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 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...
After a sharp up move and a decent consolidation EURUSD has resumed its uptrend by forming a flag pattern and broken out of it. Check out the description inside the Chart for a more info.
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...
Today there was a false breaking. We returned between 1.08 and 1.0945. Another day of consolidation. If you do not beat the 1.09 and 1.0945 it is possible to return toward important support at 1.08.
Breaking resistance 1.0945 will open the way towards 1,0980-90.
Hello!
Happy New Year!
We would like to present, intraday forecast - 6E (eurusd) on january 2016y.
Methods of price analysis: EWA/EWP, Market Profile, Delta&Cluster, Volume, Fibonacci.
Suppose that this week (close to wednesday), the price gradually decreases to strong support 1.07580, next we will see the creation process of cumulative delta and then expected...
I am not a long term trader however it is often good to know the prevailing market bias so that we don't make huge short term projections against the prevailing market bias. When you take a short position in 2016 it would be a good thing to be conservative with your targets as the EURUSD is going up. Once the 1.1059 break happens I see an area of resistance at...
EURUSD went down after long wait , and we are expecting that this pair will remain in selling until our TWO resistance levels not break ,,, and Monthly support levels are just 450 pips away ... so eurusd could be touch these levels ...
