[B]EUR/USD intraday: supported by a rising trend line.[/B]
Pivot: 1.3160.
Our preference: LONG positions above 1.316 with 1.325 & 1.33 in sight.
Alternative scenario: The downside penetration of 1.316 will call for a slide towards 1.31 & 1.3065.
Comment: the break above 1.316 is a positive signal that has opened a path to 1.325.
24 jul.bmp (832 KB)
[B] July 29 2013
EUR/USD intraday: bullish bias above 1.325 [/B]
Pivot: 1.3250.
Our preference: LONG positions above 1.325 with 1.33 & 1.337 as next targets.
Alternative scenario: The downside penetration of 1.325 will call for 1.321 & 1.3175.
Comment: the upside breakout of 1.325 maintains a bullish bias while the pair is trading in a Broadening Formation.
29 jul.bmp (763 KB)
July 31 2013
EUR/USD intraday: under pressure.
Pivot: 1.3300.
Our preference: SHORT positions @ 1.3285 with 1.3235 & 1.321 as next targets.
Alternative scenario: The upside breakout of 1.33 will open the way to 1.3335 & 1.337.
Comment: the pair stands below its strong resistance and remains under pressure.
[B]August 5, 2013
EUR/USD intraday: the bias remains bullish[/B]
Pivot: 1.3230.
Our preference: LONG positions above 1.323 with 1.33 & 1.3345 as next targets.
Alternative scenario: The downside penetration of 1.323 will call for a slide towards 1.3195 & 1.3175.
Comment: the pair stands above its new support and remains on the upside
August 6, 2013
EUR/USD intraday: bullish bias above 1.323
Pivot: 1.3230.
Our preference: LONG positions above 1.323 with 1.33 & 1.3345 in sight.
Alternative scenario: The downside breakout of 1.323 will open the way to 1.3195 & 1.3175.
Comment: the pair stands above its new support, the RSI is reversing up.
6 aug1.bmp (818 KB)
[B]7 August 2013
EUR/USD intraday: bullish bias above 1.3265[/B]
Pivot: 1.3265.
Our preference: LONG positions above 1.3265 with targets @ 1.3345 & 1.338.
Alternative scenario: The downside penetration of 1.3265 will call for a slide towards 1.323 & 1.3195.
Comment: the pair remains on the upside and is approaching its strong resistance.
[B]Monday, 12 August 2013
EUR/USD intraday: under pressure.[/B]
Pivot: 1.3365.
Our preference: SHORT positions @ 1.3355 with 1.329 & 1.326 in sight.
Alternative scenario: The upside breakout of 1.3365 will open the way to 1.339 & 1.3415.
Comment: the pair has broken below a rising trend line and remains under pressure.
[B]Tuesday, 13 August 2013[/B]
[B]EUR/USD intraday: under pressure.
Pivot: 1.3345.[/B]
Our preference: SHORT positions @ 1.3335 with targets @ 1.326 & 1.3225.
Alternative scenario: The upside penetration of 1.3345 will call for 1.3365 & 1.339.
Comment: the pair has broken below a rising trend line and remains under pressure.
[B]Wednesday, 14 Aug 2013
EUR/USD intraday: the downside prevails.[/B]
Pivot: 1.3285.
Our preference: SHORT positions @ 1.327 with targets @ 1.3225 & 1.319.
Alternative scenario: The upside penetration of 1.3285 will call for a rebound towards 1.3315 & 1.3345.
Comment: the pair stands below its resistance and should face further weakness as the RSI is badly directed.
[B]Monday, August 19, 2013
Everest Markets Daily Technical Reviews[/B]
EUR/USD intraday: key ST resistance at 1.3365
Pivot: 1.3365.
Our preference: SHORT positions @ 1.335 with 1.3305 & 1.327 as next targets.
Alternative scenario: The upside penetration of 1.3365 will call for a rebound towards 1.338 & 1.34.
Comment: the pair is rebounding on its support but should be capped by its next resistance.
I got a sell position @1.3341. Seem like moving side way now.
[B]Wednesday, August 21, 2013
Everest Markets Daily Technical Strategies Reviews[/B]
EUR/USD intraday: the upside prevails.
Pivot: 1.3365.
Our preference: LONG positions @ 1.338 with targets @ 1.345 & 1.349.
Alternative scenario: The downside breakout of 1.3365 will open the way to 1.3305 & 1.327.
Comment: the pair has broken above its resistance and remains on the upside.
[B]Thursday, August 22, 2013
Everest Markets Daily Technical Reviews[/B]
[B]EUR/USD intraday: under pressure.
Pivot: 1.3380.
Our preference: SHORT positions below 1.338 with 1.3305 & 1.327 as next targets.
Alternative scenario: The upside breakout of 1.338 will open the way to 1.341 & 1.345.
Comment: the pair is posting a rebound but stands below its resistance.
[/B]
22 aug 4.bmp (786 KB)
[B]Friday, August 23, 2013
Everest Markets Daily EUR/USD Pair Reviews[/B]
EUR/USD intraday: key ST resistance at 1.338 Next
Pivot: 1.3380.
Our preference: SHORT positions below 1.338 with 1.3295 & 1.327 in sight.
Alternative scenario: The upside penetration of 1.338 will call for a rebound towards 1.341 & 1.345.
Comment: the pair stands below its resistance and remains under pressure, the RSI is badly directed.
23 aug.bmp (810 KB)
[B]Tuesday, August 27, 2013
Everest Markets Daily Technical Reviews[/B]
EUR/USD intraday: the upside prevails.
Pivot: 1.3330.
Our preference: LONG positions above 1.333 with targets @ 1.341 & 1.345.
Alternative scenario: The downside breakout of 1.333 will open the way to 1.3295 & 1.327.
Comment: the pair stands above its support and remains on the upside.
27 aug 1.bmp (789 KB)
David, are you using analyses from FxPro? It looks pretty much same like theirs. Even wording is same.
Hi McQuak,
Thank you for the message. Our market analysis comes from Trading Central, who also provide daily news for other Forex brokers. You may go to our website to check out our daily updates.
Regards,
David Warren
Relationship Manager
Everest Markets
[B]Wednesday, August 28, 2013
EUR/USD intraday: the upside prevails. [/B]
Pivot: 1.3330.
Our preference: LONG positions above 1.333 with targets @ 1.341 & 1.345.
Alternative scenario: The downside penetration of 1.333 will call for a slide towards 1.3295 & 1.327.
Comment: the pair is facing a pull back ahead of further advance.
28 aug 1.bmp (782 KB)
[B]Thursday, August 29, 2013
Everest Markets Daily EUR/USD Pair Review[/B]
EUR/USD intraday: the downside prevails.
Pivot: 1.3360.
Our preference: SHORT positions below 1.336 with 1.3295 & 1.327 as next targets.
Alternative scenario: The upside penetration of 1.336 will call for a rebound towards 1.3375 & 1.341.
Comment: the pair stands below its resistance and remains under pressure, the RSI is badly directed.
29 aug.bmp (798 KB)
[B]Friday, August 30, 2013
Everest Markets Daily EUR/USD Pair Review[/B]
EUR/USD intraday: the downside prevails.
Pivot: 1.3280.
Our preference: SHORT positions below 1.328 with targets @ 1.321 & 1.3185.
Alternative scenario: The upside penetration of 1.328 will call for a rebound towards 1.3305 & 1.334.
Comment: the pair is posting a rebound but stands below its resistance.
30 aug 2.bmp (795 KB)
