The EURUSD had a bearish momentum last week bottomed at 1.0830 and hit 1.0798 earlier today. The bias remains bearish in nearest term testing 1.0700 region. Immediate resistance is seen around 1.0850.
A clear break above that area could lead price to neutral zone in nearest term testing 1.0900 or higher. Overall I remain neutral.
The EURUSD continued its bearish momentum yesterday bottomed at 1.0709. The bias remains bearish in nearest term testing 1.0650 – 1.0600 area.
Immediate resistance is seen around 1.0800. A clear break above that area could lead price to neutral zone in nearest term testing 1.0850 region. Overall I remain neutral.
The EURUSD attempted to push higher yesterday topped at 1.0816 but whipsawed to the downside and closed lower at 1.0719. The bias remains bearish in nearest term testing 1.0650. A clear break and daily close below that area would expose 1.0550 region.
Immediate resistance is seen around 1.0770. A clear break above that area could lead price to neutral zone in nearest term testing 1.0850 area. Overall I remain neutral.
The EURUSD was indecisive yesterday but overall still able to maintain its bearish bias since the US election, still making lower highs and lows on daily chart. The bias remains bearish in nearest term testing 1.0650. A clear break and daily close below that area would expose 1.0550 region.
Immediate resistance is seen around 1.0750. A clear break above that area could lead price to neutral zone in nearest term testing 1.0800/50 region. Overall I remain neutral.
The EURUSD continued its bearish momentum yesterday broke below 1.0650 and hit 1.0581 earlier today in Asian session. The bias remains bearish in nearest term testing 1.0550 – 1.0450 region. As you can see on my daily chart below, price is now moving near the lower line of the range area, which is a good place to buy with a tight stop loss below 1.0450.
Immediate resistance is seen around 1.0650. A clear break back above that area could lead price to neutral zone in nearest term testing 1.0700 region. Overall I remain neutral.
The EURUSD was corrected higher yesterday but overall still able to maintain its bearish intraday bias. The bias remains bearish in nearest term testing 1.0550 – 1.0450 support area which remains a good place to buy with a tight stop loss.
Immediate resistance remains around 1.0650. A clear break above that area could lead price to neutral zone in nearest term testing 1.0700 or higher. Overall I remain neutral as price has been moving sideways without clear direction as you can see on my daily chart below.
The EURUSD was indecisive yesterday formed a Doji on daily chart. The bias is neutral in nearest term. Immediate resistance is seen around 1.0657 (yesterday’s high). A clear break above that area could trigger further bullish pressure testing 1.0700/50 region. On the downside, 1.0550 – 1.0450 remains a key support and good place to buy with a tight stop loss.
Overall I remain neutral as price has been moving sideways without clear direction since January as you can see on my daily chart below.
The EURUSD had a bearish momentum yesterday bottomed at 1.0526. The bias is bearish in nearest term testing 1.0450, but from a longer term perspective as you can see on my daily chart below, price is at the lower line of the range area, a key support and good place to buy with a tight stop loss below 1.0450.
Immediate resistance is seen around 1.0565. A clear break above that area could lead price to neutral zone in nearest term testing 1.0615 or higher. On the downside, a clear break below 1.0450 would activate my bearish mode.
The EURUSD was indecisive yesterday but overall still able to maintain its bearish bias. The bias remains bearish in nearest term but from a longer term perspective, 1.0550 – 1.0450 region remains a key support and good place to buy with a tight stop loss below 1.0450. Immediate resistance is seen around 1.0585 (yesterday’s high). A clear break above that area could lead price to neutral zone in nearest term testing 1.0640 region.
On the downside, a clear break and daily/weekly close below 1.0450 would activate my bearish mode.
The EURUSD was indecisive last week formed a Doji on weekly chart. As you can see on my daily chart below, we have a Doji after price failed to make a clear break below 1.0550 key support, followed by a higher low and high suggests potential bullish pullback. The bias is bullish in nearest term testing 1.0700/50 region. Immediate support is seen around 1.0600.
A clear break below that area could lead price to neutral zone in nearest term testing 1.0550 – 1.0450 region which remains a key support and good place to buy with a tight stop loss below 1.0450. Overall I remain neutral.
