The EURUSD was indecisive yesterday but overall still able to maintain its bearish intraday bias so far. Price is now struggling around 1.1180 support area (daily EMA 200). The bias remains bearish in nearest term testing 1.1100 before targeting 1.1000.
Immediate resistance remains around 1.1250. A clear break and daily close back above that area could trigger further bullish pressure retesting 1.1350 region. My major technical outlook remains neutral.
The EURUSD had a moderate bearish momentum yesterday bottomed at 1.1132. The bias remains bearish in nearest term testing 1.1100 before targeting 1. 1.1000.
Immediate resistance is seen around 1.1180. A clear break above that area could lead price to neutral zone in nearest term but only a clear break back above 1.1250 would interrupt the bearish phase since fell from 1.1350 region. My major technical outlook remains neutral.
The EURUSD attempted to push lower yesterday bottomed at 1.1127 but whipsawed to the upside and closed higher at 1.1196. As you can see on my H1 chart below price is testing H1 EMA 200 located around 1.1205. The bias is bullish in nearest term testing 1.1250. A clear break above that area could trigger further bullish pressure retesting 1.1350 region.
Immediate support is seen around 1.1165. A clear break below that area could lead price to neutral zone in nearest term but would keep the bearish bias remains strong testing 1.1100 before targeting 1.1000. My major technical outlook remains neutral.
The EURUSD was indecisive last week. Price attempted to push higher topped at 1.1252 but whipsawed to the downside and closed lower at 1.1155 and now back below H1 EMA 200 as you can see on my H1 chart below. This fact keeps the bearish phase after failed to break above 1.1350 remains intact.
The bias is bearish in nearest term testing 1.1125. A clear break and daily close below that area could trigger further bearish pressure targeting 1.1000. Immediate resistance is seen around 1.1200 but key resistance remains around 1.1250. My major technical outlook remains neutral.
The EURUSD was indecisive yesterday but overall still able to maintain its bearish intraday bias. The bias remains bearish in nearest term testing 1.1125. A clear break below that area could trigger further bearish pressure targeting 1.1000.
Immediate resistance is seen around 1.1165. A clear break above that area could lead price to neutral zone in nearest term but only a clear break back above 1.1250 would interrupt the bearish phase since fell from 1.1350. My major technical outlook remains neutral.
The EURUSD had a bullish momentum yesterday topped at 1.1263 and now struggling around 1.1250 key resistance. The bias is bullish in nearest term especially if price able to make a consistent movement above 1.1250 retesting 1.1350 region.
Immediate support is seen around 1.1200. A clear break below that area could lead price to neutral zone in nearest term testing 1.1150/25 support area and keep the bearish phase since fell from 1.1350 remains intact. My major technical outlook remains neutral.
The EURUSD was indecisive yesterday. The bias remains bullish in nearest term testing 1.1350 which is a good place to sell with a tight stop loss. Immediate support is seen around 1.1225/00. A clear break below that area could lead price to neutral zone in nearest term retesting 1.1125 key support.
On the upside, a clear break and daily close above 1.1350 would expose 1.1500 region. My major technical outlook remains neutral.
The EURUSD attempted to push higher yesterday topped at 1.1326 but closed lower at 1.1258. The bias is neutral in nearest term probably with a little bullish bias retesting 1.1350 region which remains a good place to sell with a tight stop loss.
Immediate support is seen around 1.1225. A clear break below that area could trigger further bearish pressure testing 1.1180 area. On the upside, a clear break and daily/weekly close above 1.1350 would expose 1.1500 next week. My major technical outlook remains neutral.
The EURUSD attempted to push higher last week topped at 1.1326 but closed lower at 1.1231. The bias is neutral in nearest term. Immediate support is seen around 1.1225/00. A clear break below that area could trigger further bearish pressure testing 1.1125 region.
Immediate resistance is seen around 1.1270. A clear break above that area could trigger further bullish pressure testing 1.1350 region which remains a good place to sell with a tight stop loss. My major technical outlook remains neutral.
