Daily price is on bearish breakdown located below Ichimoku cloud in the bearish area of the chart. The price broke 1.0619 support level to below for the bearish breakdown to be continuing with 1.0567 target to re-enter.
If D1 price breaks 61.8% Fibo resistance level at 1.1019 on
close bar from below to above so the reversal of the price movement from the primary bearish to the primary bullish trend willbe started.If not so the price will be on bearish ranging within the levels.
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Sergey Golubev, 2016.11.19 08:09
Weekly EUR/USD Outlook: 2016, November 20 - November 27 (based on the article)
Sergey Golubev, 2016.11.21 17:47
EUR/USD Intra-Day Fundamentals: ECB President Draghi Speaks and 13 pips range price movement
2016-11-21 16:20 GMT | [EUR - ECB President Draghi Speaks]
[EUR - ECB President Draghi Speaks] = Speech about the European Central Bank's Annual Report before the European Parliament, in Strasbourg.
From official report:
EUR/USD M5: 13 pips price movement by ECB President Draghi Speaks news event
Sergey Golubev, 2016.11.22 10:20
Technical Targets for EUR/USD by United Overseas Bank (based on the article)
is located below 100 SMA/200 SMA on the bearish area of the chart. The price is on ranging within narrow support/resistance levels:
price. United Overseas Bank is expecting for this pair to be bearish trend to be continuing:
"The lack of follow through despite the overall bearish indications
coupled with the rather strong rebound yesterday suggests that the odds
for further EUR weakness have diminished. A prolonged consolidation
above 1.0540 would lead to a rapid loss in downward momentum and
increase the risk of a short-term low."
Thomas Lawson, 2016.11.23 10:00
Sergey Golubev, 2016.11.23 11:37
Trading News Events: U.S. Durable Goods Orders (adapted from dailyfx)
Bullish USD Trade: Demand for Large-Ticket Items Rebound 1.7% or Greater
Bearish USD Trade: U.S. Durable Goods Orders Report Disappoints
Daily price is on located below Ichimoku cloud in the primary bearish area of the chart. The price is trying to test 1.0568 support level to below for the bearish trend to be continuing.
Sergey Golubev, 2016.11.23 15:35
Intra-Day Fundamentals - EUR/USD, GOLD (XAU/USD) and Dax Index: U.S. Durable Goods Orders2016-11-23 13:30 GMT | [USD - Durable Goods Orders]
if actual > forecast (or previous one) = good for currency (for USD in our case)
[USD - Durable Goods Orders] = Change in the total value of new purchase orders placed with manufacturers for durable goods.
From Market Watch article: Durable-goods orders see jet-fueled 4.8% gain in October
EUR/USD M5: 49 pips range price movement by Durable Goods Orders news events
GOLD (XAU/USD) M5: bearish price movement by Durable Goods Orders news events
Dax Index M5: range price movement by Durable Goods Orders news events
Sergey Golubev, 2016.11.23 23:42
EUR/USD Intra-Day Fundamentals: FOMC Meeting Minutes and 19 pips range price movement
2016-11-23 19:00 GMT | [EUR - FOMC Meeting Minutes]
[EUR - FOMC Meeting Minutes] = It's a detailed record of the FOMC's most recent meeting, providing in-depth insights into the economic and financial conditions that influenced their vote on where to set interest rates.
From rttnews article: The Fed is widely expected to raise rates at the next FOMC meeting, which is scheduled for December 13th and 14th.
EUR/USD M5: 19 pips range price movement by FOMC Meeting Minutes news event
Sergey Golubev, 2016.11.24 07:51
is below 100 SMA/200 SMA on the bearish area of the chart for the ranging within the narrow support/resistance levels:
price. United Overseas Bank is expecting for this pair to be bearish trend to be continuing with 1.0455/60 as the next nearest bearish target:
"After several days of lethargic trading, we noted in the Chart of the
Day update yesterday that EUR has to see a ‘break lower soon’ or the
risk of a short-term low would increase quickly. The timing of the
breach of the December 2015 low of 1.0540 bodes well for our bearish
view and from here, the next most obvious level to aim for is at the
2015 low of 1.0455/60 (seen in March). All in, the bearish view that
started early last week is intact until 1.0650 is taken out (adjusted
Sergey Golubev, 2016.11.24 16:40
EUR/USD Establishes New Low At
1.0517 (based on the article)
Something Interesting in Financial Video November 2016
Sergey Golubev, 2016.11.25 08:44
Euro Day Trading Strategy
6. Exit based on a fixed risk/reward, lower bollinger bands, and/or a spike in ADX