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Subscribe to this list via RSS Blog posts tagged in EURUSD

Posted by on in Miscellaneous

A Wednesday and Friday stall ahead of the key 1.1216 barrier (as expected) for a roll back lower and a bear tone for Monday.

Furthermore, whilst below 1.1216, we see the broader, erratic down trend intact and see the risks as lower through mid-August.

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Tagged in: EUR Euro EURUSD Forex FX
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Posted by on in FX Chart Updates

The rebound effort from Monday to defend minor support and probe above minor resistance leaves bias for a Friday rally.

However, the Monday push through 1.0951 support reinforces the previous break through 1.1048, for a broader range environment.

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Tagged in: EUR Euro EURUSD Forex FX
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Posted by on in FX Chart Updates

The Monday bear gap was closed, having defended last Monday's spike low to 1.0951, but to stall at resistance at 1.1110 to leave a downside risks for Tuesday.

The plunge last Monday through 1.1048 signalled a shift to a broader range environment, which we see as intact.

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Tagged in: EUR Euro EURUSD Forex FX
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Posted by on in FX Chart Updates

A bear gap Monday (currently 1.1042-1.1129) through 1.1048 to signal a shift to a broader range environment.

This also signal a very indecisive tone into Monday.

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Tagged in: EUR Euro EURUSD Forex FX
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