Technical Outlook For Eur-Usd 13-8-2015

Technical Outlook For Eur-Usd 13-8-2015

Eur/Usd pair moved yesterday in the average price movement of 190 Pips, it recorded the highest level at 1.1213 and the lowest at 1.1023 and closed at 1.1157 to Gain 117 Pips during yesterday’s trading according to the economic data.

The pair opened today at 1.1157 oscillatory between the 1.1130 and the 1.1187 levels during the Asian session in a trading average of 57 pips for the limitation of the market liquidity, and in the European session the pair went down to 1.1113

The pair is moving in a series of up impulse waves after breaking the wedge.

We saw the pair achieved our target at 1.1150

It is expected that the pair eur /usd will reach the targeted level at 1.1190 in the next few hours.

The Relative Strength Indicator "RSI" reveals the accumulation operations at the market and until Now we are seeing the control of Bulls on the market.

Medium term trend: up

Support levels: 1.1049 and 1.0941 and 1.0859
Resistance levels: 1.1239 and 1.1321 and 1.1429
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Technical Outlook For Eur-Usd 5-8-2015

Technical Outlook For Eur-Usd 5-8-2015

Eur-Usd pair moved yesterday in the average price movement of 108 Pips, it recorded the highest level at 1.0986 and the lowest at 1.0878 and closed at 1.0880 to Lose 68 Pips during yesterday’s trading according to the economic data.

The pair opened today at 1.0880 oscillatory between the 1.0854 and the 1.0892 levels during the Asian session in a trading average of 38 pips for the limitation of the market liquidity.

The pair is moving in a series of down corrective waves after breaking the wedge and we see now the pair is trading close to the ascending trend line.

It is expected that the pair Eur-Usd will reach the targeted level at 1.0930 in the next few hours.

The Relative Strength Indicator "RSI" reveals the distribution operations at the market and until

Now we are seeing the control of Bears on the market.

Medium term trend: Down

Support levels: 1.0843 and 1.0806 and 1.0735

Resistance levels: 1.0951 and 1.1022 and 1.1059

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Technical Outlook For Eur-Usd 3-8-2015

Technical Outlook For Eur-Usd 3-8-2015

Eur/Usd pair moved last Friday in the average price movement of 193 Pips, it recorded the highest level at 1.1113 and the lowest at 1.0920 and closed at 1.0981 to Gain 50 Pips during Friday’s trading after we saw the consumer prices held steady.

The pair opened today at 1.0969 oscillatory between the 1.0965 and the 1.0988 levels during the Asian session in a trading average of 23 pips for the limitation of the market liquidity, and in the European session the pair went up to 1.0995

The pair is moving in a series of down corrective waves after breaking the parallel price channel.

It is expected that the pair Eur-usd will reach the targeted level at 1.1070 in the next few hours.

The Relative Strength Indicator "RSI" reveals the distribution operations at the market and until

Now we are seeing the control of Bears on the market.

Medium term trend: Down

Support levels: 1.0896 and 1.0811 and 1.0703

Resistance levels: 1.1089 and 1.1197 and 1.1282

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Technical Outlook for EUR-USD 22-7-2015

Technical Outlook for EURUSD 22-7-2015

Eur/Usd pair moved yesterday in the average price movement of 157 Pips, it recorded the highest level at 1.0968 and the lowest at 1.0810 and closed at 1.0936 to Gain 115 Pips during Yesterday’s trading after according to economic data.

The pair opened today at 1.0963 oscillatory between the 1.0924 and the 1.0960 levels during the Asian session in a trading average of 36 pips for the limitation of the market liquidity.

The pair is moving in a series of down corrective waves above the ascending trend line below 50% fibo.

It is expected that the pair Eur-Usd will reach the targeted level at 1.0860 in the next few hours.

The Relative Strength Indicator "RSI" reveals the distribution operations at the market and until

Now we are seeing the control of Bears on the market.

Medium term trend: Down

Support levels: 1.0841 and 1.0746 and 1.0683

Resistance levels: 1.0999 and 1.1062 and 1.11573

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Technical Analysis for Eur-Usd 14-7-2015

Technical Analysis for Eur-Usd  14-7-2015

Eur/Usd pair moved yesterday in the average price movement of 202 Pips, it recorded the highest level at 1.1196 and the lowest at 1.0994 and closed at 1.1003 to Lose 132 Pips during yesterday’s trading.

The pair opened today at 1.1002 oscillatory between the 1.0972 and the 1.1010 levels during the Asian session in a trading average of 38 pips for the limitation of the market liquidity.

The pair is moving in a series of down corrective waves after breaking the price channel, and we saw the pair retested the broken limit, so it is expected to fall down to lows again.

We saw the pair achieved our target at 1.1000.

It is expected that the pair Eur/Usd will reach the targeted level at 1.0890 in the next few hours.

Today at 12:30 we are looking for Core Retail Sales m/m from USA.

The Relative Strength Indicator "RSI" reveals the distribution operations at the market and till now we are seeing the control of Bears on the market.

Medium term trend: Down

Support levels: 1.0932 and 1.0862 and 1.0730

Resistance levels: 1.1134 and 1.1266 and 1.1336

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