EUR Trading Outlook Archive

EURUSD Pivot: 1.114 Likely scenario: Short positions below 1.114 with targets @ 1.103 & 1.098 in extension. Alternative scenario: Above 1.114 look for further upside with 1.119 & 1.1215 as targets. Comment: The RSI is badly directed.

EURUSD Pivot: 1.109 Our preference: Long positions above 1.109 with targets @ 1.117 & 1.1215 in extension. Alternative scenario: Below 1.109 look for further downside with 1.103 & 1.098 as targets. Comment: The RSI is mixed to bullish.  

EURUSD Pivot: 1.109 Likely Scenario: Long positions above 1.109 with targets @ 1.1215 & 1.127 in extension. Alternative scenario: Below 1.109 look for further downside with 1.103 & 1.098 as targets. Comment: Even though a continuation of the consolidation cannot be ruled out, its extent… Read more

EURUSD Pivot: 1.101 Likely Scenario: Long positions above 1.101 with targets @ 1.1115 & 1.1155 in extension. Alternative scenario: Below 1.101 look for further downside with 1.0955 & 1.092 as targets. Comment: The RSI is bullish and calls for further upside.

EURUSD Pivot: 1.0955 Likely Scenario: Long positions above 1.0955 with targets @ 1.108 & 1.1115 in extension. Alternative scenario: Below 1.0955 look for further downside with 1.092 & 1.088 as targets. Comment: The RSI is well directed.

Medium Term Strategy: Forex Pair of the day EUR/USD – the upside prevails The pair is pulling back above the strong horizontal support at 1.0810 as the daily RSI lacks downward momentum. Then, as long as 1.0810 holds as a strong support, a rebound is likely… Read more

EURUSD Pivot: 1.101 Likely Scenario: Short positions below 1.101 with targets @ 1.0955 & 1.092 in extension. Alternative scenario: Above 1.101 look for further upside with 1.1045 & 1.108 as targets. Comment: The RSI is bearish and calls for further downside.

EURUSD Pivot: 1.0915 Likely scenario: Long positions above 1.0915 with targets @ 1.0995 & 1.102 in extension. Alternative scenario: Below 1.0915 look for further downside with 1.088 & 1.0855 as targets. Comment: The RSI is well directed.

EURUSD Pivot: 1.0875 Likely scenario: Long positions above 1.0875 with targets @ 1.0945 & 1.0995 in extension. Alternative scenario: Below 1.0875 look for further downside with 1.0845 & 1.081 as targets. Comment: Even though a continuation of the consolidation cannot be ruled out, its extent… Read more

EURUSD Pivot: 1.0845 likely scenario: Long positions above 1.0845 with targets @ 1.0965 & 1.0995 in extension. Alternative scenario: Below 1.0845 look for further downside with 1.081 & 1.078 as targets. Comment: The RSI is well directed.