EUR/USD at the 1.3800 level.

[honeill]

On yesterday session, the EURUSD fell with a wide range and closed near the low of the day, in addition the currency pair succeeded to close below Monday’s low, which suggests a strong bearish momentum.

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

The key levels to watch are: a key level at 1.1965 (resistance), the 10-day moving average at 1.1793 (resistance), the 50-day moving average at 1.1751 (resistance), a daily resistance at 1.1753, a key level at 1.1684 (support) and other key level at 1.1593 (support).

 

[kentik]

Euro tested the Daily support, so now we may see a retracement

 

[bigdolly]

Euro tested the Daily support, so now we may see a retracement

Dollar should plunge after the Fed, Yellen is expected to be dovish before quitting the post..

 

[honeill]

On yesterday session, the EURUSD rallied with a wide range and closed near the high of the day, furthermore the currency pair managed to close above Tuesday high, which suggests a strong bullish momentum.

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 key level at 1.1965 (resistance), the 10-day moving average at 1.1798 (support), the 50-day moving average at 1.1754 (support), a daily support at 1.1753, a key level at 1.1684 (support) and other key level at 1.1593 (support).

 

[kentik]

EURUSD is in the downtrend now on the Daily tf since last broken level is support, so new selling positions may be relevant as soon as such signals appear

 

[honeill]

On yesterday session, the EURUSD initially rose but found enough selling pressure to erase all of its gains and closed near the low of the day however, the currency pair managed to close within Wednesdays’ range, which suggests being slightly on the bearish side of neutral.

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

The key levels to watch are: a key level at 1.1965 (resistance), a daily resistance at 1.1829, the 10-day moving average at 1.1784 (resistance), the 50-day moving average at 1.1753 (support), a daily support at 1.1753, a key level at 1.1684 (support) and other key level at 1.1593 (support).

 

[izzy_63]

Short term, the pair continue towards the downside and found support level at 1.1715. With holidays are coming, I'm expecting volumes to shrink.

 

[kentik]

EURUSD couldn't break the next support level on the Daily that made the pair to go up. New resistance can be hit at 1.1825

 

[deresel]

On the last trading day of the week, which can be called the last full trading day before the Christmas holidays, trading activity declined. In addition, I do not exclude opening trades on Tuesday with price gaps for most instruments.

 

[deresel]

Key levels to watch for:
Support: 1.1735; 1.1670;
Resistance: 1.1875; 1.2000;