Daily Pivots: (S1) 1.2129; (P) 1.2149; (R1) 1.2172; More….

Intraday bias in EUR/USD remains on the upside for retesting 1.2348 high. Firm break there will resume the up trend from 1.0635, for 1.2555 key long term resistance zone next. On the downside, break of 1.2050 support is needed to indicate short term topping. Otherwise, outlook will stay bullish in case of retreat.

In the bigger picture, rise from 1.0635 is seen as the third leg of the pattern from 1.0339 (2017 low). Further rally could be seen to cluster resistance at 1.2555 next, (38.2% retracement of 1.6039 to 1.0339 at 1.2516). This will remain the favored case as long as 1.1602 support holds. Reaction from 1.2555 should reveal underlying long term momentum in the pair.

Daily Pivots: (S1) 1.2129; (P) 1.2149; (R1) 1.2172; More….

EUR/USD’s rise from 1.1703 resumes today by breaking 1.2181. Intraday bias is back on the upside for retesting 1.2348 high. Decisive break there will resume the up trend from 1.0635, for 1.2555 key long term resistance zone next. On the downside, break of 1.2050 support is needed to indicate short term topping. Otherwise, outlook will stay bullish in case of retreat.

In the bigger picture, rise from 1.0635 is seen as the third leg of the pattern from 1.0339 (2017 low). Further rally could be seen to cluster resistance at 1.2555 next, (38.2% retracement of 1.6039 to 1.0339 at 1.2516). This will remain the favored case as long as 1.1602 support holds. Reaction from 1.2555 should reveal underlying long term momentum in the pair.

Daily Pivots: (S1) 1.2094; (P) 1.2121; (R1) 1.2171; More….

EUR/USD is staying in consolidation from 1.2181 and intraday bias remains neutral first. Further rise is expected with 1.1985 support intact. On the upside, break of 1.2181 will resume the rise from 1.1703 to 1.2242/2348 resistance zone. Decisive break there will resume larger up trend for 1.2555 key resistance zone next.

In the bigger picture, rise from 1.0635 is seen as the third leg of the pattern from 1.0339 (2017 low). Further rally could be seen to cluster resistance at 1.2555 next, (38.2% retracement of 1.6039 to 1.0339 at 1.2516). This will remain the favored case as long as 1.1602 support holds. Reaction from 1.2555 should reveal underlying long term momentum in the pair.

Daily Pivots: (S1) 1.2094; (P) 1.2121; (R1) 1.2171; More….

Intraday bias in EUR/USD remains neutral for the moment and some more consolidations could be seen below 1.2181. Further rise is expected with 1.1985 support intact. On the upside, break of 1.2181 will resume the rise from 1.1703 to 1.2242/2348 resistance zone. Decisive break there will resume larger up trend for 1.2555 key resistance zone next.

In the bigger picture, rise from 1.0635 is seen as the third leg of the pattern from 1.0339 (2017 low). Further rally could be seen to cluster resistance at 1.2555 next, (38.2% retracement of 1.6039 to 1.0339 at 1.2516). This will remain the favored case as long as 1.1602 support holds. Reaction from 1.2555 should reveal underlying long term momentum in the pair.

EUR/USD edged higher to 1.2181 last week but retreated. Though, downside was contained well above 1.1985 support. Initial bias remains neutral this week first and further rally is expected. On the upside, break of 1.2181 will resume the rise from 1.1703 to 1.2242/2348 resistance zone. Decisive break there will resume larger up trend for 1.2555 key resistance zone next.

In the bigger picture, rise from 1.0635 is seen as the third leg of the pattern from 1.0339 (2017 low). Further rally could be seen to cluster resistance at 1.2555 next, (38.2% retracement of 1.6039 to 1.0339 at 1.2516). This will remain the favored case as long as 1.1602 support holds. Reaction from 1.2555 should reveal underlying long term momentum in the pair.

In the long term picture, the case of long term bullish reversal continues to build up, with bullish convergence condition in monthly MACD, sustained trading above 55 month EMA and long trend falling trend line. Focus is now on 1.2555 cluster resistance (38.2% retracement of 1.6039 to 1.0339 at 1.2516 ). Decisive break there will confirm and target 61.8% retracement at 1.3862 and above.

Daily Pivots: (S1) 1.2053; (P) 1.2079; (R1) 1.2107; More….

EUR/USD recovers today but stays below 1.2181 temporary top. Intraday bias remains neutral and more consolidations could be seen. But further rise is expected with 1.1985 support intact. On the upside, break of 1.2181 will resume the rally from 1.1703 for retesting 1.2242/2348 resistance zone. Decisive break there will resume larger up trend for 1.2555 key resistance zone next.

In the bigger picture, rise from 1.0635 is seen as the third leg of the pattern from 1.0339 (2017 low). Further rally could be seen to cluster resistance at 1.2555 next, (38.2% retracement of 1.6039 to 1.0339 at 1.2516). This will remain the favored case as long as 1.1602 support holds. Reaction from 1.2555 should reveal underlying long term momentum in the pair.

Daily Pivots: (S1) 1.2053; (P) 1.2079; (R1) 1.2107; More….

EUR/USD is staying in consolidation from 1.2181 and intraday bias remains neutral. Further rise is expected with 1.1985 support intact. On the upside, break of 1.2181 will resume the rally from 1.1703 for retesting 1.2242/2348 resistance zone. Decisive break there will resume larger up trend for 1.2555 key resistance zone next.

In the bigger picture, rise from 1.0635 is seen as the third leg of the pattern from 1.0339 (2017 low). Further rally could be seen to cluster resistance at 1.2555 next, (38.2% retracement of 1.6039 to 1.0339 at 1.2516). This will remain the favored case as long as 1.1602 support holds. Reaction from 1.2555 should reveal underlying long term momentum in the pair.

Daily Pivots: (S1) 1.2042; (P) 1.2097; (R1) 1.2128; More….

Intraday bias in EUR/USD remains neutral first and consolidation from 1.2181 could extend further. But further rise is expected with 1.1985 support intact. On the upside, break of 1.2181 will resume the rally from 1.1703 for retesting 1.2242/2348 resistance zone. Decisive break there will resume larger up trend for 1.2555 key resistance zone next.

In the bigger picture, rise from 1.0635 is seen as the third leg of the pattern from 1.0339 (2017 low). Further rally could be seen to cluster resistance at 1.2555 next, (38.2% retracement of 1.6039 to 1.0339 at 1.2516). This will remain the favored case as long as 1.1602 support holds. Reaction from 1.2555 should reveal underlying long term momentum in the pair.

Daily Pivots: (S1) 1.2042; (P) 1.2097; (R1) 1.2128; More….

EUR/USD is staying in consolidation from 1.2181 and intraday bias remains neutral first. Further rise is expected with 1.1985 support intact. On the upside, break of 1.2181 will resume the rally from 1.1703 for retesting 1.2242/2348 resistance zone. Decisive break there will resume larger up trend for 1.2555 key resistance zone next.

In the bigger picture, rise from 1.0635 is seen as the third leg of the pattern from 1.0339 (2017 low). Further rally could be seen to cluster resistance at 1.2555 next, (38.2% retracement of 1.6039 to 1.0339 at 1.2516). This will remain the favored case as long as 1.1602 support holds. Reaction from 1.2555 should reveal underlying long term momentum in the pair.

Daily Pivots: (S1) 1.2120; (P) 1.2151; (R1) 1.2178; More….

Intraday bias in EUR/USD remains neutral first as consolidation from 1.2181 might extend further. Still, downside should be contained by 1.1985 support to bring another rise. On the upside, break of 1.2181 will resume the rally from 1.1703 for retesting 1.2242/2348 resistance zone. Decisive break there will resume larger up trend for 1.2555 key resistance zone next.

In the bigger picture, rise from 1.0635 is seen as the third leg of the pattern from 1.0339 (2017 low). Further rally could be seen to cluster resistance at 1.2555 next, (38.2% retracement of 1.6039 to 1.0339 at 1.2516). This will remain the favored case as long as 1.1602 support holds. Reaction from 1.2555 should reveal underlying long term momentum in the pair.

Daily Pivots: (S1) 1.2120; (P) 1.2151; (R1) 1.2178; More….

EUR/USD edged higher to 1.2181 but quickly retreated. Intraday bias remains neutral first and some more consolidation could be seen. Downside should be contained by 1.1985 support to bring another rise. On the upside, break of 1.2181 will resume the rally from 1.1703 for retesting 1.2242/2348 resistance zone. Decisive break there will resume larger up trend for 1.2555 key resistance zone next.

In the bigger picture, rise from 1.0635 is seen as the third leg of the pattern from 1.0339 (2017 low). Further rally could be seen to cluster resistance at 1.2555 next, (38.2% retracement of 1.6039 to 1.0339 at 1.2516). This will remain the favored case as long as 1.1602 support holds. Reaction from 1.2555 should reveal underlying long term momentum in the pair.

Daily Pivots: (S1) 1.2111; (P) 1.2145; (R1) 1.2161; More….

Intraday bias in EUR/USD remains neutral for consolidation below 1.2177 temporary top. Downside should be contained by 1.1985 support to bring another rise. On the upside, break of 1.2177 will resume the rally from 1.1703 for retesting 1.2242/2348 resistance zone. Decisive break there will resume larger up trend for 1.2555 key resistance zone next.

In the bigger picture, rise from 1.0635 is seen as the third leg of the pattern from 1.0339 (2017 low). Further rally could be seen to cluster resistance at 1.2555 next, (38.2% retracement of 1.6039 to 1.0339 at 1.2516). This will remain the favored case as long as 1.1602 support holds. Reaction from 1.2555 should reveal underlying long term momentum in the pair.

Daily Pivots: (S1) 1.2111; (P) 1.2145; (R1) 1.2161; More….

A temporary top is in place at 1.2177 and intraday bias is turned neutral for some consolidations first. But outlook will remain cautiously bullish as long as 1.1985 support holds. On the upside, above 1.2177 will target a test on 1.2242/2348 resistance zone. Decisive break there will resume larger up trend for 1.2555 key resistance zone next.

In the bigger picture, rise from 1.0635 is seen as the third leg of the pattern from 1.0339 (2017 low). Further rally could be seen to cluster resistance at 1.2555 next, (38.2% retracement of 1.6039 to 1.0339 at 1.2516). This will remain the favored case as long as 1.1602 support holds. Reaction from 1.2555 should reveal underlying long term momentum in the pair.

Daily Pivots: (S1) 1.2087; (P) 1.2129; (R1) 1.2205; More….

Intraday bias in EUR/USD stays on the upside at this point. Rise from 1.1703 should now target a test on 1.2242/2348 resistance zone. Decisive break there will resume larger up trend for 1.2555 key resistance zone next. On the downside, break of 1.1985 support is needed to indicate completion of the rally from 1.1703. Otherwise, outlook will remain cautiously bullish in case of retreat.

In the bigger picture, rise from 1.0635 is seen as the third leg of the pattern from 1.0339 (2017 low). Further rally could be seen to cluster resistance at 1.2555 next, (38.2% retracement of 1.6039 to 1.0339 at 1.2516). This will remain the favored case as long as 1.1602 support holds. Reaction from 1.2555 should reveal underlying long term momentum in the pair.

Daily Pivots: (S1) 1.2087; (P) 1.2129; (R1) 1.2205; More….

Intraday bias in EUR/USD remains on the upside for the moment. Rise from 1.1703 should now target a test on 1.2242/2348 resistance zone. Decisive break there will resume larger up trend for 1.2555 key resistance zone next. On the downside, break of 1.1985 support is needed to indicate completion of the rally from 1.1703. Otherwise, outlook will remain cautiously bullish in case of retreat.

In the bigger picture, rise from 1.0635 is seen as the third leg of the pattern from 1.0339 (2017 low). Further rally could be seen to cluster resistance at 1.2555 next, (38.2% retracement of 1.6039 to 1.0339 at 1.2516). This will remain the favored case as long as 1.1602 support holds. Reaction from 1.2555 should reveal underlying long term momentum in the pair.

EUR/USD’s rise from 1.1703 resumed last week by taking out 1.2149 resistance. Initial bias stays on the upside this week for retesting 1.2242/2348 resistance zone. Decisive break there will resume larger up trend for 1.2555 key resistance zone next. On the downside, break of 1.1985 support is needed to indicate completion of the rally from 1.1703. Otherwise, outlook will remain cautiously bullish in case of retreat.

In the bigger picture, rise from 1.0635 is seen as the third leg of the pattern from 1.0339 (2017 low). Further rally could be seen to cluster resistance at 1.2555 next, (38.2% retracement of 1.6039 to 1.0339 at 1.2516). This will remain the favored case as long as 1.1602 support holds. Reaction from 1.2555 should reveal underlying long term momentum in the pair.

In the long term picture, the case of long term bullish reversal continues to build up, with bullish convergence condition in monthly MACD, sustained trading above 55 month EMA and long trend falling trend line. Focus is now on 1.2555 cluster resistance (38.2% retracement of 1.6039 to 1.0339 at 1.2516 ). Decisive break there will confirm and target 61.8% retracement at 1.3862 and above.

Daily Pivots: (S1) 1.2015; (P) 1.2043; (R1) 1.2093; More….

EUR/USD’s strong break of 1.2075 minor resistance suggests that pull back from 1.2149 has completed at 1.1985. Rise from 1.1703 is likely ready to resume. Intraday bias is back on the upside. Break of 1.2149 will confirm and target 1.2242/2348 resistance zone. In case of another fall, we’d continue to expect strong support from 38.2% retracement of 1.1703 to 1.2149 at 1.1979 to bring rebound.

In the bigger picture, rise from 1.0635 is seen as the third leg of the pattern from 1.0339 (2017 low). Further rally could be seen to cluster resistance at 1.2555 next, (38.2% retracement of 1.6039 to 1.0339 at 1.2516). This will remain the favored case as long as 1.1602 support holds. However, sustained break of 1.1602 will argue that whole rise from 1.10635 has completed. Deeper fall would be seen to 61.8% retracement of 1.0635 to 1.2348 at 1.1289.

Daily Pivots: (S1) 1.2015; (P) 1.2043; (R1) 1.2093; More….

Focus remains on 1.2075 minor resistance in EUR/USD. Break there will indicate that pull back from 1.2149 has completed and bring retest of this resistance. Break there will resume rise from 1.1703 to 1.2242/2348 resistance zone. In case of another fall, we’d continue to expect strong support from 38.2% retracement of 1.1703 to 1.2149 at 1.1979 to bring rebound. However, firm break of 1.1979 will bring deeper fall to 61.8% retracement at 1.1873.

In the bigger picture, rise from 1.0635 is seen as the third leg of the pattern from 1.0339 (2017 low). Further rally could be seen to cluster resistance at 1.2555 next, (38.2% retracement of 1.6039 to 1.0339 at 1.2516). This will remain the favored case as long as 1.1602 support holds. However, sustained break of 1.1602 will argue that whole rise from 1.10635 has completed. Deeper fall would be seen to 61.8% retracement of 1.0635 to 1.2348 at 1.1289.

Daily Pivots: (S1) 1.1985; (P) 1.2006; (R1) 1.2026; More….

Focus is now on 1.2075 minor resistance in EUR/USD with today’s recovery. Break there will indicate that pull back from 1.2149 has completed and bring retest of this resistance. Break there will resume rise from 1.1703 to 1.2242/2348 resistance zone. In case of another fall, we’d continue to expect strong support from 38.2% retracement of 1.1703 to 1.2149 at 1.1979 to bring rebound. However, firm break of 1.1979 will bring deeper fall to 61.8% retracement at 1.1873.

In the bigger picture, rise from 1.0635 is seen as the third leg of the pattern from 1.0339 (2017 low). Further rally could be seen to cluster resistance at 1.2555 next, (38.2% retracement of 1.6039 to 1.0339 at 1.2516). This will remain the favored case as long as 1.1602 support holds. However, sustained break of 1.1602 will argue that whole rise from 1.10635 has completed. Deeper fall would be seen to 61.8% retracement of 1.0635 to 1.2348 at 1.1289.

Daily Pivots: (S1) 1.1985; (P) 1.2006; (R1) 1.2026; More….

Intraday bias in EUR/USD remains neutral and outlook is unchanged. We’d still expect strong support from 38.2% retracement of 1.1703 to 1.2149 at 1.1979 to complete the pull back from 1.2149. On the upside, 1.2075 minor resistance will turn bias back to the upside for 1.2149 resistance. Break there will resume the rise from 1.1703 to 1.2242/2348 resistance zone. However, firm break of 1.1979 will bring deeper fall to 61.8% retracement at 1.1873.

In the bigger picture, rise from 1.0635 is seen as the third leg of the pattern from 1.0339 (2017 low). Further rally could be seen to cluster resistance at 1.2555 next, (38.2% retracement of 1.6039 to 1.0339 at 1.2516). This will remain the favored case as long as 1.1602 support holds. However, sustained break of 1.1602 will argue that whole rise from 1.10635 has completed. Deeper fall would be seen to 61.8% retracement of 1.0635 to 1.2348 at 1.1289.