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EUR Trading Outlook Archive

Euro (EUR) Trading Outlook (02-09-2015)

September 2, 2015

EURUSD Pivot: 1.123 Likely scenario: Long positions above 1.123 with targets @ 1.135 & 1.14 in extension. Alternative scenario: Below 1.123 look for further downside with 1.12 & 1.1155 as targets. Comment: The pair has broken above a declining trend line and remains on the… Read more

Euro (EUR) Trading Outlook (01-09-2015)

September 1, 2015

EURUSD Pivot: 1.12 Likely scenario: Long positions above 1.12 with targets @ 1.131 & 1.135 in extension. Alternative scenario: Below 1.12 look for further downside with 1.1155 & 1.11 as targets. Comment: The RSI is bullish and calls for further upside.

Euro (EUR) Trading Outlook (31-08-2015)

August 31, 2015

EURUSD Pivot: 1.131 Likely scenario: Short positions below 1.131 with targets @ 1.12 & 1.1155 in extension. Alternative scenario: Above 1.131 look for further upside with 1.135 & 1.141 as targets. Comment: As long as 1.131 is resistance, look for choppy price action with a… Read more

Euro (EUR) Trading Outlook (27-08-2015)

August 27, 2015

EURUSD Pivot: 1.156 Likely scenario: Short positions below 1.156 with targets @ 1.1395 & 1.1345 in extension. Alternative scenario: Above 1.156 look for further upside with 1.1625 & 1.1715 as targets. Comment: The RSI is badly directed.

Euro (EUR) Trading Outlook (25-08-2015)

August 25, 2015

EURUSD Pivot: 1.1495 Likely scenario: Long positions above 1.1495 with targets @ 1.1625 & 1.173 in extension. Alternative scenario: Below 1.1495 look for further downside with 1.1395 & 1.1345 as targets. Comment: Even though a continuation of the consolidation cannot be ruled out, its extent… Read more

Euro (EUR) Trading Outlook (24-08-2015)

August 24, 2015

EURUSD Pivot: 1.1345 Likely scenario: Long positions above 1.1345 with targets @ 1.15 & 1.1565 in extension. Alternative scenario: Below 1.1345 look for further downside with 1.13 & 1.124 as targets. Comment: The RSI is bullish and calls for further upside.

Euro (EUR) Trading Outlook (21-08-2015)

August 21, 2015

EURUSD Pivot: 1.119 Likely scenarios: Long positions above 1.119 with targets @ 1.131 & 1.137 in extension. Alternative scenario: Below 1.119 look for further downside with 1.115 & 1.11 as targets. Comment: The RSI is supported by a rising trend line.

Euro (EUR) Trading Outlook (20-08-2015)

August 20, 2015

EURUSD Pivot: 1.107 Likely scenario: Long positions above 1.107 with targets @ 1.1165 & 1.1185 in extension. Alternative scenario: Below 1.107 look for further downside with 1.1015 & 1.098 as targets. Comment: The RSI is bullish and calls for further advance.

Euro (EUR) Trading Outlook (19-08-2015)

August 19, 2015

EURUSD Pivot: 1.1095 Likely scenario: Short positions below 1.1095 with targets @ 1.1015 & 1.098 in extension. Alternative scenario: Above 1.1095 look for further upside with 1.1125 & 1.1165 as targets. Comment: Even though a continuation of the technical rebound cannot be ruled out, its… Read more

Euro (EUR) Trading Outlook (19-08-2015)

August 19, 2015

Medium Term Strategy: Forex Pair of the day EUR/USD – the upside prevails The pair is pulling back above the strong horizontal support at 1.0810 as the daily RSI lacks downward momentum. Then, as long as 1.0810 holds as a strong support, further advance is likely… Read more

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