The outlook has grown increasingly bearish since EURUSD had remained below its latest swing high at (1.2899). If this resistance level is broken to the upside, the outlook will deteriorate.Our bias is on selling EURUSD with a stop loss above (1.2899) for today.
We see high chances of the pair move down gradually towards (1.2805 – 1.2764). A proper confirmation would occur if the EURUSD will manage to close below the (1.2847) support over today`s trading session.Shorting EURUSD is advisable for...
EURUSD maintains a bid tone for now. Break above (1.3038) may trigger further recovery of the EURUSD. Going bellow latest swing low at (1.2843), however, would confirm continuation of the bearish trend, towards next objective downwards (1.2688).Our bias...
We see high chances of the pair move down gradually towards (1.2915 – 1.2889). A proper confirmation would occur if the EURUSD will manage to close below the (1.2947) support over today`s trading session.Shorting EURUSD is advisable for...
We see high chances of the pair move in a range between (1.3177 – 1.3000). A proper move above (1.3177) confirms a probable rally towards (1.3194). However, if EURUSD manage to close below (1.3000) will support a call...
We see better value in long positions. If the price will advance above the first resistance at (1.3194), this would confirm continuation of the bullish trend, towards next objective upwards (1.3242) then (1.3335) and (1.3458) will follow.Look for...
We see high chances of the pair move up gradually towards (1.3155 – 1.3218). A proper confirmation would occur if the EURUSD will manage to overcome the (1.3115) resistance over today`s trading session.Look for long positions for today`s...
We expect a bullish overall direction for today. That requires the base to build on (1.3038); targeting (1.3120) then (1.3159). A break under (1.3043) support area will extend losses to (1.2890).Try to buy on depth with a stop...
Currently, further bullish actions could be seen on EURUSD. A break below (1.3044) could be a threat to the bullish scenario targeting (1.3034) even (1.2981). On upside. Immediate resistance is at (1.3227). A close above that area should...