EUR/USD at the 1.3800 level.

[honeill]

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

The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is trading above the 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 1.2372 (resistance), a daily resistance at 1.2287, a daily support at 1.2115 and a daily support at 1.2041.

 

[idimitrov]

On Friday, the US dollar moved to growth against other major currencies after the US Congress voted for an agreement on the parameters of the federal budget for the next two years, ending a short suspension of the government.
The euro remained stable: the pair EUR/USD slightly fluctuated at position 1.2242.

 

[honeill]

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

The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is trading above the 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 1.2342 (resistance), a daily resistance at 1.2287, a daily support at 1.2115 and a daily support at 1.2041.

 

[AngieB]

Since last Wednesday the EUR/USD is trading within tight range. The upside remains capped by the 1.23 level and despite the short term neutral outlook, the risk leans toward the downside.

 

[honeill]

On yesterday session, the EURUSD initially rose with a narrow range and closed near the high of the day, in addition managed to close above Friday’s high, which suggests a strong bullish momentum.

The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is trading above the 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 1.2326 (resistance), 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 rallied with a wide range and closed near the high of the day, in addition managed to close above Mondays’ high, which suggests a strong bullish momentum.

The currency pair closed above the 10-day moving average that should provide dynamic support and is also trading above the 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 1.2318 (support), a daily support at 1.2287, a daily support at 1.2115 and a daily support at 1.2041.

 

[honeill]

On the last Friday’s session, the EURUSD initially fell but found enough support at 1.2287 to trim all of its losses and closed near the high of the day, in addition managed to close above Tuesdays’ high, which suggests a strong bullish momentum.

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

The key levels to watch: a daily resistance at 1.2576, daily support at 1.2432, the 10-day moving average at 1.2334 (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 rose with a narrow ranger but closed near the high of the day, in addition managed to close above Wednesday’s high, which suggests a strong bullish momentum.

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

The key levels to watch: a daily resistance at 1.2754, other daily resistance at 1.2576, daily support at 1.2432, the 10-day moving average at 1.2350 (support), a daily support at 1.2287 and daily support at 1.2115.

 

[idimitrov]

The single currency recorded an increase against the US dollar on Thursday. The session started at a price of 1.2449 and it closed the day with an increase of 56 pips. The price managed to break the resistance at 1.2490 and if the pair continued its upward movement, the level at 1.2565 would likely be tested. On the downside, the pair will head for support at 1.2405.

 

[izzy_63]

The pair has lost its gains and found important support zone at 1.240/39.