below 2 moving averages the 50 and 200 that are acting as dynamic resistances.

The key levels to watch are: The 50-day moving average at 1.1193 (resistance), the 200-day moving average at 1.1105 (resistance), a daily resistance at 1.1097, the 10-day moving average at 1.1082 (support) and daily support 1.0900.

 

[victoriajensen]

EUR/USD broke above 1.1100 again today and continued climbing. It's next target is likely 1.1190, which is (MA)89 on the daily time-frame.

 

[Fxwes]

The single currency recorded a second consecutive increase against the dollar on Thursday. The trend has been extremely volatile, as in the early hours bullish sentiment prevailed. The pair tested the resistance at 1.1183, after marking an intraday hight at 1.1164, but a couldn’t breakthrough it. Short-term expectations remain in favor of the euro.

 

[honeill]

Yesterday EURUSD rallied but found enough selling pressure to give back to the market some of its gains but managed to close in the green, although near the low of the day and closed within the previous day range, which suggests being slightly on the bearish side of neutral.

The pair managed to close above the 200-day moving average that now should act as a dynamic support and continues to trade above the 10-day moving average that is acting as dynamic support but the 50-day moving average is acting as dynamic resistance.

The key levels to watch are: The 50-day moving average at 1.1190 (resistance), the 200-day moving average at 1.1107 (resistance), a daily resistance at 1.1097, the 10-day moving average at 1.1080 (support) and daily support 1.0900.

 

[idimitrov]

On the next week there will be a meeting of the ECB. The banking crisis that Europe has faced, needs more attention from politicians rather than the monetary authorities. However, the last week, this problem did not thrilled the markets. Keep an eye on the levels of 1.1000 and 1.1200+ - the breakdown of one of them will give quotes movement, which the single currency didn't experienced since March (except for reaction to Brexit).

 

[deresel]

The euro was down against the US Dollar on Friday. At the close of trading session EUR/USD is traded at 1.1029, shedding by 0.83%. I believe that the support is now located at the level of 1.1014, Monday's low, and resistance is likely to be the level of 1.1166 - the maximum of Thursday.

 

[csc2009]

Eur/Usd continue trading between 1.1000 and 1.190 for last 3 weeks without showing a clear direction, the pair currently further to 1.105 zone, giving dollar's strength, we might expect risk remain downside next week.

 

[fxstrategist]

The EURUSD is still in a range between the 1.1000 and the 1.1200 zone. Good intraday movements, but no trend.

 

[Fxwes]

The single currency marked a decrease on Friday and erased most of its weekly gains. The euro depreciated by 49 pips to a closing price of 1.1068. The pair continues to move in the range defined by the levels at 1.1185 and 1.1020, as negative attitudes prevail.