EUR/USD at the 1.3800 level.

[victoriajensen]

EUR/USD is consolidating above the support at 1.1030 in waiting of the election results. Whatever they are, one thing is for certain - they will cause a lot of volatility.

 

[Fxwes]

Today the EUR/USD is feeling under great pressure and the pair fell to previous lows and was testing the 1.1010 level. Clinton’s victory might drive the pair downwards to October 25th low at 1.0850.Indicators are placed within negative territory. RSI is currently at around 36% level and stochastic is showing oversold market, both confirming the bearish trend. Anyway the elections results have the last saying and the pair’s direction is still being uncertain.

 

[honeill]

Yesterday the EURUSD fell with a narrow range and closed near the low of the day, in addition the pair managed to close below previous day low, which suggests a strong bearish momentum.

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

The key levels to watch are: the 200-day moving average at 1.1195 (resistance), a Fibonacci retracement at 1.1181 (resistance), the 50-day moving average at 1.1097 (resistance), a daily support at 1.1097 and the 10-day moving average at 1.1047 (support).

 

[victoriajensen]

The election results caused a massive whipsaw on the EUR/USD pair. I expected the sharp move to the upside, but not so much the quick retracement. Either way, the pair is back under 1.1100 for now.

 

[Fxwes]

The euro marked negative session against the US dollar on Wednesday. After a volatile session the pair lost 116 pips and closed at 1.0908. The pair broke the first resistance at 1.1160 and bounced back from the second resistance at 1.1286. Later the direction reversed and the euro broke both supports located at 1.1160 and 1.0980. If the downward trend continues, next target is seen at 1.0815.

 

[deresel]

On Wednesday, the dollar strengthend growth relative to other currencies as the US currency recovered from losses incurred on the background of the shocking news of the victory of Donald Trump in the presidential elections in the United States. The EUR/USD is now trading at 1.0939, down by 0.83%, falling from a two-month high at 1.1300.

 

[honeill]

Yesterday the EURUSD tried to rally but found enough resistance at 50% Fibonacci retracement to reverse and closed near the low of the day, in addition the pair managed to close below previous day low, which suggests a strong bearish momentum.

The pair is trading below the 10, 50 and the 200-day moving average that should act as dynamic resistances.

The key levels to watch are: Daily resistance at 1.1097, the 50-day moving average at 1.1090 (resistance), the 10-day moving average at 1.1041 (resistance), a daily support at 1.0900, the previous swing low at 1.0851 (support) and 2016 low at 1.0819 (support).

 

[victoriajensen]

EUR/USD continued moving to the downside and today it broke below 1.0900. The pair will likely continue dropping and its next target is probably at 1.0850, which is the previous low.

 

[Fxwes]

The single currency recorded a modest decline against the US dollar on Thursday. The pair lost 19 pips to closing price of 1.0890. In the short-term the outlook remains bearsih, as the pair extends its decline below the moving averages. Technical indicator are showing oversold conditions. Support is seen at 1.0815 and resistance is placed at 1.0980 next at 1.1160.

 

[idimitrov]

The euro rose against the dollar on Friday. By the end of the Asian session, EUR/USD was trading at 1.0911, gaining 0.14%. I believe that the support is now located at the level of 1.0862, the low of Thursday, and resistance is likely at the level of 1.1300 - the maximum of Wednesday.