Eur/Usd : 27/06/2014
Our Preference: Long positions above 1.3610 with target of 1.3650 & 1.3680 in extension
Alternative Scenario: Nill
Technical Commentary: In 4 hours chart and 1 hour chart Euro was trading above the Triangle pattern so we can buy Above the triangle pattern upto the next resistance level with stoploss below key support level of 1.3570.
Eur/Usd : 03/07/2014
Our Preference: Long positions above 1.3640 with target of 1.3700
Alternative Scenario: Sell below 1.3600 With tight Stoploss of 1.730 ( But Risky Entry )
Technical Commentary: In 4 hours chart and 1 hour chart Euro was trading Triangle pattern and w ehave key support level @ 1.3640 Levels, so today we can except future move on upper side to key resistance levels.
Eur/Usd : 03/07/2014
Our Preference: Long positions above 1.3640 with target of 1.3700
Alternative Scenario: Sell below 1.3600 With tight Stoploss of 1.730 ( But Risky Entry )
Technical Commentary: In 4 hours chart and 1 hour chart Euro was trading Triangle pattern and w ehave key support level @ 1.3640 Levels, so today we can except future move on upper side to key resistance levels.
Eur/Usd : 04/07/2014
Our Preference: Long positions above 1.3580 with target of 1.3620 & 1.3650 in extension
Alternative Scenario: Sell below 1.3620 ,target 1.3580 With tight Stoploss of 1.3650
Technical Commentary: In Weekly chart Euro was trading below last week High and key support levels,
In 4 hours chart and 1 hour chart, Yesterday Euro breaks the lower trend line and breaks the key support line now that support line was acting as resistance line ,so today we can except range bound trading between resistance and supports levels 1.3580 to 1.3650.
Eur/Usd : 08/07/2014
Our Preference: Long positions above 1.3580 with stoploss of 1.3520 and the target of 1.3700 & 1.3800 in extension
Alternative Scenario: Sell below 1.3520 With tight Stoploss of 1.3560 ( But Risky Entry )
Technical Commentary: In Weekly chart Euro was trading above last week High and key resistance,
In 4 hours chart and 1 hour chart Euro was trading above the key Support line which it act as before resistance line ,so today we can except future move on upper side to key resistance levels.
Eur/Usd : 08/07/2014
Our Preference: Long positions above 1.3580 with stoploss of 1.3520 and the target of 1.3700 & 1.3800 in extension
Alternative Scenario: Sell below 1.3520 With tight Stoploss of 1.3560 ( But Risky Entry )
Technical Commentary: In Weekly chart Euro was trading above last week High and key resistance,
In 4 hours chart and 1 hour chart Euro was trading above the key Support line which it act as before resistance line ,so today we can except future move on upper side to key resistance levels.
Eur/Usd : 09/07/2014
Our Preference: Long positions above 1.3600 with stoploss of 1.3540 and the target of 1.3660 & 1.3700 in extension
Alternative Scenario: Sell below 1.3520 With tight Stoploss of 1.3560 ( But Risky Entry ) better wait upto daily closing below 1.3520.
Technical Commentary: In 4 hours chart was trading above the key support level with support of lower trend line and 1 hour chart Euro was trading in Equi distance,so today we can except future move on upper side to key resistance levels.
Eur/Usd : 09/07/2014
Our Preference: Long positions above 1.3600 with stoploss of 1.3540 and the target of 1.3660 & 1.3700 in extension
Alternative Scenario: Sell below 1.3520 With tight Stoploss of 1.3560 ( But Risky Entry ) better wait upto daily closing below 1.3520.
Technical Commentary: In 4 hours chart was trading above the key support level with support of lower trend line and 1 hour chart Euro was trading in Equi distance,so today we can except future move on upper side to key resistance levels.
Eur/Usd : 09/07/2014
Our Preference: Long positions above 1.3600 with stoploss of 1.3540 and the target of 1.3660 & 1.3700 in extension
Alternative Scenario: Sell below 1.3520 With tight Stoploss of 1.3560 ( But Risky Entry ) better wait upto daily closing below 1.3520.
Technical Commentary: In 4 hours chart was trading above the key support level with support of lower trend line and 1 hour chart Euro was trading in Equi distance,so today we can except future move on upper side to key resistance levels.
Eur/Usd : 10/07/2014
Our Preference: Long positions above 1.3630 with stoploss of 1.3560 and the target of 1.3660 & 1.3700 in extension
Alternative Scenario: Sell below 1.3520 With tight Stoploss of 1.3560 ( But Risky Entry ) better wait upto daily closing below 1.3520.
Technical Commentary: In 4 hours chart was trading in Equi distance and In 1 hour chart Euro broken upper line on Equi distance,so today we can except future move on upper side to key resistance levels.
Eur/Usd : 10/07/2014
Our Preference: Long positions above 1.3630 with stoploss of 1.3560 and the target of 1.3660 & 1.3700 in extension
Alternative Scenario: Sell below 1.3520 With tight Stoploss of 1.3560 ( But Risky Entry ) better wait upto daily closing below 1.3520.
Technical Commentary: In 4 hours chart was trading in Equi distance and In 1 hour chart Euro broken upper line on Equi distance,so today we can except future move on upper side to key resistance levels.
Eur/Usd : 14/07/2014
Our Preference: Long positions above 1.3580 with stoploss of 1.3540 and the target of 1.3660 & 1.3700 in extension
Alternative Scenario: Nill.
Technical Commentary: In euro daily and euro 1 hour was trading in triangle pattern and In 4 hours euro was trading in Equi distance,so today we can except future move on upper side to key resistance levels.
Eur/Usd : 15/07/2014
Our Preference: Long positions above 1.3600 with stoploss of 1.3540 and the target of 1.3660 & 1.3700 in extension
Alternative Scenario: Nill.
Technical Commentary: In euro daily and euro 1 hour was trading in triangle pattern and In 4 hours euro was trading in Equi distance,yesterday it tested upper trend line and return back, so today we can except future move on upper side to key resistance levels.
Thanks for the great analysis.
Eur/Usd : 16/07/2014
Our Preference: Short below 1.3585 with stoploss of 1.3620 and the target of 1.3540.
Alternative Scenario: Nill.
Technical Commentary: Euro was broken triangle pattern and Equi distance on lower side so we can except lower side to key support level.
Eur/Usd : 22/07/2014
Our Preference: Long positions above 1.3500 with stoploss of 1.3470 and the target of 1.3540.
Alternative Scenario: Nill.
Technical Commentary: In 4 hours euro was trading in Equi distance channel lines and now it was trading in range bound between key resistance @ 1.3540 and key support level @ 1.3500 so today moves it will be the key resistance level and key support level.
Eur/Usd : 23/07/2014
Our Preference: Sell Below 1.3500 with stoploss of 1.3540 and the target of 1.3460 & 1.3420.
Alternative Scenario: Nill.
Technical Commentary: In 4 hours euro was broken the Equi distance channel lines on lower side and today its formed new Equi distant channel lines and yesterday euro was closed lower after 7 months, so today we can sell it @ key resistance level 1.3500.
[B]Eur/Usd : 24/07/2014
Our Preference: Sell Below 1.3500 with stoploss of 1.3540 and the target of 1.3430 & 1.3400.
Alternative Scenario: Nill.
Technical Commentary: In 4 hours euro was trading in the Equi distance channel lines and in 1 hour chart Triangle pattern was formed and today its was broken on lower side and intraday key support level also broken on lower side.
[/B]
Eur/Usd : 29/07/2014
Our Preference: Sell Below 1.3500 with stoploss of 1.3540 and the target of 1.3430 & 1.3400.
Alternative Scenario: Nill.
Technical Commentary: Last week Euro was broken key support level and short term Lower trend line and it closed lower, In daily euro chart was formed key resistance @ 1.3500 and 4 hours euro was trading in the Equi distance channel lines and 1 hour euro was trading below upper trend line and it was trading in range bound pattern.
Eur/Usd : 23/10/2014
Our Preference: Sell Below 1.2680 with stoploss of 1.2730 and the target of 1.2610.
Alternative Scenario: Nill.
Technical Commentary: Yesterday Triangle Pattern was broken on lower side so its confirming that on selling side, Today we can except to sell on higher resistance price level @ 1.2680
