The EURUSD was indecisive yesterday but still able to move below 1.1000 and H1 EMA 200 as you can see on my H1 chart below. The bias remains bearish in nearest term testing 1.0900. Immediate resistance is seen around 1.1000 – 1.1025. A clear break back above that area could lead price to neutral zone in nearest term testing 1.1100 but key resistance remains around 1.1200.
On the downside, a clear break and daily close below 1.0900 could trigger further bearish pressure targeting 1.0700 region. As long as stay below 1.1200 I remain bearish.
The EURUSD had a bullish momentum yesterday topped at 1.1065 and hit 1.1076 earlier today in Asian session. This is not what I had expected but as long as stay below 1.1200 I still prefer a bearish scenario. The bias is bullish in nearest term testing 1.1100 – 1.1200.
Immediate support is seen around 1.1025. A clear break below that area could lead price to neutral zone in nearest term testing 1.0950 region.
The EURUSD had a bullish momentum last week topped at 1.1197. The bias is bullish in nearest term testing 1.1200 key resistance which is a good place to sell with a tight stop loss.
Immediate support is seen around 1.1150. A clear break below that area could lead price to neutral zone in nearest term testing 1.1100 or lower. On the upside, a clear break and daily close above 1.1200 would activate my wait and see mode as direction would become unclear testing 1.1400 region this week.
The EURUSD didn’t make significant movement yesterday. The bias remains bullish in nearest term testing 1.1200 key resistance which remains a good place to sell with a tight stop loss. As you can see on my daily chart below, price is now struggling around the EMA 200. Immediate support remains around 1.1150.
A clear break below that area could lead price to neutral zone in nearest term testing 1.1100 or lower. On the upside, a clear break and daily close above 1.1200 would activate my wait and see mode as direction would become unclear testing 1.1400 region this week.
The EURUSD was indecisive yesterday but overall still able to maintain its bearish intraday bias after the false breakout above 1.1200. The bias remains bearish in nearest term testing 1.1070/50 area.
A clear break and daily/weekly close below that area could trigger further bearish scenario next week retesting 1.0910 region. On the upside, a clear break and daily/weekly close back above 1.1200 would expose 1.1300 – 1.1400 region next week.
The EURUSD attempted to push higher last week topped at 1.1233 but whipsawed to the downside and closed lower at 1.1084. The bias is bearish in nearest term testing 1.1000. A clear break and daily close below that area could trigger further bearish pressure retesting 1.0910 region.
Immediate resistance is seen around 1.1120. A clear break above that area could lead price to neutral zone in nearest term testing 1.1160 – 1.1200 region but overall I still prefer a bearish scenario and any upside pullback should be seen as a good opportunity to sell.
The EURUSD was indecisive yesterday but overall still able to maintain its bearish bias so far. The bias remains bearish in nearest term testing 1.1000. Immediate resistance is seen around 1.1120.
A clear break above that area could lead price to neutral zone in nearest term testing 1.1160 – 1.1200 but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell. On the downside, a clear break and daily close below 1.1000 could trigger further bearish pressure testing 1.0910.
The EURUSD had a moderate bullish momentum yesterday topped at 1.1122. The bias is neutral in nearest term probably with a little bullish bias testing 1.1160 – 1.1200 but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell.
Immediate support is seen around 1.1080. A clear break below that area could trigger further bearish pressure testing 1.1000 region. On the upside, a clear break and daily close above 1.1200 could trigger further bullish pullback testing the trend line resistance and 1.1300 area which is a good place to sell.
The EURUSD failed to continue its bullish momentum yesterday bottomed at 1.1135. The bias is neutral in nearest term probably with a little bearish bias testing 1.1070/50 support area. A clear break and daily/weekly close below that area would expose 1.0910 region next week.
Immediate resistance is seen around 1.1200 but key resistance remains around the trend line resistance and 1.1250 – 1.1300 region which remains a good place to sell.
The EURUSD attempted to push higher last week topped at 1.1221 but closed a little bit lower at 1.1165. The bias is neutral in nearest term. Immediate support is seen around 1.1135. A clear break below that area could trigger further bearish pressure testing 1.1050 region.
On the upside, key resistance is seen around the trend line resistance and 1.1250 – 1.1300 region which remains a good place to sell. As long as stay below the trend line resistance I still prefer a bearish scenario and any upside pullback should be seen as a good opportunity to sell.
