All Blog Posts Tagged 'EURUSD' (1,774)

EURUSD Could Continue To Downside In Sessions Ahead

URUSD broke through 1.1260 support after strong decline yesterday with a daily close outside of the range, so we assume that corrective blue wave (4) is now finally complete. If that was the case then it was a triangle placed in wave (4) so market should then continue straight down in sessions and days ahead. We anticipate five wave decline to a new low, probably to 1.0800-1.0940 area.

EURUSD 4h Elliott Wave Analysis…

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Added by Gregor Horvat on February 27, 2015 at 8:24am — No Comments

EURUSD Daily Forecast Feb 27 2015

Finally , the EURUSD broke out of sideways range yesterday , topped at the 1.1379 levels and bottomed at the 1.1182 levels . This development leaves the pair targeting the 1.1087 levels , a halt is likely but a cut would open 1.0965 next , further down will target the 1.0835 levels .

On the upside , resistance comes at the 1.1278 levels ahead of the 1.1379 levels (main) , stability below both levels will keep the pair under pressure , however , sustained breakout – daily closing above…

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Added by Haitham653 on February 27, 2015 at 7:21am — No Comments

EURUSD Daily Forecast Feb 25 2015

No change , outlook in EURUSD remains neutral at the moment , trapped within 1.1294 /1.1539 range. On the downside , support comes at the 1.1294 levels , losing this level on a daily closing basis is needed to restore the downside momentum , If seen focus will be on the 1.1096 levels ,  a cut would open 1.1000 next , further down will target the 1.0900 levels.

On the upside , resistance comes at the 1.1539 levels , break of the 1.1539 levels on a daily closing basis will suggest that…

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Added by Haitham653 on February 25, 2015 at 9:15am — No Comments

EURUSD Daily Forecast Feb 24 2015

Outlook in EURUSD remains neutral at the moment , trapped within 1.1294 /1.1539 range. On the downside , support comes at the 1.1294 levels , losing this level on a daily closing basis is needed to restore the downside momentum , If seen focus will be on the 1.1096 levels ,  a cut would open 1.1000 next , further down will target the 1.0900 levels.

On the upside , resistance comes at the 1.1539 levels , break of the 1.1539 levels on a daily closing basis will suggest that rise from…

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Added by Haitham653 on February 24, 2015 at 7:28am — No Comments

EURUSD Weekly Forecast Feb 23 2015

No change , Despite hesitation , outlook in EURUSD remains on the downside as long as 1.1459 resistance holds on a weekly closing basis , support comes at the 1.1054 levels , a cut would open 1.0820 next , a halt is strongly suggested and rebound could be seen , however ; sustained breakout below the 1.0820 levels will pave the way towards the 1.0132 levels .

On the upside , resistance comes at the 1.1459 levels , sustained breakout -weekly closing- above the 1.1459 levels will turn…

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Added by Haitham653 on February 23, 2015 at 7:01am — 1 Comment

EURUSD - Back above key average - Further Upside Targeted

EURUSD continues to fluctuate around the 13 day average. Initial trading yesterday reversed Tuesday’s gains but in late price action the bulk of this downside was regained. Limited net movement means signals for sentiment cannot be strong but the downside rejection coupled with demand in Asia above the average means studies are positive with potential through 1.1449 to 1.1487.…

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Added by Alan Collins on February 19, 2015 at 6:58am — 1 Comment

EURUSD - Buyers return - upside to extend

After 3 days of consolidation/limited net movement buying interest was attracted to EURUSD yesterday. This took prices to test the key 13 day moving average and although that point was not clearly breached, the underlying positive tone has been reinforced by Asian demand this morning with potential to retest this month's highs in the coming days.

Intraday targets are 1.1458 and 1.1487 with a risk of 1.1371.…

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Added by Alan Collins on February 13, 2015 at 7:02am — No Comments

EURUSD & USDJPY: Elliott Wave Morning Review

The FX market did not change much recently, well maybe just some JPY pairs that are driven by USDJPY because of lower US Bonds since NFP report release last week. On USDJPY we see room for more upside in the short-term as latest minor set-back looks like a fourth wave so it should then belong to an incomplete impulse from 118.30. Ideally price will rally up to around 120.70.

USDJPY 1h Elliott Wave Analysis…

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Added by Gregor Horvat on February 12, 2015 at 8:45am — No Comments

EURUSD Daily Forecast Feb 10 2015

Outlook in EURUSD remains neutral at the moment , trapped within 1.1294 /1.1539 levels. On the downside , support comes at the 1.1294 levels , losing this level on a daily closing basis is needed to restore the downside momentum , If seen focus will be on the 1.1096 levels ,  a cut would open 1.1000 next , further down will target the 1.0900 levels.

On the upside , resistance comes at the 1.1539 levels , break of the 1.1539 levels on a daily closing basis will suggest that rise from…

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Added by Haitham653 on February 10, 2015 at 6:29am — 1 Comment

EURUSD Elliott Wave Analysis: Downtrend Remains In Play

EURUSD sold-off from 1.1500-1.1540 resistance area that we highlighted it yesterday. We can see that price already made slight move beneath he channel line which means that wave 4) probably accomplished a corrective set-back. More importantly, downtrend remains in play with five waves underway into a red wave 5) that can be targeting 1.1000 this month.

EURUSD 4h Elliott Wave Analysis…

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Added by Gregor Horvat on February 5, 2015 at 8:59am — No Comments

EURUSD Daily Forecast Feb 03 2015

Outlook in EURUSD remains neutral with risk to the downside at the moment , resistance comes at the 1.1422 levels , a failure to hold above the 1.1422 levels on a daily closing basis could mean a return to the 1.1223 levels , a halt is likely , but losing the 1.1223 levels on a daily closing basis is needed to restore the downside momentum , If seen , focus will be on the 1.1113 levels ahead of the 1.0959 levels.

On the upside , a failure to hold below the 1.1223 levels  could mean a…

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Added by Haitham653 on February 3, 2015 at 8:36am — No Comments

EURUSD Monthly Forecast Feb 2015

The EURUSD continued its bearish momentum in Jan 2015 , breaks blow critical support at the 1.1739 levels (Sept 2003 high) .This development puts the pair few steps away of the 0.9417/0.8891 levels , but the barrier of reaching the 0.9417/0.8891 levels is now just the minor support level 1.0762 , we might see hesitation or rebound , but losing the 1.0762 levels on a monthly closing basis will bring sell-off towards the 0.9417/0.8891 levels..

Note that the key support 1.1739 severed as…

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Added by Haitham653 on February 2, 2015 at 4:35pm — No Comments

EURUSD Daily Forecast Feb 02 2015

Outlook in EURUSD remains neutral with risk to the downside at the moment , resistance comes at the 1.1422 levels , a failure to hold above the 1.1422 levels on a daily closing basis could mean a return to the 1.1223 levels , a halt is likely , but losing the 1.1223 levels on a daily closing basis is needed to restore the downside momentum , If seen , focus will be on the 1.1113 levels ahead of the 1.0959 levels.

On the upside , a failure to hold below the 1.1223 levels  could mean a…

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Added by Haitham653 on February 2, 2015 at 9:52am — No Comments

EURUSD Daily Forecast Jan 30 2015

Outlook in EURUSD remains neutral with risk to the downside at the moment , resistance comes at the 1.1422 levels , a failure to hold above the 1.1422 levels on a daily closing basis could mean a return to the 1.1223 levels , a halt is likely , but losing the 1.1223 levels on a daily closing basis is needed to restore the downside momentum , If seen , focus will be on the 1.1113 levels ahead of the 1.0959 levels.

On the upside , a failure to hold below the 1.1223 levels  could mean a…

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Added by Haitham653 on January 30, 2015 at 7:06am — No Comments

EURUSD Daily Forecast Jan 27 2015

Outlook in EURUSD remains on the downside as long as 1.1315 resistance holds on a daily closing basis , stability below the 1.1315 levels could mean a return to the 1.1090 levels , a cut would open 1.0950 next , further down will target the 1.0850 levels.

On the upside , resistance comes at the 1.315 levels , sustained breakout – daily closing – above the 1.1315 levels will turn outlook neutral and bring rebound towards the 1.1459/1.1539 levels before the next fall..

In all ,…

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Added by Haitham653 on January 27, 2015 at 11:06am — No Comments

EURUSD Could Drop Down Into Wave 5

The USD down is moving slightly down but the question is for how long as we see several corrective price action across the FX charts. On EURUSD market made a three wave bounce as expected, about we talked about yesterday when called end of an extended wave 3. Well, market retraced close to our resistance area so new bearish turn can be around the corner. We are expecting a drop down into wave 5 that can decline even to 1.1000 by the end of the week. On the upside invalidation level stands at…

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Added by Gregor Horvat on January 27, 2015 at 11:03am — No Comments

GBPUSD Elliott Wave Analysis: Downtrend In Play

Cable is at new lows as expected after we recognized a corrective pattern just above 1.5600 back in December. Pair fell sharply since then, clearly in five waves with current price already in fifth wave which means that sooner or later pair can turn into a correction. Ideally, we will see a retracement back into the wave (4) before pair can go even lower, then to 1.4500 area.

GBPUSD Daily Elliott Wave Analysis…

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Added by Gregor Horvat on January 26, 2015 at 9:13am — No Comments

EURUSD Elliott Wave Analysis: Downtrend Remain In Play

EURUSD sold-off beneath 1.4 following ECB decisions regarding QE. We see pair in strong impulse down from 1.1680 that can be fifth wave, but that's not important at the moment. Important is the substructure of a current decline! We need five waves down which is not the case yet to be aware of more weakness in sessions ahead, close to 1.1150/1.1200 as long as 1.1562 invalidation level remains in place.

EURUSD 4h Elliott Wave Analysis…

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Added by Gregor Horvat on January 23, 2015 at 8:23am — No Comments

EURUSD - Bounces to be limited. Potentail to 1.1282

Wednesday’s bearish Inverted Hammer pattern was…

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Added by Alan Collins on January 23, 2015 at 7:24am — No Comments

EURUSD Daily Forecast Jan 23 2015

The EURUSD continued its bearish momentum yesterday , topped at the 1.1650 levels and bottomed at the 1.1315 levels. This development leaves the pair targeting the 1.1215 levels , a halt is likely , but a cut would open 1.1090 next , further down will target the 1.0950 levels .

On the upside , resistance comes at the 1.1459 levels , a break would open 1.1539 next , further upside will recapture main resistance at the 1.1679 levels before the next fall.

In all , as long as…

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Added by Haitham653 on January 23, 2015 at 7:07am — 3 Comments

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