The EURUSD was indecisive yesterday formed a Doji on daily chart. The bias remains neutral in nearest term. As you can see on my H1 chart below, price is moving inside a bullish channel since bounced from 1.1125 suggests a bullish phase with key support seen around the lower line of the bullish channel located around 1.1215/00 area. A clear break below that area could trigger further bearish pressure retesting 1.1125.
Immediate resistance is seen around 1.1270. A clear break above that area could trigger further bullish pressure retesting 1.1350 which remains a good place to sell with a tight stop loss. My major technical outlook remains neutral.
The EURUSD had another indecisive movement yesterday. The bias remains neutral in nearest term. As you can see on my H1 chart below, price slipped below the lower line of the bullish channel suggests a potential bearish view retesting 1.1125 region.
Immediate resistance is seen around 1.1250 but key resistance is seen around 1.1350 which remains a good place to sell with a tight stop loss. My major technical outlook remains neutral.
The EURUSD attempted to push higher yesterday topped at 1.1274 but closed a little bit lower at 1.1247. The bias remains neutral in nearest term. Immediate resistance is seen around 1.1275. A clear break above that area could trigger further bullish pressure retesting 1.1350 which remains a good place to sell with a tight stop loss.
Immediate support is seen around 1.1200. A clear break and daily close below that area would expose 1.1125 region which is a good place to buy. My major technical outlook remains neutral/unclear.
The EURUSD was indecisive yesterday. Price slipped above 1.1275 but closed lower at 1.1242. The bias remains neutral in nearest term. Immediate resistance remains around 1.1275. A clear break above that area could trigger further bullish pressure testing 1.1350 which remains a good place to sell.
Immediate support is seen around 1.1200. A clear break and daily/weekly close below that area would expose 1.1125 or lower next week. My major technical outlook remains neutral/unclear.
The EURUSD had a bearish momentum last week fell below 1.1200. The bias is bearish in nearest term testing 1.1125. A clear break and daily close below that area would expose 1.1050 region.
Immediate resistance is seen around 1.1200. A clear break back above that area could lead price to neutral zone in nearest term as direction would become unclear testing 1.1250/75 region but key resistance remains around 1.1350. My major technical outlook remains neutral.
The EURUSD was indecisive yesterday. Price attempted to push higher but unable to break above 1.1200 so far. The bias remains bearish in nearest term testing 1.1125.
Immediate resistance remains around 1.1200. A clear break above that area could lead price to neutral zone in nearest term testing 1.1250/75 region but key resistance remains around 1.1350. On the downside, a clear break and daily close below 1.1125 would expose 1.1050. My major technical outlook remains neutral.
The EURUSD attempted to push lower yesterday bottomed at 1.1123 but closed higher at 1.1185 and hit 1.1201 earlier today. The bias is neutral in nearest term probably with a little bullish bias especially if price able to make a clear break above 1.1200 testing 1.1250/75 region but key resistance remains around 1.1350.
Immediate support is seen around 1.1160. A clear break below that area could trigger further bearish pressure retesting 1.1125 key support area. My major technical outlook remains neutral.
The EURUSD attempted to push higher yesterday topped at 1.1257 but closed lower at 1.1208. The bias is neutral in nearest term probably with a little bearish bias. As you can see on my H1 chart below we have a rising wedge formation suggests a potential bearish scenario especially if price able to break below the wedge and 1.1180 support area retesting 1.1125 key support.
Immediate resistance is seen around 1.1250/75 but key resistance remains around 1.1350. My major technical outlook remains neutral.
The EURUSD had a moderate bullish momentum last week but overall still moving sideways without clear direction. The bias is neutral in nearest term probably with a little bullish bias testing 1.1275. A clear break and daily close above that area would expose 1.1350 region which remains a good place to sell.
Immediate support is seen around 1.1200. A clear break below that area could trigger further bearish pressure testing 1.1125 key support. Overall I remain neutral.
The EURUSD had a bearish momentum yesterday bottomed at 1.1191. The bias is bearish in nearest term especially if price able to make a clear break and consistent movement below 1.1200 testing 1.1125 area.
Immediate resistance is seen around 1.1230. A clear break above that area could lead price to neutral zone in nearest term testing 1.1275 but key resistance remains around 1.1350. The Fed Chair Yellen and ECB President Draghi will speak today which could be a catalyst for this pair. Overall I remain neutral.
