eur/usd

  1. Sive Morten

    Forex EUR/USD Daily Video, February 06, 2023

    Good morning, Downside action starts and it is yet to be seen how it corresponds to our long term view. Meantime, we expect downside continuation to ~ 1.07 area after tactical pullback to 1.0880 on Monday:
  2. Sive Morten

    Forex EUR/USD Daily Video, February 03, 2023

    Good morning, It seems that market review recent performance, or, just short-term traders are booking profit at the eve on NFP report. Whatever it is, we suggest that EUR should move lower and reach 1.0820 support area, at least. Bearish positions could be considered on intraday charts:
  3. Sive Morten

    Forex EUR/USD Daily Video, February 02, 2023

    Good morning, Market reacts on "deflation" word in Fed press-conference, but whether this reaction is long term - we will see. Currently we do not consider long positions due monthly overbought and 1.1050 strong resistance. For short position taking we do not have any background yet:
  4. Sive Morten

    Forex EUR/USD Daily Video, February 01, 2023

    Good morning, Once our intraday setup has been completed, EUR stands in upside bounce. Upside retracement has reached supposed destination point and we need to get downside reversal again to make decision on position taking.
  5. Sive Morten

    Forex EUR/USD Daily Video, January 31, 2023

    Good morning, Technical picture of EUR tells that most logical sequence of action now is reaching of 1.0822 target, pullback and downside continuation to 1.0766. If, of course, coming big events will not intrude... but they probably will.
  6. Sive Morten

    Forex EUR/USD Daily Video, January 30, 2023

    Good morning, EUR is entering big resistance area of 1.0950-1.1050. Our major task now is to identify the response on daily chart and see whether market will form some solid bearish pattern. If we're correct, it should provide downside scenario with solid potential:
  7. Sive Morten

    Forex EUR/USD Daily Video, January 27, 2023

    Good morning, EUR starts showing signs of weakness on intraday chart. Although there are still theoretical chances on upside action to 1.0950, but we suggest that deeper retracement is more probable. Downside breakout of 1.0835 lows could confirm it:
  8. Sive Morten

    Forex EUR/USD Daily Video, January 26, 2023

    Good morning, So, we're slowly coming to bulk of data release. EUR keeps upside tendency and we still consider 1.0950-1.0970 area as nearest destination point. Once it will be completed, some downside reaction could start:
  9. Sive Morten

    Forex EUR/USD Daily Video, January 25, 2023

    Good morning, Performance of DXY suggests a bit more of weakness, that should get EUR chance to reach 1.0950-1.0970 target. But intraday trading becomes very tricky in recent few sessions, as market makers start shaking the boat at the eve of the statistics release.
  10. Sive Morten

    Forex EUR/USD Daily Video, January 24, 2023

    Good morning, EUR keeps bullish context. Now we have technical signs that 1.0950 level probably should be reached:
  11. Sive Morten

    Forex EUR/USD Daily Video, January 23, 2023

    Good morning, EUR is coming to very strong 1.0950 - 1.1250 resistance cluster and we're not sure that it will be able to break it up. Other words speaking, we're going to be careful to any bearish patterns around it on daily/intraday basis:
  12. Sive Morten

    Forex EUR/USD Daily Video, January 20, 2023

    Good morning, Market shows very tight range this week, so our technical analysis barely has changed. EUR holds bullish context by far and we still consider 1.0970 as a possible upside target. Be aware of real estate market statistics today as it could make investors recall poor Retail Sales.
  13. Sive Morten

    Forex EUR/USD Daily Video, January 19, 2023

    Good morning, "-1.1%" Retail Sales has spooked investors a bit, triggering some demand for US Dollar. EUR keeps bullish daily context by far, but has no room to retreat. Downside breakout of 1.0730 level will turn context into bearish:
  14. Sive Morten

    Forex EUR/USD Daily Video, January 18, 2023

    Good morning, Currencies show now contradictive action. While JPY and EUR are trying to go down, NZD, GBP are showing upside action. So, market stands in some indecision action, watching for PPI, Retail Sales numbers. We still consider 1.0720-1.0750 area on EUR to make a decision on long entry:
  15. Sive Morten

    Forex EUR/USD Daily Video, January 17, 2023

    Good morning, Investors either wait for PPI or just aware of debt ceil argue and take no drastic steps by far. We do see nothing to do by far on EUR, mostly watching either for some pattern or, at least moderate pullback:
  16. Sive Morten

    Forex EUR/USD Daily Video, January 16, 2023

    Good morning, First, we intend to consider most light bullish scenario around 1.07-1.0720 support area that EUR could bounce from. If it will not work, we turn to alternative variants:
  17. Sive Morten

    Forex EUR/USD Daily Video, January 13, 2023

    Good morning, Based on recent NFP and CPI data market has good momentum, free space and time until Fed meeting. Thus, we do not exclude that EUR tries to climb here to next strong resistance area of 1.1050-1.11 within next 1-2 weeks.
  18. Sive Morten

    Forex EUR/USD Daily VIdeo, January 12, 2023

    Good morning, EUR is coiling around the same area. Currently situation is not friendly as for new long as for new short positions. We're watching for 1.0805 nearest target, but mostly everything depends on CPI now. All markets show contradictive action as psychological pressure is rising.
  19. Sive Morten

    Forex EUR/USD Daily Video, January 11, 2023

    Good morning, All currencies stand quiet as nobody wants to make sharp moves before CPI numbers. EUR keeps the same setup as yesterday. Maybe CPI will change this, but for now context remains bullish and we consider the same upside targets of 1.0805 and 1.0890
  20. Sive Morten

    Forex EUR/USD Daily Video, January 10, 2023

    Good morning, EUR is stuck around 1.0750 weekly resistance. Nearest upside targets are 1.0805 and 1.0893. Upside action looks a bit fragile as it is not supported by other currencies. Now we consider 1.06 as possible level for long position taking:
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