Technical Outlook For EUR-USD 17-8-2015

Technical Outlook For EUR-USD 17-8-2015

Eur/Usd pair moved last Friday in the average price movement of 91 Pips, it recorded the highest level at 1.1187 and the lowest at 1.1096 and closed at 1.1109 to Lose 40 Pips during Friday’s trading according to the economic data.

The pair opened today at 1.1114 oscillatory between the 1.1080 and the 1.1118 levels during the Asian session in a trading average of 38 pips for the limitation of the market liquidity, and in the European session the pair went down to 1.1061

The pair is moving in a series of up impulse waves after breaking the wedge.

We saw the pair achieved our target at 1.1190

It is expected that the pair Eur-Usd will reach the targeted level at 1.1025 in the next few hours.

The Relative Strength Indicator "RSI" reveals the distribution operations at the market and until Now we are seeing the control of Bears on the market.

Medium term trend: up

Support levels: 1.1074 and 1.1039 and 1.0983
Resistance levels: 1.1165 and 1.1221 and 1.1256
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Technical Outlook For Eur-Usd 3-8-2015

Technical Outlook For Eur-Usd 3-8-2015

Eur/Usd pair moved last Friday in the average price movement of 193 Pips, it recorded the highest level at 1.1113 and the lowest at 1.0920 and closed at 1.0981 to Gain 50 Pips during Friday’s trading after we saw the consumer prices held steady.

The pair opened today at 1.0969 oscillatory between the 1.0965 and the 1.0988 levels during the Asian session in a trading average of 23 pips for the limitation of the market liquidity, and in the European session the pair went up to 1.0995

The pair is moving in a series of down corrective waves after breaking the parallel price channel.

It is expected that the pair Eur-usd will reach the targeted level at 1.1070 in the next few hours.

The Relative Strength Indicator "RSI" reveals the distribution operations at the market and until

Now we are seeing the control of Bears on the market.

Medium term trend: Down

Support levels: 1.0896 and 1.0811 and 1.0703

Resistance levels: 1.1089 and 1.1197 and 1.1282

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Technical Outlook for EUR-USD 27-7-2015

Technical Outlook for EUR-USD 27-7-2015

Eur/Usd pair moved last Friday in the average price movement of 70 Pips, it recorded the highest level at 1.0995 and the lowest at 1.0924 and closed at 1.0977 to Lose just seven Pips during Friday’s trading after according to economic data.

The pair opened today at 1.0981 oscillatory between the 1.0968 and the 1.1014 levels during the Asian session in a trading average of 46 pips for the limitation of the market liquidity.

The pair is moving in a series of up impulse waves above the ascending trend line and above 50% fibo.

It is expected that the pair Eur-usd will reach the targeted level at 1.1100 in the next few hours.

The Relative Strength Indicator "RSI" reveals the accumulation operations at the market and until

Now we are seeing the control of Bulls on the market.

Medium term trend: Down

Support levels: 1.0935 and 1.0894 and 1.0864

Resistance levels: 1.1006 and 1.1036 and 1.1077

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Technical Analysis for Eur-Usd 13-7-2015

Technical Analysis for Eur-Usd 13-7-2015

Eur/Usd pair moved yesterday in the average price movement of 172 PIPs, it recorded the highest level at 1.1215 and the lowest at 1.1043 and closed at 1.1152 to Gain 106 PIPs after we saw Signs of hope to end Greek crisis.

The pair opened today at 1.1136 oscillatory between the 1.1108 and the 1.1150 levels during the Asian session in a trading average of 42 pips for the limitation of the market liquidity, and in the European session the pair went up to 1.1196 and then fall down again to 1.1053

The pair is moving in a series of down corrective waves after breaking the price channel, and we saw the pair retested the broken limit, so it is expected to fall down to lows again.

It is expected that the pair eur/usd will reach the targeted level at 1.1000 in the next few hours.

Today we are looking for Euro group Meetings.

The Relative Strength Indicator "RSI" reveals the distribution operations at the market and till now we are seeing the control of Bears on the market.

Medium term trend: Down

Support levels: 1.1058 and 1.0964 and 1.0886

Resistance levels: 1.1230 and 1.1308 and 1.1402

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