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- bowman replied Jun 16, 2015
Currently the pair is closer to the resistance level at 1.1296 than the support level at 1.1151 which perform the high and the low of June 12th. If the market manages to breach the current level of resistance, long positions will aim for 1.1388 and ...
- bowman replied Jun 10, 2015
Technical analysis EURUSD Today in the morning the pair keeps an upward trend with a slightly bullish sentiment according to the Moving Average. The nearest levels of support-resistance are at 1.1180 and 1.1315, respectively. In case of the breach ...
- bowman replied May 28, 2015
It looks more likely that it would rise to 0.9536 - 0.9578 from 0.9481 or 0.9461. After which a downside move is expected.
- bowman replied May 28, 2015
One move lower to 122.92 or 122.20 is anticipated while below 123.85 - 124.21 area.
- bowman replied May 28, 2015
Market should hold major support at 1.0815 before rising towards 1.0949 or even 1.0994 limit.
- bowman replied May 27, 2015
Currently uptrend should end around 0.9570 - 0.9565 area. A correction down to below 0.9476 is expected. A rise above 0.9595 will abort the expected correction.
- bowman replied May 26, 2015
It may meet resistance in 1.0977 - 1.0982 zone for a drift down to 1.0954 zone, after which bounce to 1.1005 is anticipated.
- bowman replied May 22, 2015
While above 1.1096 - 1.1067 zone a corrective dip could test 1.1125 or 1.1169.
- bowman replied May 21, 2015
It may meet resistance in 1.1093 - 1.1103 zone for a drift down to 1.1053 zone, after which bounce to 1.1143 is anticipated.
- bowman replied May 14, 2015
Uptrend is still intact in a triangle configuration. It should continue to rally to 0.8201 or 0.8175 if support around 0.8063 hold. After which a pullback to 0.8063 - 0.8032 zone is possible.
- bowman replied May 13, 2015
Current upmove should be ended around 1.1246 - 1.1284. Any correction consolidation should find support in 1.1174 - 1.1139 zone.
- bowman replied May 12, 2015
It may meet resistance in 1.1155 - 1.1164 zone for a drift down to 1.1122 zone, after which bounce to 1.1196 is anticipated.
- bowman replied May 8, 2015
There are initial signs of a good corrective recovery towards 1.1329 or even 1.1360. Supports at 1.1252 and 1.1205 zone.
- bowman replied May 6, 2015
Difficult to predict the next move. If first down it should hold 1.1126 or 1.1094. If first up it should face resistance in 1.1204 - 1.1250 zone to 1.1094 zone.
- bowman replied Apr 30, 2015
Strength can extend to 1.1158 or 1.1224 as declines are expected to find support at 1.1044 or 1.0996. A fall below 1.0864 could turn it bearish.
- bowman replied Apr 29, 2015
Decline should be supported around 118.28 zone for rally to above 119.12. A clear break of 118.28 will damage this expected rally.
- bowman replied Apr 29, 2015
Uptrend is still intact in a triangle configuration. It should continue to rally to 1.1005 or 1.1028 if support around 1.0944 hold. After which a pullback to 1.0944 - 1.0921 zone is possible.
- bowman replied Apr 27, 2015
Support 1: 1.0801 Support 2: 1.0735 Resistance 1: 1.0917 Resistance 2: 1.0966 While below 1.0884 - 1.0917 it is more likely to fall further towards 1.0826 or 1.0801. Premature rise above 1.0917 could see it rising above 1.0966 zone.
- bowman replied Apr 23, 2015
Support 1: 1.0689 Support 2: 1.0653 Resistance 1: 1.0781 Resistance 2: 1.0837 It looks more likely that it would rise to 1.0781 - 1.0837 from 1.0717 or 1.0689. After which a downside move is expected.
- bowman replied Apr 22, 2015
Support 1: 1.0670 Support 2: 1.0604 Resistance 1: 1.0791 Resistance 2: 1.0846 It should test 1.0765 area after which a sell off down to 1.0670 or extended to 1.0604 area is expected.