Daily Pivots: (S1) 1.0858; (P) 1.0907; (R1) 1.0932; More… EUR/USD’s break of 55 4H EMA (now at 1.0900) indicates short term topping at 1.0980. Intraday bias is back on the downside for 1.0797 support. Firm break there will argue that rebound from 1.0694 has completed and bring retest of this low. For now, risk will
EURUSD Outlook
Daily Pivots: (S1) 1.0924; (P) 1.0944; (R1) 1.0968; More… Intraday bias in EUR/USD remains neutral for the moment. Further rise is in favor as long as 55 4H EMA (now at 1.0904) holds. Above 1.0980 will resume the rally from 1.0694 to retest 1.1138 high. However, sustained break of the EMA will turn bias to
Daily Pivots: (S1) 1.0924; (P) 1.0944; (R1) 1.0968; More… EUR/USD is still capped below 1.0980 resistance despite current recovery. Intraday bias remains neutral first. Further rise is in favor as long as 55 4H EMA (now at 1.0904) holds. Above 1.0980 will resume the rally from 1.0694 to retest 1.1138 high. However, sustained break of
Daily Pivots: (S1) 1.0904; (P) 1.0924; (R1) 1.0946; More… Outlook in EUR/USD is unchanged and intraday bias stays neutral at this point. Further rise is in favor as long as 55 4H EMA (now at 1.0894) holds. Above 1.0980 will resume the rally from 1.0694 to retest 1.1138 high. However, sustained break of the EMA
Daily Pivots: (S1) 1.0904; (P) 1.0924; (R1) 1.0946; More… Intraday bias in EUR/USD remains neutral for the moment. Further rise is in favor as long as 55 4H EMA (now at 1.0892) holds. Above 1.0980 will resume the rally from 1.0694 to retest 1.1138 high). However, sustained break of the EMA will turn bias to
Daily Pivots: (S1) 1.0911; (P) 1.0929; (R1) 1.0944; More… EUR/USD’s retreat from 1.0980 extends slightly lower today but intraday bias stays neutral first. Further rise would remain in favor as long as 1.0797 support holds. Fall from 1.1138 could have completed at 1.0694, as a correction to rise from 1.0447. Above 1.0980 will resume the
Daily Pivots: (S1) 1.0911; (P) 1.0929; (R1) 1.0944; More… Intraday bias in EUR/USD remains neutral as consolidations continue below 1.0980 temporary top. Further rise would remain in favor as long as 1.0797 support holds. Fall from 1.1138 could have completed at 1.0694, as a correction to rise from 1.0447. Above 1.0980 will resume the rise