Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.09445 with take profit at 1.09251. Alternative scenario: Buy position is envisaged if price trades above 1.09687 with take profit at 1.09902. Fundamentals:8:30am EUR ECB President Lagarde Speaks Comment: The decline could be associated with the worries about the US response to China’s proposed security …
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.08113 with take profit at 1.07834 Alternative scenario: Buy position is envisaged if price trades above 1.08286 with take profit at 1.08451 Fundamentals:No major economic data expected today Comment: The hawkish statement of the Chairman of the Federal Reserve earlier today is envisaged to lend …
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.08031 with take profit at 1.07809 Alternative scenario: Buy position is envisaged if price trades above 1.08328 with take profit at 1.08779 Fundamentals:1:30 pm Unemployment Claims (USD) Comment: This pair got rejected at the 1.08 level after the Fed Chair made a statement squashing all …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 116.231 with take profit at 116.733 Alternative scenario: Sell position is envisaged if price trades below 115.881 with take profit at 115.038 Fundamentals:No major economic data expected today Comment: The common currency is envisaged to continue its recent recovery against the Yen in the session …
Intraday: Bearish Technical Analysis Preference: A Sell position is envisaged if price trades below 1.08420 with take profit at 1.07936 Alternative scenario: Buy position is envisaged if price trades above 1.08522 with take profit at 1.08862 Fundamentals:No major economic data expected today Comment: The pair recovered slightly on opening but was stalled by the 200 Exponential Moving Average acting …
Intraday: Bullish Technical Analysis Preference: A buy if price trades above 1.08524 with take profit at 1.08817 Alternative scenario: Sell at 1.08191 with take profit at 1.07872 Fundamentals:1:30pm US Averag HourlyEarnings m/m Non-Farm Employment Change Unemployment Rate Comment: The U.S. dollar weakened in early European trade Friday as the onslaught of grim economic …
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: 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: Bearish * Technical Analysis * Preference: A Sell position is envisaged if price trades below 1.08372 with take profit at 1.08266 * Alternative scenario: Buy position is envisaged if price trades above 1.09000 with take profit at 1.09221 * Fundamentals:No major economic data expected today Comment: Market sentiment on the pair remain bearish owing to the expected global recession …
