EUR/USD at the 1.3800 level.

[honeill]

On yesterday session, the EURUSD dropped with a wide range and closed near the low of the day, in addition managed to close below Tuesdays’ low, which suggests a strong bearish momentum.

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

The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (resistance), the 10-day moving average at 1.2342 (resistance), the 50-day moving average at 1.2341 (resistance), a daily support at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).

 

[honeill]

On yesterday session, the EURUSD went back and forward without any clear direction but closed in the middle of the daily range, in addition managed to close below Wednesday’s low, which suggests a bearish momentum.

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

The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (resistance), the 10-day moving average at 1.2342 (resistance), the 50-day moving average at 1.2341 (resistance), a daily support at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).

 

[izzy_63]

Eur/Usd will probably continue to consolidate around 1.23 level due to the holidays.

 

[izzy_63]

GBP/Usd is still holding above 1.40 level, but bearly. Only break below this psychological level would continue to drag the pair downward.

 

[AngieB]

EUR/USD entered into bullish consolidation zone around 1.2320-1.2330. Expecting a test of 1.2335-1.2340 next week.

 

[honeill]

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

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

The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (resistance), the 10-day moving average at 1.2345 (resistance), the 50-day moving average at 1.2333 (resistance), a daily support at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).

 

[honeill]

On yesterday session, the EURUSD fell with a narrow range and closed near the low of the day, although managed to close within Friday’s range, which suggests bearish momentum.

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

The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (resistance), the 10-day moving average at 1.2344 (resistance), the 50-day moving average at 1.2330 (resistance), a daily support at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).

 

[honeill]

On yesterday session, the EURUSD initially tried to rally but found enough resistance at 50-day moving average to reverse and closed near the low of the day, in addition managed to close below Mondays’ low, which suggests a strong bearish momentum.

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

The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (resistance), the 10-day moving average at 1.2333 (resistance), the 50-day moving average at 1.2328 (resistance), a daily support at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).

 

[honeill]

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

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

The key levels to watch: a daily resistance at 1.2510, a daily resistance at 1.2432, a key level at 1.2367 (resistance), the 50-day moving average at 1.2325 (resistance), the 10-day moving average at 1.2324 (resistance), a daily resistance at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).

 

[AngieB]

EUR/USD is trading lower around the defensive area 1.2220-1.2240. The pair remains under pressure ahead of NFP and will keep its wait and see mode until the release of the data.