Yesterday, EURUSD managed to stay above 1,0870. There wasn't any sign for a continuation up either. In case it drops lower, the next support levels are 1,0841 and 1,0775. Watch out for rejection around those levels as we might get a buy signal down there. Targets will be above 1,0950!
On Friday, EURUSD managed to stay above the support - 1,0870. This is the level that will determine the next move. If the market rejects it, we should see a test of previous highs. But if it breaks below, we're probably going to see a deeper pullback before the next bullish move. We don't have any entry confirmations yet. USD news coming out at the end...
EURUSD didn't manage to print a new high yesterday and we're now back below 1,0900. Today, we're don't have potential entry opportunities. Watch out for the levels around the previous H1 low - 1,0870. This is our first support at the moment. In case the market breaks below that, we would be expecting a pullback on the whole move formed since the beginning...
Yesterday, EURUSD broke its previous high and continued higher. Now we have more trading opportunities as the bullish momentum is confirmed. The next resistance to watch out for is 1,0980! This is the level to keep in mind if you get involved in long positions.
EURUSD went lower due to the high impact news yesterday. However, it did manage to recover the losses and it's currently trading above the news candle. This clearly shows a lack of selling pressure and price will potentially test the previous highs. Everyone who's in a long position can now move stops below the low from yesterday. More entries can be...
Yesterday, EURUSD tested and then rejected the resistance at the previous highs. Watch out for the pullback before the next upside move and potential breakout. Today at 1:30 PM (GMT Standard) the 'Retail Sales' data will be published. Probably the most important news for the USD this week. Key support is at 1,0840!
On Friday, EURUSD tested the previous high at 1,0900 again but couldn't break above. If anyone is currently in a long trade, move your SL to breakeven and expect a breakout. Once we see a breakout and re-test or a pullback before the breakout, then we will be able to find more entry opportunities. If price breaks out to the upside, the next resistance levels...
EURUSD kept climbing during the news yesterday and reached 1,0900. This is key resistance level from previous top. Watch whether it has the strength to breakout or it will follow a correction from these levels. The goal is another test of the resistance. If you buy from lower levels you can move the SL right below the level of yesterday’s news. This is an...
EURUSD continues to move within Friday's news. US inflation data will be released today! This is one of the most important news at the moment and will determine the next move in the USD. The news will be published at 15:30 Bulgarian time! Recommended to de-risk all active positions. There will be new grounds for trades after the news.
Yesterday EURUSD held between Friday’s levels. The US inflation data is due tomorrow. This is one of the most important news at the moment and we’re going to see greater fluctuations for sure. The best trade opportunities will be after the news in case of higher low. This will confirm the trend and give us good ratio.
EURUSD holds above 1,0800 without being able to break above the resistance. The risk to reward ratio is still not good enough for us to look for entries right now. Watch out for another test of 1,0850 and whether there will be a breakout. A pullback would probably give us another entry opportunity. Also, in case of a breakout, we will be looking for another...
Last week EURUSD broke the previous top and reversed the trend. You can move the SLs of an already made buying trades. There is no good enough risk to reward ratio at current levels. That's why watch for correction and pullback. The next resistance levels are 1,0848 and 1,0900.
EURUSD continues its rise and makes new highs. US jobs data will be released today. The news is at 15:30 Bulgarian time and has a great impact. Current levels are not suitable for trades. There will be an option for new entries after the news and after correction. Reduce the risk if you have active positions and wait for the right moment!
Yesterday EURUSD passed over 1,0800 and made higher top. Thus, confirms the H1 trend reversal. US banks will remain closed today and weaker moves are expected. Tomorrow is the NFP data which will have an impact. Watch for a continuation of the rise and opportunity to buy after a correction. The target remains a break of 1.0900 and heading towards 1.1100!
Yesterday EURUSD tested 1.0700 and bounced back. EURUSD is still in H4 sideways movement and we may see lower values. We continue to watch for a bottom and the possibility of a trend reversal. This will set a longer term direction and have more and clearer entry options. No need to rush into new high volume trades right now! Tomorrow is a non-working day...
Today we are looking at the EURUSD daily chart. What we are watching for is a higher low than the previous one at 1.0600. This will signal a reversal of the H1 trend and there will be an opportunity for buying. The target will be a break of 1.0900 and heading towards 1.1100! At current levels there is no reason to enter!
On Friday, EURUSD continued to make lower highs and higher lows. Today it opens with a gap and tests the resistance. By the end of the week there is important USD news and on Friday the NFP data will be released. Watch for trend reversals and buying opportunities. At the start of an uptrend, the target will be a break of 1.0900 and heading towards...
EURUSD makes lower highs without breaking previous lows. Thus, the price closes in a sideways movement that will break out very soon. Watch for a retest of previous lows and a bounce. The other option for buying is at a higher bottom and a break of a previous high. Today marks the end of the week, month and quarter!