Category Archives: EURUSD Outlook

Daily Pivots: (S1) 1.1001; (P) 1.1010; (R1) 1.1019; More… EUR/USD’s fall from 1.1175 resumed by taking out 1.0989 and hits as low as 1.0981 so far. Intraday bias is back on the downside. Current fall should target a test on 1.0879 low next. On the upside, above 1.1017 minor resistance will turn bias neutral and…

Daily Pivots: (S1) 1.1001; (P) 1.1010; (R1) 1.1019; More… Intraday bias in EUR/USD remains neutral for the moment. Stronger recovery could be seen but upside should be limited below 1.1097 resistance. Corrective rise from 1.0879 could have completed at 1.1175 already. Break of 1.0989 will resume the fall from 1.1175 to retest 1.0879 low. In…

Daily Pivots: (S1) 1.0985; (P) 1.1005; (R1) 1.1018; More… EUR/USD recovers ahead of 1.0989 support and intraday bias is turned neutral first. Stronger recovery could be seen but upside should be limited below 1.1097 resistance. Corrective rise from 1.0879 could have completed at 1.1175 already. Break of 1.0989 will resume the fall from 1.1175 to…

Daily Pivots: (S1) 1.1011; (P) 1.1018; (R1) 1.1030; More… Intraday bias in EUR/USD remains mildly on the downside with 1.1032 minor resistance intact. Break of 1.0989 support will affirm the case that corrective rise from 1.0879 has completed at 1.1175. Deeper fall should then be seen to retest 1.0879 low. On the upside, above 1.1032…

Daily Pivots: (S1) 1.0999; (P) 1.1016; (R1) 1.1027; More… With 1.1032 minor resistance intact, intraday bias in EUR/USD remains mildly on the downside for 1.0989 support. Break will reaffirm the case that corrective rise from 1.0879 has completed at 1.1175. Deeper fall should then be seen to retest 1.0879 low. On the upside, above 1.1032…

Daily Pivots: (S1) 1.0999; (P) 1.1016; (R1) 1.1027; More… No change in EUR/USD’s outlook as intraday bias remains on the downside for 1.0989 support. Break will reaffirm the case that corrective rise from 1.0879 has completed at 1.1175. Deeper fall should then be seen to retest 1.0879 low. On the upside, above 1.1032 minor resistance…

Daily Pivots: (S1) 1.0994; (P) 1.1040; (R1) 1.1066; More… Intraday bias in EUR/USD remains on the downside for 1.0989 support. Break will reaffirm the case that corrective rise from 1.0879 has completed at 1.1175. Deeper fall should then be seen to retest 1.0879 low. On the upside, above 1.1032 minor resistance will turn intraday bias…

Daily Pivots: (S1) 1.1066; (P) 1.1075; (R1) 1.1087; More… With 4 hour MACD crossed below signal line, intraday bias in EUR/USD is turned neutral first. On the upside, above 1.1089 will target 1.1175 resistance. Break will resume whole rebound from 1.0879 low. On the downside, though, break of 1.0989 will resume the decline from 1.1175…

Daily Pivots: (S1) 1.0994; (P) 1.1040; (R1) 1.1066; More… Intraday bias in EUR/USD remains mildly on the downside for 1.0989 support first. Break will reaffirm the case that corrective rise from 1.0879 has completed at 1.1175. Deeper fall should then be seen to retest 1.0879 low. For now, risk will stay on the downside as…

EUR/USD edged higher to 1.1097 last week but reversed from there and dropped sharply. The failure to sustain above 55 day EMA is a sign of near term bearishness. Initial bias stays on the downside this week for 1.0989 support first. Break will reaffirm the case that corrective rise from 1.0879 has completed at 1.1175.…