EURUSD met the expectations and yesterday tested the previous low. At these levels, all sales should be fully de-risked. We may still see a breakout of the previous low, but we are starting to watch for a trend reversal! Today at 15:30 USD news is coming which will cause more volatility. Don't rush the new trades in the last two days of the quarter!
Yesterday EURUSD pulled back from resistance levels and started another decline. The goal is test and breakout of the previous low at 1,0666. Recently EURUSD made lower tops and higher lows and soon there will be breakout ot this sideways move. The current opportunities are short-term and you should trade them with lower risk. The levels around 1,0600 are key...
Yesterday EURUSD reached the previous top. These are key levels, we will determine the next movement from. Upon a pullback there will be selling opportunities targeting the previous low and 1,0600. Upon a breakout of the previous top, the selling scenario drop-off. Buying opportunities will be considered subsequently.
This week we will find out if the EURUSD will be able to break the previous bottom. There will be a short-term selling opportunities upon a correction and pullback. A key support level is 1,0600 and all sell trades must be closed before this level. Keep an eye on this level for possible trend reversal.
EURUSD has been moving sideways for a whole week now. As long as it moves in this way there are no good grounds for new trades. Today, watch for the strength to retest the previous low. There will be grounds for buying when the downtrend runs out and bounces off.
Yesterday, US banks remained closed and there was no major movement. EURUSD remains unchanged and without grounds for trades at current levels. Watch for a decline and a higher bottom. This will allow early entries. GBP interest rates are coming up today and there will be bigger moves there. In addition to GBPUSD, EURGBP is also of interest to continue...
Yesterday, EURUSD hit 1,0760 and pushed back. US banks will remain closed today and no significant fluctuations are expected. It's important how the drop on EURUSD will continue after yesterday's reaction. Watch wether the movement has strength or not. If it starts to run out and make a higher bottom there will be buying opportunities.
On Friday, EURUSD broke the previous bottom and reached 1.0666. There is no major USD news this week and US banks will remain closed on Wednesday. No major moves are expected in EURUSD, with a further decline more likely. Look for entries after reaction. The first target will be a test of Friday's bottom.
The two most important USD news will be published today. The inflation data will be announced at 3:30pm BG time, the interest rates - at 9:00pm. These news will determine the next USD movement. Yesterday, EURUSD reached 1,0720 and pulled back. This is an important support and is there will be rise, it could starts from these levels. It is recommendable to...
EURUSD has reached 1,0730 before to start a correction. The levels around 1,0800 are the first resistance. The market closed there last Friday and there is also 38,2 Fibo of the impulse drop. Keep an eye on these levels for pullback and possible test of the yesterday’s low. Bear in mind that FED’s interest rates announcement is coming tomorrow and significant...
EURUSD is down over 100 pips after NFP. The downside move continues today and the next support is 1,0721. More USD news coming this week. The FED's interest rate will be announced on Wednesday . This news will determine whether the downside move has strength to continue or another reversal will fallow. Look for trades only after correction.
The ECB cut interest rates yesterday. This has resulted in large swings but no clear direction in the EURUSD. US jobs data is due today. This is one of the most important news for the USD and will determine the next move in all instruments. The news will be published at 15:30 Bulgarian time. Misleading moves are possible in both directions, so jump into...
Yesterday EURUSD drop down below 1,0900 again. Important USD news as well as interest rates from the ECB are due by the end of the week. This will lead to a significant fluctuations and new opportunities. The first news for USD is today at 17 pm BG time. No trade grounds at current levels. Do not rush to jump into trades without reason and good ratio.
Yesterday EURUSD broke an important resistance at 1,0900. This way the upside move on H4 continues. There will be sell opportunities after correction. At current levels, there is no basis for new trades. If you're looking to enter today, check out EURJPY and EURAUD!
On Friday EURUSD rose toward 1,0880 and bounced. These levels are key resistance and there is no buy grounds while the price is below. Keep an eye on for another drop and test of the previous lows. This week we have important news coming up for EUR on Thursday and USD on Friday.
Yesterday EURUSD rose to 1,0850 and bounced. It's important to watch over today if it will continue climbing. Upon another attempt to rise, but has no strength and pushes back, a fall will follow. So watch levels above 1.0850 for possible selling. There is no reason to buy at current levels!
Yesterday EURUSD met the expectations and fell below 1,0800. Do not look for new trades at current levels but lower the risk and take profits. This means to move the SL and partially close the sell trades. A key support level to keep an eye on remains 1,0782. Today at 15:30 the US GDP data will be released!
Yesterday, EURUSD bounced off the levels below 1,0900 and made a lower top. This led to sell opportunities, as we told you yesterday. USD news coming today at 15:30 BG time which will have an impact. Watch for continuation of decline towards 1.0782. The idea is spoiled by going over the previous peak!