All Blog Posts Tagged 'EURUSD' (1,800)

EURUSD Intraday Forecast Jul 08 2014

Recommendations: SHORT positions below 1.3610  with 1.3555  & 1.3511 as next targets.

Alternative scenario: The upside breakout of 1.3610 will call 4 a rebound to 1.3663/1.3700.

Description: Intraday outlook in EURUSD remains on the downside , as long as resistance 1.3610  holds ,support comes at the 1.3555 levels , a break would open 1.3511 next , further downside will aim the 1.3475 levels . On the upside : sustained…

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Added by Haitham653 on July 8, 2014 at 10:00am — No Comments

EURUSD - Turn in sentiment targets 1.3477 this week

A sequence of 2 up weeks ended last week despite initial upside reaching the most positive levels for 6 weeks. This was achieved at the beginning of the week but prices were unable to be sustained above the 200 day moving average and 4 consecutive daily losses were posted into Friday’s close. With the 13 day moving average breached and medium-term signals turning increasingly negative we look for the downside to deepen further. 

Potential exists to 1.3477 and even towards  1.3369, a…

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Added by Alan Collins on July 7, 2014 at 6:51am — No Comments

EURUSD Daily Forecast Jul 04 2014

Despite the decline we witnessed yesterday , outlook in EURUSD remains neutral , support comes at the 1.3600 levels , stability above this level on a daily closing basis could mean a return to the 1.3697 levels , If this resistance is taken out , expect the pair to flyby towards the 1.3843/1.3993 levels….

On the downside , support comes at the 1.3600 levels ( main) , losing this level on a daily closing basis will turn outlook for the 1.3476 levels……

In all , the EURUSD is…

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Added by Haitham653 on July 4, 2014 at 8:30am — No Comments

FX Light - Strategy Around NFP's and ECB Rate Decision.

3rd July 2014. So today we have a fair bit packed into the news flow because there is a July 4th holiday on Friday so we have NFP’s today, plus we have an ECB rate decision. It could well be argued that a big upside surprise on Non-Farm Payrolls will shake up the equity markets but I…

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Added by Gary on July 3, 2014 at 8:42am — No Comments

EURUSD Daily Forecast Jul 02 2014

No change , outlook in EURUSD remains on the upside towards the 1.3735 levels as long as support 1.3650 holds on a daily closing basis , break of 1.3735 levels would open 1.3790 next , further upside will look for the 1.3843 levels…

On the downside , support comes at the 1.3650 levels , stability above this level will keep the pair bullish , however , sustained trading – daily closing below the 1.3650 levels will turn outlook neutral for retesting the 1.3600 levels before the next…

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Added by Haitham653 on July 2, 2014 at 10:00am — No Comments

EURUSD Monthly Forecast July 2014

Despite the bearish correction last (May) , monthly outlook in EURUSD  remains on the upside as long as support 1.3476 (Feb 2014 low) holds on a monthly closing basis , next resistance comes at the 1.3993 levels ( May 2014 high ) , break of 1.3993 on a monthly basis is needed to resume the upside offensive , If seen , next resistance would be around the 1.4300 levels , a halt is likely and we might see a top around this level, but break of the 1.4300 levels on a monthly closing basis will…

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Added by Haitham653 on July 1, 2014 at 3:30pm — No Comments

TD Securities - EURUSD tests a broad band of key resistance in the 1.3650/00 resistance

TD Securities - "Thin conditions through the month, quarter and half year-end have helped produce a pop higher in EURUSD in today’s session to test a band of resistance in the upper 1.36 area—1.39 double top breakdown point (April low), early June high, top of the June channel, 40 & 200-day MAs and 38.2% retracement resistance from the 1.39/1.35 drop. Trend momentum studies do not show a lot of directional intent on the daily and weekly charts at the moment. That suggests it may be…

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Added by Francesc Riverola on July 1, 2014 at 2:05pm — No Comments

EURUSD Daily Forecast Jul 01 2014

Outlook in EURUSD remains on the upside towards the 1.3735 levels as long as support 1.3650 holds on a daily closing basis , break of 1.3735 levels would open 1.3790 next , further upside will look for the 1.3843 levels…

On the downside , support comes at the 1.3650 levels , stability above this level will keep the pair bullish , however , sustained trading – daily closing below the 1.3650 levels will turn outlook neutral for retesting the 1.3600 levels before the next rise, If 1.3600…

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Added by Haitham653 on July 1, 2014 at 7:51am — No Comments

FX Light - Getting More Aggressive Now

1st July 2014. The last 24 hours has seen a wave of selling against the buck with key pairs now looking quite stretched. GBPUSD is now weekly, daily and was briefly hourly overbought. EURUSD seems to be making that move up towards 1.37 that seemed on the cards a few days ago. USDJPY seems to be…

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Added by Gary on July 1, 2014 at 7:18am — 1 Comment

EURUSD Daily Forecast Jun 30 2014

The EURUSD  continued its bullish momentum last Friday, printed support at the 1.3608 levels .This development leaves the pair targeting the 1.3688 levels , a halt is likely , but a break would open 1.3735 next , further upside will aim the 1.3790 levels.

On the downside , support comes at the 1.3630  levels ahead of 1.3608/1.3600 ( main) , stability above support levels will keep the bullish momentum intact , however ; losing the 1.3600 levels on a daily closing basis will reverse…

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Added by Haitham653 on June 30, 2014 at 11:36am — No Comments

EURUSD Weekly Forecast Jun 30 2014

No change , outlook in EURUSD remains – cautiously – on the downside , support comes at the 1.3573 levels ahead of the 1.3511 levels (main) , sustained trading – weekly closing – below this level will extend losses towards the 1.3380 levels , further downside will pave the way towards the 1.3215 levels where a breach will turn focus on the 1.3030 levels….

On the upside , resistance comes at the 1.3668 levels ahead of 1.3774 ( main) , stability below resistance could mean a return…

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Added by Haitham653 on June 30, 2014 at 11:28am — No Comments

EURUSD Daily Forecast Jun 26 2014

The EURUSD maintained a bullish momentum yesterday , printed support at the 1.3600  levels .This development leaves the pair targeting the 1.3688 levels , a halt is likely , but a break would open 1.3740 next , further upside will aim the 1.3790 levels.

On the downside , support comes at the 1.3600 ( main) , stability above support levels will keep the bullish momentum intact , however ; losing the 1.3600  levels on a daily closing basis will reverse risks towards the 1.3511 levels ,…

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Added by Haitham653 on June 26, 2014 at 8:30am — No Comments

FX Light - Mr Market

26th June 2014. If you recall Q1 in the United States was all about the bad weather and the restraining effect that was having on economic activity, but that was a terrible Q1 GDP number out of the states yesterday. I am starting to have some sympathy for Janet Yellen’s “catch 22”. …

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Added by Gary on June 26, 2014 at 8:19am — No Comments

EURUSD- Average platforms gains towards 1.3694

The consolidation above the 13 day moving average turned to more significant buying interest yesterday as the average platformed gains. 2 week highs were posted and although almost half of that upside was reversed into the close, the move leaves intraday sentiment more positive. With this underlying tone, but with caution,there is scope for the market to focus on 1.3670 and 1.3694.…

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Added by Alan Collins on June 26, 2014 at 6:28am — No Comments

Goldman Sachs - We expect the euro to weaken vs. the dollar

Goldman Sachs - "We have maintained our EUR/USD forecast at 1.38, 1.34 and 1.30 in 3, 6 and 12 months. Our shift to a more bearish view of the Euro was motivated by ECB commentary which telegraphed that easing was possible given persistently low inflation prints. Easing was subsequently delivered at the June meeting which included a deposit rate cut, fixed- rate TLTRO operations and ending the SMP drain. In addition, the inflation forecast for 2016 was revised down from 1.5% to 1.4%. The…

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Added by Francesc Riverola on June 25, 2014 at 3:58pm — No Comments

EURUSD Daily Forecast Jun 25 2014

Daily outlook in EURUSD remains cautiously on the upside towards the 1.3620 levels , a break would open 1.3676 next , further upside will am the 1.3745/1.3843  levels …

On the downside , support comes at the 1.3556 levels ahead of the 1.3511 levels, stability above support levels could push the pair towards the 1.3620/1.3676 levels , however ; sustained trading – daily closing – below the 1.3511 levels , will suggest false bullish break out , and is likely to open , 1.3455 levels…

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Added by Haitham653 on June 25, 2014 at 9:37am — No Comments

EURUSD Weekly Forecast Jun 23 2014

Despite recovery last week , outlook in EURUSD remains - cautiously –  on the downside , support comes at the 1.3511 levels , sustained trading – weekly closing – below this level will extend losses towards the 1.3380 levels  , further downside will pave the way towards the 1.3215 levels where a breach will turn focus on the 1.3030 levels….

On the upside , resistance comes at the 1.3668 levels ahead of 1.3774 ( main) , stability below resistance could mean a break below the 1.3511…

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Added by Haitham653 on June 23, 2014 at 7:42am — No Comments

EURUSD Daily Forecast Jun 19 2014

The EURUSD maintained a bullish momentum yesterday , broke above the the key resistance 1.3578 , topped at the 1.3598 levels, bottomed at the 1.3541 levels , and closed at the 1.3594 levels..

As a result ; outlook in EURUSD has turned to the upside , this scenario should recapture the 1.3620 levels , a break would  open 1.3676 next , If this important resistance is taken out , expect the pair to strengthen further towards the 1.3745 levels where a breach will turn focus on the 1.3843…

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Added by Haitham653 on June 19, 2014 at 6:23am — No Comments

EURUSD Intraday Forecast Jun 17 2014

Recommendations: SHORT positions below 1.3578 with 1.3540 &1.3511 as next targets.

Alternative scenario: The upside breakout of 1.3578 will call 4 a rebound to 1.3620/1.3676.

Description: Intraday outlook in EURUSD remains on the downside , as long as resistance 1.3578 holds ,support comes at the 1.3539 levels , a break would open 1.3511 next , further downside will aim the 1.3475 levels . On the upside : sustained trading…

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Added by Haitham653 on June 17, 2014 at 7:38am — No Comments

FX Light - Looking Into My Defective Crystal Ball For The Second Half Of 2014

“The ability to foresee that some things cannot be foreseen is a very important quality” – Rousseau

June 17th 2014. So, six months into the year, how are you doing? Yesterday I closed the last of my FTSE short positions and once again await an opportunity to sell this market short. I have also now begun selling the S&P500 short here too and sold some SPX at 1931. The trend is clearly up so I must remain nimble here but I…

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Added by Gary on June 17, 2014 at 7:10am — 2 Comments

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