EUR/USD is in an uptrend, after bottoming at 1.1876 (June 7,2010). Technical indicators are ascending, and trading is situated above the 50- and 200-Day SMA, currently projected at 1.3445 and 1.3136.
Tuesday's low at 1.3450 could be a final of the downtrend from 1.4283 and current bias is positive for 1.3666, en route to 1.3830. Initial support on the downside is 1.3565, followed by the crucial 1.3510.
EUR/USD is in an uptrend, after bottoming at 1.1876 (June 7,2010). Technical indicators are ascending, and trading is situated above the 50- and 200-Day SMA, currently projected at 1.3445 and 1.3136.
With the break below 1.3630 it has been confirmed, that a top is in place at 1.3786 high and current bias is negative with a crucial level at 1.3606. We favor a break above 1.3606 to initiate next leg upwards, for one more test in the 1.3830 resistance area.
EUR/USD is in a downtrend, after peaking at 1.4283 (November 11, 2010). Technical indicators are descending, and trading is situated between the 50- and 200-Day SMA, currently projected at 1.3445 and 1.3136.
The break below 1.3450 confirmed, that the corrective pattern below 1.3830 has ended and the outlook is bearish for 1.3155, en route to 1.2930. Initial resistance on the upside is 1.3450 and the intraday bias is neutral, while the pair trades above 1.3286.
EUR/USD is in a downtrend, after peaking at 1.4283 (November 11, 2010). Technical indicators are descending, and trading is situated between the 50- and 200-Day SMA, currently projected at 1.3445 and 1.3136.
Current rebound above today's low at 1.3181 is corrective and with the initial resistance at 1.3303-10 the overall bias remains bearish for 1.30+. Crucial on the upside is 1.3388.
EUR/USD is in a downtrend, after peaking at 1.4283 (November 11, 2010). Technical indicators are descending, and trading is situated between the 50- and 200-Day SMA, currently projected at 1.3445 and 1.3136.
The bias here remains extremely bearish for 1.2930 support area and current rebound above 1.3063 is corrective in nature, preceding next leg towards mentioned target. Initial resistance is seen at 1.3199, followed by the crucial 1.3302.
EUR/USD is in a downtrend, after peaking at 1.4283 (November 11, 2010). Technical indicators are descending, and trading is situated between the 50- and 200-Day SMA, currently projected at 1.3445 and 1.3136.
The break through 1.3200 resistance signals for a larger corrective rebound above 1.2967 and current intraday bias is positive for 1.3302. A reversal in this area is to be expected, but due to the non-crucial significance of 1.3302 wait for a confirmation on the lower frames. Next resistance on the upside is projected at 1.3450 and crucial on the downside is still 1.3046.
EUR/USD is in a downtrend, after peaking at 1.4283 (November 11, 2010). Technical indicators are descending, and trading is situated between the 50- and 200-Day SMA, currently projected at 1.3445 and 1.3136.
Last week's uptrend has been faster than expected and earlier today tested precisely 1.3440-50 resistance area. As current test failed, the intraday bias is negative for 1.3194, en route to 1.2970 with an initial resistance at 1.3334 and crucial level at 1.3381.
EUR/USD is in a downtrend, after peaking at 1.4283 (November 11, 2010). Technical indicators are descending, and trading is situated between the 50- and 200-Day SMA, currently projected at 1.3445 and 1.3136.
The sell-off from 1.3450 resistance is not an impulsive one, and keeping in mind that it couldn't break below 1.3250 support, we are rather bullish for a break beyond 1.3450, en route to 1.3830. Crucial on the downside is 1.3245.
The pair is in an uptrend after bottoming at 1.4226. Trading is situated above the 50- and 200-day SMA, currently projected at 1.5707 and 1.5323.
Yesterday's test of 1.5840 resistance area failed and currently the outlook is bearish below 1.5740 for a break through 1.5650 major support. Initial resistance is seen at 1.5740.
EUR/USD is in a downtrend, after peaking at 1.4283 (November 11, 2010). Technical indicators are descending, and trading is situated between the 50- and 200-Day SMA, currently projected at 1.3445 and 1.3136.
Yesterday's break above 1.3250 signaled a larger rebound and with the recent peak at 1.3323 the bias is negative again for a break through 1.3180, en route to 1.3046. Initial resistance is seen at 1.3276.
The pair is in an uptrend after bottoming at 1.4226. Trading is situated above the 50- and 200-day SMA, currently projected at 1.5707 and 1.5323.
Yesterday's slide bottomed at 1.5711 and current bias is positive for a break beyond 1.5840 resistance area, towards 1.6095. Important support area on the downside remains 1.5650.
EUR/USD is in a downtrend, after peaking at 1.4283 (November 11, 2010). Technical indicators are descending, and trading is situated between the 50- and 200-Day SMA, currently projected at 1.3445 and 1.3136.
Although the pair is still in the downtrending channel from 1.3439 we are rather bullish for a break through 1.3250 dynamic projection, en route to 1.3390. Crucial on the downside is 1.3170.
EUR/USD is in a downtrend, after peaking at 1.4283 (November 11, 2010). Technical indicators are descending, and trading is situated between the 50- and 200-Day SMA, currently projected at 1.3445 and 1.3136.
Yesterday's break above 1.3250 initiated a fast uptrend towards 1.3450 resistance area and current bias remains bullish for 1.3630, en route to 1.3830 major resistance. Intraday support is seen at 1.3410, followed by 1.3370.
The pair is in an uptrend after bottoming at 1.4226. Trading is situated above the 50- and 200-day SMA, currently projected at 1.5707 and 1.5323.
Yesterday's reversal at 1.5911 initiated a downtrend, that broke through 1.5840 support and is still on the run, targeting 1.5650 key level. Crucial on the upside is 1.5815.
EUR/USD is in a downtrend, after peaking at 1.4283 (November 11, 2010). Technical indicators are descending, and trading is situated between the 50- and 200-Day SMA, currently projected at 1.3445 and 1.3136.
Yesterday's test of 1.3370 resistance failed and the overall bias remains bearish for 1.3170, en route to 1.3046. The intraday bias is positive for a corrective rebound towards 1.3283.
EUR/USD is in a downtrend, after peaking at 1.4283 (November 11, 2010). Technical indicators are descending, and trading is situated between the 50- and 200-Day SMA, currently projected at 1.3445 and 1.3136.
Friday's test of 1.3370 resistance failed and an the sell-off bottomed at 1.3124. The bias continues to be negative for 1.3046 with an initial resistance at 1.3180.
