EURUSD

EURUSD Analysis 2012.05.14

by Michael on May 14, 2012

[Forex | Euro vs US Dollar] EURUSD maintains a bid tone for now. Break above (1.2966) may trigger further recovery of the EURUSD. Going bellow latest swing low at (1.2853), however, would confirm continuation of the bearish trend, towards next objective downwards (1.2733).Short positions are favored for today.

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EURUSD Analysis 2011.10.20

October 20, 2011
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[Forex-1 | Euro vs US Dollar] Currently, further bullish actions could be seen on EURUSD. A break below (1.37150) could be a threat to the bullish scenario targeting (1.34954) even (1.34554). On upside. Immediate resistance is at (1.37996). A close above that area should keep the major bullish scenario intact testing (1.38940) area.Longing EURUSD is advisable for today.

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EURUSD Analysis 2011.10.14

October 14, 2011
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[Forex-1 | Euro vs US Dollar] The outlook has grown increasingly bullish since EURUSD had remained above its latest swing low at (1.36751). If this support level is broken to the downside, the outlook will deteriorate.Look for long positions for current trading session.

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EURUSD Analysis 2011.10.13

October 13, 2011
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[Forex-1 | Euro vs US Dollar] We can say that additional bullish movements could be seen during current session, particularly if it succeeded to stabilize above (1.35725) zones. A proper confirmation would occur if the EURUSD will manage to overcome the (1.38337) resistance.Buy on depth for today with a stop loss below (1.35725).

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EURUSD Analysis 2011.10.10

October 10, 2011
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[Forex-1 | Euro vs US Dollar] It’s likely that EURUSD will decline. A break above (1.35345) could be a threat to the bearish scenario targeting (1.36380) even (1.37448). On the downside, immediate support is at (1.33305). Break below that area should keep the major bearish scenario intact testing (1.31638) areaShort positions are favored for today.

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EURUSD Analysis 2011.10.07

October 7, 2011
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[Forex-1 | Euro vs US Dollar] We see high chances of the pair move down gradually towards (1.33305 – 1.32414). A proper confirmation would occur if the EURUSD will manage to close below the (1.33837) support over today`s trading session.Shorting EURUSD is advisable for today.

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EURUSD Analysis 2011.10.06

October 6, 2011
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[Forex-1 | Euro vs US Dollar] We prefer a downside scenario at this phase. Since bias is bearish in nearest term targeting (1.31638). Another move back above (1.33937) could lead us to neutral zone.Short positions are favored for today.

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EURUSD Analysis 2011.10.05

October 5, 2011
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[Forex-1 | Euro vs US Dollar] We see better value in short positions. If the price will go below the first support at (1.32871), this would confirm continuation of the bearish trend, towards next objective downwards (1.32050) then (1.31638) and (1.30633) will follow.Look for short positions for current trading session.

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EURUSD Analysis 2011.09.27

September 27, 2011
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[Forex-1 | Euro vs US Dollar] We see better value in short positions. If the price will go below the first support at (1.34811), this would confirm continuation of the bearish trend, towards next objective downwards (1.34184) then (1.33622) and (1.32932) will follow.You may try to sell from (1.35867), (1.36287), and (1.36690) with a stop loss above (1.35521).

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EURUSD Analysis 2011.09.23

September 23, 2011
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[Forex-1 | Euro vs US Dollar] We see high chances of the pair move down gradually towards (1.32647 – 1.31448). A proper confirmation would occur if the EURUSD will manage to close below the (1.33847) support over today`s trading session.Our bias is on selling EURUSD with a stop loss above (1.38070) for today.

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EURUSD Analysis 2011.09.22

September 22, 2011
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[Forex-1 | Euro vs US Dollar] It’s likely that EURUSD will decline. A break above (1.38070) could be a threat to the bearish scenario targeting (1.37832) even (1.38779). On the downside, immediate support is at (1.34975). Break below that area should keep the major bearish scenario intact testing (1.32574) areaShort positions are favored for today.

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EURUSD Analysis 2011.09.21

September 21, 2011
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[Forex-1 | Euro vs US Dollar] Weakness in EURUSD is likely to continue. We see a less chances of an immediate rise on the instrument for short-term technical outlook. Next downside barriers follow (1.36359) at (1.35933) and (1.35284).Short positions are favored for today.

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EURUSD Analysis 2011.09.13

September 13, 2011
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[Forex | Euro vs US Dollar] We believe that possible bearishness could be seen during this trading session. Immediate resistance is at (1.3704). Close above that area could lead us to neutral zone as direction would become unclear, but as long as price moves below that level the major scenario remains bearish.We will try to sell EURUSD from our mentioned resistance levels.

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EURUSD Analysis 2011.09.12

September 12, 2011
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[Forex | Euro vs US Dollar] We prefer a downside scenario at this phase. Since bias is bearish in nearest term targeting (1.3446). Another move back above (1.3946) could lead us to neutral zone.We will be looking to sell EURUSD upon any price retracement.

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EURUSD Analysis 2011.09.02

September 2, 2011
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[Forex | Euro vs US Dollar] We can say that additional bearish movements could be seen during current session, particularly if it succeeded to maintain prices below (1.4475) zones. A proper confirmation would occur if the EURUSD will manage to fall beyond the (1.4200) support level.Our bias is on selling EURUSD with a stop loss above (1.4475) for today.

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EURUSD Analysis 2011.08.30

August 30, 2011
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[Forex | Euro vs US Dollar] We see better value in long positions. If the price will advance above the first resistance at (1.4596), this would confirm continuation of the bullish trend, towards next objective upwards (1.4434) then (1.4393) and (1.4313) will follow.You may try to buy from (1.4481), (1.4434), and (1.4393) with a stop loss below (1.4480).

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EURUSD Analysis 2011.08.18

August 18, 2011

[Forex | Euro vs US Dollar] The outlook has grown increasingly bullish since EURUSD had remained above its latest swing low at (1.4342). If this support level is broken to the downside, the outlook will deteriorate.Longing EURUSD is advisable for today.

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EURUSD Analysis 2011.08.17

August 17, 2011
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[Forex | Euro vs US Dollar] The outlook has grown increasingly bullish since EURUSD had remained above its latest swing low at (1.4344). If this support level is broken to the downside, the outlook will deteriorate.Longing EURUSD is advisable for today.

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