AceTraderforex : Daily Market Outlook on Majors EUR/USD - InstaForex | Forex Forum | Forex world | InstaForex Forum
Instant Forex Trading

Welcome Guest ( Log In | )

2 Pages V  < 1 2  
Add Reply   New Topic
AceTraderforex : Daily Market Outlook on Majors EUR/USD
 Topic Options
 
acetraderforex
post Apr 15, 2015, 02:57 AM
Post #21
Honorary Member
****
Group: Members
Posts: 861
Joined: July 31, 2013
From: Hong Kong
Member No.: 22,154

post Apr 15, 2015, 02:57 AM
Post #21
smile.gif AceTraderFx Apr 15: Daily Recommendations on Major -EUR/USD


DAILY MARKET OUTLOOK on Major EUR/USD

Update Time: 15 Apr 2015 01:23 GMT

EUR/USD - 1.0635
Despite euro's rally from 1.0532 to as high as 1.0708 on Tuesday, subsequent retreat suggests the rebound from Monday's near 1-month trough at 1.0521 has possibly ended there and consolidation with downside bias would be seen, a break of 1.0611 (previous resistance) would confirm this view and yield weakness to 1.0558/60, then re-re-test of 1.0521 later.

On the upside, only above 1.0708 would bring stronger retracement of recent erratic decline from March's peak at 1.1062 to 1.0738 and then 1.0778.
Go to the top of the page
 
+Quote Post
 
 
acetraderforex
post Apr 16, 2015, 03:07 AM
Post #22
Honorary Member
****
Group: Members
Posts: 861
Joined: July 31, 2013
From: Hong Kong
Member No.: 22,154

post Apr 16, 2015, 03:07 AM
Post #22
smile.gif AceTraderFx Apr 16: Daily Recommendations on Major -EUR/USD


DAILY MARKET OUTLOOK on Major EUR/USD
DAILY MARKET OUTLOOK

Update Time: 16 Apr 2015 01:09 GMT

Euro's intra-day breach of Tuesday's high of 1.0708 to 1.0746 shortly after Asian open signals erratic rise from Monday's 4-week trough at 1.0521 has resumed and further gain to 1.0778-1.0789 would be seen.
However, reckon 1.0803 (previous sup, now resistance) would cap upside due to near term loss of momentum and yield retreat later.

On the downside, only a move back below 1.0664 (Wed's NY afternoon sup) would indicate a top is possibly made and shift risk to downside for weakness towards 1.0615/25.
Go to the top of the page
 
+Quote Post
 
 
acetraderforex
post Apr 17, 2015, 03:26 AM
Post #23
Honorary Member
****
Group: Members
Posts: 861
Joined: July 31, 2013
From: Hong Kong
Member No.: 22,154

post Apr 17, 2015, 03:26 AM
Post #23
smile.gif AceTraderFx Apr 17: Daily Recommendations on Major -EUR/USD


DAILY MARKET OUTLOOK on Major EUR/USD
Update Time: 17 Apr 2015 01:20 GMT

EUR/USD - 1.0775
Euro's rally above Wednesdays high of 1.0747 to 1.0818 yesterday signals erratic rise from Monday's 4-week trough at 1.0521 to retrace the entire fall from March's peak at 1.1062 has resumed and further gain to 1.0855 (61.8% r of 1.1062-1.0521) would be seen.
However, near term overbought condition should prevent sharp move beyond there today and risk has increased for a strong retreat later.

On the downside, only a daily close below 1.0685 (yesterday's New York morning support) would indicate a top is possibly made and shift risk to downside for weakness towards 1.0615/25.
Go to the top of the page
 
+Quote Post
 
 
acetraderforex
post Apr 20, 2015, 02:59 AM
Post #24
Honorary Member
****
Group: Members
Posts: 861
Joined: July 31, 2013
From: Hong Kong
Member No.: 22,154

post Apr 20, 2015, 02:59 AM
Post #24
smile.gif AceTraderFx Apr 20: Daily Recommendations on Major -EUR/USD


DAILY MARKET OUTLOOK on Major EUR/USD
Update Time: 20 Apr 2015 01:17 GMT

EUR/USD - 1.0811
Despite euro's retreat after extending last week's upmove from 1.0521 (Monday) to 1.0849 Friday, subsequent rebound from 1.0734 in New York.
This suggests pullback has ended there and consolidation with upside bias remains, above said resistance anytime would bring stronger retracement of decline from March's peak at 1.1062 towards 1.0890/00.

On the downside, only a daily close below 1.0734 would indicate a top is possibly made and shift risk to downside for weakness towards 1.0685 and then 1.0640/50.
Go to the top of the page
 
+Quote Post
 
 
acetraderforex
post Apr 21, 2015, 02:37 AM
Post #25
Honorary Member
****
Group: Members
Posts: 861
Joined: July 31, 2013
From: Hong Kong
Member No.: 22,154

post Apr 21, 2015, 02:37 AM
Post #25
smile.gif AceTraderFx Apr 21: Daily Recommendations on Major -EUR/USD


DAILY MARKET OUTLOOK on Major EUR/USD
Update Time: 21 Apr 2015 01:22 GMT

EUR/USD - 1.0742
Despite euro's retreat after extending erratic rise from last Monday's 4-week trough at 1.0521 to 1.0849 Friday, as this move signals decline from March's peak at 1.1062 has formed a temporary low there, choppy trading with mild upside bias remains.
Reckon 1.0680/85 would contain weakness and yield rebound later.

Above 1.0805 (Monday's top in Europe) signals pullback over and bring another leg of correction to re-test 1.0849, break, 1.0880/90.
Go to the top of the page
 
+Quote Post
 
 
acetraderforex
post Sep 7, 2015, 03:13 AM
Post #26
Honorary Member
****
Group: Members
Posts: 861
Joined: July 31, 2013
From: Hong Kong
Member No.: 22,154

post Sep 7, 2015, 03:13 AM
Post #26
smile.gif AceTraderFx Sept 7: Daily Recommendations on Major -EUR/USD


DAILY MARKET OUTLOOK
Update Time: 07 Sep 2015 01:29 GMT

EUR/USD - 1.1160
Despite the greenback's rally to 121.74 last Friday, intra-day sharp retreat suggests the 1st leg of correction from last Monday's low at 116.15 has possibly ended there and consolidation with downside bias would be seen for weakness towards 118.92.
However, steep fall below there is unlikely to be seen today and reckon aforesaid support should remain intact and yield a rebound later.

On the upside, only above resistance at 120.92 would indicate above mentioned pullback has ended and turn outlook bullish for a re-test of 121.74.
Go to the top of the page
 
+Quote Post
 


        1 User(s) are reading this topic (1 Guests and 0 Anonymous Users)
0 Members:

 

Lo-Fi Version   Partnership with InstaForex   Open account in InstaForex   Support InstaForex Time is now: 28th March 2024 - 06:05 PM