EURUSD Market Outlook

EURUSD Market Outlook As we have disucssed earlier, EURUSD keep falling. It is now heading to 1.1000. We firstly show renko charting mode. After EURUSD pass through 1.1000 level, EURUSD will meet one demand zone between 1.0980 and 1.0950. Below this demand zone, there is another demand zone between 1.09400 and 1.09118. At the same time, …

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EURUSD Market Outlook

EURUSD Market Outlook Continuous weakening in EUR so does in GBP too. The Renko chart shows clearly what is happening right now. Nearest round number is 1.100. There are two demand zone you might be able to play your game at 1.0950 and at 1.0911. In fact 1.0911 was touched lightly once before. But I still …

EURUSD Market Outlook

EURUSD Market Outlook Monday morning EURUSD is starting with little bit of retracement from 1.1200. Tuesday: German ZEW Economic Sentiment Wednesday: FOMC Meeting Minutes Thursday: Trade Balance for China, Unemployment Claims Friday: Core Retail Sales m/m, PPI m/m, Retail Sales m/m, Prelim UoM Consumer Sentiment, Fed Chair Yellen Speaks Overall, we expect high volatility on …

EURUSD Market Outlook

EURUSD Market Outlook Technical + Statistical This is monthly technical and statistical analysis for EURUSD in long term. EURUSD currently shown medium volatility with ADX value around 25. It is sitting right above middle line of Bollinger bands. CCI and RSI and MACD are not so at their extreme. MACD is negative at the moment. We used 4 forecasting …