Eurodollar after the recent rally and the establishment of a short-term peak at 1.1376 grabbed a little breathing. Correction, in which the EUR / USD should not in my opinion exceed the support level 1.1160 (minimum of 10 of February). (Previously, however, the demand will defend levels at 1.1246 and 1.1215). In the longer term, I expect growth toward the recent...
The numbers speak by themselves. Charts do the talking. Price Action Rules the Game. Well, as per the technicals, there is a chance for a drip back to 61.8% Fibs around 1.10230 zone. Which shall become the Support now to the previous resistance. And jump upwards from there to the 1.618 Fib Extension coming at 1.17297... However, to avoid greediness, and follow...
Eurodollar after peaking at 1.1376 rebounded rapidly and at present, is below Tuesday's high of 1.1337. If within the next few hours, the demand side will not try to break through this resistance, we may be witnessing landslides eurodollar rate toward lower price levels. In this case, the supply side could lead to declines toward support at 1.1246 (peak of 5...
The outlook for EUR / USD: The strength of the demand side at the moment is indisputable that in the near future should result in further increases, interspersed with larger or smaller adjustments. Demand side should aim to break the recent high of 1.1337, which will open the way towards the next resistance 1,1371-1,1392. In the longer term expected growth in...
The perspective in the longer term: Currently located around 23.6% of the abolition of inheritance from 1.3994 to 1.0463 level. After breaking the current price levels, demand side should move towards resistance level at 1.1495, where correction should be longer. Then Eurodollar will be ready for further growth towards the level of 1.1811 (38.2% fib abolition).
Eurodollar quite quickly managed to handle the correction of recent increases that have taken place over the last week and on Tuesday the demand side led to a break the next level 1.1246 and 1,1280-1,1310. Maximum recorded at the level of 1.1338. Last such price levels we saw in October last year. Most investors remain skeptical about further action by the ECB...
EURUSD: We have to be careful in trading the normal trend shows upside move on weekly basis. The close is @ 1.1153 way above the buy level of 1.1026 there is a major confluence level 1.1339 to 1.1381 target 02 @ 1.1515
The outlook for EUR / USD: On Friday, after a strong rally that took place throughout the week, there was profit-taking. Currently, Eurodollar located around 23.6% of the abolition of the past, and increases in my opinion, the adjustment should be deepened. In the coming hours, the supply should take the initiative and lead to declines in the level around 1.1081....
100 - 200 Pip Opportunity - EUR/USD Long - 05/02/2016 The primary trend of EUR/USD is bullish on charts and price is trading above the trend line in its daily chart. In 4 hourly chart the price is sustaining above 200 day SMA and taking support of 50 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 1.12750 and support...
AB CD formation, with target on the same area as 0,618 Fibo retracement. After hitting target I will look for short entry
Before us the last session of the week, which is rich in very important readings from the US labor market. On Friday, we will among other things, a change in employment in non-agricultural sectors and the unemployment rate. Analyzing the currency pair from the purely technical, we can conclude that after the recent rally, we should see a correction. Surely we can...
The outlook for EUR / USD: The currency pair is currently in a rather interesting place, just below the upper limit of consolidation (1.0945 level). Demand side stands a fair chance of fracture resistance and lead to increases in the vicinity of 1,0970-90. Further towards 1,1025-50. However, if there is no attempt to break away from the trend and demand side can...
The outlook for EUR / USD: Eurodollar constantly moving in a tight trading range that has lasted a good few weeks. On Monday, despite increases in the level around 1.09, we have not received any signals that may indicate clearly on the future direction in the medium term. Therefore, I repeat, what I said earlier. If you happen to break the resistance level at...
The analysis for EUR / USD pair on Monday: Last week, once again, there is an attempt to break the level 1.0945. Demand side managed to only test the strong resistance zone 1,0970-90 from which rebounded quite dynamically. Still stuck trading sideways between 1.0945 1,08- (unsuccessful wybiciami in the vicinity of 1,0970-90). Nearby hours should bring correction...
The outlook for EUR / USD: On Wednesday, there was an attempt to breach the resistance at 1.09 but without success. At the moment there has been a breaking of the downward channel, but it could be another false breakout. Therefore, we should consider the analysis of two ways. If you believe that the breakout is actually in the coming hours, the course should...
Before us the most important figure of this week due to a Fed meeting. Along with the writings of the meeting, the Federal Reserve will release its decision on interest rates. Members of the Fed will leave interest rates unchanged and certainly will refer to external factors that may affect the pace of raising interest rates in the future. Whereas falling oil...