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EUR/USD Bounces off 1.3446 low, after retracing 50% of 1.2643/1.4280 upleg. Immediate resistance at 1.3654 has been tripped, with 1.3763/75, 38.2% retracement of 1.4280/1.3446 / 12 Nov high, along with 1.3836, 20 day MA, expected to limit correction, ahead of fresh weakness. Loss of 1.3446 would...

EUR/USD Has further extended weakness off 1.4280 peak, to probe 50% retracement of 1.2643/1.4280 upleg, reaching 1.3446 so far. Break below 60 day MA at 1.3477 confirms negative short term outlook and favors further weakness towards 1.3380, possibly 1.3272, 61.8% level, on a break. Pullback...

EUR/USD Extended reversal from 1.4156 spike high, after leaving a lower top at 1.4003 and falling through key near-term support at 1.3774. This has completed and hourly head and shoulders pattern, reaching 1.3696 low, ahead of bounce. This is seen corrective while 1.4003 hold, with lower top...

EUR/USD Clearance of 1.3690 pivot and positive studies open further upside, with 1.3800/16, 161.8% Fibonacci extension of 1.3332/1.2586 downleg/ March high, seen next. Downside, 1.3571/58 expected to hold corrective dips and possible break here to delay bulls. Res: 1.3730, 1.3741, 1.3780...

EUR/USD Corrects lower following the recent surge through 1.3332 resistance that peaked at 1.3438 on 22 Sep. Market has so far retraced 38.2% of 1.3028/1.3438 upleg at 1.3285, with further consolidation seen preceding the fresh strength towards 1.3510, 50% of 1.5144/1.1875 downleg and 1.3523...

EUR/USD Recovery off 1.25861.2625, 24/31 Aug lows has reached 1.2855, just below off 1.2870, 38.2% retracement of 1.3332/.2586. To resume recovery, break above 1.2931 is required, while loss of 1.2740 would signal bear resumption. Res: 1.2855, 1.2870, 1.2903, 1.2931 Sup: 1.2775, 1.2741...

EUR/USD Extended correction from 1.2586, to reach 1.2763 yesterday, just ahead of 1.2770 resistance. However, while 1.2770/90 holds, the latest upleg is seen corrective for fresh weakness to test 1.2586, possibly 1.2522 on a break. Lift above 1.2790 delays and opens 1.2831 instead. Res...

EUR/USD Correction off 1.2586, 24 Aug fresh low, has tripped 1.2725 resistance today, reaching 1.2744. Near term outlook, however, remains negative, with scope for break below 1.2608/1.2586 to test 1.2522. Upside, 1.2770 caps for now, and possible break here to attract 1.2831, 20 Aug high...

EUR/USD Deep pullback off 1.3334 (06 Aug high) found support at 1.2734 Mon, just above 1.2732, the key 21 Jul higher low. A tentative reversal was seen yesterday favoring recovery towards 1.2963, guards 1.3034. Below 1.2800 > 1.2732. Res: 1.2915, 1.2960, 1.3035, 1.3055 Sup: 1.2795, 1.2775...

EUR/USD Deep pullback off 1.3334 (06 Aug high) found support at 1.2734 yesterday, just above 1.2732, the key 21 Jul higher low. Market now attempting to base & over 1.2872 firms for 1.2906/1.2933. Below 1.2800 re-tests 1.2732-34, guards 1.2615. Res: 1.2910, 1.2950, 1.3030, 1.3055 Sup: 1.2800...

EUR/USD Deep pullback off 1.3334 (06 Aug high) found support at 1.2734 yesterday, just above 1.2732, the key 21 Jul higher low. Market now attempting to base & over 1.2872 firms for 1.2906/1.2933. Below 1.2800 re-tests 1.2732-34, guards 1.2615. Res: 1.2910, 1.2950, 1.3030, 1.3055 Sup: 1.2800...

EUR/USD Continues to trend lower, following reversal off key lower top at 1.3360, and break below pivotal 1.3114 low. 1.2935 has been reached so far, en-route to 1.2885/40, 22 Apr 2009 low/trendline off 1.2331, Oct 2008 bottom. 1.2995/1.3047 offers immediate resistance. Res: 1.3047, 1.3113...

EUR/USD Continues to trend lower, with risk seen for further drop to fully retrace the 1.3266/1.3591 upleg. Break below 1.3266, yearly low, would open 1.3190, 30 Apr 2009 low next, while 1.3409 expected to cap corrective attempts. Res: 1.3377, 1.3409, 1.3438, 1.3459 Sup: 1.3266, 1.3245...

EUR/USD Hourly structure continues to be negative with yesterday's break below 1.3390/83, 61.8% retracement of the 1.3266/1.3591 rise / 31 Mar low, warning of a full retrace of the move. Scope is now for a short-term swing higher, before leaving a lower top. Res: 1.3438, 1.3459, 1.3496, 1.3537...

EUR/USD Continues to trade within broader 1.3433/1.3816 consolidative range. The latest strong sell-off from 1.3816 found support at 1.3462 yesterday, just above 1.3433 range bottom, ahead of current recovery phase. Higher low is now required to resume towards 1.3586/1.3639, with break of the...