EUR/USD at the 1.3800 level.

I agree, the EUR/USD descent continued today and the pair will soon reach the support at 1.1000, coinciding with the (89)MA on the daily filter chart. However, I think it's very possible for the pair to break below that support and continue falling for the foreseeable future.

A break below 1.1050 region is required to confirm a further bearish continuation towards the 1.100 figure.
 
EURUSD fell on yesterday session for the third day in a row but this time with a narrow range and closed near the middle of the daily range. The currency made its low at 1.1058 a Fibonacci retracement of 38.2 this suggests that is going to a consolidation mode within a daily support zone from 1.1237 down to 1.1097.
 
EUR/USD failed to break below the support at 1.1050 and moved to the upside again, but the shooting star candlestick in the four hour filter chart is an indication that the pair will likely attempt to test that support again soon.
 
USD is seriously rising against the EUR for a third day, approaching to significantly important level around 89-day moving average located at the psychological level at 1.1000.The strong downward movement in the direction of long-term trend increases the probability of breaking the current resistance at 1.1000. In fall below this level, the long-term advantage of the dollar will be confirmed.
 
The EUR/USD under strong sell in the market today while the expectations of the continuous bearish trend, but the pair still above the 1.1050 support level.
 
The market is calm today before tomorrows 2 speeches from Draghi and Yellen. EUR/USD open an close prices today are very narrow.
 
The 55 Day exponential moving average on the EURUSD along with the 1.1100 level could act as support, but a breakdown of that level could accelerate the bearish momentum.
 
EURUSD tried to rally but found enough selling pressure near the 1.1186 Fibonacci level to give all its gains back and closed in the green near the open of the day, creating an inverted hammer pattern. This pattern is considered bullish so we may expect another push upward today.
 
As the USD strengthen, the EUR/USD testing the 1.1100 after falling from the 1.1200 level today, I thing the bullish will be next week.
 
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