The EURUSD was indecisive yesterday. The bias remains neutral in nearest term but overall I still prefer a bearish scenario. Immediate support remains around 1.1135.
A clear break below that area could trigger further bearish pressure testing 1.1050 region. On the upside, the trend line resistance and 1.1250 area remains a key resistance and a good place to sell with a tight stop loss.
The EURUSD had a strong bullish momentum yesterday topped at 1.1322. As you can see on my daily chart below, price broke above the trend line resistance. This fact activates my wait and see mode. The bias is bullish in nearest term testing 1.1400 region.
Immediate support is seen around 1.1250/20 area. A clear break and daily close back below that area would give the bearish outlook another chance as we might have a false break bearish scenario testing 1.1165 or lower.
The EURUSD was indecisive yesterday but overall still able to maintain its bullish bias after broke above the trend line resistance as you can see on my daily chart below. The bias remains bullish in nearest term testing 1.1400.
Immediate support is seen around 1.1280/50 area. A clear break and daily close back below that area would give the bearish scenario another chance testing 1.1165 or lower. My major technical outlook is neutral.
The EURUSD had a bullish momentum yesterday topped at 1.1366. The bias remains bullish in nearest term testing 1.1400 – 1.1450 area as a part of the bullish scenario after broke above the trend line resistance as you can see on my daily chart below.
Immediate support is seen around 1.1300. A clear break below that area could lead price to neutral zone in nearest term testing 1.1250 area. On the upside, a clear break and daily/weekly close above 1.1400 – 1.1450 would expose 1.1615 region next week. My major technical outlook remains neutral.
The EURUSD had a bullish momentum last week topped at 1.1366. As you can see on my daily chart below, price broke above the trend line resistance suggests a bullish outlook. Price traded a little bit lower earlier today in Asian session hit 1.1271. The bias is bullish in nearest term testing 1.1400.
Immediate support is seen around 1.1250. A clear break below that area could lead price to neutral zone in nearest term testing 1.1200 or lower. On the upside, a clear break and daily close above 1.1400 would expose 1.1615 this week. My major technical outlook remains neutral.
The EURUSD was indecisive yesterday but overall still able to maintain its bullish bias and hit 1.1333 earlier today. The bias remains bullish in nearest term testing 1.1400 as a part of the bullish scenario after broke above the trend line resistance as you can see on my daily chart below.
Immediate support is seen around 1.1270. A clear break below that area could lead price to neutral zone in nearest term testing 1.1200 region. On the upside, a clear break and daily close above 1.1400 would expose 1.1615 this week. My major technical outlook remains neutral.
The EURUSD attempted to push higher yesterday topped at 1.1355 but closed lower at 1.1304. The bias is neutral in nearest term. Immediate support is seen around 1.1270/50. A clear break and daily close below that area could trigger further bearish pressure testing 1.1200 – 1.1180 region.
Immediate resistance is seen around 1.1355 followed by 1.1400. A clear break and daily close above 1.1400 would expose 1.1615 as a part of the bullish scenario after broke above the trend line resistance. My major technical outlook remains neutral.
The EURUSD had a moderate bearish momentum yesterday bottomed at 1.1245. The bias is bearish in nearest term testing 1.1200 – 1.1180 region. Immediate resistance is seen around 1.1310.
A clear break above that area could lead price to neutral zone in nearest term but would keep the bullish scenario after broke above the trend line resistance remains strong testing 1.1400 area. On the downside, a clear break and daily close below 1.1180 would expose 1.1080/50. My major technical outlook remains neutral.
The EURUSD was indecisive yesterday. The bias is neutral in nearest term probably with a little bearish bias. Immediate support is seen around 1.1250. A clear break below that area could trigger further bearish pressure testing 1.1200 – 1.1180 region.
Immediate resistance is seen around 1.1315. A clear break above that area could trigger further bullish pressure testing 1.1400 region. My major technical outlook remains neutral.
The EURUSD failed to continue its bullish momentum last week bottomed at 1.1180 after a failure to make a clear break above 1.1350 as you can see on my H1 chart below. The bias is bearish in nearest term especially if price able to make a clear break below 1.1180 testing 1.1100 before targeting 1.1000 this week.
Immediate resistance is seen around 1.1250. A clear break back above that area could lead price to neutral zone in nearest term testing 1.1300 – 1.1350 region. My major technical outlook remains neutral.
