Weekly:
- Ichimoku remains bearish, Price turns lower from Kijun Sen (bearish support)
- Heikin Ashi last week showed undecision, on back of Greece Heikin Ashi signal turns bearish: haDelta/SMA3 down, Oscilator down.
Please note this weak can be extremely volatile in EURUSD, implied volatility already spiked to lvl not seen since 2011.
Daily:
- Ichimoku setup turns neutral again, Price is back to the Kumo. 1,10 is very important support, it stopped first selling wave, looks like initial panic seen in Asian hours chilled a bit. The picture is not too positive, but it is very difficult to decide where the mkt will break out. Price is moving in a simmetric triangle, which can become a bear flag later, but we can not exclude shoer squeeze and reversal either.
- Heikin Ashi signal has been bearish for 5 days, and bearish momentum accelerated further.
I still don't like trading this pair. For me it is still a range and too volatile.
- Ichimoku remains bearish, Price turns lower from Kijun Sen (bearish support)
- Heikin Ashi last week showed undecision, on back of Greece Heikin Ashi signal turns bearish: haDelta/SMA3 down, Oscilator down.
Please note this weak can be extremely volatile in EURUSD, implied volatility already spiked to lvl not seen since 2011.
Daily:
- Ichimoku setup turns neutral again, Price is back to the Kumo. 1,10 is very important support, it stopped first selling wave, looks like initial panic seen in Asian hours chilled a bit. The picture is not too positive, but it is very difficult to decide where the mkt will break out. Price is moving in a simmetric triangle, which can become a bear flag later, but we can not exclude shoer squeeze and reversal either.
- Heikin Ashi signal has been bearish for 5 days, and bearish momentum accelerated further.
I still don't like trading this pair. For me it is still a range and too volatile.
