EURUSD Outlook

EUR/USD breached 1.2537 high to 1.2555 last week but quickly retreated. Initial bias is turned neutral this week first. On the upside, break of 1.2555 will revive the bullish case of up trend resumpt...
EURUSD Outlook

EUR/USD failed to sustain above 1.2537 and retreated. Break of 1.2456 minor support argues that EUR/USD could be rejected by 1.2537 resistance. Intraday bias is turned back to the downside for 1.2205 ...
EURUSD Outlook

EUR/USD's rally continues today and breach of 1.2537 resistance suggests that larger up trend is resuming. Intraday bias stays on the upside. Sustained trading above 1.2537 will confirm and page the w...
EURUSD Outlook

Intraday bias in EUR/USD remains on the upside for 1.2537 high. As noted before, pull back from there should be completed at 1.2205 already. Decisive break of 1.2537 will resume larger up trend and ta...
EURUSD Outlook

EUR/USD's strong rebound and break of 1.2403 suggests that pull back from 1.2537 has completed at 1.2205, after drawing support from 1.2222 key support level. Intraday bias is back on the upside for 1...
EURUSD Outlook

EUR/USD's recovery was limited well below 1.2403 minor resistance and weakens sharply. Intraday bias stays neutral with focus back of 1.2222. On the downside, sustained break of 1.2222 key support sho...
EURUSD Outlook

At this point, EUR/USD is staying below 1.2403 minor resistance and intraday bias stays neutral. On the downside, sustained break of 1.2222 key support should confirm rejection from 1.2516 key fibonac...
EURUSD Outlook

EUR/USD recovers further today but stays below 1.2403 minor resistance, intraday bias remains neutral first. On the downside, sustained break of 1.2222 key support should confirm rejection from 1.2516...
EURUSD Outlook

Intraday bias in EUR/USD remains neutral with focus on 1.2222 key near term support. Sustained break there should confirm rejection from 1.2516 key fibonacci level, as well as near term reversal, o...
EURUSD Outlook

Intraday bias in EUR/USD remains neutral for the moment. Focus stays on 1.2222 support. Sustained break there should confirm rejection from 1.2516 key fibonacci level, as well as near term reversal, ...
EURUSD Outlook

EUR/USD continues to draw support from 1.2222 and recovers today. Intraday bias stays neutral with focus on 1.2222. Sustained break there should confirm rejection from 1.2516 key fibonacci level, as w...
EURUSD Outlook

EUR/USD dropped to as low as 1.2205 last week but failed to sustain below 1.2222 key support so far. Initial bias remains neutral this week first, with focus on 1.2222. Sustained break there should co...
EURUSD Outlook

Focus remains on 1.2222 support in EUR/USD. Sustained break of 1.2222 should confirm rejection from 1.2494/2516 key fibonacci level, as well as near term reversal, on bearish divergence condition in ...
EURUSD Outlook

EUR/USD breached 1.222 key support but there is no follow through selling yet. Nonetheless, there is also no sign of bottoming and intraday bias remains on the downside. Sustained break of 1.2222 shou...
EURUSD Outlook

EUR/USD's decline continues today and the breaching of 1.2222 support now raise the chance of rejection from 1.2494/2516 key fibonacci level. Sustained trading below 1.2222 should at least confirm nea...
EURUSD Outlook

EUR/USD drops to as low as 1.2245 so far. Downside acceleration as seen in 4 hour MACD is raising the chance of trend reversal. But we'd prefer to see decisive break of 1.2222 support to confirm. Sust...
EURUSD Outlook

EUR/USD weakens mildly in early US session. But after all, it's staying in consolidation pattern from 1.2537 and intraday bias remains neutral. As long as 1.2222 support holds, further rise is in favo...
EURUSD Outlook

EUR/USD is still staying in consolidation below 1.2537 and intraday bias remains neutral. As long as 1.2222 support holds, further rise is in favor. Sustained break of 1.2494/2516 will target 100% pro...