The outlook for EUR / USD:
On Wednesday, there was an attempt to breach the resistance at 1.09 but without success. At the moment there has been a breaking of the downward channel, but it could be another false breakout. Therefore, we should consider the analysis of two ways.
If you believe that the breakout is actually in the coming hours, the course should...
Before us the most important figure of this week due to a Fed meeting.
Along with the writings of the meeting, the Federal Reserve will release its decision on interest rates. Members of the Fed will leave interest rates unchanged and certainly will refer to external factors that may affect the pace of raising interest rates in the future. Whereas falling oil...
Analysis EUR / USD:
In recent days last week, the supply has led to declines, setting new minimum. Currently, the course is located around support at 1.08. This means that once again returned to the channel of the drop. Nearby hours should lead to a correction of the recent declines, towards level 1.0840 (the upper limit of the channel). Bearing in mind the words...
Today there was a false breaking. We returned between 1.08 and 1.0945. Another day of consolidation. If you do not beat the 1.09 and 1.0945 it is possible to return toward important support at 1.08.
Breaking resistance 1.0945 will open the way towards 1,0980-90.
Analysis EUR / USD:
Not much has changed for the eurodolarze during the first session of this week. All the time we move sideways. On Tuesday afternoon, but there has been a growth in demand has not led to a significant break the resistance level at 1.0945. In my opinion any there, they may be subdued anticipation of Thursday's ECB meeting. It is very likely that...
The macro calendar for the upcoming European session offers no data, hence the EUR/USD remains at the mercy of external factors and the overall market sentiment.
I have to tell you I had a dream yesterday night... FX:EURUSD is going down sharp. It will fall very sharp...dont know when dont know how deep it's gonna go but we will see those low levels once again...
During the Thursday session, we witnessed the failed attack on the resistance level of 1.0945. The supply side decisively taken the lead and consequently led to return inside the channel succession. Minimum fell below Thursday's opening at 1.0834.
Ahead of us the last session of the week, which may give an answer as to the further direction of EURUSD in the...
After seeing the Bearish Bat Pattern on Daily chart, here is Bullish Bat Pattern that is setting up on hourly chart, so I guess it all depends on your preference how you want to trade it.
EURUSD has complicated its b wave
The sub-minute count abc for the
B wave counts 3-3-?
with possible c wave to complete
in either 3 or 5 waves to complete b wave of the larger degree.
Then expecting the C wave to move down in 5 waves.
