EURUSD – The EURUSD continued to lose ground last week following the break down through 1.0855 – 1.0900 area recently. That area is now seen as strong resistance / containment and we are looking to be sellers whilst under it. We want to stay with the path of least resistance, which is clearly to the […]
EURUSD – Euro/dollar weakness continues The EURUSD continued to lose ground last week following the break down through 1.0855 – 1.0900 area recently. That area is now seen as strong resistance / containment and we are looking to be sellers whilst under it. We want to stay with the path of least resistance, which is […]
EURUSD – The EURUSD sell-off continues as prices keep losing ground with little retrace higher. Traders can continue to watch the 8 / 21 day ema layer or for selling opportunities, with the key resistance being up near 1.0850; whilst under that level we remain aggressively bearish and can look to sell strength. GBPJPY – […]
EURUSD – The EURUSD sell-off continued last week as prices capitulated lower. Price is approaching a key support level down near 1.0500 area, but we remain bearish on this pair and will watch for any strength this week to get short. Traders can watch the 8 / 21 day ema layer or for selling opportunities, […]
EURUSD – Euro/dollar sell-off accelerates The EURUSD sell-off continued last week as prices capitulated lower. Price is approaching a key support level down near 1.0500 area, but we remain bearish on this pair and will watch for any strength this week to get short. Traders can watch the 8 / 21 day ema layer or […]
EURUSD – The EURUSD continues to sell-off off this week as it easily broke and closed below key support at 1.0825 area, which we mentioned in our weekly outlook. Traders can look to get short whilst under 1.0825 on any strength this week, targeting support near 1.0510 area. GBPUSD – The GBPUSD has formed consecutive […]
EURUSD – The EURUSD has continued selling off this week as it easily broke and closed below key support at 1.0825 area, which we mentioned in our weekly outlook. Traders can look to get short whilst under 1.0825 on any strength this week, targeting support near 1.0510 area. GBPUSD – The GBPUSD has weakened this […]
EURUSD – The EURUSD has continued selling off this week as it easily broke and closed below key support at 1.0825 area, which we mentioned in our weekly outlook. Traders can look to get short whilst under 1.0825 on any strength this week, targeting support near 1.0510 area. GBPUSD – The GBPUSD has weakened this […]
EURUSD – Euro/dollar volatility spikes after U.S. election The EURUSD lost significant ground last week after shooting dramatically higher in the wake of the U.S. election results and then reversing course, ending the week sharply lower. Notice in the weekly chart below, price shot all the way up to key resistance near 1.1280 mid-week last […]
EURUSD – The EURUSD reversed aggressively yesterday after shooting dramatically higher in the wake of the US election results. We could look to get short this market on some strength followed by a 1 hr, 4 hr or daily chart sell signal. Resistance up near 1.1125 key resistance is the key level for bears. GBPUSD […]