EURUSD ONLY

On Friday session the EURUSD pair moved back and forward with lack of direction closing in the red near the open of the day on a narrow range day, making an inside day. Although the currency did not moved much it managed to close above the 10-day moving average for the 2nd day in the row, suggesting that short term bulls are in control and we may expect an upward move to Fibonacci level of 38.2% (resistance) at 1.1058 or even to a daily resistance at 1.1097.

Yesterday the EURUSD rallied and close near the high of the day with a wide range, although failed to close above the 50-day moving average. Due to the wide range day observed yesterday, we may expect that the currency today makes a narrow range or even create an inside day. Key levels to watch today are: the 50-day moving average (resistance) at 1.1114, a daily resistance at 1.1097, Fibonacci levels the 38.2% (support) at 1.1058 and the 50% (support) at 1.0955.

Yesterday the EURUSD pair moved back and forward with lack of direction closing in the red near the open of the day with a narrow range day, creating an inside day. This type of day is often used to signal indecision about the future direction of the currency as the market waits for the Fed's Monetary Policy Statement later today.

Yesterday EURUSD fell and close near the low of the day on a wide range day as the Federal Reserve indicated that interest rates could rise in the coming months, possibly as early as September, if the labor market continues to strengthen. Key levels to watch today are: the daily resistance at 1.1097, the 50% Fibonacci level (support) at 1.0955 and the 61.8% Fibonacci level (support) at 1.0860.

Yesterday the EURUSD fell breaking below the 50% Fibonacci level (support) at 1.0955 and closed in the red at the middle of the daily range. This movement suggests a consolidation day, possible making an inside day. Key levels to watch today are: the 50% Fibonacci level (resistance) at 1.0955, and the 61.8% Fibonacci level (support) at 1.0860.

On Friday session the EURUSD pair initially rallied but found yet again enough resistance on the 200-day moving average giving all its gains back and closed in the red near the low of the day on a narrow range, creating an inside day. This 3rd failed attempt to close above the 200-day moving average suggests a move downward for today to the 10-day moving average at 1.1052.

Yesterday the EURUSD fell and close near the low of the day with a narrow range, although held its ground just above the 10-day moving average. Absent economic releases in the euro area today so we might experience some consolidation, as inflation figures in the US economy are due tomorrow and the FOMC will release its minutes.

Yesterday the EURUSD pair fell for the straight third day and closed in the red near the low of the day, shy below the 50-day moving average. All eyes now turn to the US as the market waits for the Fed's Monetary Policy Statement later today, regarding the possibility of an interest rate hike in September.

Yesterday EURUSD initially fell but found enough buying pressure at the 50-day moving average, rallying back up and close near the high of the day on a wide range day as the Federal Reserve showed a much more dovish view on the economy and external factors, namely China. Participants pushed back their expectations of rate hike in September by the Fed.
Key levels to watch today are: A break above the 200-day moving average may set a tone for a bullish run in the mid-term to a daily resistance at 1.1236 or even higher up to 1.1460.

Yesterday the EURUSD rallied breaking above the 200-day moving average and closed well in the green near the high of the day. This movement suggests that the bullish momentum is strong in the mid-term and the currency is at 1.1236 a pivotal point (daily resistance). A break above this pivotal point will take the pair up to another daily resistance at 1.1460.

On Friday session the EURUSD pair rallied for the third straight day and closed well in the green near the high of the day on a wide range. The currency is setting its self to reach today, May’s high at 1.1460.

Yesterday the EURUSD rallied once again breaking above a daily resistance at 1.1556 although closed in the middle of the daily range, signs that the bulls are losing some strength. The currency is extreme overbought and we may see a pullback to the 1.1460 level before another push upward.

Yesterday the EURUSD pair fell after a rally of four straight days and closed in the red near the low of the day on a narrow range, creating an inside day. The currency did not managed to stay above the daily resistance at 1.1556 suggesting that a stronger pullback may be coming in the next few days.

Yesterday EURUSD fell breaking below the inside day made on Tuesday and close near the low of the day on a wide range day as the US durable goods rose unexpected to 2% compared to the market expectations for a decline of 0.4%. Key levels to watch today are: the daily support zone from 1.1237 down to 1.1097.

Yesterday the EURUSD fell for the 3rd consecutive day but with a narrow range (fading downward momentum) and closed in the red near the low of the day. The currency held on a daily support at 1.1237 where it can be at a good turning point but a close above the 10-day moving average may suggest the end of the current pullback and the start of another bullish move.

On Friday session the EURUSD pair fell for the fourth straight day and closed in the red near the low of the day on a narrow range. The currency made a stronger pullback and is trading within a daily support zone from 1.1237 down to 1.1097. A break above the 1.1237 will suggest another up run to 1.1555.

Yesterday the EURUSD tried to rally but found some resistance at 1.1237 to turn back but managed to close in the green at the middle of the daily range. Looks like the currency will keep pushing higher, the first stop should be the 10-day moving average at 1.1326 and a close above it would suggest a stronger move up to 1.1460 daily resistance.

Yesterday the EURUSD pair rose on a wide range day and closed in the green near the high of the day, shy below the 10-day moving average. The currency did not managed to close above the 10-day moving average so until it closes above we may expect some consolidation but a breakdown of previous day low at 1.1207 could accelerate the bearish trend.

Yesterday the EURUSD pair fell on a narrow range day, creating an inside day and closed well in the red near the low of the day. The currency failed once again to close above the 10-day moving average but all eyes now turn to the ECB Interest rate decision and monetary policy statement and press conference that should stay unchanged.

EUR/USD is the thing to trade with guys i made a lot trading with this pair i hope you guys do well and good luck