eur/usd

Good morning, Despite some doubts from my side, EUR has shown nice drop yesterday, following the major tendency. Now picture looks relatively simple. EUR either has to keep dropping from 1.0880 resistance level or short-term bearish context might be broken:

Good morning everybody, Bearish context is valid by far on EUR/USD but on 1H chart we meet some unexpected difficulties that increases risk of stronger upward action. That's why we suggest to wait a bit with new short entry:

Good morning, We intend to keep going with our EUR trading plan - dealing with bullish grabber on 4H chart. Now we're watching for 1.09-1.0910 area and how market will perform there:

Good morning, Bearish context on EUR remains intact by far. But appearing of 4H bullish grabber could re-shape market a bit on intraday charts. So, it makes sense to think about if you're watching for short entry here:

Good morning, So, everything goes well. We've got the bounce from 1.0835 COP as suggested. 2nd entry chance also has worked well. For now we do not see anything to do - just let see how story with H&S ends.

Good morning, EUR keeps bearish context, so our scenario works fine by far. We suggest that around 1.08 area might be temporal support due daily Oversold level and 50% Fib area:

Good morning, Night Iranian attack on Mossad objects in Iraq (and maybe some pro-US objects) supports dollar. Thus, EUR starts moving with our plan and H&S pattern. Downside target is 1.0735. But first we need to watch how EUR will break daily K-support area:

Good morning, We intend to keep going with our bearish scenario, while EUR keeps bearish sentiment. If by some reason it fails, the road to 1.12 area could be opened:

Good morning, EUR situation barely has changed. Mostly context remains bearish by our view and we stay with the same tactics of short entry. Long positions might be considered only if EUR will jump above 1.1040 area:

Good morning, Despite that yesterday it was seemed that bullish pattern has small chances on success - EUR has shown healthy upside bounce. Now we're watching for CPI release and 1.1030 area where 2nd chance for short entry could appear:

Good morning, So, market has formed 1H "222" Buy pattern, as we've discussed. Now we need just wait and see, whether EUR will be able to move with it or fail:

Good morning, Despite that theoretical chances on higher retracement still exist, we treat overall context as bearish and suggest that short entry is possible, at least partially:

Good morning, EUR should choose direction next week and there are few patterns that could help us to catch it:

Good morning, Bears have no headache now as they are still waiting for rally to sell, no matter by what pattern it will be triggered. While bulls do have something to think about...

Good morning, So, EUR has touched predefined strong support area. For some time we do not consider any shorts and watch for the bounce on intraday charts:

Good morning, Short-term bullish context has been broken yesterday, supposedly due higher exposure to USD assets in new portfolios of investors. Now we do not consider any long positions, and expect that market hits 1.0880-1.09 strong daily support area:

Good morning, So, initially I thought maybe to skip update today, but it seems markets actively come in motion, so, let's take a look at EUR and our 1.0980-1.10 area:

Good morning, So, we have no big changes since Friday and still watching for EUR downside retracement to consider long entry. Now 1.0980-1.10 seems like the primary area to watch:

Good morning, So, the last session of the year... downside pullback has started, as we've suggested. Now market is coiling around our 1st support level of 1.1045, but we also have another one to watch - K-area around 1.0980-1.10. Normal bullish market should not break it down with environment...

Good morning, Xmas and NY weeks do not let us to bore as EUR shows nice performance. Yesterday upward action was even stronger than we've suggested. Now we set next upside target around 1.1175-1.12 area. No shorts by far: