EUR/USD at the 1.3800 level.
- Thread starter fxstrategist
- Start date
The euro marked a slight decrease against the dollar on Tuesday. The pair remained close to the level of the first resistance at 1.1879 and if the bullish moods prevail in the future, it will be overcome. The session started at 1.1867 and the final was 10 pips down. The pair ranged in a narrow range, with the difference between the highest and lowest values ??for the day being 32 pips.
honeill
Sergeant
- Messages
- 1,126
On yesterday session, the EURUSD rallied with a wide range and closed near the high of the day, in addition managed to close above previous day 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: a daily resistance at 1.2115, other daily resistance at 1.2041, a Fibonacci retracement at 1.1995, other Fibonacci retracement at 1.1942 and the 10-day moving average at 1.1940 (support).
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch: a daily resistance at 1.2115, other daily resistance at 1.2041, a Fibonacci retracement at 1.1995, other Fibonacci retracement at 1.1942 and the 10-day moving average at 1.1940 (support).
honeill
Sergeant
- Messages
- 1,126
On yesterday session, the EURUSD fell with a narrow range but managed to close near the low of the day, however closed within previous day range, which suggests being slightly on the bearish 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: a daily resistance at 1.2115, other daily resistance at 1.2041, a Fibonacci retracement at 1.1995, the 10-day moving average at 1.1955 (support) and other Fibonacci retracement at 1.1942.
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch: a daily resistance at 1.2115, other daily resistance at 1.2041, a Fibonacci retracement at 1.1995, the 10-day moving average at 1.1955 (support) and other Fibonacci retracement at 1.1942.
The single currency recorded an increase against the US dollar on Thursday. The session started at 1.2013 and ended 54 pips higher. Daytime extreme values ??were reached at 1,2004 and 1,2088 respectively. If the upward trend continues, we can expect a second resistance test at 1.2260.
honeill
Sergeant
- Messages
- 1,126
On yesterday session, the EURUSD rose with a wide range and closed near the high of the day, in addition managed to close above Wednesday 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: a daily resistance at 1.2115, other daily resistance at 1.2041, a Fibonacci retracement at 1.1995, the 10-day moving average at 1.1978 (support) and other Fibonacci retracement at 1.1942.
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch: a daily resistance at 1.2115, other daily resistance at 1.2041, a Fibonacci retracement at 1.1995, the 10-day moving average at 1.1978 (support) and other Fibonacci retracement at 1.1942.
