ForexPeoples Daily Technical Analysis for EURUSD

Jane Foley, Senior FX Strategist at Rabobank, joined Tip Tv and shared her observations on EUR/USD, USD and on the rate hike scenario in UK.
EUR/USD: Resilient – but why?
Foley believes that EUR/USD has stood supported despite Greece related headlines, only due to fall in risk appetite. The stock market scenario in China, the expected Fed rate hike plan and political issues globally have kept the risk appetite levels lower. EUR should be behaving like a decent funding currency, but all these political issues not giving much to the euro carry trade. Foley further comments that, even the emerging market currencies are up versus the EUR, which goes against the carry trade idea, and is supporting EUR/USD.

Daily Technical Analysis for EURUSD - by ForexPeoples.Com | Friday, July 31, 2015

The EURUSD is advisable to sell - but early sell if 1.0892 can be broken through from above. tcci 20 already red and supporting the downtrend. :slight_smile:

Regards.

Daily Technical Analysis for EURUSD - by ForexPeoples.Com | Monday, August 3, 2015

there could be a bullish upward movement in the EURUSD pair if tcci 20 at 1.1000 can be breached by the buyer later. :slight_smile:

Regards.

Daily Technical Analysis for EURUSD - by ForexPeoples.Com | Tuesday, August 4, 2015

will only continue if the so-called sideways movement continued weak EURUSD pair is between 1.0940 to 1.0995. ignore it first. :slight_smile:

Regards.

Daily Technical Analysis for EURUSD - by ForexPeoples.Com | Wednesday, August 5, 2015

for EURUSD pair still to downtrend. we could sell the demand tp near 1.0830. :slight_smile:

Regards.

Daily Technical Analysis for EURUSD - by ForexPeoples.Com | Thursday, August 6, 2015

we recommend buy in this EURUSD pair. The best buy is when the initial breakup upward price 1.0930. there stoploss below 1.0847. :slight_smile:

Regards.

Daily Technical Analysis for EURUSD - by ForexPeoples.Com | Friday, August 7, 2015

formation for EURUSD is to bullish despite weak. to be able to buy in this pair, be sure Fibo at 1.0942 can be broken by strong buyer later. :slight_smile:

Regards.

Daily Technical Analysis for EURUSD - by ForexPeoples.Com | Monday, August 10, 2015

very clear that the EURUSD is still strong could have the opportunity to continue bullish. ok buy when prices break above 1.0977. :slight_smile:

Regards.

Daily Technical Analysis for EURUSD - by ForexPeoples.Com | Tuesday, August 11, 2015

Nice to op buy in this EURUSD pair. initial buy when prices break above 1.1040. :slight_smile:

Regards.

Daily Technical Analysis for EURUSD - by ForexPeoples.Com | Wednesday, August 12, 2015

The EURUSD bullish trend is still strong. ok we will buy when prices break above the MA 50 - to the top of 1.1087. :slight_smile:

Regards.

Daily Technical Analysis for EURUSD - by ForexPeoples.Com | Thursday, August 13, 2015

correction to the down is probably going to happen in this EURUSD pair. note the strong Fibo near 1.1213. That level (1.1213) we can make it as a basis for the determination stoploss of our sell op then. :slight_smile:

Regards.

Daily Technical Analysis for EURUSD - by ForexPeoples.Com | Friday, August 14, 2015

the price is still sideways between 1.1079 to 1.1188. not nice to take a new op within that range in EURUSD - ignore. :slight_smile:

Regards.

Daily Technical Analysis for EURUSD - by ForexPeoples.Com | Monday, August 17, 2015

medium continues to down for EURUSD - good sell when prices break below 1.1097. :slight_smile:

Regards.

Daily Technical Analysis for EURUSD - by ForexPeoples.Com | Tuesday, August 18, 2015

Strong trend still down - we will be ok sell in EURUSD - before sell, then make sure the price can penetrate down to 1.1058 fibo. :slight_smile:

Regards.

Daily Technical Analysis for EURUSD - by ForexPeoples.Com | Wednesday, August 19, 2015

bearish trend could still continue in a strong Fibo 1.1016 - sell EURUSD if 1.1016 can be broken from the top. :slight_smile:

Regards.

Daily Technical Analysis for EURUSD - by ForexPeoples.Com | Thursday, August 20, 2015

Piercing Line Pattern candle in EURUSD yesterday, it clearly supports ok buy when prices break above 1.1133 fibo. :slight_smile:

Regards.

Daily Technical Analysis for EURUSD - by ForexPeoples.Com | Friday, August 21, 2015

Nice still continue to bullish on the EURUSD is because buyers have been able to break above 1.1244. :slight_smile:

Regards.

Daily Technical Analysis for EURUSD - by ForexPeoples.Com | Monday, August 24, 2015

buyer on EURUSD pair has successfully break above the 200 - the red line at 1.1326. this is clearly a good buy. :slight_smile:

Regards.

Daily Technical Analysis for EURUSD - by ForexPeoples.Com | Tuesday, August 25, 2015

could there will be a correction to down for EURUSD pair as long as the price movement is under the intraday high (below 1.1713). :slight_smile:

Regards.

Daily Technical Analysis for EURUSD - by ForexPeoples.Com | Wednesday, August 26, 2015

EURUSD is consolidated when the movement remains between 1.1396 to 1.1620. ignore. :slight_smile:

Regards.