EUR Trading Outlook Archive

  EURUSD Pivot: 1.0915 Likely scenario: Long positions above 1.0915 with targets @ 1.1035 & 1.1085 in extension. Alternative scenario: Below 1.0915 look for further downside with 1.087 & 1.081 as targets. Comment: Even though a continuation of the consolidation cannot be ruled out, its… Read more

  Medium Term Strategy: Forex Pair of the day EUR/USD – rebound The pair is rebounding 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, further advance is likely with 1.1215… Read more

  EURUSD Pivot: 1.0965 Likely scenario: Short positions below 1.0965 with targets @ 1.0915 & 1.087 in extension. Alternative scenario: Above 1.0965 look for further upside with 1.0985 & 1.1035 as targets. Comment: The upward potential is likely to be limited by the resistance at… Read more

  EURUSD Pivot: 1.087 Likely scenario: Long positions above 1.087 with targets @ 1.0985 & 1.1035 in extension. Alternative scenario: Below 1.087 look for further downside with 1.081 & 1.0735 as target5 ***

  EURUSD Pivot: 1.087 Likely scenario: Short positions below 1.087 with targets @ 1.081 & 1.0735 in extension. Alternative scenario: Above 1.087 look for further upside with 1.091 & 1.096 as targets. Comment: A break below 1.081 would trigger a drop towards 1.0735.

EURUSD Pivot: 1.091 Likely scenario: Short positions below 1.091 with targets @ 1.081 & 1.0735 in extension. Alternative scenario: Above 1.091 look for further upside with 1.0985 & 1.1035 as targets. Comment: A break below 1.081 would trigger a drop towards 1.0735.

EURUSD Pivot: 1.094 Likely scenario: Short positions below 1.094 with targets @ 1.085 & 1.081 in extension. Alternative scenario: Above 1.094 look for further upside with 1.0985 & 1.1035 as targets. Comment: As long as 1.094 is resistance, look for choppy price action with a… Read more

  EURUSD Pivot: 1.0985 Likely scenario: Short positions below 1.0985 with targets @ 1.091 & 1.0865 in extension. Alternative scenario: Above 1.0985 look for further upside with 1.1035 & 1.1085 as targets. Comment: A break below 1.091 would trigger a drop towards 1.0865.

  EURUSD Pivot: 1.0965 Likely scenario: Long positions above 1.0965 with targets @ 1.1055 & 1.11 in extension. Alternative scenario: Below 1.0965 look for further downside with 1.091 & 1.0865 as targets. Comment: Even though a continuation of the consolidation cannot be ruled out, its… Read more

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