EUR/USD Pivot: 1.09 Likley scenario: short positions below 1.09 with targets @ 1.0825 & 1.076 in extension. Alternative scenario: above 1.09 look for further upside with 1.098 & 1.109 as targets. Comment: the RSI lacks upward momentum. Trade Now
EUR Trading Outlook Archive
Euro (EUR) Trading Outlook (09-12-2015)
December 9, 2015Euro (EUR) Trading Outlook (08-12-2015)
December 8, 2015EUR/USD Pivot: 1.09 Likley scenario: short positions below 1.09 with targets @ 1.076 & 1.069 in extension. Alternative scenario: above 1.09 look for further upside with 1.098 & 1.109 as targets. Comment: the RSI is badly directed. Trade Now
Euro (EUR) Trading Outlook (03-12-2015)
December 3, 2015Medium Term Strategy: Forex Pair of the day EUR/USD – under pressure The pair has broken below the lower boundary of a bullish channel in place since March and is capped by its moving averages. Then, as long as 1.11 holds as a resistance (strong horizontal… Read more
Euro (EUR) Trading Outlook (25-11-2015)
November 25, 2015Medium Term Strategy: Forex Pair of the day EUR/USD – further weakness The pair has broken below the lower boundary of a bullish channel in place since March and is capped by its moving averages. Then, as long as 1.1495 holds as a resistance (October top),… Read more
Euro (EUR) Trading Outlook (17-11-2015)
November 17, 2015Medium Term Strategy: Forex Pair of the day EUR/USD – further weakness The pair has broken below the lower boundary of a bullish channel in place since March and is capped by its moving averages. Then, as long as 1.1495 holds as a resistance (October top),… Read more
Euro (EUR) Trading Outlook (10-11-2015)
November 10, 2015Medium Term Strategy: Forex Pair of the day EUR/USD – further weakness The pair has broken below the lower boundary of a bullish channel in place since March and is capped by its moving averages. Then, as long as 1.1495 holds as a resistance (October top),… Read more
Euro (EUR) Trading Outlook (04-11-2015)
November 4, 2015Medium Term Strategy: Forex Pair of the day EUR/USD – under pressure The pair has broken below the lower boundary of a bullish channel in place since March and is now capped by its moving averages. Then, as long as 1.1495 holds as a resistance (October… Read more
Euro (EUR) Trading Outlook (27-10-2015)
October 27, 2015Medium Term Strategy: Forex Pair of the day EUR/USD – turning down The pair has broken below the lower boundary of a bullish channel in place since March and should face further weakness as the it stands below the moving averages. Moreover, the daily RSI… Read more
Euro (EUR) Trading Outlook (23-10-2015)
October 23, 2015EURUSD Pivot: 1.12 Likely scenario: Short positions below 1.12 with targets @ 1.107 & 1.105 in extension. Alternative scenario: Above 1.12 look for further upside with 1.123 & 1.1265 as targets. Comment: The RSI is mixed to bearish.
Euro (EUR) Trading Outlook (21-10-2015)
October 21, 2015EURUSD Pivot: 1.1395 Likely scenario: Short positions below 1.1395 with targets @ 1.1305 & 1.1265 in extension. Alternative scenario: Above 1.1395 look for further upside with 1.145 & 1.1495 as targets. Comment: As long as 1.1395 is resistance, look for choppy price action with a… Read more