EUR/USD at the 1.3800 level.

Eur/Usd starts the week with a bullish gap, the pair seems to extend its consolidation movement above 1.17 level.
 
On the last Friday’s session, the EURUSD took a nosedive with a wide range and closed near the low of the day, in addition, managed to close below Thursday’s low, which suggests a strong bearish momentum.

The currency pair continues to trade below the 10, the 50 and the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: a daily resistance at 1.2041, the 10-day moving average at 1.1762 (resistance), January low at 1.1915 (resistance), a daily resistance at 1.1829 and a daily resistance at 1.1753, a key level at 1.1684 (resistance) and a daily support at 1.1555.
 
On yesterday session, the EURUSD initially fell with a wide range and closed near the low of the day, in addition, managed to close below Friday’s low, which suggests a strong bearish momentum.

The currency pair continues to trade below the 10, the 50 and the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829 and a daily resistance at 1.1753, the 10-day moving average at 1.1705 (resistance), a key level at 1.1684 (resistance), a daily support at 1.1555 and other daily support at 1.1460.
 
EUR/USD continues to drift lower. Below the daily low at 1.1509, the next possible bearish target is provided by the 2015 and 2017 bottoms around 1.1440 area.
 
Euro/dollar continued its bearish momentum yesterday, reaching the bottom at 1.1510. The outlook remains bearish for testing the June minimum at 1.1445. Intra-day resistance we have around 1.1600 - 1.1630. A clear breakthrough over it could take the price to a neutral zone, but I stay in the bears camp. And any upward pressure could be seen as a good sales opportunity. On the downside, a clear breakthrough and a daily closure below 1.1445 will give a new target for the bears in the area of 1.1300 this week.
 
On yesterday session, the EURUSD fell with a wide range 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 continues to trade below the 10, the 50 and the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829 and a daily resistance at 1.1753, the 10-day moving average at 1.1686 (resistance), a key level at 1.1684 (resistance), a daily support at 1.1555 and other daily support at 1.1460.
 
The single currency declined against the US dollar on Tuesday. The currency pair opened at 1.1623 and ended at 1.1538. The single currency fell sharply after the political turmoil in Italy, reaching a 10-month low of 1.1509. After a successful break in support at 1.1555, we would expect the pair to test the 1.1474 level.
 
On yesterday session, the EURUSD rallied with a wide range 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 continues to trade below the 10, the 50 and the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829 and a daily resistance at 1.1753, the 10-day moving average at 1.1688 (resistance), a key level at 1.1684 (resistance), a daily support at 1.1555 and other daily support at 1.1460.
 
EUR/USD has settled around 1.1670 after bulls met resistance today at 32.8% Fibo at 1.70. The pair is very hesistant due to Trump's tariffs and Italian deal. And NFP tomorrow add additional uncertainty.
 
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