EUR/USD : Daily Analysis from Forex Instructor

[alisha_nabila]

EURUSD Forecast. 17/1/2017

The EURUSD was indecisive yesterday. The bias remains neutral in nearest term. Immediate support is seen at the H1 EMA 200 located around 1.0575. A clear break below that area could trigger further bearish pressure testing the lower line of the bullish channel and 1.0525/00 support area. Immediate resistance is seen around 1.0650.

A clear break above that area could trigger further bullish pressure testing 1.0690. Overall I remain neutral.

 

[alisha_nabila]

EURUSD Forecast. 18/1/2017

The EURUSD had a bullish momentum yesterday topped at 1.0719. The bias is bullish in nearest term testing 1.0800 area. Immediate support is seen around 1.0650. A clear break below that area could lead price to neutral zone in nearest term but as long as stay inside the bullish channel price is still in a valid bullish phase.

Overall I remain neutral.

 

[alisha_nabila]

EURUSD Forecast. 23/1/2017

The EURUSD had a bullish momentum last week topped at 1.0719 and hit 1.0746 earlier today in Asian session. The bias is bullish in nearest term testing 1.0800/50 region. Immediate support is seen around 1.0700.

A clear break below that area could lead price to neutral zone in nearest term but as long as stay inside the bullish channel price is still in a valid bullish phase.

 

[Frigo]

I think that EUR/USD asset will go up.

 

[alisha_nabila]

EURUSD Forecast. 25/1/2017

The EURUSD failed to continue its bullish momentum yesterday bottomed at 1.0720. The bias is neutral in nearest term but as long as stay inside the bullish channel price is still in a valid bullish phase with nearest target seen around 1.0800 – 1.0850 region. Immediate support is seen around 1.0700.

A clear break below that area could trigger further bearish pressure testing 1.0650 and the lower line of the bullish channel.

 

[ammal07]

long term eurusd uptrend.

 

[alisha_nabila]

EURUSD Forecast. 27/1/2017

The EURUSD had a bearish momentum yesterday bottomed at 1.0657. The bias is bearish in nearest term. As you can see on my H1 chart below, price is at the lower line of the bullish channel, which is a good place to buy with a tight stop loss below 1.0650. Immediate resistance is seen around 1.0720. A clear break above that area could lead price to neutral zone in nearest term but would keep the bullish phase remains valid testing 1.0800 region.

On the downside, a clear break and daily/weekly close below 1.0650 would expose 1.0500 region next week.

 

[alisha_nabila]

EURUSD Forecast. 30/1/2017

The EURUSD was indecisive last week. Price attempted to push lower, bottomed at 1.0657 but bounced higher after touched the lower line of the bullish channel as you can see on my H1 chart below and hit 1.0740 earlier today. This fact keeps the bullish phase remains valid. The bias is neutral in nearest term probably with a little bullish bias testing 1.0800/50 area. Immediate support is seen around 1.0690.

A clear break below that area could trigger further bearish pressure testing 1.0650 region.

 

[alisha_nabila]

EURUSD Forecast. 6/2/2017

The EURUSD attempted to push lower last week bottomed at 1.0620 but whipsawed to the upside and closed higher at 1.0785. This fact keeps the bullish phase since bounce from 1.0350 remains valid. The bias is neutral in nearest term probably with a little bullish bias testing 1.0850/75 area. Immediate support is seen around 1.0750.

A clear break below that area could trigger further bearish pressure testing 1.0700 but key support remains at 1.0650. Overall I remain neutral.

 

[alisha_nabila]

EURUSD Forecast. 7/2/2017

The EURUSD attempted to push lower yesterday bottomed at 1.0705 but closed a little bit higher at 1.0749. The bias is neutral in nearest term probably with a little bearish bias testing 1.0700 – 1.0650 support area which is a good place to buy with a tight stop loss below 1.0650. Immediate resistance is seen around 1.0755. A clear break above that area could trigger further bullish pressure testing 1.0800/30 region.

On the downside, a clear break and daily close below 1.0650 would end the bullish phase which started from 1.0350.