EUR/USD at the 1.3800 level.

[victoriajensen]

EUR/USD is back to testing the resistance at 1.0470. Considering the two hanging man candlesticks it has formed on the four-hour time-frame the pair will likely move to the downside again.

 

[Fxwes]

The freshly released US macro data dragged the US dollar slightly down. The EUR/USD pair moved higher to reach 1.0493, but couldn’t surpass the key level at 1.0500. As long as the pair is staying below this level, bears dominate the trend.

 

[idimitrov]

Dollar drops in the end of New Year in a weakened trade.
The euro rose by 0.9% against the dollar to 1.0510, retreating from a 13-year low of 1.0352 last week.

 

[honeill]

Yesterday, the EURUSD rose with a narrow range and closed near the high of the day, in addition the currency pair managed to close above the previous day high, which suggests a strong bullish momentum.

The currency pair closed back above the 10-day moving average that should act as a dynamic support and continues to trade below the 50 and the 200-day moving averages that should act as dynamic resistances.

The key levels to watch are: a Fibonacci extension at 1.0666 (resistance), a daily resistance at 1.0622, the 10-day moving average at 1.0437 (support), a daily support at 1.0462 and the new multi-year low at 1.0352(support).

 

[Fxwes]

EUR/USD surprised with a surge to 1.0653 this morning. The last trading day seems to be quite voaltile and interesting. Currently market price is 1.0545. If the pair succeed to close above 1.0560, next bulls target is seen at 1.0660.

 

[csc2009]

After end of year trading, profit taking, I hope we are back to normal. This week the pair probably would still be trading flat before nonfarm payrolls on Friday. After sharp spike Eur/Usd found its near resistance level around 1.0650 zone.

 

[csc2009]

Is year 2017 really going to be better than year 2016? I wonder. Just remember Trump is actually going to become president from 20th January this year.

 

[honeill]

On the last Friday’s session the EURUSD initially rose with a narrow range but found enough selling pressure at the 50-day moving average to reverse and closed near the low of the day, although the currency pair managed to close above Thursday’s high, which suggests a weak bullish momentum.

The currency pair is trading above the 10-day moving average that should act as a dynamic support but continues to trade below the 50 and the 200-day moving averages that should act as dynamic resistances.

The key levels to watch are: a Fibonacci extension at 1.0666 (resistance), a daily resistance at 1.0622, the 10-day moving average at 1.0444 (support), a daily support at 1.0462 and the new multi-year low at 1.0352(support).

 

[victoriajensen]

EUR/USD is moving to the downside after forming an impressive shooting star candlestick on the daily time-frame. Next target is likely the support at 1.0400 and if it breaks out below that level it will probably test the previous low at 1.0352.

 

[honeill]

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

The currency pair is still closing above the 10-day moving average that should act as a dynamic support but continues to trade below the 50 and the 200-day moving averages that should act as dynamic resistances.

The key levels to watch are: a Fibonacci extension at 1.0666 (resistance), a daily resistance at 1.0622, a daily support at 1.0462, the 10-day moving average at 1.0450 (support) and the 2016 low at 1.0352(support).