Good morning,
Germany PMI has crashed all bulls' hopes on EUR and has not let upside scenario to be formed. Now we suggest downside continuation to 1.07 daily target:
Good morning,
EUR starts the bounce that we've discussed last week. First, we're watching on 1.0960-1.0980 resistance area and price response around it:
Good morning,
EUR stands around 1.0840-1.0860 daily support area, so we expect some bounce before considering next short position taking. Supposedly at least to 1.0930 area but more probable to 1.0960-1.0980 resistance area:
Good morning,
US yields rally is taking pause and EUR turns to wobbling action. Now we're watching for EU CPI numbers that could bring some volatility and EUR could try to touch our 1.0845 target, but mostly we think that this week trading plan is done:
Good morning,
Our short-term bearish scenario mostly is completed. Tomorrow we get EU CPI numbers and call to think about at least partial result booking, and not taking new shorts by far:
Good morning,
EUR is still coiling around 1.0890 lows, showing reaction on daily support level. Although it could climb slightly higher to 1.0950 area, but we still think that bears have advantage now and reaching of our next 1.0846 target is a question of time:
Good morning,
EUR has completed our 1st downside target, now we're watching for the next one, around 1.0845. But before EUR proceeds lower, we expect tactical pullback:
Good morning,
EUR was not able to rise from the ashes and jump above 1.1040 resistance. This makes us think about bearish sentiment and consider short-entry:
Good morning,
EUR still has not enough context for long entry and we do not consider long entry until market under 1.1040 area. Bears instead could get chance for position taking today if CPI will jump above expectations:
Good morning,
EUR was stunned by Italy and US banking sector news yesterday. Now it is indecision and needs some time to get itself back. Our view EUR has more chances to keep dropping rather than follow the H&S, as it's shape was significantly damaged by recent performance:
Good morning,
EUR accurately keeps our trading scenario and stands in the area of decision making for long entry. There are few tactical nuances that do not change the core
Good morning,
EUR accurately has completed our trading plan for past week. Now we consider 1.0960 area for long entry with reverse H&S pattern on 1H chart:
Good morning,
EUR stands quiet at the eve of NFP and not too many things to discuss, as we're still watching for our 1.0880-1.0885 target cluster. We just could discuss some ways of technical reaction on daily support area:
Good morning,
EUR accurately follows our scenario and coming to the target around 1.0880 level. Since 1.0860 is daily oversold - we expect tactic bounce out from 1.0860-1.0880 area:
Good morning,
EUR keeps bearish scenario. Now we suggest that downside action has more chances to start from current levels rather than from 1.1070 resistance area. Target remains the same - 1.0880 area:
Good morning,
EUR shows bounce from our first resistance level of 1.1035-1.1040. Still, intraday performance tells that chances on testing of 1.1070 are still exist. So, maybe we could get another, better entry price later in the session:
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