EUR/USD at the 1.3800 level.

[honeill]

On yesterday session, the EURUSD dived 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-day moving average furthermore is trading below the 50 and the 200-day moving averages, all should provide a dynamic resistance.

The key levels to watch: daily resistance at 1.1829, 61.8 Fibonacci expansion at 1.1795 (resistance), daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1613 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1544 (resistance) and a daily support at 1.1459 and a 2018 low at 1.1300 (support).

 

[honeill]

On yesterday session, the EURUSD tried to rise but found enough resistance near the 10-day moving average to give back all of its gains and closed near the low of the day, in addition, managed to close below Wednesday’s low, which suggests a strong bearish momentum.

The currency pair is trading below the 10, 50 and the 200-day moving averages, all should provide a dynamic resistance.

The key levels to watch: daily resistance at 1.1829, 61.8 Fibonacci expansion at 1.1795 (resistance), daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1607 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1526 (resistance) and a daily resistance at 1.1459 and a 2018 low at 1.1300 (support).

 

[deresel]

EUR/USD: The pair found support at 1.1440. Next figure to consider is 1.1600.

 

[bigdolly]

EUR/USD: The pair found support at 1.1440. Next figure to consider is 1.1600.

Why do you think we have to go long this pair? Italy crisis won't probably let the euro lift for some time

 

[idimitrov]

The euro rose against the US dollar on Friday. By the close of US trading, EUR / USD was trading at 1.1514, adding 0.52%. I believe that support is now at around 1.1433, Friday's trading low, and resistance is likely at the level of 1.1623, Tuesday's maximum.

 

[izzy_63]

Eur/Usd has lost its upside momentum, the pair is trading almost flat around 1.1512 level. Immediate resistance can be found at 1.1535 and support level lies at 1.1430.

 

[deresel]

Why do you think we have to go long this pair? Italy crisis won't probably let the euro lift for some time

EUR/USD: On Friday the pair rose by 0.52% to 1.1513, recovering from the 1.1433 minimum. The euro received support after Bloomberg reported that British Prime Minister Theresa May was ready to abandon the basic requirement for inspection of cargo on the Irish border. The question of the border with Ireland is one of the main obstacles to the signing of an agreement on Brexit between the EU and the UK.

 

[honeill]

On the last Friday’s session, the EURUSD initially fell but found enough buying pressure near 1.1432 (October low) to reverse and closed near the high of the day, however, managed to close within Thursday’s range, which suggests being slightly on the bullish side of neutral.

The currency pair is trading below the 10, 50 and the 200-day moving averages, all should provide a dynamic resistance.

The key levels to watch: daily resistance at 1.1829, 61.8 Fibonacci expansion at 1.1795 (resistance), daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1605 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1533 (resistance) and a daily resistance at 1.1459 and a 2018 low at 1.1300 (support).

 

[idimitrov]

The euro fell against the US dollar on Monday. By the close of US trading, EUR / USD was trading at 1.1464, losing 0.43%. I believe that support is now at 1.1433, Friday's low, and resistance is likely at the level of 1.1585, the maximum of Wednesday.

 

[honeill]

On yesterday session, the EURUSD initially rallied with a narrow range but found enough selling pressure near 10-day moving average to erase all of its gains and closed near the low of the day, however, closed within Friday’s range, which suggests being slightly on the bearish side of neutral.

The currency pair is trading below the 10, 50 and the 200-day moving averages, all should provide a dynamic resistance.

The key levels to watch: daily resistance at 1.1829, 61.8 Fibonacci expansion at 1.1795 (resistance), daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1601 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1518 (resistance) and a daily support at 1.1459 and a 2018 low at 1.1300 (support).