Eur/Usd

[santiika]

Intraday bias in EUR/USD remains neutral for the moment with focus on 1.2880 minor support. As noted before, decisive break there will indicate that rebound from 1.2661 has already completed. In such case, bias will be turned to the downside and EUR/USD could dip below 1.2661 to extend the correction pattern from 1.3171. Nonetheless, strong rebound from the current level, followed by break of 1.2974 minor resistance will turn bias back to the upside and retain the bullish outlook.

In the bigger picture, fall from 1.4939 is treated as a falling leg inside the consolidation pattern that started at 1.6039 (2008 high). Such decline should have completed at 1.2042 already. Break of 1.3486 will confirm and should pave the way to 1.5 psychological level in medium term. We'd now stay bullish as long as 1.25 psychological level holds.

[saqib160]

this week eur/usd kafi theak raha ha ma eur/usd pair sa kafi acha earn kayea ha market ma kafi
tazi rahi ha zaydea tar meri trade profat ma gai ha .

[yudijoni]

Consistency knitted EURUSD bullish trend line to go through a 4 hour chart the downward trend 1.2996/1.3000, if through the nearest target 1.3042, then 1.3085. Psychological resistance, 1.3125. If the scenario fails, then the price dropped again to test initial support, 1.2895, and 1.2877. The intensity of selling below 1.2870 opens a chance to test 1.2827/22, 1.2745/35 next target. Optimal bearish projections 1.2620. Area in anticipation of a bearish reversal VST is 1.2996/1.3000; 1.3085 and 1.3125. Area in anticipation of a bullish reversal VST is 1.2877; 1.2827/22; 1.2745/35 and 1.2620.

[sheila]

Support: 1.2862
Pivot: 1.2924
Resistance: 1.2985

trendspotter buy
7 day average directional indicator sell
10-8 day MA hilo channel sell
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold

Technical Analysis for EURUSD Hold

[Gaurav Singh]

The EUR/USD was basically flat at 1.2903 and the dollar fell against the yen to 82.16. Overall, the Dollar Index rose 0.05 percent to $80.451 on strength against the Swiss franc and the Swedish krone. Except for yen crosses, forex markets were pretty quiet overnight with moves limited.

[ALLIANZ]

My medium term outlook remains neutral but nearest term bias is bearish now testing MA200-day support around 1.2735. But we need a clear breakdown below 1.2885 area to trigger further bearish momentum at least aiming 1.2830 region. On the upside, immediate resistance is seen around 1.2995 area, a clear break above that area could trigger further bullish pressure testing 1.3085 region.

[erespe]

EURUSD move in narrow range yesterday, today the pair was opened above its daily pivot. With the narrow range of support-resistance, I think Euro will likely rise towards 1.2961 or 1.2983. Bearish movement can be happen if the pair successfully break the pivot (1.2922)

[samsiah]

EUR / USD Waving analysis

Our opinion: Await till finish correct and buy. Purchasing can be considered by at corectional storey; level from 50 - 76%, 1,2890-1,2740

Scenario Alternative: Weakness breakout at storey; level 1,2660 will continue long-range downtrend.

[winstead]

EURUSD has fallen after failing to break resistance at 1.3140. Observe testing key support at 1.2875. The underlying trend is negative. Therefore expect given rise limits given the strong resistance at 1.3172 the overall condition is overbought.

[Gaurav Singh]

The abbreviation for the euro and U.S. dollar (EUR/USD) pair or cross for the currencies of the European Union (EU) and the United States (USD).