Monday 05th July 2021: Technical Outlook and Review
On the weekly timeframe, price tested and bounced above key trendline pullback support at 1764. On the daily, price is also testing key 1764 weekly support.
Friday 02nd July 2021: Technical Outlook and Review
On the H4, price bounced higher and is holding above the weekly 1764 support zone. We still see a low probability bullish scenario where buyers could add to their longs above 1764 weekly support with a possible upside target at 1808 resistance.
Thursday 01 July 2021: Technical Outlook and Review
On the weekly timeframe, price is testing key trendline pullback support at 1764. On the daily, price is also testing key 1764 weekly support.
Wednesday 30th June 2021: Technical Outlook and Review
On the weekly timeframe, price is testing key trendline pullback support at 1764. On the daily, price is also testing key 1764 weekly support. While 1764 support looks fragile, as long as we do not have a daily close below this support, we may see price bounce towards 1855 resistance.
Tuesday 29th June 2021: Technical Outlook and Review
EUR/USD: Looking at the weekly chart we can see that price […]
Monday 28th June 2021: Technical Outlook and Review
EUR/USD: Looking at the weekly chart we can see that price […]
Friday 25th June 2021: Technical Outlook and Review
On the weekly timeframe, pulled back lower and is testing key trendline pullback support at 1764. On the daily, price tested and reacted above 1764 weekly support.
Thursday 24th June 2021: Technical Outlook and Review
On the weekly timeframe, pulled back lower and is testing key trendline pullback support at 1764. On the daily, price tested and reacted above 1764 weekly support.
Wednesday 23rd June 2021: Markets begin to stabilize from aftereffects of Fed’s comments
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues overnight from Wall Street on easing concerns over the outlook for interest rates.
