EUR/USD at the 1.3800 level.

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

The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.

The key levels to watch are: a daily resistance 1.2041, a key level at 1.1965 (resistance) other Key level at 1.1880 (support), a daily support at 1.1829, the 10-day moving average at 1.1796 (support).
 
EUR/USD found some resistance at 1.1960 and bounced off from it, but that is likely temporary. If the move to the upside continues the pair will probably rally above 1.2000.
 
The rally on the EURUSD may continue even with today's pullback. For now the 1.1900 may act as support, but a breakdown of that level could take the pair to the 1.1800 level.
 
EUR/USD maked today a fresh two-months high at 1.1960, but retreated to currently trade at 1.1900. Despite the pullback retains its bullish stance in the short term. Bearish danger could be seen only if the pair meets the immediate support at 1.1890.
 
On yesterday session, the EURUSD initially rallied but found enough selling pressure to rub out all of its initial gains and closed near the low of the day, however the currency pair managed to close within Friday’s range, which suggests being slightly on the bearish side of neutral.

The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.

The key levels to watch are: a daily resistance 1.2041, a key level at 1.1965 (resistance) other Key level at 1.1880 (support), the 10-day moving average at 1.1837 (support) and a daily support at 1.1829.
 
The euro recorded a volatile session against the dollar on Monday. Ultimately, trade ended in favor of the US currency. If the bullish moods prevail, the pair will test the resistance at 1.1979 soon. The new week started at 1.1924, and the trend was upwards at the beginning. After the peak of the day was hit at 1.1960, the direction changed and the final was set at 1.1897.
 
EUR/USD is short term bearish, beyond 1.1860 the corrective mode might extend towards 1.1830-1.1820.
 
On yesterday session, the EURUSD fell with a wide range and closed near the low of the range, in addition the currency pair managed to close below Monday’s low, which suggests a strong bearish momentum.

The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.

The key levels to watch are: a daily resistance 1.2041, a key level at 1.1965 (resistance) other Key level at 1.1880 (support), the 10-day moving average at 1.1837 (support) and a daily support at 1.1829.
 
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