Eur/usd - page 589

 

On yesterday 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 Tuesday’s high, which suggests a strong bullish momentum.

 

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 daily resistance 1.2041, a Key level at 1.1880 (resistance), a daily resistance at 1.1829, the 10-day moving average at 1.1768 (support), a daily support at 1.1753 and a key level at 1.1684 (support).

 

The single currency recorded a significant increase against the US dollar on Wednesday. The session started at 1.1737 and the price jumped from the first support at 1.1735. Eventually the currency pair ended at 1.1821 and if the price continued to rise, the pair would head to the first resistance at 1.1875.

 

Bullish potential keeps growing for the EUR/USD pair. Should the pair cross the 1.1860 level (mid November’s high), then the interest will lead to 1.1890.

 

On yesterday session, the EURUSD rallied again but this time with a narrow range and closed near the high of the day, in addition the currency pair managed to close above Wednesday’s high, which suggests a strong bullish momentum.

 

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 daily resistance 1.2041, a Key level at 1.1880 (resistance), a daily support at 1.1829, the 10-day moving average at 1.1789 (support), a daily support at 1.1753 and a key level at 1.1684 (support).

 

The force awakens. Euro bulls attack 1.1920/1.1930.

 

Eur/Usd enter correction mood after bullish trend, there are still room on the upside, next key resistance level at 1.20.

 

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

 

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 daily resistance 1.2041, a key level at 1.1965 (resistance) other Key level at 1.1880 (support), a daily support at 1.1829, the 10-day moving average at 1.1796 (support).

 

EUR/USD maked today a fresh two-months high at 1.1960, but retreated to currently trade at 1.1900. Despite the pullback retains its bullish stance in the short term. Bearish danger could be seen only if the pair meets the immediate support at 1.1890.

 

On yesterday session, the EURUSD initially rallied but found enough selling pressure to rub out all of its initial gains and closed near the low of the day, however the currency pair 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, 50, and 200-day moving averages that should provide dynamic support.

 

The key levels to watch are: a daily resistance 1.2041, a key level at 1.1965 (resistance) other Key level at 1.1880 (support), the 10-day moving average at 1.1837 (support) and a daily support at 1.1829.

 

The euro recorded a volatile session against the dollar on Monday. Ultimately, trade ended in favor of the US currency. If the bullish moods prevail, the pair will test the resistance at 1.1979 soon. The new week started at 1.1924, and the trend was upwards at the beginning. After the peak of the day was hit at 1.1960, the direction changed and the final was set at 1.1897.

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