Archive for the ‘Forex Analytics’ Category

EURUSD Analysis 2012.02.22

[Forex-1 | Euro vs US Dollar] The EURUSD bias is neutral. Upper barrier is at (1.32072), break above that area could trigger further short term upside pressure testing (1.32839). On the downside, the important price level at (1.31045) may be tested or broken in the coming sessions, which may pull the pair towards (1.30237 – 1.29746).Look for a close above/below either barrier.

EURUSD Analysis 2012.02.21

[Forex-1 | Euro vs US Dollar] The EURUSD bias is neutral. Upper barrier is at (1.32072), break above that area could trigger further short term upside pressure testing (1.32839). On the downside, the important price level at (1.31045) may be tested or broken in the coming sessions, which may pull the pair towards (1.30237 – 1.29746).Look for a close above/below either barrier.

EURUSD Analysis 2012.02.20

[Forex-1 | Euro vs US Dollar] The EURUSD bias is neutral. Upper barrier is at (1.32072), break above that area could trigger further short term upside pressure testing (1.32839). On the downside, the important price level at (1.31045) may be tested or broken in the coming sessions, which may pull the pair towards (1.30237 – 1.29746).Look for a close above/below either barrier.

EURUSD Analysis 2012.02.17

[Forex-1 | Euro vs US Dollar] We see better value in short positions. If the price will go below the first support at (1.30891), this would confirm continuation of the bearish trend, towards next objective downwards (1.30179) then (1.29746) and (1.29048) will follow.Look for short positions for today`s trading session.

EURUSD Analysis 2012.02.16

[Forex-1 | Euro vs US Dollar] We believe that possible bearishness could be seen during this trading session. Immediate resistance is at (1.32006). Close above that area could lead us to neutral zone as direction would become unclear, but as long as price moves below that level the major scenario remains bearish.Short positions are favored for today.

EURUSD Analysis 2012.02.15

[Forex-1 | Euro vs US Dollar] The bias remains neutral in nearest term. A need for a clear break from the range area (1.32257 – 1.30702) so we can see clearer direction. Break below (1.30702) could trigger further bearish pressure targeting (1.28707) and keep the major bearish scenario remains strong while break above (1.32257) could trigger further bullish correction testing (1.34127).We need to hold for current session.

EURUSD Analysis 2012.02.14

[Forex-1 | Euro vs US Dollar] The outlook has grown increasingly bullish since EURUSD had remained above its latest swing low at (1.31454). If this support level is broken to the downside, the outlook will deteriorate.We will try to buy EURUSD from our mentioned support levels.

EURUSD Analysis 2012.02.13

[Forex-1 | Euro vs US Dollar] We prefer upside scenario at this phase. Since bias is bullish in nearest term targeting (1.34080). Another move back below (1.31454) could lead us to neutral zone.You may try to buy from (1.31554), (1.31144), and (1.30280) with a stop loss below (1.31454).

EURUSD Analysis 2012.02.13

[Forex-1 | Euro vs US Dollar] We prefer upside scenario at this phase. Since bias is bullish in nearest term targeting (1.34080). Another move back below (1.31454) could lead us to neutral zone.You may try to buy from (1.31554), (1.31144), and (1.30280) with a stop loss below (1.31454).

EURUSD Analysis 2012.02.13

[Forex-1 | Euro vs US Dollar] We prefer upside scenario at this phase. Since bias is bullish in nearest term targeting (1.34080). Another move back below (1.31454) could lead us to neutral zone.You may try to buy from (1.31554), (1.31144), and (1.30280) with a stop loss below (1.31454).

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