EURUSD ONLY

EURUSD fell on yesterday session after breaking below the 50-day moving average and went straight to a Fibonacci retracement (61.8) at 1.0853 and closed near the low of the day. The currency changed phase from recovery to bearish and we might see some consolidation at these levels, although a break below the 1.0853 could trigger another push downward, this time to a daily support at 1.0622.

The EURUSD initially fell on yesterday session but found enough buying pressure just below the Fibonacci retracement (61.8) at 1.0853 to turn around and close in the green near the open of the day. Also the Scholastic is an oversold market so we may expect a pause in the downward trend and a retest of the 50-day moving average at 1.0986.

EURUSD had a high volatile session yesterday but manage to close in the green near the high of the day. The currency has to the upside strong resistance at the 10 and 50-day moving averages although the stochastic is showing an oversold market and is displaying a slight bullish momentum.

On Friday session the EURUSD rallied to the 10 and 50-day moving and closed in the green near the high of the day, on a narrow range day but below the 10 and 50 day moving averages. So today, a break above the 10 and the 50 day moving averages could trigger a rally to a Fibonacci retracement (38.2) at 1.10584 or a break below the Fibonacci retracement (50) at 1.0955 could push the currency downward to another Fibonacci retracement (61.8) at 1.0852.

EURUSD fell on yesterday session after reaching the 10 and 50 day moving averages but closed in the middle of the daily range suggesting that the downward move is not strong enough to continue. So we may expect some consolidation until Friday where is expected the release of the US non-farm payrolls and the unemployment rate data.

On yesterday session the EURUSD rallied over 200 pips through a series of fundamental and technical catalysts and closed near the high of the day with a wide range day. The currency is now trading in a resistance zone, from 1.1097 up to 1.1236, so today we may expect a narrow range day consolidating the previous day move.

On yesterday session the EURUSD initially fell but found enough support at 1.1097 to turn around and close near the high of the day, above a daily resistance. These 2 last sharp upward days are suggesting that traders are expecting bad US data on Friday. The next resistances are 1.1391 and 1.1460 to the downside we have the support zone, from 1.1236 down to 1.1097.

EURUSD initially rallied on yesterday session but found enough selling pressure near the 1.1391 resistance to give all its gains back and close in the red at the low of the day. It was a typically profit taking day ahead of the high impact fundamental data. Greece already took the IMF offer to delay its 300mln payment and later today we have the US non-farm payrolls.

On Friday session the EURUSD initially fell but found enough buying pressure near the 1.1147 to turn around and managed to close in the green near the high of the day, creating a hammer pattern. The hammer pattern suggests that the currency might want to test again the 1.1391 area unless the Greek drama steps in.

Yesterday the EURUSD initially fell after fears of a potential Greece failure to reach a deal with its creditors in time, but the currency hold its ground at 1.1185 Fibonacci retracement and reversed closing in the green near the high of the day. The pair is still in a choppy consolidation due to fundamental uncertainties but may test again the 1.1391.

On yesterday session the EURUSD tried to rally but was short lived as selling pressure started to increase at 1.1329 forcing prices back down and closed in the red at the middle of the daily range. The currency is in a tight choppy consolidation waiting for the Greek deal resolution one way or another.

EURUSD on yesterday session initially fell but found enough buying pressure at 1.1204 previous day low to reverse and close in the green near the high of the day.
The currency is rising due to the depreciation of the US dollar after the Fed Chair Yellen stated that inflation has a good probability of remaining low for a long time and reiterated that rate hikes will be gradual. Economists now see as most probable US rate hike later this year or in the beginning of 2016.
In the short-term we may see a rise up to 1.1460 being the high of February and retested in May.

Yesterday the EURUSD initially rallied but found enough selling pressure around the 1.1436 and gave most of its gains back but managed to close in the green near the open of the day, creating a shooting star pattern. This pattern suggests that a pullback may be set in motion, now the question is how far it will go. The first level to watch is 1.1286 the 10-day moving average and the other is a daily support at 1.1236.

On Friday session the EURUSD initially rose but found enough resistance near the 1.1391 to give all its gains back and closed in the red near the open of the day. The currency has some support in the 10-day moving average that is pushing the price up while the Greek drama continues. Key levels to watch today the 1.1391 Resistance and the 1.1300 10-day moving average support.

Yesterday the EURUSD initially rose but found yet again enough resistance near the 1.1391 to give all its gains back and closed in the red near the low of the day. The pair is still in a choppy consolidation due to fundamental uncertainties like Greece but is set to break the 10-day moving average and test the 1.1236 daily support.

Yesterday the EURUSD plunged and closed in the red near the low of the day, on a wide range day. The pair is trading inside a daily support zone and the sharp drop was held by the 50-day moving average. Today we may expect a green inside day due to the wide range day drop of yesterday. Key levels for today, to the downside the 1.1097 what’s left of the daily support, to the upside we have the 1.1236 the upper band of the daily support and the 1.1288 the 10-day moving average.

Yesterday the EURUSD rose and closed in the green near the high of the day, on a narrow range day, creating an inside day. The pair continues to trade inside a daily support zone and is being supported by the 50-day moving average. Key levels for today are the same of yesterday, to the downside the 1.1097 what’s left of the daily support, to the upside we have the 1.1236 the upper band of the daily support and the 1.1288 the 10-day moving average.

Yesterday the EURUSD moved back and forward as fundamental news from Greece hit the wire. The currency closed in the red near the open of the day creating a doji pattern but managed to stay above the 50-day moving average. Today may be a do or die for Greece as the three day EU summit ends on Saturday but we may get a glimpse of the Greece negotiations at the press conference scheduled later today at 13:00 (GMT).

On Friday session the EURUSD fell and closed in the red near the low of the day, below the 50-moving average. The Greek drama is coming to an end as Greece prepares to hold a referendum on July the 5th over its bailout program. Key levels to watch today the 1.1097 daily support, 1.1058 Fibonacci retracement (38.2) and 1.0955 Fibonacci retracement (50.0).

Yesterday the EURUSD initially fell but found enough buying pressure at 1.0955 a Fibonacci retracement (50.0) to sky rocket and closed well in the green near the high of the day. The currency managed to close de downward Gap of 216 pips made on Sunday. Today we may expect a narrow range day after yesterday move of 246 pips. Key levels to watch 1.1237 the upper band of a daily resistance, the 1.1097 the lower band of a daily resistance.