EUR/USD at the 1.3800 level.

[honeill]

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 closed shy below the 10 and 50-day moving averages that should act now as dynamic resistances nonetheless is still trading below the 200-day moving average that should provide a dynamic resistance.

The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 10-day moving average at 1.1384 (resistance), the 50-day moving average at 1.1362 (resistance), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).

 

[Winjak]

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 closed shy below the 10 and 50-day moving averages that should act now as dynamic resistances nonetheless is still trading below the 200-day moving average that should provide a dynamic resistance.

The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 10-day moving average at 1.1384 (resistance), the 50-day moving average at 1.1362 (resistance), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).

it should remain stable during the Christmas holidays

 

[honeill]

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

The currency pair closed above the 10 and 50-day moving averages that should act now as dynamic supports nonetheless is still trading below the 200-day moving average that should provide a dynamic resistance.

The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 10-day moving average at 1.1399 (support), the 50-day moving average at 1.1365 (support), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).

 

[honeill]

On the last Friday’s session, the EURUSD initially rallied with a narrow range but found enough resistance near 1.1460 to trim most of its gains, consequently closed near the low of the day, in addition, managed to close within Thursday range, which suggests being slightly on the bearish side of neutral.

The currency pair is trading above the 10 and 50-day moving averages that should act now as dynamic supports nonetheless is still trading below the 200-day moving average that should provide a dynamic resistance.

The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 10-day moving average at 1.1410 (support), the 50-day moving average at 1.1367 (support), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).

 

[honeill]

On Monday session, the EURUSD initially fell but found enough buying pressure at 1.1421 to erase all of its losses and closed near the high of the day, however, managed to close within Fridays’ range, which suggests being slightly on the bullish side of neutral.

The currency pair is trading above the 10 and 50-day moving averages that should act now as dynamic supports nonetheless is still trading below the 200-day moving average that should provide a dynamic resistance.

The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 10-day moving average at 1.1419 (support), the 50-day moving average at 1.1369 (support), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).

 

[honeill]

On Wednesday session, the EURUSD dived 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 closed below the 10 and 50-day moving averages that should act now as dynamic resistance nonetheless is still trading below the 200-day moving average that should provide a dynamic resistance.

The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 10-day moving average at 1.1409 (resistance), the 50-day moving average at 1.1366 (resistance), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).

 

[fxstrategist]

The EURUSD is oscillating around the 1.1400 level where we can also find the 55 day EMA. From the current position, the EURUSD may head in any direction. The 1.1500 level is its most relevant resistance and the 1.1300 level is its most relevant support.

 

[honeill]

On Thursday session, the EURUSD initially fell but found enough support near the 1.1300 handle to trim all of its losses and closed near the high of the day, however, closed within Wednesday’ range, which suggests being slightly on the bullish side of neutral.

The currency pair closed above 50-day moving average that should act now as dynamic support nonetheless is still trading below the 10 and 200-day moving averages that should provide a dynamic resistance.


The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 10-day moving average at 1.1412 (resistance), the 50-day moving average at 1.1366 (support), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).

 

[honeill]

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

The currency pair traded above 50-day moving average that should act now as dynamic support nonetheless is still trading below the 10 and 200-day moving averages that should provide a dynamic resistance.

The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 10-day moving average at 1.1418 (resistance), the 50-day moving average at 1.1368 (support), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).

 

[honeill]

On Monday session, the EURUSD rallied with a wide range although with just above average volume and closed near the high of the day, in addition, managed to close above Fridays’ high, which suggests a strong bullish momentum.

The currency pair closed above the 10-day moving average and is also trading above 50-day moving average both should act as dynamic supports nonetheless is still trading below the 200-day moving average that should provide a dynamic resistance.

The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 10-day moving average at 1.1423 (support), the 50-day moving average at 1.1372 (support), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).