eur/usd

Good morning, EUR keeps short term bullish context valid. We suggest that 1.0730 seems like crucial level for this scenario, which consists of two parts. First one is upward continuation to 1.0820 area, second - forming of larger reverse H&S pattern on 4H chart:

Good morning, Although long term bearish tendency stands intact, Friday performance suggests that upside bounce might be more extended. Next week we will be focused on 4H reverse H&S pattern:

Good morning, We've got awful Retail Sales numbers yesterday that have messed up our short-term bearish scenario, but EUR still stands around vital point. If it still will be broken, we should be ready for more extended upside retracement on daily chart:

Good morning, EUR needs to analyze recent CPI numbers and other ones that we get this week. Thus, today we have a tactical setup on intraday charts. As our butterfly stands in progress and expected pullback is underway, we consider 1.0670 as next downside target:

Good morning, Yes, CPI has become a trigger, but this drop was preparing by corresponding fundamental background. We constantly talk in our reports on new inflationary spiral. Now the Fed has big headache. This tendency is not just temporal CPI reaction, it should continue. That's why next...

Good morning, So, EUR accurately has dropped out from 1.08 area, that we've chosen for short entry in weekend. At the same time, drop was relatively fast and we suppose many of you have missed this. Don't upset with that - with additional bearish patterns in place now we have 2nd chance for...

Good morning, Although EUR has shown anticipated upside bounce - it shows no signs of upside acceleration. That's why, we start watching for 1.08-1.0830 area as the first one for short entry.

Good morning, EUR has shown natural downside reaction that doesn't hurt bullish context by far. Next upside target is 1.08 and then 1.0830. Second moment to watch - upside breakout of 1.0790 resistance. EUR has to do it to keep bullish context valid:

Good morning, EUR has hit the first 1.0790 target. Now let's see for reaction. Downside breakout of 1.0745 support level will increase chances of bearish action:

Good morning, DRPO "Buy" pattern has started well on EUR. We hope that it will reach classic target around 1.08-1.0810. Nearest target stands around 1.0785 and agrees with Fib resistance level:

Good morning, Due to conclusions that we've made in our recent weekly report, US authorities will continue to support US Dollar to keep it slightly better than the rivals. This makes us think that started downside tendency on EUR/USD should stay. Today we watch for upside reaction from strong...

Good morning, Last week we've got hard whipsaw action on EUR, mostly due often intruding of external factor in natural price behavior. If we correct with our fundamental view, USD should not show bearish reversal in nearest few months. Thus, major EUR/USD trend remains bearish by far:

Good morning, Trading EUR in recent days has become a real challenge. Now context has turned bullish and we do not consider taking new shorts by far. We suggest to wait intraday downside retracement to consider position taking after NFP will be released.

Good morning, Despite volatility EUR keeps bearish context intact. NFP could intrude, but for now we consider 1.0850 area potentially interesting for another short entry:

Good morning, EUR accurately holds bearish context, thus we keep watching for 1.0740 downside target. Be aware of Fed results today and coming NFP report on Friday.

Good morning, EUR keeps bearish context valid by far. We consider 1.0870-1.0880 as vital area for the bears, although do not exclude chances for the pullback right to it due to 4H butterfly target completion:

Good morning, Bears have nominal advantage due trend direction and some other reasons, but mostly EUR stands indecision, not inspiring to take any position by far:

Good morning, Gold doesn't show as dramatic action as EUR due to recent ECB and GDP reports. Still, price is stuck between two vital areas, keeping valid both scenarios. That's why we suggest to wait a bit and see what will happen next week:

Good morning, Once again external factors of ECB comments and GDP release has broken the natural shapes of price swings. As a result, bearish context on EUR remains and we keep watching for OP target around 1.0745, but suggest that it would be better to make any decisions on position taking on...

Good morning, With 4H bullish grabber on the back and potential reverse H&S shape on 1H chart we consider bullish scenario for EUR. Risk comes from ECB comments and IVQ GDP report today that could make strong impact.