Good morning,
EUR stands quiet at the eve of NFP and not too many things to discuss, as we're still watching for our 1.0880-1.0885 target cluster. We just could discuss some ways of technical reaction on daily support area:
Good morning,
EUR accurately follows our scenario and coming to the target around 1.0880 level. Since 1.0860 is daily oversold - we expect tactic bounce out from 1.0860-1.0880 area:
Good morning,
EUR keeps bearish scenario. Now we suggest that downside action has more chances to start from current levels rather than from 1.1070 resistance area. Target remains the same - 1.0880 area:
Good morning,
EUR shows bounce from our first resistance level of 1.1035-1.1040. Still, intraday performance tells that chances on testing of 1.1070 are still exist. So, maybe we could get another, better entry price later in the session:
Good morning,
Statistics release has crushed markets so, we have to start right from the scratch again. Since EUR is oversold now, we have to wait for pullback, at least to 1.1030 (better to 1.1070) to consider short entry. Nearest target is 1.0880-1.090 level:
Good morning,
EUR has started well from predefined 1.1060 level. Now we consider 1.1161-1.1178 as nearest targets. Further up move depends on ECB tone, whether it will be hawkish enough or not:
Good morning,
EUR has touched daily oversold and 1.1030 support area, forming bullish "Stretch" pattern. Today situation looks better for long entry and we consider 1.1060 level with reverse H&S on 1H chart for possible long entry. Major risk factor is Fed statement.
Good morning,
Our 1.1060 target is done, but market doesn't show yet any bullish signs. We suggest that 1.10-1.1060 area has good chances to form an upward bounce. But we should be patient a bit more and wait for the clear patterns before taking any long position.
Good morning,
EUR slowly but stubbornly is moving lower. Of course we would prefer faster action but it goes as it goes. Now we could identify few targets and our preferable is 1.1115-1.1130:
Good morning,
EUR has touched 1.1275 level that we've discussed yesterday. Now we expect reaction on strong weekly resistance area and watch for bearish patterns on intraday charts.
Good morning,
EUR has great sentiment but technically is overextended and at strong weekly resistance. that's why we do not consider any new longs by far, waiting for moderate pullback:
Good morning,
EUR has completed 1.1210-1.1220 target and now stands at overbought and strong weekly resistance area. That's why, despite solid upside momentum, we do not consider immediate position taking and watch for pullback, supposedly to ~ 1.11 area:
Good morning,
CPI has given new bullish impulse to the market and we turn to the next 1.1220 daily target. Meantime, EUR is at overbought and now we consider the pullback for new long position taking:
Good morning,
EUR is following to our trading plan very accurately and we're still watching for 1.1060-1.1065 target. But, the question concerning new long entry right now is a bit tricky due to CPI report and small upside potential to the target:
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.