AceTraderForex Apr 22: Daily Market Outllook on Major -EUR/USD - Page 3
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  1. #21

    Smile AceTraderFx Mar 16: Daily Recommendations on Major -EUR/USD

    DAILY MARKET OUTLOOK ON MAJOR EUR/USD

    Update Time: 16 Mar 2015 01:20 GMT
    EUR/USD - 1.0515

    Despite euro's intra-day fall below Friday's fresh 12-year trough at 1.0462 to 1.0457 (Reuters) in New Zealand, subsequent intra-day rebound suggests choppy trading would be seen in Asia.
    However, reckon 1.0566 (previous sup, now resistance) would cap upside and bearishness remains for another decline later, below 1.0457 would extend weakness to 1.0436 and then 1.0400.

    On the upside, only a daily close above 1.0636 would indicate a temporary low is made and yield retracement towards 1.0684 (last Thursday's high).
    Last edited by AceTraderForex; 01-11-2016 at 09:37 PM.

  2. #22

    Smile AceTraderFx Mar 17: Daily Recommendations on Major -EUR/USD

    DAILY MARKET OUTLOOK
    Update Time: 17 Mar 2015 01:13 GMT

    EUR/USD - 1.0555
    Despite euro's initial fall below Friday's fresh 12-year trough at 1.0462 to 1.0457 (Reuters) in yesterday's New Zealand, subsequent intra-day rally to 1.0620 (New York) signals recent strong downtrend has 'finally' made a temporary low there and stronger retracement towards chart objective at 1.0684 is likely before prospect of a retreat.

    On the downside, only below 1.0498 (yesterday's European morning support) would indicate correction is over instead and bring subsequent weakness towards 1.0457.
    Last edited by AceTraderForex; 01-11-2016 at 09:37 PM.

  3. #23

    Smile AceTraderFx Mar 18: Daily Recommendations on Major -EUR/USD

    [IMG]http://www.trendsetter-group.co
    m/PubImages/Flag/flag_major_eur.gif[/IMG] DAILY MARKET OUTLOOK on Major EUR/USD
    Update Time: 18 Mar 2015 00:57 GMT

    EUR/USD - 1.0606

    Despite euro's rally from Monday's fresh 12-year trough at 1.0457 to as high as 1.0651 yesterday, subsequent intra-day retreat to 1.0584 in New York suggests 1st leg of correction has ended there and choppy trading with mild downside bias remains.
    Below 1.0584 would bring weakness to 1.0551 (yesterday's low in Asia) but support at 1.0498 should remain intact.

    On the upside, only above 1.0651 would yield stronger retracement of recent strong downtrend to 1.0684 but reckon resistance at 1.0717 would remain intact.
    Last edited by AceTraderForex; 01-11-2016 at 09:37 PM.

  4. #24

    Smile AceTraderFx Mar 20: Daily Recommendations on Major -EUR/USD

    DAILY MARKET OUTLOOK on Major EUR/USD

    Update Time: 20 Mar 2015 00:48 GMT

    EUR/USD - 1.0663

    Despite euro's rally from 1.0580 to as high as 1.1062 Wednesday, renewed broad-based strength in greenback pressured price sharply from there and the single currency tumbled to 1.0613 in yesterday New York.
    This is suggesting the said correction has ended and choppy trading with downside bias would be seen.

    Looking ahead, a daily close below 1.0551 support would confirm this view and bring re-test of the said temporary low later this month.

    On the upside, only above 1.0820 (previous support) would prolong choppy trading but reckon resistance at 1.0920 would remain intact.
    Last edited by AceTraderForex; 01-11-2016 at 09:37 PM.

  5. #25

    Smile AceTraderFx Mar 23: Daily Recommendations on Major -EUR/USD

    DAILY MARKET OUTLOOK on Major EUR/USD
    Update Time: 23 Mar 2015 01:06 GMT
    EUR/USD - 1.0815

    Euro's rally from last Thursday's low at 1.0613 to as high as 1.0882 last Friday signals correction from last Wednesday fresh 2-week peak at 1.1062 has ended there earlier and consolidation with upside bias remains.
    A daily close above 1.0920 would encourage for gain towards 1.1000 but said temporary is likely to hold this week.

    Looking ahead, only above 1.1062 would extend erratic up move from last Monday's fresh 12-year trough at 1.0457 towards 1.1140/50.

    On the downside, below 1.0695 would prolong choppy trading but above mentioned support at 1.0613 should remain intact.
    Last edited by AceTraderForex; 01-12-2016 at 11:54 PM.

  6. #26

    Smile AceTraderFx Mar 24: Daily Recommendations on Major -EUR/USD

    DAILY MARKET OUTLOOK on Major EUR/USD
    Update Time: 24 Mar 2015 01:12 GMT

    EUR/USD - 1.0936

    Euro's rally from last Thursday's low at 1.0613 to as high as 1.0972 yesterday signals correction from last Wednesday fresh 2-week peak at 1.1062 has ended there earlier and consolidation with upside bias remains.
    Looking ahead, above 1.1062 is needed to extend erratic up move from last Monday's fresh 12-year trough at 1.0457 towards 1.1140/50.

    On the downside, below 1.0882 (Friday's high, now support) would prolong choppy trading but reckon 1.0834 would contain pullback.
    Last edited by AceTraderForex; 01-12-2016 at 11:54 PM.

  7. #27

    Smile AceTraderFx Mar 25: Daily Recommendations on Major -EUR/USD

    DAILY MARKET OUTLOOK EUR/USD

    Update Time: 25 Mar 2015 01:11 GMT

    Although euro's rally from last Thursday's low at 1.0613 to as high as 1.1029 yesterday signals correction from last Wednesday fresh 2-week peak at 1.1062 has ended there earlier, subsequent intra-day sell off to 1.0891 in New York suggests further choppy trading would be seen and near term downside bias is seen for weakness towards 1.0820/30.
    However, reckon sup at 1.0767 would hold and bring rebound later.

    Looking ahead, above 1.1062 is needed to extend erratic upmove from last Monday's fresh 12-year trough at 1.0457 towards 1.1140/50.
    Last edited by AceTraderForex; 01-12-2016 at 11:54 PM.

  8. #28

    Smile AceTraderFx Mar 26: Daily Recommendations on Major -EUR/USD

    DAILY MARKET OUTLOOK on Major EUR/USD

    Update Time: 26 Mar 2015 01:13 GMT

    Although euro's rally from last Thursday's low at 1.0613 to as high as 1.1029 Tuesday signals correction from last Wednesday fresh 2-week peak at 1.1062 has ended there earlier and despite subsequent sell off to 1.0891.
    Yesterday's rebound to 1.1014 suggests consolidation with upside bias remains but only above 1.1062 would extend erratic upmove from last Monday's fresh 12-year trough at 1.0457 towards 1.1140/50.

    Below 1.0890 would indicate a temporary top is made and shift risk to downside for weakness to 1.0834 but support at 1.0767 should remain intact.
    Last edited by AceTraderForex; 01-12-2016 at 11:54 PM.

  9. #29

    Smile AceTraderFx Mar 27: Daily Recommendations on Major -EUR/USD

    DAILY MARKET OUTLOOK on Major EUR/USD

    Update Time: 27 Mar 2015 01:05 GMT

    Despite euro's rally to 1.1052 in Europe yesterday, price retreat after being capped below last Wednesday's post-FOMC high at 1.1062 and then tumbled to 1.0856 in New York.
    This suggests further choppy trading inside recent broad range of 1.1062-1.0613 would continue and consolidation with downside bias is seen for weakness towards 1.0830/40 before prospect of a rebound.

    On the upside, only above 1.0940/50 would indicate a low is possibly made and bring gain towards 1.1000.
    Last edited by AceTraderForex; 01-12-2016 at 11:54 PM.

  10. #30

    Smile AceTraderFx Mar 31: Daily Recommendations on Major -EUR/USD

    DAILY MARKET OUTLOOK on Major EUR/USD
    Update Time: 31 Mar 2015 01:39 GMT

    EUR/USD
    - 1.0822

    Yesterday's erratic decline to 1.0810 due to renewed market concerns over Greek debt suggests euro's early rebound from last Friday's 1.0801 low, although strong, had ended at 1.0949 and decline from last week's peak at 1.1052 (Thursday) would resume towards chart objective at 1.0767 after consolidation.

    However, loss of downward momentum should keep price above 1.0742/46 and risk has increased for a retracement of aforesaid fall later today or tomorrow.

    On the upside, a firm rise above Monday's European high would be the 1st signal a low is in place and risk gain to 1.0910/20 and then later towards 1.0949.
    Last edited by AceTraderForex; 01-12-2016 at 11:55 PM.

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