EUR/USD at the 1.3800 level.

[deresel]

Support: 1.0892; 1.0822;
Resistance: 1.1066; 1.1119.

 

[honeill]

On the last Friday’s session the EURUSD initially fell but found enough buying pressure at 1.0900 daily support to reverse and close near the high of the day, in addition managed to close above the previous day high, suggesting a strong bullish momentum.

The pair is trading above the 10, 50-day moving averages that are acting now as dynamic support however the pair did not had the strength to close above the 200 day moving average.

The key levels to watch are: A daily resistance at 1.1236, other daily resistance at 1.1097, the 200-day moving average at 1.1019 (resistance), 50-day moving average at 1.0993 (support), the 10-day moving average at 1.0947 (support) and a daily support at 1.0900.

 

[deresel]

The dollar fell against most major currencies despite strong employment data in non-agricultural sectors of the US. February new jobs are 242 000. The preliminary estimates of economists was for 198 000. The unemployment rate remain unchanged at 4.9%.

 

[abdul2012]

The EUR/USD is in it's way to the next resistance at 1.1033 today, so stay tune gents.

 

[deresel]

From Goldman Sachs believe that monetary-credit policy will again become the dominant factor in determining the exchange rates, rather than risk appetite. Against this background, the analysts retained its annual forecast for EUR/USD of 0.9500.

 

[victoriajensen]

EUR/USD broke above 1.1000 again and I think we can expect a further move to the upside towards 1.1060.

 

[sherif fares]

EUR/USD is testing resistance level 1.1000, I wont be opening a position till I get a confirmation with the close of the day.

 

[fxstrategist]

The EURUSD is stalling its rally just above the 1.1000 level. On the daily chart we can see that the price may go back down.

 

[honeill]

Yesterday the EURUSD initially fell but found enough support at the 10-day moving average to turn around and closed near the high of the day, however closed within the previous day range, suggesting a weak bullish momentum.

The pair closed above the 10, 50-day moving averages that are acting now as dynamic support however did not managed to close above the 200 day moving average.

The key levels to watch are: A daily resistance at 1.1236, other daily resistance at 1.1097, the 200-day moving average at 1.1020 (resistance), 50-day moving average at 1.0997 (support), the 10-day moving average at 1.0944 (support) and a daily support at 1.0900.

 

[deresel]

Daily levels to watch for:
Support: 1.0892; 1.0822;
Resistance: 1.1066; 1.1119.