EUR/USD closed slightly above 1.20, up more than 150 pips for the week. The pair might meet first challenge at 1.2090, next at 1.2170 and higher at 1.2245. Looking to downside fist support is seen at 1.2000, second at 1.1945 and lower at 1.1875.
EUR/USD lost upward stength today , broke below 1.9070 and marked intraday low at 1.1954. However tThe decline seems to be corrective, as in the long term bulls remain unwavering.
The short term ourlook for EUR/USD turned to negative, but however the downside movement is limited by 1.1920. The pair bounced from the daily low at 1.1925 and the current market price is 1.1963 and in case of holding above 1.1950, doors will opened for testing 1.1975.
EUR/USD fell sharply today amid tax reform plans talks having marked daily low at 1.1885, the lowest level for the last week. If the pair continue to fall next support at 1.1865 will come into play.
EUR/USD gained momentum during last two sessions, but yesterday couldn’t reach 1.20 mark and closed at 1.1945, more than 50 pips lower for the week. But in fact this is only a technical correction as the five month uptrend remains intact.
The euro rose against the US dollar on Friday. By the close of US trading, EUR / USD was trading at 1.1940, adding 0.18%. I believe that support is now at 1.1387, Thursday's low, and resistance is likely at 1.2041, Monday's high.
EUR/USD marked fresh weekly high today at 1.2005, but retreated later to currently trade at 1.1996. To gain upward traction the bulls should conquer the resistance at 1.2030.
The euro rose against the US dollar on Friday. During Asian trading, EUR/USD was trading at 1.1963, gaining 0.18%. I believe that support is now at 1.11862, the minimum of Wednesday, and resistance, probably, will be at 1.2033 - the maximum of Wednesday.
The euro rose against the US dollar on Friday. During Asian trading, EUR/USD was trading at 1.1963, gaining 0.18%. I believe that support is now at 1.11862, the minimum of Wednesday, and resistance, probably, will be at 1.2033 - the maximum of Wednesday.
The euro rose against the US dollar on Friday. By the close of US trading, EUR / USD was trading at 1.1957, gaining 0.13%. I believe that support is now at 1.1862, the minimum of Wednesday, and resistance, probably, will be the level 1.2033 - the maximum of Wednesday.
The bears continue to dominate this morning having the EUR/USD below 1.80 handle with current market price 1.1778. Immediate support is seen at 1.1760 and next at 1.1730.
The single currency recorded a negative session against the US dollar on Tuesday. After a steady downward movement, the currency pair lost 56 pips at a closing price of 1.1792. Daytime extreme values were reached at 1.1861 and 1.1757 respectively. In the short term, the outlook remains negative, as a breakthrough at 1.1735 will test 1.1670.
