Mennzz

Mennzz

Nothing more need be said here except, we need another barrel of cold beer and an extra watermalooone! ;D

Mennzz

Put plain and simple, a fully technical analysis outlook without any bias. :D

Mennzz

The bears may be in a tight spot with their King being checkmated by a bullish sharp shooter. Tomorrow, we could see a single day retracement candle with a dangerous wick, followed by an upmove to around the 1.39 area. Another minor retrace would likely happen and the bulls would continue up with an ultimate target of 1.4069. A caution target of 1.3967 would be...

Mennzz

Bearish retracement to around 1.3654 (EDIT: 1.369), followed by a huge bullish move to the 1.44 zone. A minor retracement would take place near the 1.3874 area first and then the big daddy would arrive. This theory matches up with an upwards ascending channel that price seems to be following, and even though it's a somewhat far-fetched idea, it's still an idea...

Mennzz

Looks like the daddy of all bulls is ready to rock, roll and do some DJ moves. A moderate bullish divergence is likely to setup over the next 1-2 days enabling the EURUSD pair to climb to around the 1.392 mark. Followed by a decent bearish (0.618) retrace to around the 1.3805 mark and all ready and fresh for some more, the bulls will most likely pull price up...

Mennzz

Alternative to my previous 'Bear Town' Insta Trade outlook. There would indeed be a bearish move to around the 1.375 area (1.368 and 1.361 would be ultimate targets), followed by a bullish move + retrace, then likely further up in this outlook. Stay alert and be cautious! :D

Mennzz

Levels of divergences that are piling up on various oscillating indicators coupled with a considerable bearish trend-line resistance, makes my TA based system say that we could officially be in the "Bear Town". The ultimate target would be around 1.36 as of now, though be careful and tread cautiously! :D

Mennzz

Strong trend-line supporting a short idea to around the 200.0 mark. Trade carefully and watch for fake-outs. :D

Mennzz

Price most likely hit a strong resistance last week releasing a surprising reserve of bears which will push price down to around the 1.3516 mark. Although, the bulls may have a counter surprise, booming up the price straight to 1.40, but I highly doubt that. Also, if the blue trendline is considerably punctured, a secondary support will be calmly waiting at 1.326.

Mennzz

Bullish turn after the correction? :D

Mennzz

EURO to get a boost this year with the Dollar Index (DXY) likely heading downwards to fuel it. The target is uncertain with the little data that there is, but it's somewhere between 1.560 and 1.650. Energy coming from the Bermuda Triangle intersecting with important trend-lines should be it's key. Note: It's just a theory with technical analysis pointing to this...

Mennzz

One number: 1.418.

Mennzz

The pipe has spoken! It thinks we may witness a minor move down to around the 1.3660 area or somewhat lower, then a substantial rise to around the 1.392 area completely burning out the pipe tobacco for that run. :D

Mennzz

Looks like we may be stuck in a sideways range area for quite awhile. Big time-frame uncertainty.

Mennzz

Bullish monthly rally to 1200.

Mennzz

Continuing bullish rally all the way up to around 21000.00 by May 2016, followed by a massive collapse all the way to the lower hundreds, fixing by mid 2018. A bullish correction to 8100 would likely follow. - Quantitative Easing and more allowed this bubble to grow and persist, but unfortunately, it will not hold it's own foundation and the whole pump up will...

Mennzz

Retracement to 1500.00 with a bearish completing correction to around 975.00, followed by a new bullish rally all the way to the end of the decade, 2020.

Mennzz

After a daily bullish candle up to 1.3872, are we gonna see a huge bearish week to 1.3475 and potentially the start of a year-long bearish downtrend to 1.20? Only time can tell! :D