Tag Archives: EUR/JPY

Technician

EUR/USD: Momentum strongly pro-decline. Euro clearly oversold. Correction likely, closeness of 1.300 level increases the likelihood of this.

EUR/USD continues to move lower and is nowclose to its key support at 1.3105 (06/09/2013low).

Today’s highlights: EURUSD breaks to a new cycle low leaving the trend directly bearish to 1.3104, then our 1.3020/15 target.

EURUSD: With the Thu/Fri bounce occurring in a clear three wavecorrective manner a new trend low

The correction lower from the failed attempt at the $1.3220 level gathered steam Friday with the bearish close around

Today’s highlights: EURJPY is attempting to break its medium-term uptrend at 136.57.

EUR/USD remains weak as can be seen by thefailure to break the hourly resistance at 1.3220(25/08/2014 high).

EURUSD: Yesterday’s initial attempt higher stalled already at 1.3222,

The $1.3220 level basically confirmed its significance with the EUR/USD trading above by a pip before correcting back

EUR/USD was able to bounce of 2014 lows at1.3153 yet buying pressure is thin.

EUR/USD has finally managed something of a bounce from fresh 2014 and 11 month lows with minor layers of

EUR/USD made new lows yesterday,confirming persistent selling pressures.