EUR/USD at the 1.3800 level.

[honeill]

On yesterday session, the EURUSD initial fell but found enough buying pressure to reverse 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 closed above the 50-day moving average, that should provide a dynamic support, nonetheless, it continues to trade below the 10 and the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1638 (resistance), the 50-day moving average at 1.1597 (support), a daily support at 1.1555, other daily support at 1.1459.

 

[idimitrov]

Agree. I am waiting the pair to go above 1.1620 to open a long position.

I've closed the position with a small profit, as the growth seems limited.

 

[deresel]

Let's see what NFP brings us today. Forecasts are very mixed, surprises are not excluded.

 

[honeill]

On yesterday session, the EURUSD went back and forward without any clear direction and closed in the middle of the daily range, in addition, managed to close within Wednesday’s range, which suggests being clearly neutral, neither side is showing control.

The currency pair closed above the 50-day moving average, that should provide a dynamic support, nonetheless, it continues to trade below the 10 and the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1635 (resistance), the 50-day moving average at 1.1597 (support), a daily support at 1.1555, other daily support at 1.1459.

 

[izzy_63]

Strong US dollar sent Eur/Usd further down to 1.155 level, the pair's upside is limited to 1.165 level, on the downside, extend decline only can be confirmed if there is break below the support level at 1.1520/25.

 

[idimitrov]

The euro fell against the US dollar on Friday. By the close of US trading, EUR / USD was trading at 1.1553, losing 0.59%. I believe that support is now at 1.1528, Tuesday's low, and resistance is likely at 1.1660, Thursday's high.

 

[deresel]

Upbeat NFP pushed EUR/USD down. If the pair pierce 1.1535, we should expect August lows - 1.1400, followed by 1.1300.

 

[honeill]

On the last Friday’s session, the EURUSD dived with a wide range and close near the low of the day, in addition, managed to close below Thursday’s low, which suggests a strong bearish momentum.

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

The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1598 (resistance), the 50-day moving average at 1.1590 (resistance), a daily support at 1.1555, other daily support at 1.1459.

 

[idimitrov]

Current levels (1.1607) are perfect for opening a short position. Half of the position is opened now. Other 50% - at a level of 1.1620. Wish me luck!

 

[honeill]

On yesterday session, the EURUSD tried to fell but found enough support to rally back up and closed near the high of the day, however, closed within Friday’s range, which suggests being slightly on the bullish side of neutral.

The currency pair closed above the 50-day moving average, that should provide a dynamic support, nonetheless, it continues to trade below the 10 and the 200-day moving averages that should provide dynamic resistance.

The key levels to watch: daily resistance at 1.1753, a key level at 1.1684 (resistance), the 10-day moving average at 1.1593 (resistance), the 50-day moving average at 1.1589 (support), a daily support at 1.1555, other daily support at 1.1459.