EUR/USD at the 1.3800 level.

[deresel]

Key levels to watch for:
Support: 1.0550; 1.0370;
Resistance: 1.0815; 1.0980.

 

[victoriajensen]

EUR/USD has been moving to the downside ever since it broke out below the support at 1.0585. Next target is likely the previous low at 1.0494.

 

[Fxwes]

EUR/USD is moving to downside and currently is trading at weekly lows around 1.0535 – 1.0530. The euro is under pressure ahead of the ECB meeting, while the US dollar is generally stronger. As no surprised from ECB are expected, the pair is more likely to move even lower towards the 1.0500 handle.

 

[honeill]

On yesterday session, the EURUSD fell but with a narrow range and closed near the low of the day, in addition managed to closed below Tuesday’s low, which suggests a strong bearish momentum.

The currency pair continues to trade 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 50-day moving average at 1.0644 (resistance), a daily resistance at 1.0622, the 10-day moving average at 1.0569 (resistance) a daily support at 1.0527 and other daily support at 1.0462.

 

[honeill]

On yesterday session, the EURUSD initially fell but found enough support at 1.0527 to reverse and closed in the middle of the daily range, in addition managed to close within Wednesday’s range, which suggests being clearly neutral, neither side is showing control.

The currency pair closed above the 10-day moving average that should provide a dynamic support but continues to trade below the 50 and 200-day moving averages that should act as dynamic resistances.

The key levels to watch are: a daily resistance at 1.0900, other daily resistance at 1.0819, the 50-day moving average at 1.0644 (resistance), a daily resistance at 1.0622, the 10-day moving average at 1.0571 (support) a daily support at 1.0527 and other daily support at 1.0462.

 

[victoriajensen]

The fundamentals today pushed EUR/USD to the upside. The pair will likely reach at least 1.0680, which is the (MA)89 indicator on the daily time-frame.

 

[Fxwes]

EUR/USD moved higher afer the US macro data released on Friday. The pair marked 3-week high, but yet remains capped by the major resistance at 1.0700.

 

[idimitrov]

The euro rose against the US dollar on Friday. By the close of US trading, EUR/USD was trading at 1,0678, gaining 0.96%. I believe that support is now at around 1.0523, Thursday's low, and resistance is likely at 1.0699, the high of Friday's trading.

 

[csc2009]

Break above the key resistance zone 1.0700/10 would confirm further upward trend extension.

 

[fxstrategist]

The 1.0700 zone may act as resitance on the EURUSD, we may see a possible pullback from that zone.