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On the last Friday’s session, the EURUSD fell with a wide range but found enough buying pressure to trim some of its losses although closed in the red, in the middle of the daily range, in addition, managed to close below Thursday’s range, which suggests a bearish momentum.
The currency pair is trading above the 10-day moving average that should provide a dynamic support, nonetheless, it continues to trade below the 50 and the 200-day moving averages that should provide dynamic resistance.
The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829 and a daily support at 1.1753, the 10-day moving average at 1.1734 (support), a key level at 1.1684 (support), a daily support at 1.1555 and year-to-date low at 1.1509.
On yesterday session, the EURUSD initially tried to rally but found enough resistance near 1.1829 to erase some of its gains and closed near the low, however, 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-day moving average that should provide a dynamic support, nonetheless, it continues to trade below the 50 and the 200-day moving averages that should provide dynamic resistance.
The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily support at 1.1753, the 10-day moving average at 1.1742 (support), a key level at 1.1684 (support), a daily support at 1.1555 and year-to-date low at 1.1509.
On yesterday session, the EURUSD initially rose but found enough selling pressure near previous day high to reverse and managed to close near the low of the day, in addition, closed below Mondays’ low, which suggests a strong bearish momentum.
The currency pair is trading above the 10-day moving average that should provide a dynamic support, nonetheless, it continues to trade below the 50 and the 200-day moving averages that should provide dynamic resistance.
The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily support at 1.1753, the 10-day moving average at 1.1746 (support), a key level at 1.1684 (support), a daily support at 1.1555 and year-to-date low at 1.1509.
On yesterday session, the EURUSD rallied with a narrow range and closed near the high of the day, however, closed within Tuesdays’ range, which suggests being slightly on the bullish side of neutral.
The currency pair is trading above the 10-day moving average that should provide a dynamic support, nonetheless, it continues to trade below the 50 and the 200-day moving averages that should provide dynamic resistance.
The key levels to watch: January low at 1.1915 (resistance), the 50-dat moving average at 1.1887 (resistance), a daily resistance at 1.1829, the 10-day moving average at 1.1765 (support), a daily support at 1.1753, a key level at 1.1684 (support), a daily support at 1.1555 and year-to-date low at 1.1509.
On yesterday session, the EURUSD dived with an extremely wide range and closed near the low of the day, in addition, managed to close below Wednesday’s low, which suggests a strong bearish.
The currency pair closed below the 10-day moving average that should provide a dynamic resistance, nonetheless, it continues to trade below the 50 and the 200-day moving averages that should provide dynamic resistance.
The key levels to watch: January low at 1.1915 (resistance), a daily resistance at 1.1829, a daily resistance at 1.1753, the 10-day moving average at 1.1742 (resistance), a key level at 1.1684 (resistance), a daily support at 1.1555 and year-to-date low at 1.1509 (support).
Thank you WR1
Is there any historical data wich news moved the market for lets say 100 pips 160 pips or less and so on ?
So not 2000 to 3000 pips in one day then!