Eur/usd - page 553

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The EUR/USD failed to regain the 1.12 level and has entered in dowside correction. Immediate support is seen at 1.1160 and lower at 1.1080.

 
Veselka Nikolova:

The EUR/USD failed to regain the 1.12 level and has entered in dowside correction. Immediate support is seen at 1.1160 and lower at 1.1080.


EURUSD have a look at 1.12xx, else is prone to further losses
 

On yesterday session, the EURUSD made a new high but found enough resistance to turn south and closed near the low of the day, however the currency pair closed within Monday’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 Fibonacci extension at 1.1291, a daily resistance at 1.1237, the 10-day moving average at 1.1125 (support), a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).

 
The dollar registered a successful session against the euro this Tuesday. The day was opened at 1.1236, and the last price for the day was 54 pips lower or one euro was trading for 1.1182 dollars. During the day, several breakthroughs of the first resistance occurred, but the bulls were only sufficient to mark a peak at 1.1267. There was a drop in the course and shortly before the end of the day, the bears recorded their bottom at 1.1174
 
Key levels to watch for:
Support: 1.1120; 1.1050; 1.0950;
Resistance: 1.1256; 1.1360.
 
hi users
 

On yesterday session, the EURUSD rose with a narrow range and closed near the high of the day, although the currency pair closed within Tuesday’s range, which suggests being slightly on the bullish 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 Fibonacci extension at 1.1291, a daily resistance at 1.1237, the 10-day moving average at 1.1159 (support), a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).

 
Euro / dollar had a moderate upward movement yesterday, making a peak at 1.1220 and hit 1.1244 earlier this morning. The views remain up for testing on 1.1265. A clear break above this level may lead to future bulls testing for 1.1300 - 1.1350. The closest support is 1.1210, whose breakthrough can take the price to a neutral trading area with testing 1.1175. But as a whole, I stay in the Bulls camp and every downward pressure can be seen as a good opportunity to buy.
 

The EUR/USD pair again crossed to above the important 1.12 handle after the US releases. Next bulls’ target is seen at 1.1267 (May’s 23 high) and if conquering it, will be challenged by 1.13.

 

On yesterday session, the EURUSD initially tried to rise but found enough resistance at 1.1237 to erase all its gains 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 Fibonacci extension at 1.1291, a daily resistance at 1.1237, the 10-day moving average at 1.1180 (support), a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).

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