The EURUSD attempted to push higher yesterday topped at 1.0946 but closed lower at 1.0907. As you can see on my H1 chart below, the H1 EMA 200 provided a good resistance at this phase. Overall I remain neutral, but as long as stay below the H1 EMA 200, price is still in a bearish phase. The bias is neutral in nearest term probably with a little bearish bias testing 1.0850/00 region.
Key intraday resistance is seen around the H1 EMA 200 located around 1.0950. A clear break and daily close above that area would expose 1.1000/50 region.
The EURUSD was indecisive yesterday. Price attempted to push lower, bottomed at 1.0935 but closed higher at 1.0980 after touched the H1 EMA 200 as you can see on my H1 chart below. The bias is neutral in nearest term probably with a little bearish bias testing the lower line of the bullish channel located around 1.0900 but as long as stay inside the bullish channel price is still in a bullish phase and any downside pullback should be seen as a good opportunity to buy with a tight stop loss below the bullish channel and 1.0900 support area.
Immediate resistance is seen around 1.1000 followed by 1.1050 as nearest bullish target. Overall I remain neutral.
The EURUSD had a bullish momentum yesterday topped at 1.1069. As you can see on my H1 chart below price broke above the upper line of the bullish channel after bounced from H1 EMA 200 support, suggests a strong and valid bullish condition. The bias is bullish in nearest term testing 1.1150.
Immediate support is seen around 1.1000. A clear break back below that area could lead price to neutral zone in nearest term but only a clear break back below 1.0950 would end the current bullish phase. Overall I remain neutral.
The EURUSD continued its bullish momentum yesterday topped at 1.1123 but closed a little bit lower at 1.1097. The bias remains bullish in nearest term testing 1.1150 (daily EMA 200). A clear break and daily close above that area would expose 1.1270 region.
Immediate support is seen around 1.1050. A clear break below that area could lead price to neutral zone in nearest term as direction would become unclear testing 1.1000 area. Overall I remain neutral.
The EURUSD was indecisive yesterday. The bias is neutral in nearest term. As you can see on my H1 chart below price is moving between 1.1050 – 1.1125 range area. Overall the pair is still in a bullish phase but need a clear break above 1.1125/50 to continue the bullish scenario targeting 1.1270.
On the downside, a clear break below 1.1050 would expose 1.1000 or lower.
The EURUSD had a bullish momentum last week closed at 1.1138 but gapped lower earlier today opened at 1.1054. The bias is neutral in nearest term. Overall price is still trapped between 1.1125 – 1.1050 range area as you can see on my H1 chart below.
A clear break above 1.1125 could trigger further bullish pressure testing 1.1200 – 1.1270 area. On the other hand, a clear break below 1.1050 would expose 1.1000 or lower. Overall I remain neutral.
The EURUSD attempted to push higher yesterday topped at 1.1110 but closed lower at 1.1039. As you can see on my H1 chart below, price slipped below the range area but still unable to break below the H1 EMA 200 support so far. The bias is neutral in nearest term, probably with a little bearish bias especially if price able to make a clear break below the H1 EMA 200 (1.1035) testing 1.0950 region.
Immediate resistance is seen around 1.1060. A clear break back above that area could trigger further bullish pressure testing 1.1100 – 1.1125 area. Overall I remain neutral.
The EURUSD was indecisive yesterday but fell below the range area as you can see on my H1 chart below, hit 1.1004 earlier today. The bias is bearish in nearest term testing 1.0950. Immediate resistance is seen around 1.1050/70.
A clear break above that area could lead price to neutral zone in nearest term testing 1.1100 or higher. Fundamental focus will be on the US election result which could create a volatile market. Overall I remain neutral.
The EURUSD attempted to push higher yesterday, topped at 1.1299 but whipsawed to the downside and hit 1.0906 in a high volatile market on US election day which put Donald Trump in the White House. The bias is bearish in nearest term testing 1.0850/00 support area which is a good place to buy with a tight stop loss.
Immediate resistance is seen around 1.0950 followed by 1.1050. My major technical outlook remains neutral.
The EURUSD was indecisive yesterday but overall still able to maintain its bearish bias. The bias remains bearish in nearest term testing 1.0850/00 which remains a good place to buy with a tight stop loss.
Immediate resistance is seen around 1.0950. A clear break above that area could lead price to neutral zone in nearest term testing 1.1100 or higher. Overall I remain neutral.
