EUR/USD at the 1.3800 level.

[honeill]

On the last Friday’s session, the EURUSD initially tried to rally but found enough selling pressure at 1.2493 to trim half of its gains and closed in the middle of the daily range, in addition the currency pair managed to close within Thursday’s range, which suggests being clearly neutral, neither side is showing control.

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 1.2576, other daily resistance at 1.2432, a daily support at 1.2287, the 10-day moving average at 1.2330 (support), a daily support at 1.2115 and a daily support at 1.2041.

 

[AngieB]

EUR/USD is testing Wednesday’s lows and correction might continue towards 1.2320 – 1.1230 area.

 

[honeill]

On yesterday session, the EURUSD initially fell with a narrow range but found enough support at 10-day moving average to trim half of its losses but closed in the middle of the daily range, in addition managed to close within Friday’s range, which suggests being clearly neutral, neither side is showing control.

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 1.2576, other daily resistance at 1.2432, the 10-day moving average at 1.2345 (support), a daily support at 1.2287, a daily support at 1.2115 and a daily support at 1.2041.

 

[honeill]

On yesterday session, the EURUSD went back and forward without any clear direction, and closed in the middle of the daily range, in addition managed to close within Mondays’ range, which suggests being clearly neutral, neither side is showing control.

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 1.2576, other daily resistance at 1.2432, the 10-day moving average at 1.2367 (support), a daily support at 1.2287, a daily support at 1.2115 and a daily support at 1.2041.

 

[deresel]

The single currency recorded a modest rise over the US dollar on Wednesday. Session started at 1.2401 and finished only 11 pips higher. Daytime extreme values ??were reached at 1.2473 and 1.2386 respectively. In the short term, the outlook remains positive, and the immediate target is 1.2560.

 

[deresel]

Key levels to watch for:
Support: 1.2370; 1.2260; 1.2070;
Resistance: 1.2560;

 

[honeill]

On the last Friday’s session, the EURUSD initially tried to rally but found enough selling pressure at 1.2475 to most of its gains and closed near the low of the day, however managed to close within Tuesdays’ 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 1.2576, other daily resistance at 1.2432, the 10-day moving average at 1.2382 (support), a daily support at 1.2287, a daily support at 1.2115 and a daily support at 1.2041.

 

[AngieB]

EUR/USD is pressuring 1.2500 area ahead of NFP. A key resiatnce is seen at 1.2535, a multi years high, and in case of breaking this level on poor US data, the pair more likely will test 1.2600 before closing the week.

 

[honeill]

On yesterday session, the EURUSD rallied with a wide range and closed near the high of the day, in addition managed to close above Wednesday’s high, which suggests a strong bullish momentum. However, it is at all times high so caution to the upside is advised.

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 1.2576, other daily support at 1.2432, the 10-day moving average at 1.2410 (support), a daily support at 1.2287, a daily support at 1.2115 and a daily support at 1.2041.

 

[AngieB]

US dollar’s bulls are gaining strength on better than expected data. EUR/USD is falling and immediate support at 1.2400 will be tested.