eur/usd

Good morning, So, we've got downside action EUR that we were counting on, but now some bullish patterns have been formed that could change the shape on intraday time frames:

Good morning, The 1st stage of our trading plan is done - EUR pullbacks out from 1.08 support and has reached 1.0845-1.0855 resistance level. Now we should make a decision on short entry:

Good morning, EUR holds bearish context. In the beginning of the week we expect reaching of ~1.08 downside target and hope for tactical pullback supposedly to 1.0860-1.0890 area that supposedly might be considered for another short entry:

Good morning, Our yesterday's plan has worked well, and EUR now starts action with big daily H&S pattern. Today we expect to reach 1.0795-1.08 nearest target. Those who has missed entry yesterday could get another chance:

Good morning, Fundamental background shows no reasons for optimism, despite recent Fed's comments. We treat rally as temporal one and treat it as retracement within major bearish tendency by far. 1.0915-1.0920 area might be interesting for potential short entry:

Good morning, It's just a single session passed but we already have some important moments and patterns. Now we suggest that EUR is going to 1.0835 nearest target. Next direction depends on the Fed's results:

Good morning, EUR now has good bearish background, but coming Fed meeting makes everything a bit more sophisticated. There are some tricky moments exist that we have to deal with:

Good morning, PPI/Retail Sales have triggered downside action on EUR. Today we are watching for confirmation weekly patterns to get confidence that this action is a starting point of big H&S pattern on daily chart:

Good morning, EUR upside action has happened yesterday, but we should not forget that we primarily are watching for big bearish reversal pattern on daily chart. Today we get PPI and Retail Sales, EUR still has chances for spike up, but keep an eye on bearish reversal patterns as well:

Good morning, EUR has shown mild reaction on CPI numbers, keeping bullish context intact. Despite minor reaction, chances that EUR could finally complete 1.0985-1.0990 target are not bad:

Good morning, As DXY as EUR stand around very special price level. Depending on performance that we will see through the week, we should get very important patterns that could set the direction for few weeks ahead.

Good morning, It seems that EUR "222" Sell" daily pattern will be in our focus on next week. Here is how we intend to trade it:

Good morning, EUR stands near daily 1.0970 resistance area. Our upside 1.0988 target is not done yet, but NFP release could bring some tricks today. Keeping it aside, we consider 1.09 support area as potentially interesting for long entry with the same 1.0988 target:

Good morning, Due coming ECB meeting today, EUR could stay a bit silence now. We expect to see minor downside reaction to ~1.0870 area and upside continuation later on. Daily context remains bullish

Good morning, Upside action on EUR was interrupted by Red Sea incident yesterday, due short-term dollar jump. Now it seems it is over and EUR is turning north again. We count on upside breakout attempt and consider 1.0840 level as local invalidation point.

Good morning, EUR is keep moving higher, overall context remains bullish. Today we're interested with 1.0840 support area as a potential level for long entry.

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:

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:

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...

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. :