Eur/usd news - page 598

honeill
1103
honeill  

On yesterday session, the EURUSD went back and forward without any clear direction, and closed in the middle of the daily range, in addition managed to close within Mondays’ range, which suggests being clearly neutral, neither side is showing control.

 

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

 

The key levels to watch: a daily resistance at 1.2576, other daily resistance at 1.2432, the 10-day moving average at 1.2415 (resistance), a daily support at 1.2287, a daily support at 1.2115 and a daily support at 1.2041.

deresel
669
deresel  
The single currency recorded a volatile session against the dollar on Tuesday. Finally, the opening price was close to the closing price of 1.2366 and 1.2375, respectively. At first the bullish moods prevailed, but after reaching peak at 1.2433 the direction changed. So the difference between the highest and the lowest value for the day was 120 pips. Meanwhile, support at 1.2332 was broken.
deresel
669
deresel  
Key levels to watch for:
Support: 1.2332; 1.2249;
Resistance: 1.2539; 1.2594;
honeill
1103
honeill  

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

 

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

 

The key levels to watch: a daily resistance at 1.2576, other daily resistance at 1.2432, the 10-day moving average at 1.2383 (resistance), a daily resistance at 1.2287, a daily support at 1.2115 and a daily support at 1.2041.

Cougar512
186
Cougar512  
Euro/dollar had a significant momentum down yesterday, breaking down the range. Expectations are bearish to test support 1.2175. Short-term resistance is 1.2300/30. A clear break below this level may take the price to a neutral trading region and the direction will become obscure. Major technical outlook remains upward, but a clear break and daily closure below 1.2175 may lead to a deeper downward correction to test the trendline support. On the upside, a break above 1.2537 is needed to resume the main bullish trend.
honeill
1103
honeill  

On yesterday session, the EURUSD went back and forward without any clear direction, and closed near in the middle of the daily range, in addition managed to close within Wednesday’s range, which suggests being clearly neutral, neither side is showing control.

 

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

 

The key levels to watch: a daily resistance at 1.2576, other daily resistance at 1.2432, the 10-day moving average at 1.2372 (resistance), a daily resistance at 1.2287, a daily support at 1.2115 and a daily support at 1.2041.

Cougar512
186
Cougar512  
On Friday, the US dollar moved to growth against other major currencies after the US Congress voted for an agreement on the parameters of the federal budget for the next two years, ending a short suspension of the government.
The euro remained stable: the pair EUR/USD slightly fluctuated at position 1.2242. 
honeill
1103
honeill  

On the last Friday’s session, the EURUSD went back and forward without any clear direction, and closed near in the middle of the daily range, in addition managed to close within Thursday’s range, which suggests being clearly neutral, neither side is showing control.

 

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

 

The key levels to watch: a daily resistance at 1.2576, other daily resistance at 1.2432, the 10-day moving average at 1.2342 (resistance), a daily resistance at 1.2287, a daily support at 1.2115 and a daily support at 1.2041.

honeill
1103
honeill  

On yesterday session, the EURUSD initially rose with a narrow range and closed near the high of the day, in addition managed to close above Friday’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 trading above the 50 and 200-day moving averages that should provide dynamic support.

 

The key levels to watch: a daily resistance at 1.2576, other daily resistance at 1.2432, the 10-day moving average at 1.2326 (resistance), a daily support at 1.2287, a daily support at 1.2115 and a daily support at 1.2041.

honeill
1103
honeill  

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

 

The currency pair closed above the 10-day moving average that should provide dynamic support and is also trading above the 50 and 200-day moving averages that should provide dynamic support.

 

The key levels to watch: a daily resistance at 1.2576, other daily resistance at 1.2432, the 10-day moving average at 1.2318 (support), a daily support at 1.2287, a daily support at 1.2115 and a daily support at 1.2041.