EUR/USD Weekly Outlook

Despite decline attempt, EUR/USD drew support from 55 day EMA and recovered. Initial bias is neutral this week first. We’re favoring the case that consolidation fro 1.2445 has completed at 1.2238 already. And rebound from 1.2154 would resume soon. Above 1.2445 will target a test on 1.2555 high, which is close to 1.2516 key long […]

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EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2261; (P) 1.2324 (R1) 1.2364; More…. No change in EUR/USD’s outlook. Price actions from 1.2445 is a corrective pattern in form of falling wedge. And, it might be completed at 1.2238 already. Further rise should be seen to 1.2445 first. Break will resume whole rebound from 1.2154 and target 1.2555 high, which […]

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EUR/USD Daily Outlook

Daily Pivots: (S1) 1.2261; (P) 1.2324 (R1) 1.2364; More…. Outlook in EUR/USD remains unchanged. Price actions from 1.2445 is a corrective pattern in form of falling wedge. And, it might be completed at 1.2238 already. Further rise should be seen to 1.2445 first. Break will resume whole rebound from 1.2154 and target 1.2555 high, which […]

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EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2268; (P) 1.2309 (R1) 1.2378; More…. EUR/USD dips sharply after hitting 1.2388 but there is no change in the bullish view. That is, price actions from 1.2445 is a corrective pattern in form of falling wedge. And, it might be completed at 1.2238 already. Further rise should be seen to 1.2445 first. […]

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EUR/USD Daily Outlook

Daily Pivots: (S1) 1.2268; (P) 1.2309 (R1) 1.2378; More…. EUR/USD’s strong rebound and breach of 1.2358 minor resistance affirm our bullish view. That is, price actions from 1.2445 is a corrective pattern in form of falling wedge. And, it might be completed at 1.2238 already. Intraday bias is now on the upside for 1.2445 first. […]

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EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2202; (P) 1.2278 (R1) 1.2317; More…. No change in EUR/USD’s outlook that price action from 1.2445 are forming a corrective pattern, possibly a falling wedge. For the momentum, further rise remains mildly in favor. Break of 1.2358 resistance will revive the bullish case. That is, pull back from 1.2445 has completed. Intraday […]

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