EUR/USD at the 1.3800 level.

[honeill]

On yesterday session, the EURUSD initially rose but found enough resistance near the 1.1753 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 closed below the 10 and the 50-day moving averages, both should provide a dynamic resistance, nonetheless, it continues to trade below 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, a daily resistance at 1.1753, the 10-day moving average at 1.1694 (resistance), a key level at 1.1684 (resistance), the 50-day moving average at 1.1676 (resistance), a daily support at 1.1555 and year-to-date low at 1.1509 (support).

 

[AngieB]

EUR/USD is gaining upward traction and is looking to retake 1.1650.

 

[honeill]

On yesterday session, the EURUSD initially fell with a narrow range but found enough buying pressure near Last Fridays low at 1.1612 to rim most of its losses and closed near the high of the day, in addition, managed to close below Tuesdays’ low, which suggests a weak bearish momentum.

The currency pair is trading below the 10 and the 50-day moving averages, both should provide a dynamic resistance, nonetheless, it continues to trade below 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, a daily resistance at 1.1753, the 10-day moving average at 1.1681 (resistance), a key level at 1.1684 (resistance), the 50-day moving average at 1.1673 (resistance), a daily support at 1.1555 and year-to-date low at 1.1509 (support).

 

[honeill]

On yesterday session, the EURUSD initially fell with a wide range but found enough buying pressure to trim all of its losses and closed near the high of the day, in addition, managed to close within Wednesday’s range, which suggests being slightly on the bullish side of neutral.

The currency pair is trading below the 10 and the 50-day moving averages, both should provide a dynamic resistance, nonetheless, it continues to trade below 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, a daily resistance at 1.1753, the 10-day moving average at 1.1675 (resistance), a key level at 1.1684 (resistance), the 50-day moving average at 1.1673 (resistance), a daily support at 1.1555 and year-to-date low at 1.1509 (support).

 

[idimitrov]

The euro rose against the US dollar on Friday. By the close of US trading, EUR / USD is trading at 1.1721, gaining 0.67%. I believe that support is now at 1.1574, Thursday's low, and resistance is likely to come in at 1.1746, Tuesday's high.

 

[honeill]

On the last Friday’s session, the EURUSD rallied a wide range and closed near the high of the day, in addition, managed to close above Thursday’s high, which suggests a strong bullish momentum.

The currency pair closed above the 10 and the 50-day moving averages, both should provide a dynamic support, nonetheless, it continues to trade below 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, a daily resistance at 1.1753, the 10-day moving average at 1.1687 (support), a key level at 1.1684 (support), the 50-day moving average at 1.1676 (support), a daily support at 1.1555 and year-to-date low at 1.1509 (support).

 

[izzy_63]

Eur/Usd extend its downside trend, now is testing immediate support level at 1.1700, break below will open door to next support level at 1.1694, 1.1686.

 

[AngieB]

Fed-related negative mood from late last week keeps holding most majors. EUR/USD is hovering around 1.1700 and currently has settled at 1.1687. The pair continues trading within tight range with no crear clues. On the four hour time frame the price is developing above its flat moving averages. RSI has lost directional strength and is located around its mid-line. Stochastic has turned sharply to downside and is showing strong bearish momentum. Bulls continue the fight for the 1.1700 level although the selling pressure remains strong between 1.1750 and 1.1720. The downside remains supported by 1.1685 and lower at 1.1650. Most likely the big movement will come on Thursday, when the ECB has its monetary policy meeting.

 

[honeill]

On yesterday session, the EURUSD initially rallied but found enough resistance at 1.1753 to erase all of its gains and closed near the low of the day, however, managed to close within Friday’s range, which suggests being slightly on the bearish side of neutral.

The currency pair traded above the 10 and the 50-day moving averages, both should provide a dynamic support, nonetheless, it continues to trade below 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, a daily resistance at 1.1753, a key level at 1.1684 (support), the 10-day moving average at 1.1682 (support), the 50-day moving average at 1.1675 (support), a daily support at 1.1555 and year-to-date low at 1.1509 (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 Mondays’ low, which suggests a bearish momentum.

The currency pair traded above the 10 and the 50-day moving averages, both should provide a dynamic support, nonetheless, it continues to trade below 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, a daily resistance at 1.1753, a key level at 1.1684 (support), the 10-day moving average at 1.1684 (support), the 50-day moving average at 1.1676 (support), a daily support at 1.1555 and year-to-date low at 1.1509 (support).