Eur/usd - page 579
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On Thursday, the euro lost 48 pips against the dollar. The day was opened at 1.1758 and during the first hours of the day it gradually climbed to a peak at 1.1778. After that, there was a sharp drop in qoutes, with a support at 1.1735. Bears recorded a bottom at 1.1698, and the last price for the day was 1.1710.
On the last Friday’s session the EURUSD initially fell but found enough support at 1.1684 to trim all of its losses and managed to close near the high of the day, however the currency pair closed within Thursday’s range, which suggests being slightly on the bullish side of neutral.
The currency pair is trading below the 10 and the 50-day moving averages both should provide dynamic resistance however is still trading above the 200-day moving averages that should provide dynamic support.
The key levels to watch are: the 50-day moving average at 1.1857 (resistance), a daily resistance at 1.1829, the 10-day moving average at 1.1754 (resistance), a daily resistance at 1.1753, a key level at 1.1684 (support) and other key level at 1.1593 (support).
The EUR//USD pair is hovering around 23.6% Fibo of its latest March to September bullish run. The good marco data from EU was not enough to trigger any sharp moves and adding the lack of news from US, the pair will remain range bounded.
On yesterday session, the EURUSD went back and forward without any clear direction and closed in the middle of the daily range, in addition the currency pair managed to close above Friday’s high, which suggests a bullish momentum.
The currency pair is trading below the 10 and the 50-day moving averages both should provide dynamic resistance however is still trading above the 200-day moving averages that should provide dynamic support.
The key levels to watch are: the 50-day moving average at 1.1856 (resistance), a daily resistance at 1.1829, the 10-day moving average at 1.1754 (resistance), a daily resistance at 1.1753, a key level at 1.1684 (support) and other key level at 1.1593 (support).
eur usd can fall nowfrom 1.1796 level what do u think
EUR/USD marched higher today and crossed above 1.80 handle and keeps steady on Catalonia’s Puigdemont speech. To confirm the return of euro bulls, the pair needs to fight the resistance at 1.1833.
The euro gained positions against the dollar on Tuesday. The single currency justified the positive expectations and recorded a successful session. As a result, the first resistance at 1.1787 was overcomed. If the bullish moods continue to prevail, the second key level at 1.1833 will be breached. Tuesday's trading began at a price of 1.1739 and the euro gained 68 pips to the final. Peak for the day was reached at 1.1825.
Key levels to watch for:
Support: 1.1660; 1.1609;
Resistance: 1.1787; 1.1833;
The euro / dollar had a bullish momentum yesterday, reaching a peak of 1.1825. The trading signals are up for testing the critical resistance of 1.1850 - 1.1900. A clear breakthrough and daily closure over this zone will end the bears' correction phase and will resume my upward model for the retest of 1.2000 / 90. The first support is 1.1790, whose breakthrough can take the price to a neutral zone with testing at 1.1750 / 00 and will keep the downward correction phase valid. In general, I stay bullish.