EUR/USD at the 1.3800 level.

[izzy_63]

On the upside, 1.150 act as a critical resistance level, but still long way off. The upward trend might continue in the short term.

 

[AngieB]

EUR/USD closed lower for a second consecutive day Friday, as the extreme overbought conditions together with some positive risk-related headers brought the chance for profits. The pair closed at 1.1437, slightly up on weekly basis, but reversing a three-week losing streak and after bottoming at 1.1300. Technically the pair is in corrective mode and yet far from bullish stance.

 

[fxstrategist]

The pullback on the EURUSD has taken the price above the 1.1500 level and it is getting closer to the 55 day EMA around the 1.1600 level.

 

[deresel]

The pair is nearing important resistance - 1,1600, so I'm going out of the market.

 

[deresel]

The EUR/USD continued its inertia yesterday, reaching a peak at 1.1622, but traded lower during the Asian session, hitting 1.1542. Expectations are neutral, probably with slight downside signals for testing the support at 1.1500. Overall, the price is still in the upward correction phase, but the 1.1570 - 1.1630 remains a good place for short positions with narrow stops above 1.1630. Downwards, a clear breakthrough of at least 1.1500 is required for a potential end of the current bullish correction phase and for keeping the main bearish trend in place.

 

[izzy_63]

Euro seems to continue benefiting from Dollar's weakness, the immediate resistance level can be found at 1.1640 and follow by 1.669, 1.700.

 

[deresel]

EUR/USD: A correction to 1.1600 is on the agenda. Then: 1.1650. At least.

 

[izzy_63]

After minor kickback, the pair continues its bullish trend, immediate resistance can be found at 1.169/70, and follow by the critical level at 1.1750.

 

[fxstrategist]

Bullish continuation on the EUR/USD. The EUR/USD accelerates its bullish momentum above its 55 day EMA, which is around the 1.1600 level. If the pair continues rallying, then the 200 day EMA (blue line) at the 1.1800 zone could act as resistance. On the other hand, a bearish pullback could take the price to the 1.1600 zone which could act as support. Below the 1.1600 level, any round number level to the 1.1300 zone could act as support. A breakout above the 1.1800 level could signal a trend reversal and a breakdown below the 1.1300 level could indicate a continuation of its bearish trend.

 

[deresel]

EUR/USD: 1.1720 is a good resistance. The possibility for some downside correction is good. I'll wait to see.