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On yesterday session, the EURUSD initially fell but found enough buying pressure near Monday’s session to reverse and managed to close near the high of the day, although closed within Mondays’ range, which suggests being slightly on the bullish 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: a daily resistance at 1.2432, other daily resistance at 1.2287, a daily support at 1.2126 (resistance), the 10-day moving average at 1.2106 (support) and a daily support at 1.2041 (support).
Seems EUR/USD is going down with a target @ 1.2115.
Seems EUR/USD is going down with a target @ 1.2115.
On yesterday session, the EURUSD rallied with a narrow range and closed near the high of the day, although closed within Wednesday’s range, which suggests being slightly on the bullish 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: a daily resistance at 1.2432, other daily resistance at 1.2287, the 10-day moving average at 1.2152 (support), a daily support at 1.2115 and a daily support at 1.2041 (support).
The pair starts the week with a bullish gap, but still trading within a close range between 1.22 to 1.23. Because US government shut down, we are looking at weaker and more vulnerable dollar.
Eur/Usd closed on friday during the 4 hrs. Eur/Usd was trapped despite a positive steps in europe session.
Hey..
Could please tell me which latest NEWS will have a big impact on the EUR/USD.
On the last Friday’s session, the EURUSD initially tried to rally but found enough resistance at 1.2287 to trim all of its gains and closed near the low of the day, however the currency pair managed to close within Thursday’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: a daily resistance at 1.2432, other daily resistance at 1.2287, the 10-day moving average at 1.2209 (support), a daily support at 1.2115 and a daily support at 1.2041 (support).
On yesterday session, the EURUSD initially fell with a narrow range but found enough support at 10-day moving average to trim most of its losses and closed near the high of the day, however closed within Friday’s range, which suggests being slightly on the bullish 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: a daily resistance at 1.2432, other daily resistance at 1.2287, the 10-day moving average at 1.2229 (support), a daily support at 1.2115 and a daily support at 1.2041 (support).