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Posted on Apr 17, 2015 in EURUSD |

EURUSD Analysis 2015-04-17

EURUSD maintains a bid tone for now.
Break above (1.0827) may trigger further recovery of the EURUSD. Going bellow latest swing low at (1.0734), however, would confirm continuation of the bearish trend, towards next objective downwards (1.0651).

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Posted on Apr 16, 2015 in EURUSD |

EURUSD Analysis 2015-04-16

We see better value in short positions.
If the price will go below the first support at (1.0652), this would confirm continuation of the bearish trend, towards next objective downwards (1.0602) then (1.0571) and (1.0521) will follow.

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Posted on Apr 15, 2015 in EURUSD |

EURUSD Analysis 2015-04-15

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 (1.0630) at (1.0571) and (1.0520).

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Posted on Apr 14, 2015 in EURUSD |

EURUSD Analysis 2015-04-14

It’s likely that EURUSD will decline. A break above (1.0788) could be a threat to the bearish scenario targeting (1.0778) even (1.0803). On the downside, immediate support is at (1.0556).
Break below that area should keep the major bearish scenario intact testing (1.0504) area

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Posted on Apr 13, 2015 in EURUSD |

EURUSD Analysis 2015-04-13

It’s likely that EURUSD will decline. A break above (1.0788) could be a threat to the bearish scenario targeting (1.0778) even (1.0803). On the downside, immediate support is at (1.0556).
Break below that area should keep the major bearish scenario intact testing (1.0504) area

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Posted on Apr 10, 2015 in EURUSD |

EURUSD Analysis 2015-04-10

Overall the direction remains unclear. EURUSD might close below (1.0739). If seen this will call for more declines to the (1.0686) level. Further down, support is located at (1.0609). Alternatively, above the (1.0897) level it will to be traded to resume its medium term uptrend towards its important resistance at (1.0981).

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