Technical Analysis

Daily Technical Report

EUR/USD has thus far successfully tested the support at 1.1754,

EUR/USD still in range – watch both 1.1753 & 1.1871…

The lack of follow through following marginal fresh 2015 and 9 year lows Tuesday

AUD/USD continues to find support marginally below the 21-DMA

EUR/USD is bouncing. However, as long as the hourly resistances at 1.1897 and

The dollar stays in demand… EUR/USD outside 1.1762-1.1871 tells direction…

Sideways trading within a $1.1754-1.1898 range continues for the EUR/USD with

Friday’s bullish close resulted in further gains to start the new week before

EUR/USD: Momentum strongly pro-decline, but euro significantly oversold. Likelihood of correction increasing.

EUR/USD bounced on Friday. Hourly resistances can be found at 1.1897 and 1.1976.

EURUSD: After selling was halted at the support line the market has begun at

Friday’s bounce from ahead of recent 2015 and 9 year lows is a concern for