EUR/USD at the 1.3800 level.

Risk remains on the downside, break down 1.1147 level could lead to further decline towards my next target 1.1040.
 
We have the FOMC and the BOJ economic policy meetings this week, the pair lack of clear strength towards the downside for now, important support level can be found at 1.1120 zone.
 
The euro was down against the US Dollar on Friday. By the close of US trading EUR/USD was trading at 1.1155, shedding 0.79%. I believe that the support is now located at the level of 1.1149, the minimum of Friday's trading, and resistance is likely at the level of 1.1286 - the maximum of Thursday.
 
The single currency managed to break its recent range on Friday.EUR/USD was trading in a relatively narrow range last week, but the pair broke the psychological support at 1.1200 to closed the session with a drop of 90 pips. Current attitudes remain negative, but for confirmation of the downward trend is needed breakthrough the levels at 1.1120/1.1105. Support is located at 1.1105 and resistance is seen at 1.1195 and 1.1280.
 
On the last Friday’s session the EURUSD plunged with a wide range and closed near the low of the day, in addition managed to close below Thursday’s range, which suggests a strong bearish momentum.

The pair closed below all three moving averages 10, 50 and the 200-day that should act as dynamic resistances.

The key levels to watch are: a 61.8% Fibonacci retracement at 1.1347 (resistance), a daily resistance at 1.1237, the 200-day moving average at 1.1194 (resistance), and a daily support at 1.1097.
 
EUR/USD has formed a double bottom on the one-hour time-frame above the support at 1.1150. The pair will likely start retracing the drop from last Friday and the first target is around 1.1200 again.
 
Eur/Usd trade mildly higher and found immediate support level at 1.1140/50 zone, break below could confirm the risk remains on the downside.
 
EUR/USD started the week with an increase after posting significant losses a day earlier. The euro managed to advance by 20 pips to a closing price of 1.1173 to trade within 1.1197 and 1.1150. RSI moved up, but the price remains below the average values by making an unsuccessful attempt to break the psychological level at 1.1200. Breaking 1.1105 would confirm the downward trend. Support is located at 1.1105 and 1.1045. Resistance is seen at 1.1195 and 1.1280.
 
Yesterday the EURUSD rose with a narrow range but closed in the middle of the daily range, in addition managed to close within the previous day range, which suggests being clearly neutral, neither side is showing control.

The pair closed below all three moving averages 10, 50 and the 200-day that should act as dynamic resistances.

The key levels to watch are: a 61.8% Fibonacci retracement at 1.1347 (resistance), a daily resistance at 1.1237, the 200-day moving average at 1.1197 (resistance), and a daily support at 1.1097.
 
EUR/USD bounced off 1.1210 after its move to the upside yesterday and currently it is back to testing the support at 1.1180 - 1.1170, I doubt we will see any major changes before the fundamentals tomorrow.
 
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