K.I.S.S analysis EUR/USD

The pair is still bouncing within the range between 1.0900 to 1.0800, 1.0800 is acting as the psychological level.
 
It bounced off the resistance at 1.0820 but if it breaks below that level it will fall to 1.0760, possibly even lower.
 
I see that the EUR/USD will continue declining this week if the U.S. Retail Sales came positive and the 1.0767 support level will be tested.
 
Euro/dollar failed to keep the upgoing momentum yesterday, closing back in the secondary trend line and hit 1.0840 earlier this morning. My expectations are for a testing of 1.0835/00 levels.
 
EUR/USD is moving in tight range today and still didn't get under 1.0800 and still I dont have an entry point.
 
The pair practically remained unchanged during yesterday's session at 1.0856. Market participants did not set a clear direction after trading within the extreme values 1.0899 and 1.0819. Technically outlook in the short term remains neutral, as EUR/USD continues to move within the 1.0995 and 1.0805.
 
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 previous day range, suggesting sideways action for the next couple of days.

The pair closed below the 10 but above the 50-day moving average that continues acting as a dynamic support.

The key levels to watch are: 200-day moving average at 1.1048 (resistance), previous swing high at 1.0992 (resistance), 10-day moving average at 1.0854 (resistance), the 50-day moving average at 1.0816 (support) and the last swing low at 1.0711 (Support).
 
Euro remains under pressure whilst showing limited movement towards 1.0800 level today, break below the level would lead the pair to 1.0700 zone.
 
EUR/USD failed to break below 1.0800 and range continues. The pair will probably climb towards 1.0900 again.
 
The pair practically remained unchanged during yesterday's session at 1.0856. Market participants did not set a clear direction after trading within the extreme values 1.0899 and 1.0819. Technically outlook in the short term remains neutral, as EUR/USD continues to move within the 1.0995 and 1.0805.


The next support is on 1.0690, next resistance: 1.1105

EURUSD.jpg
 
The EUR/USD still in the 900-800 range for the 2nd day this week and the 1.0800 level showing more support to the pair. My eyes open wide tomorrow for any break below it.
 
Another failed attempt from the EUR/USD to break the support level 1.0800 and rebounded and for the second day EUR/USD rebounds to the open price.
 
Eurusd

The EURUSD stays direcionless. The 1.08 and the 1.09 have proven to be good support/resistance leves for the pair and it seems like it will stay around these levels for a while.
 
The euro added value against the US dollar during yesterday's session, gaining 20 pips to a closing price of 1.0876. The session was held in the extremes at 1.0887 and 1.0804. Inability to break the psychological barrier at 1.0800 contributes to positive attitudes. The price went above the average values as the relative strength index added positions in positive territory. 1.0995 remains the key objective upwards.
 
On yesterday session the EURUSD initially fell but found enough support at the 50-day moving average to turn around and closed near the high of the day, however closed within previous day range, suggesting a week bullish momentum.

The pair closed above the 10 and the 50-day moving average that continues acting as a dynamic support.

The key levels to watch are: 200-day moving average at 1.1048 (resistance), previous swing high at 1.0970 (resistance), 10-day moving average at 1.0864 (support), the 50-day moving average at 1.0821 (support) and the last swing low at 1.0711 (Support).
 
I wonder how much longer range will continue. The pair bounced off the resistance at 1.0945 and is headed for the support at 1.0850 again.
 
The pair has found the immediate support zone around 1.0850, Eur/Usd is bouncing off 1.0900 level. On the upside the resistance level could be found at 1.0940/50 zone, break higher would lead to my next target 1.100.
 
What do you guys think of my recent trading? I am considering to move in to real acc soon. The confidence is slowly rising:p



I use fibbs, rsi and trend to set up my trades


Ps. As I see it the bulls and bears are currently fighing between the 1.0800 resistance level and the 1.0940 resistance level.

Happy trading guys
 
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On Wednesday, the US dollar fell against the euro, breaking run of three consecutive days of gains.
EUR/USD traded in a narrow range, ending the day with a minimum increase of 18 pips at 1.0876.
 
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