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Subscribe to this list via RSS Blog posts tagged in EURUSD

Posted by on in FX Chart Updates

To view the full EURUSD report with screencasts, click here

Another new setback low Thursday as anticipated to hit our next minor target 1.1760 and leave bias for further erosion through mid-month and for January.

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Posted by on in FX Chart Updates

To view the full EURUSD report with screencasts, click here

A new setback low Wednesday leaves bias for further erosion for today, this week and for January.

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Posted by on in FX Chart Updates

A mid-December bullish recovery failure back from ahead of chart resistance at 1.2600 set up a bearish extension to a new cycle low through the holiday season to maintain negative pressures for early January.

Moreover, the early 2015 plunge on Friday pushed through not just the 2012 low at 1.2042. but also reinforced the December breach of the key neckline supports from 2010 and 2005 (see the Monthly chart).

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Posted by on in FX Chart Updates

EURUSD bear trend resumption

·         We stressed in our last client report and here too that “the push below 1.2583 has seen a shift to a more negative theme and sees bearish extension pressures into early November and maybe even for a test to 1.2500 today [Friday]”

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