eur/usd

Good morning, Upside action shows signs of exhausting. CPI upside surprise and drop of SPR today could trigger downside pullback. We keep watching for reversal patterns on intraday charts. Technically it would be correct if reversal starts from ~1.0665 area where major intraday targets stand...

Good morning, EUR keeps short-term bullish context by far and chances to show a bounce up to 1.0650-1.0670 area. We suggest that scenario holds until price is above 1.0480 lows:

Good morning, Technical picture shows short-term bullish sentiment on EUR. But, due to events in Israel we prefer to see Monday's open to make any decisions, as demand for USD could jump:

Good morning, EUR has tried to use at least something to get a minor relief of unstoppable pressure. This time it has become an ADP. Slightly lower numbers have triggered the pullback. We still keep our bearish view intact and consider ~1.04 area as next target, despite that NFP volatility...

Good morning, EUR starts showing signs of bearish dynamic pressure on 1H chart. And with the 10-year yields around 4.9% already, we suggest that downside action to 1.0410 target could start today:

Good morning, EUR keeps bearish sentiment. Today we consider bounce to 1.05-1.0520 area for potential short entry with 1.0410-1.0435 destination point:

Good morning, EUR has formed bearish grabber on Friday, suggesting that previous lows could be re-tested, but the decision on position taking is a bit tricky because of possible reverse H&S on 1H chart:

Good morning, EUR has formed bearish grabber on Friday, suggesting that previous lows could be re-tested, but the decision on position taking is a bit tricky because of possible reverse H&S on 1H chart:

Good morning, EUR shows even faster downside action than we thought. 1.0475 target is done within a single session. Although context remains bearish, market is at oversold now and we will be watching for the bounce, at least to 1.0560 area:

Good morning, We consider 1.0475 as nearest downside target on EUR. Due some technical issues, before downside action will continue, the pullback might be a bit higher than yesterday and we keep an eye on 1.0630-1.0640 area:

Good morning, EUR keeps bearish context and we consider 1.0630 intraday resistance as for potential short entry and as invalidation point for short-term context:

Good morning, We consider 1.0450-1.075 target as highly likely on EUR in nearest few weeks. Still, before taking any positions, we need to get clarity around possible upside bounce:

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: