EUR USD daily trade

The EURUSD pair continues uptrend and at the end of the market his positive sign so upcoming weeks his 1st target 1.09560 and 1.10 levels have a strong resistance area when the market opens then I watch on EURUSD pair recommended selling area 1.10

The Euro trend is broadly bearish. so I will approach on-coming gains as corrective in the context of a larger structural decline and position for opportunities to enter short after the move higher is exhausted

The breakout of 1.1030 resistance will allow the bulls to continue the uptrend. Potential growth target will be situated at the intraday resistance of 1.1150.

Technically the RSI is above its neutrality area at 50.Go long above 1.0985 with a target at 1.1215 and stop loss 1.0971.

The RSI is mixed to bearish. I'll open short positions  with targets at  1.111 and 1.1065 and stop loss at 1.1245

I stay on the sideline but are going to sell a 1,1530 overshooting!

It looks more likely that it would rise to 1.1144 - 1.1279 from 1.1006 or 1.0938. After which a downside move is expected.

I expect the EUR to extend further its move up toward a s/t target at 1,1346 with a possible extension to 1,1380 where I try a short position!

The market looks as if it is ready to continue to try to get to the 1.15 level. Above there, I feel that it is a bit of a trend change, and as a result it is a “buy-and-hold” type of situation then. I believe that in the meantime that anytime this market pulls back it is in fact a buying opportunity.

Rise from 1.0461 could still be in progress and above 1.1379 temporary top will target 1.1466 and above. But after all, such rise is viewed as a corrective move.

Immediate resistance is seen around 1.1200. A clear break above that area could lead price to neutral zone in nearest term testing 1.1250/80.

I guess the pair is going to rise for a while, so prefer setting a long position above 1.1 with TP 1.112 and SL 1.09.

I guess a break below 1.081 would trigger a drop towards 1.0735.

The EUR/USD pair had a slightly negative session during the course of the day on Friday, breaking below the 1.12 level at one point. Because of this, we feel that the Euro will continue to fall from here but there is a significant amount of noise just below. With that, it’s going to be a bit difficult to be involved in this market as the choppiness should continue to make things very difficult on traders overall.

The EUR/USD pair fell during the course of the week, testing the 1.11 handle. However, this is a market that still has plenty of support underneath it as well. Because of this, we have no real interest in selling this from a longer-term perspective. In the meantime, we feel that longer-term traders will simply have to sit on the sidelines and wait for more clarity.

We believe that a break above the 1.13 level should send this market looking for the 1.15 level though, and that it will more than likely happen given enough time. There will be a lot of confusion as to what the Federal Reserve is ready to do though, and that is probably one of the biggest drivers of why this market is so choppy at the moment. After all, the latest jobs number was in exactly thrilling, and the Federal Reserve hasn’t exactly been clear about what its intentions are. Yes, some of the members have suggested that a rate hike is coming, but the question is whether or not there’s going to be more than one.

Support moves to 1.1213, then 1.1146 with a break of 1.1105/1087 needed for a deeper slide to the mid-August low/78.6% retracement support at 1.1018/03, with potential trendline support showing now at 1.0896.

However, break of 1.1459 resistance will bring another rise through 1.1713 resistance instead. In the bigger picture, overall price actions from 1.6039 long term top is viewed as a corrective pattern with fall from 1.3993 as the third leg.

The EUR/USD pair went back and forth during the course of the week, as we continue to bounce between the 1.11 level on the bottom and the 1.13 level on the top. We also have an uptrend line just below though, so having said that we feel that buying pressure will continue to push the market higher. The 1.15 level above is resistance, and as a result we think that this market is going to continue to be far too tight for longer-term traders to be involved at this point.

EURUSD's downward movement from 1.1713 extended to as low as 1.0896. Further decline could be expected, and next target would be at 1.0600 area. Resistance is located at the downward trend line on daily chart, as long as the trend line resistance holds, the downtrend will continue.

The EUR/USD pair fell significantly during the course of the session on Tuesday, but there is an uptrend line just below that should continue to keep this market somewhat supported. With this, if we can break down below the uptrend line we would be sellers but until then have no interest in doing so.

The EUR/USD pair broke down during the course of the session on Wednesday, clearing the uptrend line to the downside that has been holding this market up at this point. However, we need to see a break down below the bottom of the range for the session on Wednesday in order to start selling. On the other hand though, if we bounce above the top of the range for the day on Wednesday that point in time we would be willing to start buying again. In the meantime though, we fully recognize that the sellers are in control.

Сonsidering bullish convergence condition in 4 hours MACD, break of 1.0762 resistance will indicate short term bottoming and bring stronger rebound.

The EUR/USD pair rose during the course of the session on Wednesday, slamming into the 1.10 level. There is a significant amount of noise just above though, so we are actually going to be very patient and wait into we break the 1.11 level in order to start buying. At that point in time, we would have to believe that the market would reach towards the 1.14 handle, and then eventually the 1.15 level. A break above the 1.15 level all but ensures that the trend has changed and its now time to start buying the Euro. The meantime though, if we get a resistant candle right here, it could offer a selling opportunity, but it is looking less and less likely.

Our preference: long positions above 1.0945 with targets @ 1.103 & 1.1075 in extension.Alternative scenario: below 1.0945 look for further downside with 1.0925 & 1.088 as targets.Comment: the RSI is well directed.

Having bounced off the resistance level (2/ , the pair continued to move down. It had stopped on the first level of support which is represented by the Weekly Supertrend line. But it is worth noting that this is not the strongest level in system, so in the near future we expected the second attempt of the price to approacj this mark, followed by its breakdown.

In case of further rebound, we'd expect strong resistance around 38.2% retracement of 1.3993 to 1.0461 at 1.1810 to limit upside and bring down trend resumption eventually. In the bigger picture, overall price actions from 1.6039 long term top is viewed as a corrective pattern with fall from 1.3993 as the third leg. Price actions from 1.0461 are viewed as correction to fall from 1.3993.

EUR/USD is currently trading with a bullish bias. During the previous trading bay, Euro traded long and even crossed and closed above the the upper resistive trend line forming top of the falling channel, Unless there is a clear break below this trend line, we will be long with our target at 1.105.

Intraday bias in EUR/USD remains on the upside for 100% projection of 1.0517 to 1.1059 from 1.0809 at at 1.1351 or even further to 161.8% projection at 1.1686. But still, current rise from 1.0517 is seen as the third leg of the pattern from 1.0461.

The EUR/USD pair broke higher during the course of the day on Thursday, as we have completely cleared the previous resistance barrier for the consolidation area. With that being the case, the market looks as if it is already starting to make up its mind, and that it should go much higher. Pullbacks at this point in time should be buying opportunities, as the 1.1050 level should now be an area where buyers return as it was so resistive previously. Keep in mind that today is Nonfarm Payroll Friday, so it’s likely that we will see quite a bit of volatility either way.

EURUSD's fall from 1.1376 extended to as low as 1.0911. Deeper decline to test 1.0700 support is possible next week, as long as this level holds, the fall could be treated as consolidation of the uptrend from 1.0517, another rise towards 1.2000 could be expected after consolidation.

EUR/USD's strong rebound last week suggests that pull back from 1.1376 has completed at 1.0821 already. Also, with 1.0809 support intact, larger rebound from 1.0517 is possibly still in progress. Initial bias stays on the upside this week and break of 1.1376 will target 1.1713 resistance and above.

EUR/USD's rise from 1.0821 extended higher last week and initial bias remains on the upside for 1.1376 this week. Break will resume the whole rebound from 1.0517 and target 100% projection of 1.0517 to 1.1376 from 1.0821 at 1.1680, which is close to 1.1713 resistance.

EURUSD remains well placed to tackle the February high at 1.1377. Above here lie the September and October highs at 1.1460/95. The market remains bid near term while above the 1.1141low from last week.