eur/usd

Good morning, Bearish context holds on EUR and will become stronger, but now EUR hits weekly K-support area, starting from 1.0611 level. That's why we consider only intraday scalp short positions by far with downside targets around 1.06 lows:

Good morning, Fed statement was slightly hawkish, pushing all markets down. EUR keeps bearish sentiment, but it is coming to strong weekly K-support area, starting from 1.0611. Thus, we could try to take new short position, but have to carefully control intraday performance:

Good morning, Whatever position on EUR we take - it totally depends on our Fed results suggestion. Technical analysis takes backseat today. We suspect some bearish surprises, mostly due stubbornly high US yields level. If not - 1.0745 is the next upside target to consider:

Good morning, EUR keeps short-term upside action, which means that market is preparing for dovish Fed statement. But situation is not as obvious, at least based on US 10-year yields that are not dropping. We intend to watch for 1.0720-1.0730 resistance area for short-entry. Upside breakout of...

Good morning, EUR keeps bearish context valid, but nearest destination point is not too far. WE consider ~ 1.06 area (1.0570-1.0611) as the nearest target:

Good morning, Recent strong PPI and Retail Sales data leave no question on EUR/USD balance. Today we expect tactical bounce due end of week factor and intraday support. Still our long term bearish view stands intact:

Good morning, Hawkish ECB decision could help EUR to complete our 1.0785 target. Since bullish intraday context is not destroyed - we stay aside from any shorts by far:

Good morning, EUR has not formed predefined bearish setup so we still wait with taking any new short position. Since we see reasons why CPI could be slightly lower than expectations today, we keep door open for intraday bullish setup and 1.0785 target:

Good morning, Bets on higher CPI are raising and EUR keeps daily bearish picture as well. We suggest that it hardly stays around 1.07 level for longer:

Good morning, We expect that 1.0480-1.06 area will become the major one for EUR in nearest few months. Challenging of yearly lows around 1.05 could have far going consequences and break the sentiment down:

Good morning, EUR shows lazy attempt for pullback out from our daily 1.07 target. Overall picture remains bearish, but we postpone any short entry until next week, because of bullish patterns on Gold and stock indexes:

Good morning, EUR is showing more short-term bearish signs, so, dive to 1.0690 area seems unavoidable now. But also we start getting the hints of possible following to 1.06-1.0620 area, also some more confirmations are needed:

Good morning, Our short-term setup mostly is done as EUR has reached 1.07 target. Within 1-2 sessions we will be watching for market reaction. Mid term bearish context remains intact.

Good morning, EUR accurately follows to our trading plan and we continue to watch our major 1.07 target. Until this target is hit we see nothing to do for the bulls:

Good morning, Last week EUR has crashed intraday bullish setup and now we consider 1.07 level as nearest downside target:

Good morning, EUR has come to our downside target around 1.0840 area. Now bulls have to make decision about long entry:

Good morning, A lot of coming statistics doesn't let us to make precise forecast of what could happen on EUR. But technically, as we have reverse H&S pattern, 1.0840-1.0850 area have to be considered by both sides. H&S could either start or fail there.

Good morning, JOLTS has drastically changed short-term context on EUR. Now we watch for 1.09-1.0912 target and pullback to 1.0840 area where we consider long entry:

Good morning, EUR accurately follows to our trading plan, so we keep our 1.07-1.0735 targets intact. Activity should return tomorrow, when we finally will start getting first data of important statistics.

Good morning, EUR is entering turbulence zone of weekly 1.06-1.0750 support area. Our daily target stands around 1.07. Once it will be completed EUR should show some upside response on support area: