EUR/USD at the 1.3800 level.

[Fxwes]

Euro recorded successful session against the US dollar on Friday. Thus the single currency recovered from losses in the previous session and neared the resistance at 1.1219. If bullish sentiment continue to dominate, it will be broken soon. The session on Friday opened at 1.0972 and the the euro gained 205 pips to the end of the session. In early trading hours the trend was neutral, but the direction was changed in the afternoon and the pair reached intraday high at 1.1196.

 

[victoriajensen]

EUR/USD retraced from the resistance at 1.1200 and reached 1.1160, which is (MA)89 on the daily time frame, but the pair will likely continue moving to the upside and test 1.1200 once again. A breakout above that level will probably lead to a further move to the upside towards 1.1230.

 

[csc2009]

The pair is in the consolidation mood, very tight range. Support level can be found at 1.1150 and on the upside 1.120 is still a strong resistance level. Market attention will turn to the RBA this Tuesday and the BOE on Thursday.

 

[Fxwes]

The euro marked a neutral session against the US dollar on Monday. The single currency remained at the high levels since the end of last week, but couldn’t break the resistance at 1.1219.

 

[csc2009]

The pair consolidates gains after fresh high, bullish momentum is likely to continue as long as the pair stays above 1.1200 region. Next resistance level can be found around 1.1235/50 zone.

 

[Fxwes]

The single currency justified the positive expectations and continued the positive momentum from the last week. As a result, EUR/USD broke the first resistance at 1.1219, and the session closed around these levels.

 

[deresel]

The euro gained positions against the dollar on Tuesday. The session started at a price of 1.1160, while the euro gained 61 pips. The maximum of the day was reached at the rate of 1.1233 shortly before the end of trading.

 

[idimitrov]

EUR/USD had a bullish momentum yesterday, closing above key resistance 1.1200. Overall I still prefer a bearish scenario but this made me stay away for now and wait for a new model. The bias is bullish for testing the lower line of the bullish price channel, localized around 1.1300. A clear break and daily close above that area could lead to further upward pressure to test 1.1400. The first support is at 1.1170/50, whose breach can reactivate the downward pattern for testing 1.1070/50 or lower.

 

[deresel]

Key levels to watch for today:
Support: 1.0950; 1.0909;
Resistance: 1.1219; 1.1290.

 

[idimitrov]

The dollar strengthened on Wednesday, rebounding from a six-week low, reached in the previous session, as investors closed positions ahead of Friday's US employment report, excluding the agricultural sector, which should help determine the timing of the next increase of the Fed rate. The euro fell by 0.46 percent against the dollar to $ 1.1173.