Good morning,
Bets on higher CPI are raising and EUR keeps daily bearish picture as well. We suggest that it hardly stays around 1.07 level for longer:
Good morning,
We expect that 1.0480-1.06 area will become the major one for EUR in nearest few months. Challenging of yearly lows around 1.05 could have far going consequences and break the sentiment down:
Good morning,
EUR shows lazy attempt for pullback out from our daily 1.07 target. Overall picture remains bearish, but we postpone any short entry until next week, because of bullish patterns on Gold and stock indexes:
Good morning,
EUR is showing more short-term bearish signs, so, dive to 1.0690 area seems unavoidable now. But also we start getting the hints of possible following to 1.06-1.0620 area, also some more confirmations are needed:
Good morning,
Our short-term setup mostly is done as EUR has reached 1.07 target. Within 1-2 sessions we will be watching for market reaction. Mid term bearish context remains intact.
Good morning,
EUR accurately follows to our trading plan and we continue to watch our major 1.07 target. Until this target is hit we see nothing to do for the bulls:
Good morning,
A lot of coming statistics doesn't let us to make precise forecast of what could happen on EUR. But technically, as we have reverse H&S pattern, 1.0840-1.0850 area have to be considered by both sides. H&S could either start or fail there.
Good morning,
JOLTS has drastically changed short-term context on EUR. Now we watch for 1.09-1.0912 target and pullback to 1.0840 area where we consider long entry:
Good morning,
EUR accurately follows to our trading plan, so we keep our 1.07-1.0735 targets intact. Activity should return tomorrow, when we finally will start getting first data of important statistics.
Good morning,
EUR is entering turbulence zone of weekly 1.06-1.0750 support area. Our daily target stands around 1.07. Once it will be completed EUR should show some upside response on support area:
Good morning,
Germany PMI has crashed all bulls' hopes on EUR and has not let upside scenario to be formed. Now we suggest downside continuation to 1.07 daily target:
Good morning,
EUR starts the bounce that we've discussed last week. First, we're watching on 1.0960-1.0980 resistance area and price response around it:
Good morning,
EUR stands around 1.0840-1.0860 daily support area, so we expect some bounce before considering next short position taking. Supposedly at least to 1.0930 area but more probable to 1.0960-1.0980 resistance area:
Good morning,
US yields rally is taking pause and EUR turns to wobbling action. Now we're watching for EU CPI numbers that could bring some volatility and EUR could try to touch our 1.0845 target, but mostly we think that this week trading plan is done:
Good morning,
Our short-term bearish scenario mostly is completed. Tomorrow we get EU CPI numbers and call to think about at least partial result booking, and not taking new shorts by far:
Good morning,
EUR is still coiling around 1.0890 lows, showing reaction on daily support level. Although it could climb slightly higher to 1.0950 area, but we still think that bears have advantage now and reaching of our next 1.0846 target is a question of time:
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