EUR Trading Outlook Archive

EURUSD 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: A break below 1.1305 would trigger a drop towards 1.1265.

EURUSD 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: The pair is capped by a declining trend line.    

EURUSD Pivot: 1.142 Likely scenario: Short positions below 1.142 with targets @ 1.1345 & 1.1305 in extension. Alternative scenario: Above 1.142 look for further upside with 1.145 & 1.1495 as targets. Comment: As long as the resistance at 1.142 is not surpassed, the risk of… Read more

EURUSD Pivot: 1.1405 Likely scenario: Long positions above 1.1405 with targets @ 1.1515 & 1.156 in extension. Alternative scenario: Below 1.1405 look for further downside with 1.1375 & 1.1345 as targets. Comment: The RSI is mixed to bullish.

Medium Term Strategy: Forex Pair of the day EUR/USD – further advance The pair remains within a bullish channel in place since March and has broken above a declining trend line. In addition, the 50-period moving average remains in support as the daily RSI is… Read more

EURUSD Pivot: 1.134 Likely scenario: Long positions above 1.134 with targets @ 1.141 & 1.144 in extension. Alternative scenario: Below 1.134 look for further downside with 1.1295 & 1.126 as targets. Comment: The RSI is mixed to bullish.

EURUSD Pivot: 1.133 Likely scenario: Long positions above 1.133 with targets @ 1.14 & 1.144 in extension. Alternative scenario: Below 1.133 look for further downside with 1.1295 & 1.126 as targets. Comment: The RSI is mixed to bullish.

EURUSD Pivot: 1.123 Likely scenario: Long positions above 1.123 with targets @ 1.132 & 1.135 in extension. Alternative scenario: Below 1.123 look for further downside with 1.12 & 1.117 as targets. Comment: The RSI is mixed with a bullish bias.

EURUSD Pivot: 1.12 Likely scenario: Long positions above 1.12 with targets @ 1.1285 & 1.132 in extension. Alternative scenario: Below 1.12 look for further downside with 1.117 & 1.1145 as targets. Comment: The RSI is mixed with a bullish bias.

EURUSD Pivot: 1.12 Likely scenario: Long positions above 1.12 with targets @ 1.132 & 1.135 in extension. Alternative scenario: Below 1.12 look for further downside with 1.117 & 1.1145 as targets. Comment: The RSI is mixed to bullish.