EUR/USD at the 1.3800 level.

[victoriajensen]

EUR/USD bounced off from 1.1650 and started rallying again. Now the question is whether it will break out above the last high at 1.1775.

 

[Fxwes]

EUR/USD closed above 1.17 for first week since January 2015.The outlook remains bullish and the target for next week will be the region 1.1810/20.

 

[honeill]

On the last Friday’s session the EURUSD rose with a narrow range and closed near the high of the day, however the currency pair closed within Thursday’s range, which suggests being slightly on the bullish side of neutral.

The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.

The key levels to watch are: a daily resistance at 1.1829, other daily resistance at 1.1753, the 10-day moving average at 1.1649 (support), a daily support at 1.1460 and other daily support at 1.1556.

 

[victoriajensen]

Not only did EUR/USD rally again today, but it finally broke out both above the previous high at 1.1775 and above 1.1800. The trend is very bullish and there are no major resistance levels on the way up.

 

[Fxwes]

EUR/USD continued the rally and marked fresh new high today at 1.1830. Short term correction is expected as indicators are showing overbought signals.

 

[honeill]

On yesterday session, the EURUSD rallied again but this time with a wide range and closed near the high of the day, in addition the currency pair closed above Friday’s high, which suggests a strong bullish momentum.

The currency pair continues trading above the 10, 50, and 200-day moving averages that should provide dynamic support.

The key levels to watch are: a daily resistance at 1.1976, other daily resistance at 1.1829, a daily support at 1.1753, the 10-day moving average at 1.1700 (support), a daily support at 1.1460 and other daily support at 1.1556.

 

[victoriajensen]

EUR/USD is consolidating sideways between 1.1800 and 1.1845. The pair is still very bullish and even if there is a brief retracement to the downside it will likely continue rallying.

 

[Fxwes]

After having marked fresh high at 1.838, the EUR/USD lost momentum and is currently trading at 1.1797. Nevertheless it’s early to assume that the pair has started deep correction, as the US dollar remains fragile amid the political jitters.

 

[csc2009]

The pair is consolidating on the upside, still holding yearly high. Break above the immediate resistance level at 1.1845 would open the door to 1.19.

 

[honeill]

On yesterday session, the EURUSD fell with a narrow range and closed near the low of the day, however the currency pair closed within Monday’s range, which suggests a being slightly on the bearish side of neutral.

The currency pair continues trading above the 10, 50, and 200-day moving averages that should provide dynamic support.

The key levels to watch are: a daily resistance at 1.1976, other daily resistance at 1.1829, a daily support at 1.1753, the 10-day moving average at 1.1735 (support), a daily support at 1.1460 and other daily support at 1.1556.