Daily price broke 100 SMA/200 SMA ranging reversal area for the primary bullish market condition:
SUMMARY : bullish
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EURUSD Technical Analysis 2016, 14.08 - 21.08: daily ranging inside Ichimoku cloud for direction
Sergey Golubev, 2016.08.14 07:39
Daily price broke one of the 'reversal' Senkou Span line of Ichimoku indicator together with trendline to above: the price broke this line to be located inside Ichimoku cloud in the bearish ranging area of the chart waiting for the direction. Absolute Strength indicator is estimating the trend to be on ranging waiting for breakout/breakdown, and Trend Strength inticator is evaluating the future possible trend as the possible daily bullish reversal.
If D1 price breaks 1.1045
support level on close bar together with descending triangle pattern to below so the primary bearish trend will be resumed.If D1 price breaks 1.1233
resistance level on close bar from below to above so the bullish
reversal will be started.If not so the price will be on bearish ranging within the levels.
SUMMARY : ranging bearish
EUR/USD Intra-Day Technical Analysis - breaking key support level for the correction to be continuing
H4 price is located to be above Ichimoku cloud in the bullish area of the chart: the price was started with the local downtrend as the secondary correction within the primary bullish market condition by 1.1270 support level to be breaking for the correction to be continuing.
The situation was not changed since this morning: the price broke trendline for 1.1330 resistance level to be testing, but it is still on ranging market condition within 1.1366/1.1270 support/resistance levels. So, nothing was changed so much.
There will be some medium impacted fundamental news events related to EUR/USD tomorrow: (Euro/German PMI news events) so we can expect some more movement.
Sergey Golubev, 2016.08.23 14:26
Technical Targets for EUR/USD by United Overseas Bank (based on the article)
is located above 100 SMA/200 SMA for the bullish market condition: the
price is on ranging within
the following support/resistance
price. United Overseas Bank is expecting for EUR/USD to be continuing with the bullish market condition:
"While stops for s/t bullish view is still intact at 1.1240, the recent
price action is lackluster and the odds for extension to the 1.1430 high
seen on the day of Brexit are not very high. EUR has to clear the
recent 1.1365 peak in an ‘impulsive manner’ before a sustained up-move
can be expected."
EURUSD Technical Analysis: daily correction with 1.1240 as a key level
Daily price is located above Ichimoku cloud in the bullish area of the chart: the price is started with the secondary correction with 1.1240 support level to be tested for the correction to be continuing.
Sergey Golubev, 2016.08.25 10:12
EUR/USD Intra-Day Fundamentals: German Ifo Business Climate and 10 pips price movement
2016-08-25 08:00 GMT | [EUR - German Ifo Business Climate]
if actual > forecast (or previous one) = good for currency (for EUR in our case)
[EUR - German Ifo Business Climate] = Level of a composite index based on surveyed manufacturers, builders, wholesalers, and retailers.
EUR/USD M5: 10 pips price movement by German Ifo Business Climate news event
EURUSD Technical Analysis 2016, 21.08 - 28.08: Fibo resistance with ascending triangle to be broken for the daily bullish to be resumed
Sergey Golubev, 2016.08.22 18:29
The H4 price broke trendline to above with 1.1290 resistance level to be testing for 1.1366 target for the bullish trend to be continuing. Alternative, if the price breaks 1.1244 support to below so the local downtrend as the secondary correction within the primary bullish trend will be started.
By the way, the bearish reversal level for this H4 timeframe is 1.1153, and if the price breaks this level to below so the bearish reversal will be started.