The EURUSD failed to continue its bearish momentum yesterday topped at 1.1953. The bias is neutral in nearest term. Overall I remain bullish but price is still trapped between 1.2090 – 1.1823 range area as you can see on my H4 chart below.
Immediate resistance is seen around 1.2000. A clear break above that area could trigger further bullish pressure testing 1.2050 region. Immediate support is seen around 1.1900 but key support remains at 1.1823 which remains a good place to buy with a tight stop loss as a clear break below that area would take price to a bearish correction zone.
The EURUSD was indecisive last week. Price gapped lower earlier today opened at 1.1899. Overall I remain bullish but price is still trapped between 1.2090 – 1.1823 range area as you can see on my daily chart below. The bias is neutral in nearest term. Immediate resistance is seen around 1.1950. A clear break above that area could trigger further bullish pressure testing 1.2000 region.
Immediate support is seen around 1.1865. A clear break below that area could trigger further bearish pressure testing 1.1823 key support which remains a good place to buy with a tight stop loss as a clear break below that area would take price to a bearish correction zone testing 1.1700 – 1.1600 region.
The EURUSD had a significant bearish momentum yesterday broke below 1.1823 key support as you can see on my daily chart below. The bias is bearish in nearest term. Overall I remain bullish but price is now in a bearish correction phase testing 1.1700 – 1.1600 support area.
Immediate resistance is seen around 1.1860. A clear break above that area could lead price to neutral zone in nearest term testing 1.1935 resistance area which need to be clearly broken to the upside to potentially end the current bearish correction phase.
The EURUSD continued its bearish correction yesterday bottomed at 1.1717. The bias remains bearish in nearest term testing 1.1600 region. Immediate resistance is seen around 1.1795. A clear break above that area could lead price to neutral zone in nearest term testing 1.1850/60 region.
My major technical outlook remains bullish but we need a clear break at least above 1.1935 to potentially end the current bearish correction phase. On the downside, a clear break and daily close below 1.1600 would expose 1.1450 support area.
The EURUSD had a moderate bullish momentum yesterday topped at 1.1804. The bias is neutral in nearest term but overall price is still in a bearish correction phase. Immediate support is seen around 1.1720. A clear break below that area could trigger further bearish pressure testing 1.1650/00 region.
Immediate resistance is seen around 1.1823/50 area. A clear break above that area could trigger further bullish pressure testing 1.1935 area which need to be clearly broken to the upside to potentially end the current bearish correction phase and continue the major bullish scenario.
The EURUSD continued its bearish correction momentum last week bottomed at 1.1717 but closed higher at 1.1816. The bias is neutral in nearest term. My major technical outlook remains bullish but price is still in a bearish correction phase. Immediate support is seen around 1.1770. A clear break below that area could trigger further bearish pressure testing 1.1700 area.
Immediate resistance is seen around 1.1823/50. A clear break above that area could trigger further bullish pressure testing 1.1935 which need to be clearly broken to the upside to potentially end the current bearish correction phase. On the downside, a clear break and daily close below 1.1700 would expose 1.1600 region.
The EURUSD had a bearish momentum yesterday bottomed at 1.1730 and hit 1.1707 earlier today in Asian session. The bias is bearish in nearest term testing 1.1600 region.
Immediate resistance is seen around 1.1750. A clear break above that area could lead price to neutral zone in nearest term testing 1.1800 region but as long as stay below 1.1850 price is still in a bearish correction phase. On the downside, a clear break and daily close below 1.1600 would expose 1.1450 area. Overall I remain bullish.
Pergerakan EURUSD tidak menentu semalam dan menjadi Doji pada carta harian. Bias adalah neutral dalam jangka terdekat tetapi selagi harga berada di bawah 1.1850 ianya masih dalam BEARISH CORRECTION ZONE. Support segera dilihat di sekitar 1.1700. Break yang jelas dan penutupan harian di bawah kawasan tersebut boleh mencetuskan tekanan penurunan harga ke zon 1.1600.
Di bahagian atas, break yang jelas dan penutupan harian di atas 1.1850 akan membawa ke zon 1.1900/35 yang perlu di pecahkan dengan jelas bagi menamatkan fasa pembetulan penurunan harga semasa. Pada keseluruhannya, saya tetap dengan menaik.
EURUSD mempunyai pergerakan yang tidak menentu semalam. Bias kekal neutral dalam jangka masa terdekat tetapi harga keseluruhan masih dalam fasa BEARISH CORRECTION dengan sasaran pembetulan penurunan harga yang paling rendah dilihat pada sekitar zon 1.1600.
Sokongan segera dilihat di sekitar 1.1700. Break yang jelas dan penutupan harga harian di bawah kawasan itu akan mendedahkan zon 1.1600. Rintangan segera dilihat di sekitar 1.1800 diikuti oleh 1.1850 tetapi rintangan utama kekal pada sekitar zon 1.1900/35 yang perlu dipecahkan dengan jelas bagi berpotensi menamatkan fasa pembetulan penurunan harga semasa. Pada keseluruhannya, saya kekal menaik.
EURUSD mengalami momentum penurunan harga semalam pada 1.1699. Bias tetap menurun dalam ujian mendekati zon 1.1600. Rintangan segera dilihat pada sekitar 1.1780. Break yang jelas di atas kawasan tersebutboleh membawa harga ke zon neutral dalam jangka masa terdekat tetapi hanya break yang jelas di atas rintangan utama 1.1900/35 berpotensi menamatkan fasa BEARISH CORRECTION pada harga semasa.
Sebaliknya, break yang jelas dan penutupan harga harian/mingguan di bawah 1.1600 akan mendedahkan zon 1.1450 pada minggu depan.
