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Eur/usd news - page 568

deresel
537
deresel  

Key levels to watch for:

Support 1.1670; 1.1608;

Resistance: 1.1969; 1.2121;

Veselka Nikolova
670
Veselka Nikolova  

US PPI data eased the bearish momentum of EUR/USD and the pair pushed higher to currently trade at 1.1778. Next target for the bulls is located at 1.1820.

honeill
948
honeill  

On yesterday session, the EURUSD initially fell but found enough support to erase all of its losses and managed to close near the high of the day, in addition closed above Wednesday’s high, which suggests a strong bullish momentum.

 

The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.

 

The key levels to watch are: a daily resistance at 1.1976, other daily resistance at 1.1829, the 10-day moving average at 1.1791 (resistance), a daily support at 1.1753, a daily support at 1.1460 and other daily support at 1.1556.

Ivan
416
Ivan  

The euro rose against the US dollar on Friday. By the close of US trading, EUR / USD was trading at 1.1822, gaining 0.42%. I believe that support is now at around 1.1687, the minimum of Wednesday, and the resistance is likely to come in at 1.1846, the high of Friday's trading.

honeill
948
honeill  

On the last Friday’s session the EURUSD rallied with a wide range 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 now 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 1.1976, other daily resistance at 1.1829, the 10-day moving average at 1.1794 (support), a daily support at 1.1753, a daily support at 1.1460 and other daily support at 1.1556.

Veselka Nikolova
670
Veselka Nikolova  

EUR/USD started today in bearish consolidation mode. Markets are expecting the German prelim release and US reatail sales data to set direction.

honeill
948
honeill  

On yesterday session, the EURUSD fell with a narrow range and closed near the low of the day however the currency pair closed within Friday’s range, which suggests being slightly on the bearish side of neutral.

 

The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.

 

The key levels to watch are: a daily resistance at 1.1976, other daily resistance at 1.1829, the 10-day moving average at 1.1780 (resistance), a daily support at 1.1753, a daily support at 1.1460 and other daily support at 1.1556.

deresel
537
deresel  

The single currency recorded a decline against the US dollar on Monday. The session started at 1.1820 and, after a steady downward movement, the euro ended at 1.1779. If the price continues to fall, the pair will head for support at 1.1700. On the upside, we can expect a resistance break at 1.1860.

Ivan
416
Ivan  

Euro / dollar made a downward correction yesterday, forming a bottom at 1.1769. Expectations are neutral so far, but basically I stay in the Bulls camp and only a clear break back below 1.1650 should break the bullish scenario.

Veselka Nikolova
670
Veselka Nikolova  

The EUR/USD pair is currently trading at 1.1736 backed up with the better than expected US retail sales data.  The pair might continue falling in case bulls couldn’t revert back above the 1.1760 handle.