Posts Tagged ‘eurusd’
Daily Technical Analysis
September 8th, 2010
The EURUSD had a significant bearish momentum yesterday, bottomed at 1.2677 and closed at 1.2681. On h4 chart below we can see price is ready to test the trend line support. Break below the trend line support not only could continue the bearish pressure in nearest term but also could
Ook interessant:
Daily Technical Analysis
September 7th, 2010
The EURUSD didn't make significant movement yesterday, but we had bearish pressure earlier today in Asian session, hit 1.2789 at the time I wrote this comment. On h1 chart below we can see the bullish channel has been violated to the downside indicating potential bullish failure at least testing 1.2777
Ook interessant:
Daily Technical Analysis
September 6th, 2010
The EURUSD continued its bullish momentum on Friday after price break above the trend line resistance as you can see on my h1 chart below. This fact could trigger further upside pressure testing 1.2930 key resistance area like I said on my weekly summary. We are still in upside correction
Ook interessant:
Daily Technical Analysis
September 2nd, 2010
The EURUSD had a significant bullish momentum yesterday, topped at 1.2854 and closed at 1.2807 after price break above the triangle. Positive data from China and Australia trigger risk appetite and hurt the Dollar. The "head and shoulders" bearish scenario remains intact but clearly under heavy pressure as price is
Ook interessant:
Daily Technical Analysis
September 1st, 2010
The EURUSD was volatile but indecisive yesterday. The bias is neutral in nearest term. From another perspective on h4 chart below we can see price is moving in a triangle formation indicating consolidation but the main scenario remains to the downside. Immediate support at 1.2620/30 region. Break below that area
Ook interessant:
Daily Technical Analysis
August 31st, 2010
The EURUSD had a significant bearish momentum yesterday, break below the rising wedge formation as you can see on my h4 chart below. This fact indicates bullish failure and potential bearish continuation testing 1.2587 1.2523 region in nearest term. Immediate resistance at 1.2680. Break above that area could lead
Ook interessant:
Daily Technical Analysis
August 26th, 2010
The EURUSD made another upside attempt yesterday, topped at 1.2726 but further upside pressure was still limited and traded lower around 1.2670 at the time I wrote this comment. The bias is neutral in nearest term and still within a bearish context but price is bouncing to the upside from
Ook interessant:
Daily Technical Analysis
August 25th, 2010
The EURUSD has been moving in volatile but indecisive market for the last 48 hours. After the confirmation of "head and shoulders" bearish reversal scenario, now price is moving in a new bearish channel as you can see on my h4 chart below. This bearish outlook can only be cancelled
Ook interessant:
Today’s Market Outlook
August 24th, 2010
EURUSD Continues to trend lower, extending weakness off 1.3332, 06 Aug peak, approaching 1.2605, 50% retracement of 1.1875/1.3332 upleg. Break here to open way towards 1.2522, 13 July low, next. Upside, 1.2683/1.2728 expected to cap.
Ook interessant:
Daily Technical Analysis
August 24th, 2010
The EURUSD continued its bearish pressure yesterday and seems convincingly move below 1.2700 area. This fact could trigger further bearish pressure testing 1.2523 1.2470 region as the 'head and shoulders' bearish reversal scenario is now confirmed. Another upside pullback above 1.2700 will lead us to neutral zone as direction