Intraday: Bearish Technical Analysis Preference: A sell trade is envisaged if price trades below 1.07794 with take  profit at 1.07545 Alternative scenario: A buy trade is envisaged  if price trades above 1.08086 with take  profit at 1.08236 Fundamentals:1:30pm Unemployment Claims (USD)3pm ECB President Lagarde Speaks (EUR) Comment: Generally speaking, this pair has struggled breaking past a strong resistance level …
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.08792 with take profit at 1.08438 Alternative scenario: Buy position is envisaged if price trades above 1.09061 with take profit at 1.09415. Fundamentals:German Constitutional Court Ruling (tentative).ISM Non – Manufacturing. Comment: The Euro saw a huge drop yesterday, we could attribute that to the negative data on …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 29.18 with take profit at 30.20 Alternative scenario: Sell position is envisaged if price trades below 28.30 with take profit at 26.97 Fundamentals:No major economic data expected today Comment: The uptick of Oil is due to the expected supply cut that would be implemented by OPEC …
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.09209 with take profit at 1.08970 Alternative scenario: Buy position is envisaged if price trades above 1.09494 with take profit at 1.09649 Fundamentals:No major economic data expected today Comment: The statement by the White House pinning blame on China for the outbreak of the novel …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1.41555 with take profit at 1.41906 Alternative scenario: Sell position is envisaged if price trades below 1.41094 with take profit at 1.40676 Fundamentals:No major economic data expected today Comment: The pair has established an uptrend on the hourly chart and the continuation will be confirmed once …
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.08551 with take profit at 1.08184 Alternative scenario: Buy position is envisaged if price trades above 1.08777 with take profit at 1.08911 Fundamentals:EUR Main Refinancing Rate 12:45pmEUR Monetary Policy Statement 12:45pmEUR ECB Press Conference 1:30pmUSD Unemployment Claims 1:30pm Comment: The EURO gains from yesterday quickly …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1.39042 with take profit at 1.39662 Alternative scenario: Sell position is envisaged if price trades below 1.38583 with take profit at 1.38400 Fundamentals:USD Unemployment Claims 1:30pm Comment: Technically, this pair got rejected when it tested a two week low and price momentum slowed down afterwards. Investors are …
