EUR Trading Outlook Archive

EURUSD Pivot: 1.0895 likely scenario: Short positions below 1.0895 with targets @ 1.0835 & 1.081 in extension. Alternative scenario: Above 1.0895 look for further upside with 1.093 & 1.0965 as targets. Comment: The RSI is mixed to bearish.

EURUSD Pivot: 1.0995 Likely scenario: Short positions below 1.0995 with targets @ 1.0925 & 1.089 in extension. Alternative scenario: Above 1.0995 look for further upside with 1.1025 & 1.1085 as targets. Comment: A break below 1.0925 would trigger a drop towards 1.089.  

EURUSD Pivot: 1.1025 Likely scenario: Short positions below 1.1025 with targets @ 1.0925 & 1.089 in extension. Alternative scenario: Above 1.1025 look for further upside with 1.1085 & 1.1115 as targets. Comment: As long as the resistance at 1.1025 is not surpassed, the risk of… Read more

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 support, a rebound is likely… Read more

EURUSD Pivot: 1.099 Likely scenario: Short positions below 1.099 with targets @ 1.089 & 1.087 in extension. Alternative scenario: Above 1.099 look for further upside with 1.1025 & 1.1085 as targets. Comment: Even though a continuation of the technical rebound cannot be ruled out, its… Read more

EURUSD Pivot: 1.1025 Likely scenario: Short positions below 1.1025 with targets @ 1.096 & 1.092 in extension. Alternative scenario: Above 1.1025 look for further upside with 1.1085 & 1.113 as targets. Comment: A break below 1.096 would trigger a drop towards 1.092.

Medium Term Strategy: Forex Pair of the day EUR/SEK – further advance The pair has rebounded and has broken above a strong horizontal resistance at 9.4150. Further advance is expected as the daily RSI remains well directed. A first target to the upside is set at… Read more

EURUSD Pivot: 1.1085 Likely scenario: Short positions below 1.1085 with targets @ 1.102 & 1.0995 in extension. Alternative scenario: Above 1.1085 look for further upside with 1.113 & 1.116 as targets. Comment: The pair has struck against its resistance.

EURUSD Pivot: 1.104 Likely scenario: Long positions above 1.104 with targets @ 1.113 & 1.116 in extension. Alternative scenario: Below 1.104 look for further downside with 1.0995 & 1.096 as targets. Comment: Even though a continuation of the consolidation cannot be ruled out, its extent… Read more

  EURUSD Pivot: 1.0965 Likely scenario: Long positions above 1.0965 with targets @ 1.1035 & 1.1085 in extension. Alternative scenario: Below 1.0965 look for further downside with 1.092 & 1.087 as targets. Comment: The RSI is well directed.