Eur/usd - page 552

New comment
 
The euro registered a new successful session against the dollar on Wednesday. The single currency rose for the fourth consecutive day and thus did not meet the expectations of a price correction. As a result, the resistance at 1.1138 was overcomed. If the bulls continue to dominate, the pair will test the level at 1.1206. Wednesday's trading started at 1.1081, and the euro gained 77 pips to the final. The peak of the day was 1.1161.
 
Key levels to watch for:
Support: 1.0819; 1.0757;
Resistance: 1.1138; 1.1206.
 

The recent political development in US strengthened the greenback and the EUR/USD pair dropped today and the current market price is 1.1110. Moreover US bulls migth gather additional power with the latest hawkish comments from Cleveland Fed President Mester.  

 

On yesterday session, the EURUSD fell with a wide range and closed near the low of the day, however managed to close within Wednesday’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 at 1.1237, daily support at 1.1097, previous wing high at 1.1021 (support), the 10-day moving average at 1.0971 (support) and a key level at 1.0970 (support).

 

The EUR/USD pair marked fresh new yearly high today but still is below 1.1200. Tehcnical indicators support the euro bulls in the short-term so this level might be conquered soon and next target is seen at 1.1210.

 
The euro rose against the US dollar on Friday. By the close of US trading, EUR / USD was trading at 1,1206, gaining 0.93%. I believe that support is now at around 1.0920, Monday's low, and resistance is likely at 1.1212, the high of Friday's trading.
 

On the last Friday’s session the EURUSD rallied with a wide range but and closed near the high of the 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 at 1.1237, a daily support at 1.1097, the 10-day moving average at 1.1061 (support), previous wing high at 1.1021 (support) and a key level at 1.0970 (support).

 

The EUR/USD pair marked today new fresh yearly high at 1.1262, but pulled back and the current market price is 1.1230. Indicators suggest bullish trend to continue, but some exhaustion is seen.

 

The EUR/USD is trading around 1.1250 this morning.  In case of breaking 1.1284, next bulls target is seen at 1.1366 and higher at 1.1400 level. On the other side, a break below 1.1200 will open doors for testting March’s high at 1.0906.

 

On yesterday session, the EURUSD initially fell but found enough buying pressure to trim all its losses and closed near the high of the day, in addition the currency pair managed to close above Friday’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 Fibonacci extension at 1.1291, a daily resistance at 1.1237, the 10-day moving average at 1.1107 (support), a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).

1...545546547548549550551552553554555556557558559...645
New comment