Daily analysis

Daily Technical Analysis – 6 Feb, 2017

Daily Technical Analysis – 6 Feb, 2017 EUR/USD Intraday: the downside prevails. Pivot: 1.0775 Our preference: short positions below 1.0775 with targets at 1.0725 & 1.0710 in extension. Alternative scenario: above 1.0775 look for further upside with 1.0800 & 1.0825 as targets. Comment: the RSI shows downside momentum. Green Lines Represent Resistances | Red Lines…
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Daily Technical Analysis – 3 Feb, 2017

Daily Technical Analysis – 3 Feb, 2017 EUR/USD Intraday: under pressure. Pivot: 1.0775 Our preference: short positions below 1.0775 with targets at 1.0710 & 1.0680 in extension. Alternative scenario: above 1.0775 look for further upside with 1.0805 & 1.0825 as targets. Comment: the RSI shows downside momentum. Green Lines Represent Resistances | Red Lines Represent…
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Daily Technical Analysis – 2 Feb, 2017

Daily Technical Analysis – 2 Feb, 2017 EUR/USD Intraday: the bias remains bullish. Pivot: 1.0760 Our preference: long positions above 1.0760 with targets at 1.0835 & 1.0850 in extension. Alternative scenario: below 1.0760 look for further downside with 1.0735 & 1.0710 as targets. Comment: the RSI is bullish and calls for further upside. Green Lines…
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Daily Technical Analysis – 1 Feb, 2017

Daily Technical Analysis – 1 Feb, 2017 EUR/USD Intraday: the bias remains bullish. Pivot: 1.0770 Our preference: long positions above 1.0770 with targets at 1.0815 & 1.0850 in extension. Alternative scenario: below 1.0770 look for further downside with 1.0740 & 1.0710 as targets. Comment: the RSI is mixed to bullish. Green Lines Represent Resistances |…
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Daily Technical Analysis – 23 Jan, 2017

 Daily Technical Analysis – 23 Jan, 2017 EUR/USD Intraday: the bias remains bullish. Pivot: 1.0710 Our preference: long positions above 1.0710 with targets at 1.0770 & 1.0800 in extension. Alternative scenario: below 1.0710 look for further downside with 1.0685 & 1.0665 as targets. Comment: the RSI is mixed to bullish. Green Lines Represent Resistances |…
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Daily Technical Analysis – 20 Jan, 2017

Daily Technical Analysis – 20 Jan, 2017 EUR/USD Intraday: the downside prevails. Pivot: 1.0670 Our preference: short positions below 1.0670 with targets at 1.0620 & 1.0590 in extension. Alternative scenario: above 1.0670 look for further upside with 1.0690 & 1.0715 as targets. Comment: the break below the support at 1.0670 triggered a downward acceleration to…
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Daily Technical Analysis – 18 Jan, 2017

   Daily Technical Analysis – 18 Jan, 2017 EUR/USD Intraday: caution. Pivot: 1.0675 Our preference: long positions above 1.0675 with targets at 1.0715 & 1.0750 in extension. Alternative scenario: below 1.0675 look for further downside with 1.0645 & 1.0610 as targets. Comment: a support base at 1.0675 has formed and has allowed for a temporary…
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Daily Technical Analysis – 16 Jan, 2017

Daily Technical Analysis – 16 Jan, 2017 EUR/USD Intraday: under pressure. Pivot: 1.0640 Our preference: short positions below 1.0640 with targets at 1.0570 & 1.0540 in extension. Alternative scenario: above 1.0640 look for further upside with 1.0665 & 1.0685 as targets. Comment: as long as the resistance at 1.0640 is not surpassed, the risk of…
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Daily Technical Analysis – 13 Jan, 2017

 Daily Technical Analysis – 13 Jan, 2017 EUR/USD Intraday: towards 1.0685. Pivot: 1.0620 Our preference: long positions above 1.0620 with targets at 1.0665 & 1.0685 in extension. Alternative scenario: below 1.0620 look for further downside with 1.0600 & 1.0570 as targets. Comment: the RSI is bullish and calls for further upside. Green Lines Represent Resistances…
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