Daily Technical Analysis

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[dailyfxanalysis]

Intraday Market Analysis
EURUSD – The pair lacked momentum yesterday in its attempt to post new highs. However it managed to hold above uptrend trend line. We are neutral for the day waiting for more confirmations about the price direction.
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[dhiaperfumes]

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[dailyfxanalysis]

Intraday Market Analysis
EURUSD – The single currency challenged the 1.3200 area yesterday without being successful. Today we expect a correction before any further attempts at 1.3200 areas. Therefore we support short positions at the break of 1.3147(S1) with 10 pips stop loss, targeting 1.3120(S2). A break of 1.3200 would be a signal for long positions aiming 1.3230.
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[dailyfxanalysis]

Intraday Market Analysis
EURUSD – The single currency penetrated the uptrend trend line in a spectacular way yesterday, bringing the bearish picture into the frame for another time. The bias is negative on higher time frames as well which is a confirming factor for us to place short positions. The area of 1.3066(R2) would be good for entering the market, as we expect a correction today, with our stop loss at 1.3100, targeting 1.2988(S2). A break below 1.3010(S1) is a signal for short positions aiming 1.2973(S3).
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[dailyfxanalysis]

Intraday Market Analysis
EURUSD – The pair maintained its negative bias on Friday testing 1.2935(S2). Our Averages remain bearish and we are looking for sell opportunities near 1.2990 with a stop loss above R2 and take profit at 1.2935(S3).
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[dhiaperfumes]

great info..

 

[dailyfxanalysis]

Intraday Market Analysis
EURUSD – Yesterday the pair dropped down to 1.2940-35 area, as expected, before challenging 1.3026 in the early hours today. We support long positions near 1.2970 for today, with a stop loss of 20 pips and take profit at 1.3045.
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[dailyfxanalysis]

Intraday Market Analysis
EURUSD – Momentum was not enough yesterday forcing the pair to lower lows and highs. Our outlook is negative in the short term as is also confirmed by the moving averages. We support short positions at a break of 1.2900 with stop loss at 1.2917 and take profit at 1.2826.
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[dhiaperfumes]

great info