The pair is in an uptrend after bottoming at 1.4226. Trading is situated above the 50- and 200-day SMA, currently projected at 1.4986 and 1.5539.
The intraday bias is positive for 1.5470-90, but on the 4h. frame the downtrend is intact, so a break below 1.5324 should be expected, towards 1.5118 main target. Important intraday support is seen at 1.5403.
The pair is in a broad consolidation above 84.78 short-term low. Trading is situated below the 50- and 200-day SMA, currently projected at 92.60 and 91.06.
As expected, the rebound above 83.60 broke through 84.70 and sharply reversed at 85.22 initiating a downtrend for 82.50. The intraday bias is negative for 83.70 with a crucial level at 84.49.
EUR/USD is in a downtrend, after peaking at 1.5146 (Nov.25,2009). Technical indicators are descending, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.3458 and 1.4206.
The break below 1.2850 confirmed, that a top is in place at 1.2920 and it is a final of the prolonged consolidation above1.2587 low, so current bias is negative for 1.2620, en route to 1.2475. Initial resistance is seen at 1.2780.
The pair is in a broad consolidation above 84.78 short-term low. Trading is situated below the 50- and 200-day SMA, currently projected at 92.60 and 91.06.
Finally, the pair broke through 83.59 low and with the current resistance at 84.01 the overall bias is negative for 82.50, en route to 80.+ sentiment area. Crucial on the upside is 85.22.
The pair is in an uptrend after bottoming at 1.4226. Trading is situated above the 50- and 200-day SMA, currently projected at 1.4986 and 1.5539.
Although the rise from 1.5295 was quite impulsive in nature, we think, that it was the last leg of an "irregular" corrective pattern since 24.08.2010 and current bias is negative for a break below 1.5290, en route to 1.5118. Initial resistance is seen at 1.5440.
EUR/USD is in a downtrend, after peaking at 1.5146 (Nov.25,2009). Technical indicators are descending, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.3458 and 1.4206.
The pair is testing 1.2920 resistance area and a reversal below that level is quite possible for 1.2770 support. Confirmation will be received with a break below 1.2853.
The pair is in an uptrend after bottoming at 1.4226. Trading is situated above the 50- and 200-day SMA, currently projected at 1.4986 and 1.5539.
Yesterday's rise peaked at 1.5587 and the consolidation, that followed dipped to 1.5448 support. Current bias is positive for 1.5590, en route to 1.5675, before reversal below 1.5700 area for 1.5290.
The pair is in an uptrend after bottoming at 1.4226. Trading is situated above the 50- and 200-day SMA, currently projected at 1.4986 and 1.5539.
Yesterday's rise peaked at 1.5653 and we still believe, that the resistance area below 1.5675-1.57 will provoke a reversal for a sharp slide towards 1.5448, en route to 1.5290.
EUR/USD is in a downtrend, after peaking at 1.5146 (Nov.25,2009). Technical indicators are descending, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.3458 and 1.4206.
The overall bis here is still positive with an initial support at 1.3110, but we favor a reversal around current levels for a sell-off towards 1.2920 and 1.2780. Crucial on the downside is 1.3060.
EUR/USD is in a downtrend, after peaking at 1.5146 (Nov.25,2009). Technical indicators are descending, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.3458 and 1.4206.
As expected, the uptrend was reversed at 1.3159 and currently a sell-off is on the run, consolidating above 1.3030 support. Further depreciation is to be expected, towards 1.2920 major support area. Initial intraday resistance is seen at 1.3116.
The pair is in an uptrend after bottoming at 1.4226. Trading is situated above the 50- and 200-day SMA, currently projected at 1.4986 and 1.5539.
Yesterday's break above the crucial 1.8587 provoked a fast uptrend towards 1.5729 resistance, but today we favor a reversal for 1.56+ before one final leg upwards, to 1.5810.
EUR/USD is in a downtrend, after peaking at 1.5146 (Nov.25,2009). Technical indicators are descending, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.3458 and 1.4206.
Current high at 1.3440 marks the final of the rise from 1.3060, so the pair has entered a larger consolidation pattern, that will aim to break below 1.3350, towards 1.3260. The overall bias remains positive with important support at 1.3160.
The oscillators are in a divergence with the price, so the rise from 1.3285 is probably the last wave of the uptrend since 1.2643 low, but the short-term bias is still positive for 1.3570, well supported at 1.3430. Crucial for the whole uptrend on the 2h. chart is 1.3285.
EUR/USD is in a downtrend, after peaking at 1.5146 (Nov.25,2009). Technical indicators are descending, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.3458 and 1.4206.
The overall bias here remains bullish for 1.3760 and 1.3850 major resistance area with an initial support at 1.3506. Trigger on the upside is 1.3648.
EUR/USD is in a downtrend, after peaking at 1.5146 (Nov.25,2009). Technical indicators are descending, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.3458 and 1.4206.
The overall bias remains bullish for 1.3760 and the major resistance area at 1.3850, but keep in mind, that the oscillators signal overbought conditions and triple divergence on the 4h. frame. Crucial on the downside is 1.3560.
EUR/USD is in a downtrend, after peaking at 1.5146 (Nov.25,2009). Technical indicators are descending, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.3458 and 1.4206.
A top has been placed at 1.3806 and the bias is already negative, so a major reversal could be just around the corner. Initial support is projected at 1.3680, followed by the crucial 1.3560. Intraday resistance comes at 1.3748 and while that level is intact, the bias will be extremely negative.
EUR/USD is in a downtrend, after peaking at 1.5146 (Nov.25,2009). Technical indicators are descending, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.3458 and 1.4206.
Recent slide from 1.3806 bottomed at 1.3635 and the intraday bias is positive again for a tight test of the major resistance area at 1.3850. A major reversal will be confirmed below 1.3635.
EUR/USD is in a downtrend, after peaking at 1.5146 (Nov.25,2009). Technical indicators are descending, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.3458 and 1.4206.
The overall bias remains bullish, but due to the major resistance area at 1.3850, we are tempted to expect a reversal for 1.3560 and 1.3340. Trigger on the downside is 1.3640 and initial minor support is projected at 1.3794-3806.
EUR/USD is in a downtrend, after peaking at 1.5146 (Nov.25,2009). Technical indicators are descending, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.3458 and 1.4206.
The bullish bias is intact and the uptrend is well supported at 1.3945 for 1.40+, en route to 1.4202 resistance area. Crucial on the downside is 1.3795 support zone.
