Technical Major Currencies Morning Report
EUR/USD In compatible with yesterday’s suggested bullish scenario, the EUR/USD has moved steadily to the upside but the rally stalled at 76.4% Fibonacci level of the entire bearish wave from 1.3485 to...
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EUR/USD Negatively influenced by the dark cloud cover formed on Thursday, the pair has pushed lower approaching the psychological level of 1.3000 once again. The solidity of 76.4% Fibonacci retracement...
View ArticleTechnical Major Currencies Midday Report
EUR/USD The pair has showed some kind of consolidation following Friday’s violent decline as seen on the provided graph. The directionless appearing on the price behaviors between 76.4% and 61.8%...
View ArticleTechnical Major Currencies Midday Report
EUR/USD As for now, the pair continues to show signs of consolidation following the collapse seen at the end of the previous week. Trading between 61.8% and 76.4% Fibonacci levels in addition to the...
View ArticleTechnical Major Currencies Midday Report
EUR/USD The pair is moving bearishly towards the psychological level of 1.3000 but being stuck between 76.4% and 61.8% Fibonacci level prevents us from following the downside wave that started last...
View ArticleTechnical Major Currencies Morning Report
EUR/USD The EUR/USD pair has slumped yesterday drawing a long black candlestick pattern which closed comfortably below the psychological level of 1.3000 once again. The bearish picture came back into...
View ArticleTechnical Major Currencies Midday Report
EUR/USD The pair continued to collapse from 76.4% Fibonacci level and is currently penetrating 61.8% Fibonacci as seen on the provided daily chart. It seems that SMA 20 will cover the bearishness again...
View ArticleTechnical Major Currencies Morning Report
EUR/USD The EUR/USD pair has bounced off 61.8% Fibonacci but actually, the retrace from this important Fibonacci levels is weak and shows the lack of bullish momentum. In the interim, Stochastic, MACD...
View ArticleTechnical Major Currencies Morning Report
EUR/USD Despite the narrow trading range, the pair started the week with bearish tendencies achieving a new daily closing below 61.8% Fibonacci level and also below SMA 20 as seen on the provided daily...
View ArticleTechnical Major Currencies Midday Report
EUR/USD According to our morning expectations, the pair showed some kind of mild bullish recovery due to the overlap attempt appearing on Stochastic. But, the overall structure remains bearish as the...
View ArticleTechnical Major Currencies Morning Report
EUR/USD The pair has moved mildly to the upside yesterday but it remains below three important levels as follows: • The correctional trend line connecting the movements from 1.2040 to the current...
View ArticleTechnical Major Currencies Midday Report
EUR/USD The pair is presently re-attacking the previous broken trend lien from the underside as seen on the provided daily chart. Stability above 1.3020 may damage the chances to reach our suggested...
View ArticleTechnical Major Currencies Morning Report
EUR/USD Following the re-test process of the previous broken uptrend line, the pair has managed to move lower where the closing was seen below SMA 20 again. Although this closing was achieved above...
View ArticleTechnical Major Currencies Midday Report
EUR/USD In line with the morning scenario, the pair started to show bearish tendencies and is currently attempting to breach 1.2935 regions as seen on the chart. It seems that the bearish signs on MACD...
View ArticleTechnical Major Currencies Morning Report
EUR/USD The pair has closed again below SMA 20 despite moving within a tight range as seen on the provided daily chart. In the interim, technical indicators are turning negative suggesting potential...
View ArticleTechnical Major Currencies Midday Report
EUR/USD The EUR/USD pair continued to decline aggressively approaching one of our previous detected technical objectives at 1.2825 which represents the lower edge of the above seen range trading area....
View ArticleTechnical Major Currencies Weekly Report
EUR/USD After breaking the main ascending trend line for the whole bullish wave that started from 1.20’s, the pair retested the bottom of the main range-bound that has been confining price action for...
View ArticleTechnical Major Currencies Midday Report
EUR/USD The pair dipped sharply below 1.2800 level, the area among 1.2750-1.2800 is a major support for price in the near term, where a break and steady trading below 1.2750 will signal further losses....
View ArticleTechnical Major Currencies Morning Report
EUR/USD The pair is trading near the same level since yesterday, holding below 1.28-1.2825 broken support and the 200-days SMA, however above 1.2750 level major support and the last downside barrier. A...
View ArticleTechnical Major Currencies Midday Report
EUR/USD The pair is fluctuating below 1.2800 resistance and the 200-days SMA. So far, the pair is trading near the same levels since morning, a breakout of this tight range is needed to confirm the...
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