EUR/USD at the 1.3800 level.

[Fxwes]

After Draghi today the EUR/USD plunged to currently trade around 1.17. I think the pair will extend its decline towards the support at 1.1690 and in case of breaking it, next bearish challenge will be 1.1660.

 

[victoriajensen]

EUR/USD is testing the support at 1.1670 which coincides with the (MA)89 indicator on the daily time-frame. A breakout below that level will probably lead to a further move to the downside towards 1.1600.

 

[honeill]

On yesterday session, the EURUSD dived with an extreme wide range and closed near the low of the day, in addition the currency pair managed to close below Wednesday’s low, which suggests a strong bearish momentum.

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

The key levels to watch are: the 10-day moving average at 1.1757 (resistance), a daily resistance at 1.1753, a key level at 1.1684 (resistance), the 1st head and shoulders target at 1.1593 (support), a daily support at 1.1558 and other daily support at 1.1460.

 

[Fxwes]

EUR/USD plummeted after Draghi&Co and now has entered into bearish consolidation. US GDP ahead, let’s see how it will affect the pair.

 

[victoriajensen]

EUR/USD is still very bearish and it may remain so next week. If it does the next target could be around 1.1400, even 1.1350.

 

[csc2009]

I'm expecting some upward correction movement, but as long as Eur/Usd remain below 1.1620 level, the pair bearish trend would extended.

 

[honeill]

On the last Friday’s session the EURUSD fell with a narrow range and closed in the middle of the daily range, however the currency pair managed to close below Thursday’s low, which suggests bearish momentum.

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

The key levels to watch are: a daily resistance at 1.1753, the 10-day moving average at 1.1722 (resistance), a key level at 1.1684 (resistance), the 1st head and shoulders target at 1.1593 (support), a daily support at 1.1558 and other daily support at 1.1460.

 

[victoriajensen]

I'm expecting some upward correction movement, but as long as Eur/Usd remain below 1.1620 level, the pair bearish trend would extended.

It did break out above 1.1620 and it could even move to the upside towards 1.1670, but the bearish trend is likely not over yet.

 

[honeill]

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

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

The key levels to watch are: a daily resistance at 1.1753, the 10-day moving average at 1.1700 (resistance), a key level at 1.1684 (resistance), the 1st head and shoulders target at 1.1593 (support), a daily support at 1.1558 and other daily support at 1.1460.

 

[csc2009]

Eur/Usd has entred another consolidation range between support 1.1570 and resistance 1.1650/60. The pair remains bearish long-term.