eur/usd

  1. Sive Morten

    Forex EUR/USD Daily Video, March 04, 2024

    Good morning, EUR Friday's rally, triggered by poor PMI data supports daily bullish context and makes us to set next upside target around 1.0970-1.0980 area. On Monday we consider intraday support levels for possible long entry:
  2. Sive Morten

    Forex EUR/USD Daily Video, March 01, 2024

    Good morning, EU inflation data was week which has pressed on EUR, raising chances that ECB should cut first. As a result EUR has dropped, making us keep watching for 1.0780-1.0790 support area:
  3. Sive Morten

    Forex EUR/USD Daily Video, February 29, 2024

    Good morning, EUR shows progress with our bullish context. If we wouldn't have PCE today, I would say it should keep going higher. But PCE brings some adjustments to trading plan, that we have to foresee...
  4. Sive Morten

    Forex EUR/USD Daily Video, February 28, 2024

    Good morning, So, our intraday bearish action is started. It means that bulls could get chance to take position around 1.0790-1.08 area. :
  5. Sive Morten

    Forex EUR/USD Daily Video, February 27, 2024

    Good morning, Today EUR stands at critical level of ~1.0860. In fact price re-tests daily K-resistance area. Upside breakout means that no return back to 1.08 will happen. If level holds, we could get downside AB-CD and harmonic right arm for 4H reverse H&S pattern:
  6. Sive Morten

    Forex EUR/USD Daily Video, February 26, 2024

    Good morning, EUR keeps intraday bearish setup valid. We consider 1.0790 target as very probable, and treat 1.0750-1.0770 target area as unstable one with less chances to be reached. We do not consider long positions by far and suggest that first chances for long entry could appear only around...
  7. Sive Morten

    Forex EUR/USD Daily Video, February 23, 2024

    Good morning, So, market is started expected reaction on ~1.0870 daily resistance area. Today we consider intraday bearish setup and patterns that we could use for position taking:
  8. Sive Morten

    Forex EUR/USD Daily Video, February 22, 2024

    Good morning, Short-term context on EUR remains bullish and everything goes with our scenario. Now we're watching the 1.0875 level as an upside target as an area where we could see background for short entry on daily chart:
  9. Sive Morten

    Forex EUR/USD Daily Video, February 21, 2024

    Good morning, Daily context on EUR remains bullish, although fundamental background stands more in favor of downside reversal. It makes us to keep a close eye on 1.0865-1.0880 strong resistance level for potential short position:
  10. Sive Morten

    Forex EUR/USD Daily Video, February 20, 2024

    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:
  11. Sive Morten

    Forex EUR/USD Daily Video, February 19, 2024

    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:
  12. Sive Morten

    Forex EUR/USD Daily Video, February 16, 2024

    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:
  13. Sive Morten

    Forex EUR/USD Daily Video, February 15, 2024

    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:
  14. Sive Morten

    Forex EUR/USD Daily Video, February 14, 2024

    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...
  15. Sive Morten

    Forex EUR/USD Daily Video, February 13, 2024

    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...
  16. Sive Morten

    Forex EUR/USD Daily Video, February 12, 2024

    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.
  17. Sive Morten

    Forex EUR/USD Daily Video, February 09, 2024

    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:
  18. Sive Morten

    Forex EUR/USD Daily Video, February 08, 2024

    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:
  19. Sive Morten

    Forex EUR/USD Daily Video, February 07, 2024

    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:
  20. Sive Morten

    Forex EUR/USD Daily Video, February 06, 2024

    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...
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