K.I.S.S analysis EUR/USD

On yesterday session, the EURUSD rallied again but this time with a narrow range and closed near the high of the day, in addition the currency pair managed to close above Wednesday’s high, which suggests a strong bullish momentum.

The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.

The key levels to watch are: a daily resistance 1.2041, a Key level at 1.1880 (resistance), a daily support at 1.1829, the 10-day moving average at 1.1789 (support), a daily support at 1.1753 and a key level at 1.1684 (support).
 
EUR/USD broke out above 1.1870 and continues moving to the upside. Next week it will probably rally towards 1.2035.
 
SmartGeek said:
EUR/USD is my favorite pair, and there are many strategies to work it out, but you need to understand that if you wanna become successful, you need to have more than one strategies.
Click to expand...


hi sg

it depends how you are defining strategy because you could say you can have one strategy but a few different ways of applying it ;)

k
 
Eur/Usd enter correction mood after bullish trend, there are still room on the upside, next key resistance level at 1.20.
 
On the last Friday’s session, the EURUSD rallied with a wide range and closed near the high of day, in addition the currency pair managed to close above Thursday’s high, which suggests a strong bullish momentum.

The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.

The key levels to watch are: a daily resistance 1.2041, a key level at 1.1965 (resistance) other Key level at 1.1880 (support), a daily support at 1.1829, the 10-day moving average at 1.1796 (support).
 
EUR/USD found some resistance at 1.1960 and bounced off from it, but that is likely temporary. If the move to the upside continues the pair will probably rally above 1.2000.
 
Eurusd

The EURUSD is trying to pull back after the strong rally last week. The 1.1900 level may act as support and bullish trend is still in place.
 
EUR/USD maked today a fresh two-months high at 1.1960, but retreated to currently trade at 1.1900. Despite the pullback retains its bullish stance in the short term. Bearish danger could be seen only if the pair meets the immediate support at 1.1890.
 
On yesterday session, the EURUSD initially rallied but found enough selling pressure to rub out all of its initial gains and closed near the low of the day, however the currency pair managed to close within Friday’s range, which suggests being slightly on the bearish side of neutral.

The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.

The key levels to watch are: a daily resistance 1.2041, a key level at 1.1965 (resistance) other Key level at 1.1880 (support), the 10-day moving average at 1.1837 (support) and a daily support at 1.1829.
 
The euro recorded a volatile session against the dollar on Monday. Ultimately, trade ended in favor of the US currency. If the bullish moods prevail, the pair will test the resistance at 1.1979 soon. The new week started at 1.1924, and the trend was upwards at the beginning. After the peak of the day was hit at 1.1960, the direction changed and the final was set at 1.1897.
 
EUR/USD is short term bearish, beyond 1.1860 the corrective mode might extend towards 1.1830-1.1820.
 
On yesterday session, the EURUSD fell with a wide range and closed near the low of the range, in addition the currency pair managed to close below Monday’s low, which suggests a strong bearish momentum.

The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.

The key levels to watch are: a daily resistance 1.2041, a key level at 1.1965 (resistance) other Key level at 1.1880 (support), the 10-day moving average at 1.1837 (support) and a daily support at 1.1829.
 
The single currency lost positions against the dollar on Tuesday. The euro did not meet the positive expectations and fell for the second consecutive day. Thus, the breakthrough of resistance at 1.1979 was postponed. It is expected soon that the price is adjusted in favor of the euro. The session started at 1.1897 and the final was 60 pips down. The trend was mostly of bearish character, as the bottom of the day was hit at 1.3221.
 
EUR/USD stepped lower, but found support at the 50% Fibo of latest Spetember to early November bearish slope at 1.1820. Currently the pair is flirting with 1.1860 level and seems that bulls do not surrender.
 
On yesterday session, the EURUSD went back and forward without any clear direction, in addition closed in the middle of the daily range, furthermore the currency pair managed to within Tuesday range, which suggests being clearly neutral, neither side is showing control.

The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.

The key levels to watch are: a daily resistance 1.2041, a key level at 1.1965 (resistance) other Key level at 1.1880 (support), the 10-day moving average at 1.1843 (support), a daily support at 1.1829 and other daily support at 1.1753.
 
On yesterday session, the EURUSD initially fell but found enough buying pressure near Wednesdays low to wipe out all of its losses and closed near the high of the day, in addition the currency pair managed to close above Wednesdays high, which suggests a strong bullish momentum.

The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.

The key levels to watch are: a daily resistance 1.2041, a key level at 1.1965 (resistance) other Key level at 1.1880 (support), the 10-day moving average at 1.1865 (support), a daily support at 1.1829 and other daily support at 1.1753.
 
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