Eur/usd - page 643

 

On yesterday session, the EURUSD initially rose but found enough selling pressure near the 1.1439 to trim most of its gains and closed near the low of the day, however, closed within Tuesdays’ range, which suggests being slightly on the bearish side of neutral.

 

The currency pair is trading above the 10 and 50-day moving averages that should act now as a dynamic supports although is still trading below the 200-day moving average that should provide a dynamic resistance.

 

The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 50-day moving average at 1.1362 (support), the 10-day moving average at 1.1357 (support), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).

 

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

 

The currency pair is trading above the 10 and 50-day moving averages that should act now as a dynamic supports although is still trading below the 200-day moving average that should provide a dynamic resistance.

 

The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 50-day moving average at 1.1362 (support), the 10-day moving average at 1.1361 (support), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).

 
I wish you all a Merry Christmas and a Happy New Year!
 

On Monday session, the EURUSD initially rose with a narrow range but found enough selling pressure near 1.1370 to trim some of its gains and closed in the middle of the daily range, in addition, managed to within Fridays’ range, which suggests being clearly neutral, neither side is showing control.

 

The currency pair is trading above the 10 and 50-day moving averages that should act now as a dynamic supports although is still trading below the 200-day moving average that should provide a dynamic resistance.

 

The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 10-day moving average at 1.1377 (support), the 50-day moving average at 1.1361 (support), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).

 

On yesterday session, the EURUSD fell with a wide range and closed near the low of the day, in addition, managed to close below Mondays’ low, which suggests a strong bearish momentum.

 

The currency pair closed shy below the 10 and 50-day moving averages that should act now as dynamic resistances nonetheless is still trading below the 200-day moving average that should provide a dynamic resistance.

 

The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 10-day moving average at 1.1384 (resistance), the 50-day moving average at 1.1362 (resistance), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).

 

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

 

The currency pair closed above the 10 and 50-day moving averages that should act now as dynamic supports nonetheless is still trading below the 200-day moving average that should provide a dynamic resistance.

 

The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 10-day moving average at 1.1399 (support), the 50-day moving average at 1.1365 (support), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).

 

On the last Friday’s session, the EURUSD initially rallied with a narrow range but found enough resistance near 1.1460 to trim most of its gains, consequently closed near the low of the day, in addition, managed to close within Thursday range, which suggests being slightly on the bearish side of neutral.

 

The currency pair is trading above the 10 and 50-day moving averages that should act now as dynamic supports nonetheless is still trading below the 200-day moving average that should provide a dynamic resistance.

 

The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 10-day moving average at 1.1410 (support), the 50-day moving average at 1.1367 (support), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).

 

On Monday session, the EURUSD initially fell but found enough buying pressure at 1.1421 to erase all of its losses and closed near the high of the day, however, managed to close within Fridays’ range, which suggests being slightly on the bullish side of neutral.

 

The currency pair is trading above the 10 and 50-day moving averages that should act now as dynamic supports nonetheless is still trading below the 200-day moving average that should provide a dynamic resistance.

 

The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 10-day moving average at 1.1419 (support), the 50-day moving average at 1.1369 (support), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).

 

On Wednesday session, the EURUSD dived with a wide range and closed near the low of the day, in addition, managed to close below Mondays’ low, which suggests a strong bearish momentum.

 

The currency pair closed below the 10 and 50-day moving averages that should act now as dynamic resistance nonetheless is still trading below the 200-day moving average that should provide a dynamic resistance.

 

The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 10-day moving average at 1.1409 (resistance), the 50-day moving average at 1.1366 (resistance), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).

 

On Thursday session, the EURUSD initially fell but found enough support near the 1.1300 handle to trim all of its losses and closed near the high of the day, however, closed within Wednesday’ range, which suggests being slightly on the bullish side of neutral.


The currency pair closed above 50-day moving average that should act now as dynamic support nonetheless is still trading below the 10 and 200-day moving averages that should provide a dynamic resistance.

 

The key levels to watch: a daily resistance at 1.1555, a daily resistance at 1.1459, the 10-day moving average at 1.1412 (resistance), the 50-day moving average at 1.1366 (support), October low at 1.1302 (support), a daily support 1.1236 and 2018 low at 1.1214 (support).

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