EURUSD daily trend

The secondary trend of EUR/USD is bearish on charts. In its daily chart, the pair is sustaining below the trend line and is consolidating at lower levels. Price is sustaining below 200 day SMA indicating the bearish trend in the pair. It is having an important resistance at the level of 1.1280 and support at the level of 1.0890. If it breaks its support level and sustains below it then we can expect it to show further bearish movement in the pair.


INDICATORS:-
MACD is sustaining in its negative territory supporting the upcoming bearish trend in the pair.
RSI is also sustaining in its selling zone indicating the upcoming bearish trend in the pair.

STRATEGY: EUR/USD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions.

The EURUSD confirmed a mixed closing last night managing however to remain above the 1,10 level. The pair is still interior the negative outside day with 1,1110 – 1,0885 still the levels to follow. Only a daily closing above 1,1110 will support higher levels.
However, while below the 200 days line at 1,1111 the pair will remain under pressure!!
The indicators of the daily chart are still well negative for now while those of the s/t charts are instead still showing a mixed picture supporting further consolidation/ correction. Only an hourly closing above 1,1075 will favour a higher retracement suggesting a 1,11 overshooting!!
I stay still on the sideline waiting for higher levels to sell!!

TODAYS’ ANALYSIS

The secondary trend of EUR/USD is bullish on charts and price is trading above the trend line in its hourly chart. In hourly chart the price is sustaining above 50 day SMA and taking support of 200 day SMA indicating uptrend of the pair.
Resistance level of 1.1010 and Support level of 1.0850
If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.



INDICATORS:-
RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair.

STRATEGY: EUR/USD is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.

EURUSD THIS WEEK

The secondary trend of EUR/USD is bullish on charts and price is trading above the trend line in its daily chart. In daily chart the price is sustaining above 200 day SMA and is taking support of 50 day SMA indicating uptrend of the pair.
Resistance level of 1.1440 and Support level of 1.1290
If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.



INDICATORS:-
RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair.

STRATEGY: EUR/USD is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.

EURUSD BEARISH THIS WEEK

The primary trend of EUR/USD is bearish on charts and price is trading below the trend line in its daily chart. In daily chart the price is sustaining above 200 day SMA and taking resistance of 50 day SMA on the downside indicating downtrend of the pair.
Resistance level of 1.1375 and Support level of 1.1280
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.


INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.

STRATEGY: EUR/USD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.

EURUSD BEARISH

The primary trend of EUR/USD is bearish on charts and price is trading above the trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining below 200 day SMA and taking resistance of 50 day SMA on the downside indicating downtrend of the pair.
Resistance level of 1.1215 and Support level of 1.1130
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.



INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.

STRATEGY: EUR/USD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.

EURUSD

The primary trend of EUR/USD is bearish on charts and price is trading below the trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining below 200 day SMA and taking resistance of 50 day SMA on the downside indicating downtrend of the pair.
Resistance level of 1.1156 and Support level of 1.1100
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.



INDICATORS:-
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.

STRATEGY: EUR/USD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.

The primary trend of EUR/USD is bearish on charts and price is trading below the trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining below 200 day SMA and taking resistance of 50 day SMA on the downside indicating downtrend of the pair.
Resistance level of 1.1160 and Support level of 1.1100
Also market is ready to break its support trend line that are appear on above image. If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.



INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.

STRATEGY: EUR/USD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.

EURUSD BEARISH

The primary trend of EUR/USD is bearish on charts and price is trading below its support trend line in its 4 hourly chart. In its 4 hourly chart the price is sustaining below 100day SMA that are appears on the above image indicating downtrend of the pair.
Resistance level of 1.1250 and Support level of 1.1180
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.



INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming negative trend in the pair.

STRATEGY: EUR/USD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.

EURUSD BEARISH

The EURUSD pair bounced slightly during the course of the day on Wednesday, using the 1.1030 level as support. At this point in time, the market is looking bearish. The primary trend of EURUSD is bearish on charts and price is trading below its support trend line in its 1 hourly chart. In its 1 hourly chart the price is sustaining below 200 day SMA that are appears on the above image indicating downtrend of the pair.
Resistance level of 1.1190 and Support at level of 1.1030
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.



INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming negative trend in the pair.

STRATEGY: EURUSD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.


Bouncing on support? Maybe see 1.1280?

EURUSD

The EURUSD pair bounced slightly during the course of the day on Wednesday, using the 1.1080 level as support. At this point in time, the market is looking bearish. The primary trend of EURUSD is bearish on charts and price is trading below its support trend line in its 1 hourly chart. In its daily chart the price is sustaining below 200 day SMA that are appears on the above image indicating downtrend of the pair.
Resistance level 1.1190 and Support level of 1.1080
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.



INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming negative trend in the pair.

STRATEGY: EURUSD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.

EURUSD BEARISH

The EURUSD pair bounced slightly during the course of the day on Thursday, using the 1.1022 level as support. At this point in time, the market is looking bearish. The primary trend of EURUSD is bearish on charts and price is trading below its support trend line in its 1 hourly chart. In its daily chart the price is sustaining below 200 day SMA that are appears on the above image indicating downtrend of the pair.
Resistance level 1.1160 and Support level 1.1022
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.



INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming negative trend in the pair.

STRATEGY: EURUSD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.

EURUSD BEARISH

The EURUSD pair bounced slightly during the course of the day on Wednesday, using the 1.1026 level as support. At this point in time, the market is looking bearish. The primary trend of EURUSD is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 50 day SMA that are appears on the above image indicating downtrend of the pair.
Resistance level 1.1128 Support level 1.1073
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.



INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming negative trend in the pair.

STRATEGY: EURUSD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.

EURUSD has been on a bit of down trend but good job results might turn around things.

EURUSD

The EURUSD pair bounced slightly during the course of the day on Tuesday, using the 1.1115 level as support. At this point in time, the market is looking bullish. The primary trend of EURUSD is bullish on charts and price is trading below its Resistance trend line in its 1 hourly chart. In its daily chart the price is sustaining above 100 day SMA that are appears on the above image indicating uptrend of the pair.
Resistance level 1.1571 Support level 1.1115
If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.



INDICATORS:-
MACD is sustaining in its positive territory indicating the bullish trend in the pair.
RSI is sustaining in its buying zone indicating the upcoming positive trend in the pair.

STRATEGY: EURUSD is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.