eur/usd

Good morning, It is difficult to say what will happen on NFP, but for now EUR keeps bullish context and 1.06 area seems the nearest one where it could turn up again:

Good morning, Despite that EUR dynamic looks not impressive, we warn against taking short position right now, because context remains bullish:

Good morning, The problem now that technical and fundamental background contradicts to each other. The former still stands bullish while the latter suggests dollar raising. This makes difficult the process of decision making. So, IMO it is better to wait. The vital area for both scenarios is...

Good morning, So, daily grabbers are working, suggesting action above 1.07 on EUR. Until they valid, we do not consider any short positions:

Good morning, EUR keeps nominal bullish daily context, with now two bullish grabbers on board (on DXY chart), but we suggest to see Monday open due to Middle East escalation, to make a decision on any bullish position. If grabbers remain valid - it should be safer entry and at better price...

Good morning, Appearing of bullish patterns on GBP and DXY makes us to take on pause our EUR bearish scenario and see what we get on PCE release:

Good morning, EUR keeps short-term bearish context. Today we expect higher volatility due ECB and GDP release, so, hopefully we get our bounce. For now, 1.06 area seems the first one where we could get the chance to sell.

Good morning, EUR was not able to stay yesterday above predefined 1.0615 support area, showing strong plunge. We suggest that short-term context has turned bearish and consider an area of ~ 1.0620 for potential short entry:

Good morning, A bulk of news has pushed Dollar Index in retracement, supporting upside action on EUR. Now we consider 1.0750-1.08 as next upside target.

Good morning, EUR now has no clear intraday direction, keeping chances on minor upside continuation in an area of 1.0620-1.0630, although we do not have absolute confidence that this will happen. That's why it would be better either to wait for clarity or be gentle with short entry decision...

Good morning, Despite recent J. Powell mess, EUR keeps bearish context. For now 1.0590 area seems possible to consider for another entry attempt or postpone the decision to the next week...

Good morning, Unstoppable yields jump and technical picture on EUR suggests downside continuation. WE consider ~1.0560 resistance level for possible short entry. Major downside target is 1.012 but there few secondary and closer ones.

Good morning, EUR has done nice with minor reverse H&S pattern, but, as we've suggested - it has no power to complete the large one. Besides, price action now on EUR and especially on GBP brings more bearish signs and we do not consider taking any long positions by far:

Good morning, Although EUR still keeps theoretical chances on upside action, but as fundamental background as price shape suggest that challenging of daily lows seems more probable:

Good morning, Downside B&B trade mostly is completed, but the US 10-year yield performance makes us think that we could get continuation and downside AB-CD pattern next week. Today we're watching for tactical bounce after collapse:

Good morning, Upside action shows signs of exhausting. CPI upside surprise and drop of SPR today could trigger downside pullback. We keep watching for reversal patterns on intraday charts. Technically it would be correct if reversal starts from ~1.0665 area where major intraday targets stand...

Good morning, EUR keeps short-term bullish context by far and chances to show a bounce up to 1.0650-1.0670 area. We suggest that scenario holds until price is above 1.0480 lows:

Good morning, Technical picture shows short-term bullish sentiment on EUR. But, due to events in Israel we prefer to see Monday's open to make any decisions, as demand for USD could jump:

Good morning, EUR has tried to use at least something to get a minor relief of unstoppable pressure. This time it has become an ADP. Slightly lower numbers have triggered the pullback. We still keep our bearish view intact and consider ~1.04 area as next target, despite that NFP volatility...

Good morning, EUR starts showing signs of bearish dynamic pressure on 1H chart. And with the 10-year yields around 4.9% already, we suggest that downside action to 1.0410 target could start today: