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EUR/USD : Daily Analysis from Forex Instructor

EURUSD Forecast. 7/6/2016

EU762016_zps0bab1db3.png

The EURUSD was indecisive yesterday. The bias remains bullish in nearest term testing 1.1470. Immediate support remains around 1.1285.

A clear break and daily close below that area would be a threat to the bullish scenario retesting the lower line of the bullish channel but overall I still prefer a bullish scenario at this phase and any downside pullback should be seen as a good opportunity to buy.
 
EURUSD Forecast. 8/6/2016

EU862016_zps2de9cb01.png

The EURUSD had another indecisive movement yesterday. There are no changes in my technical outlook. The bias remains bullish in nearest term testing 1.1470. Immediate support remains around 1.1285.

A clear break and daily close below that area would be a threat to the bullish scenario retesting the lower line of the bullish channel but overall I still prefer a bullish scenario at this phase and any downside pullback should be seen as a good opportunity to buy.
 
Thanks tt.
Let's prepare for 1.147xx

Tak bole withdraw la minggu ni...#:-S


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EURUSD Forecast. 9/6/2016

EU962016_zpsfa87b349.png

The EURUSD had a moderate bullish momentum yesterday topped at 1.1410. The bias remains bullish in nearest term testing 1.1470 as a part of the bullish scenario after bounced off the lower line of the bullish channel as you can see on my daily chart below.

Immediate support is seen around 1.1350. A clear break below that area could lead price to neutral zone in nearest term testing 1.1285 region but overall I still prefer a bullish scenario at this phase.
 
EURUSD Forecast. 10/6/2016

EU1062016_zps6da7794d.png

The EURUSD failed to continue its bullish momentum yesterday bottomed at 1.1305. The bias is bearish in nearest term testing 1.1285. A clear break below that area could trigger further bearish pressure retesting the daily EMA 200 and the lower line of the bullish channel as you can see on my daily chart below, located around 1.1200 – 1.1150 area which is a good place to buy with a tight stop loss.

Immediate resistance is seen around 1.1350. A clear break above that area could lead price to neutral zone in nearest term testing 1.1415 – 1.1470 area.
 
EURUSD Forecast. 13/6/2016

EU1362016_zps8ecd7ae7.png

The EURUSD attempted to push higher last week topped at 1.1415 but whipsawed to the downside and closed lower at 1.1252. The bias is bearish in nearest term retesting the lower line of the bullish channel as you can see on my daily chart below, located around 1.1130 region which is a good place to buy with a tight stop loss.

Immediate resistance is seen around 1.1285. A clear break above that area could lead price to neutral zone in nearest term testing 1.1320 area.
 
EURUSD Forecast. 14/6/2016

EU1462016_zps7376a7cf.png

The EURUSD had a bullish momentum yesterday topped at 1.1302. The bias is bullish in nearest term testing 1.1320 – 1.1375 area. Immediate support is seen around 1.1275.

A clear break below that area could lead price to neutral zone in nearest term testing 1.1200 but key support remains around the lower line of the bullish channel as you can see on my daily chart below, located around 1.1130 – 1.1150 area which is a good place to buy with a tight stop loss.
 

Live Forex Chart

Currency
Rates
EUR / USD
1.15216
USD / JPY
160.310
GBP / USD
1.33905
USD / CHF
0.79340
USD / CAD
1.39325
EUR / JPY
184.702
AUD / USD
0.70520
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