EUR/USD at the 1.3800 level.

[csc2009]

There are no important data scheduled the coming week in Europe and US, focus stay on political headlines, another word: ''Trump''.

 

[Fxwes]

The EUR/USD pair closer lower last week in correction mode. In case of continuation of the downwad trend, we may expect break of the support line at 1.0550.

 

[honeill]

On the last Friday’s session the EURUSD initially fell but found enough buying pressure around the 50-day moving average to trim some of its losses and closed in the middle of the daily range, although the currency pair managed to close below Thursday’s range, which suggests a bearish momentum.

The currency pair is trading above the 50-day moving average that should act as dynamic support plus remains trading below the 10 and 200-day moving averages both should act as dynamic resistances.

The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, the 10-day moving average at 1.0730 (resistance), a daily support at 1.0622, the 50-day moving average at 1.0598 (support) and a daily support at 1.0462.

 

[victoriajensen]

The pair is still testing the support at 1.0600, but I don't expect a breakout before the fundamentals later this week.

 

[honeill]

On yesterday session, the EURUSD initially rose but found enough selling pressure at Friday’s open to reverse and close near the low of the day, in addition the currency pair managed to close below Friday’s low, which suggests a strong bearish momentum.

The currency pair closed shy below the 50-day moving average that should act as dynamic support plus remains trading below the 10 and 200-day moving averages both should act as dynamic resistances.

The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, the 10-day moving average at 1.0697 (resistance), a daily support at 1.0622, the 50-day moving average at 1.0599 (support) and a daily support at 1.0462.

 

[Fxwes]

The EUR/USD pair broke below the bullish channel and the 200-day SMA. Further downward pressure might be increased in case of crossing below yesterday’s low at 1.0590.

 

[Fxwes]

EUR/USD is trading lower, having bottomed yesterday at 1.0560 and closing at 1.0577. The pair is vulnerable to the downside with first support seen at 1.0550. In case of breakdown next bears target is 1.0511.

 

[honeill]

On yesterday session, the EURUSD initially rose but found enough selling pressure at 1.0622 daily resistance to reverse and close near the low of the day, in addition the currency pair managed to close below Monday’s low, which suggests a strong bearish momentum.

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

The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, the 10-day moving average at 1.0678 (resistance), a daily resistance at 1.0622, the 50-day moving average at 1.0602 (resistance) and a daily support at 1.0462.

 

[victoriajensen]

EUR/USD found some support at 1.0520 but the move to the downside will likely continue. A breakout below that level will probably lead to a further drop towards 1.0440.

 

[fxstrategist]

The EURUSD tries to bounce to the upside, it could try to change direction to the upside, but the bearish trend is still in place.