EURUSD tried to rally during yesterday session, but the market failed to hang onto the gains, and turned around moving lower showing a struggle around this area (1.3500 up to 1.3550).
Looks like is going to test the last swing low at 1.3490 or even test the lower support zone at 1.3476.
Is this break just a market noise before the data or it is an early reaction to what will happen in the next hour
By now we can see itâs definitely a break, next question is will it go further down in the coming days?
EURUSD broke down during yesterday session, slicing through the 1.3476 support with ease. That shows real weakness, and as a result the market should continue to go lower, probably heading to the 1.33 level, but today expect a narrow range day.
I agree with you 100% .
Yeah it might be a pause for traders to take their breath after strong week and half and Iâm with the continuous of the down trend until I can see a sign that reverse that
Totally agree, this pair is still bearish, prices are trading below the daily 20 SMA, the MACD is trading to the downside.
A break under yesterdayâs low which is the 1.3454 level should trigger selling, I would say.
EURUSD initially tried to rally during yesterday session, but turned back around and close lower towards the end of the day, forming a doji candle. The range was pretty small though, so it appears that the breakdown is slowing down.
eur/usd is in side by side today today up and down feel free to trade
I donât think its time to enter the market specially with this short range
After Markit Manufacturing PMI and Initial Jobless Claims, somehow this pair end up at daily opening point again yesterday.
EURUSD went back and forth during yesterday session, essentially settling with a wide range neutral candle. The market still looks a very weak and as a result and is taking a pause. We should see some more consolidation between 1.3437 and 1.3484.
The EUR canât find any support data keeps coming negative
Who knows what will happenâŚ
I thought eur/usd would be trapped between 1.3437 and 1.3475, a breakout of the support level may lead to normal bearish trend continuation.
Eur/usd has broken one of the important support today, will look to sell.
EUR/USD remains under pressure, break of the imporntant support at 1.3480 means thereâs free way to fall. All in all, the overall situation of the EUR/USD probably wonât change.
Gets the feeling that the only hope for the Eurozone is a weaker currency
good morning everyone i wish to all a good week