Posted on Sep 2, 2014 in EURUSD | 0 comments

EURUSD Analysis 2014-09-02

We prefer a downside scenario at this phase.
Since bias is bearish in nearest term targeting (1.3059). Another move back above (1.3155) could lead us to neutral zone.

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Posted on Sep 1, 2014 in EURUSD |

EURUSD Analysis 2014-09-01

EURUSD maintains a bid tone for now.
Break above (1.3206) may trigger further recovery of the EURUSD. Going bellow latest swing low at (1.3094), however, would confirm continuation of the bearish trend, towards next objective downwards (1.3012).

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Posted on Aug 29, 2014 in EURUSD |

EURUSD Analysis 2014-08-29

Weakness in EURUSD is likely to continue.
We see a less chances of an immediate rise on the instrument for short-term technical outlook. Next downside barriers follow (1.3160) at (1.3127) and (1.3093).

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Posted on Aug 28, 2014 in EURUSD |

EURUSD Analysis 2014-08-28

We can say that additional bearish movements could be seen during current session, particularly if it succeeded to maintain prices below (1.3220) zones. A proper confirmation would occur if the EURUSD will manage to fall beyond the (1.3161) support level.

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Posted on Aug 27, 2014 in EURUSD |

EURUSD Analysis 2014-08-27

We see better value in short positions.
If the price will go below the first support at (1.3132), this would confirm continuation of the bearish trend, towards next objective downwards (1.3100) then (1.3080) and (1.3060) will follow.

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Posted on Aug 26, 2014 in EURUSD |

EURUSD Analysis 2014-08-26

EURUSD maintains a bid tone for now.
Break above (1.3307) may trigger further recovery of the EURUSD. Going bellow latest swing low at (1.3164), however, would confirm continuation of the bearish trend, towards next objective downwards (1.3104).

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