As Eur/Usd is at a critical 1:1 price here is what might happen in the upcoming week on both sell and buy options.
EUR/USD Balance of volumes is shifted towards sales. There are no serious factors for a trend change, we consider all growth attempts as an intermediate correction. The dollar will react sharply to US inflation data, so we will not succumb to the provocations of speculators.
EUR/USD Euro continues to move towards the parity level a breakdown of 1.0000-0.9950 zone may cause a fall by another 1.5-2 figures. Bulls are not yet able to reverse the trend but they can organize a strong correction: any purchases are relevant only on a confident breakdown of the 1.0250-1.0300 zone with the support of a positive foundation.
EUR/USD Balance of volumes is shifted down. It is necessary to monitor the price behaviour in the protection zone 1.0350-1.0420. If the bears do not break the level of 1.0350, then the buyers will seize the initiative and will be able to develop an upward movement to 1.0550-1.06.
after long time down trend in 1D time-frame, now eur/usd in small bullish trend If the dollar index is in a downward trend, this upward trend is likely to be strengthened
EUR/USD There are no strong fundamental factors this week, but there may be speculation at the publication of ECB report − the market needs to work out StopLoss above/below range of 1.0100−1.0300. The optimists managed to bring price out of the parity zone, but this is temporary. Above the level of 1.0350, new selling interest is accumulating.
EUR/USD seems to have broken range support at 1.0143 ahead of the FOMC rate decision. Prices are retesting that level as resistance. If it holds, extension back toward parity is probably in the cards. Needless to say however, upcoming event risk is heavy-duty and may moot the chart setup. As it stands, the markets have fully priced in a 75bps Fed rate hike and...
Parity came into play earlier in the week and, normally, a major psychological level of this nature would stall the move for a little bit. But, USD strength is just dominating at the moment and parity is holding bears back from a deeper break. Looks like a short-term head and shoulders setting up, with parity as the neckline. Keeps door open for a breakdown in...
EUR/USD resistance is 1.0203 and 1.0228. Support is 1.0171 and 1.0128.
EUR/USD resistance is 1.0211 and 1.0265. Support is 1.0170 and 1.0127.
EUR/USD resistance is 1.0413 and 1.0450. Support is 1.0372 and 1.0339.
EUR/USD resistance is 1.0455 and 1.0493. Support is 1.0421 and 1.0386.
EUR/USD resistance is 1.0434 and 1.0472. Support is 1.0384 and 1.0351.
EUR/USD resistance is 1.0528 and 1.0569. Support is 1.0495 and 1.0457.
EUR/USD resistance is 1.0596 and 1.0640. Support is 1.0555 and 1.0514.
might be late already, but strong sell.... This will be late if you were not in the trade already, anticipate next signal...