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DAY 1 - EURUSD ANALYSIS

EURUSD price structure in last few weeks remain interesting. We saw a fake out of resistance level at 1.2070 and price moved down with momentum and after a bullish retracement we have seen a lower high and lower low structure. Price is currently ranging around Daily demand zone between 1.1720 to 1.1750. However, it is below an important support level, which could act as resistance on the retest.
As such I would be looking for bearish price action on lower time frames to enter short trade on this…
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DAY 4 - EURUSD ANALYSIS

Eurozone economy continues to show signs of improvement, while US economy remain vulnerable due to ongoing political turmoil, which could initiate outflow of money from US to European Markets.
From technical perspective EURUSD remain in uptrend as seen on Daily Charts and price broke out of resistance and made new highs last week. Since then we have seen some selling pressure but sentiment remain bullish, so any retracement is an opportunity to get in long trade with better risk to reward ratio.…
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DAY 1 - EURUSD ANALYSIS

Eurozone economy is showing signs of improvement and EURUSD continues to rise and the pair is up around 1500 pips from December 2016 lows. We have seen interesting price action in July 2017 as the pair broke out of two major resistance levels and price closed around 1.1840 level.
The next major SR level and supply zone is around 1.2300 level, so there is plenty of upside room and as such best option would be to buy retracements on this pair.
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DAY 8 - EURUSD OUTLOOK

We are seeing some consolidation around 1.1300 level on EURUSD after a sharp up move in last 2 weeks. This seems to be an important resistance level as last time price dropped considerably from this level. This recent up move is driven by optimism shown by ECB & Germany and as such fundamentals news could dictate price action on this pair in coming days.
From technical perspective, some retracement is expected from this level, but I am expecting shallow retracement upto 1.1075 level where we cou…
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DAY 4 - EURUSD ANALYSIS

EURUSD broke out of consoladition zone today as the price was pushed higher towards 1.10 level. All eyes are now on French Election scheduled for Sunday May 7th and analysts expect Macron to win it, as such the sentiment remain bullish towards Euro.
From technical perspective, price made higher high on Daily time frame and the next major resistance zone is around 330 pips away as such I am expecting continuation of bullish trend on this pair in coming weeks.
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DAY 2 - EURUSD ANALYSIS

Since beginning of March we have seen bullish price action on EURUSD and price steadily went higher from 1.05 to 1.09. However, this week we have seen sellers taking down this pair with momentum and the pair dropped 250 pips in a span of 5 days. This bearish momentum hint a start of bearish trend and we could see retest of last year lows at 1.0340 level or even parity level.
However, I am expecting some retracement in coming days to get more sellers on board and taking out weak hands on both sid…
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DAY 5 - EURUSD ANALYSIS

We have seen in recent months fundamental factors have dictated price action on majority of forex pairs. Some very important news event lined up for coming week, which could dictate price action on EURUSD. First we have ECB Interest Rate Decision and Press Conference on Thursday, followed by Non-Farm Payroll numbers coming out on Friday.
Last week price action on EURUSD suggest some buying interest at 1.0495 level. The most likely target for these buyers would be 1.0680 or even higher at 1.0829.…
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DAY 19 - EURUSD ANALYSIS

Since start of this year we have seen buying interest on EURUSD and the pair edged higher around 500 pips before retracing back 300 pips. This recent down move very likely looks like a correction and I am expecting price to move higher in coming days towards 1.0870 resistance. Should price move further down then 1.0450 level is expected to hold as support as we have seen lot of buying interest at this level last time.
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DAY 6 - EURUSD ANALYSIS

Since start of this year EURUSD drifting higher and price continues to make higher highs and higher lows. Next major resistance is around 1.0873 level, so there is still plenty of upside room. If this resistance doesn't hold then price is likely to test 1.1130 level. On the downside 1.0616 should hold as support on any retest.
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DAY 30 - EURUSD ANALYSIS

We have seen lot of buying interest on EURUSD in last two days as the pair inched higher around 280 pips from lows of 1.0370. However, price found some resistance at 1.0650 and price was pushed down again. Due to holiday season, we are seeing thin liquidity that sometimes result in volatile moves.
From technical perspective, 1.0480 remain a valid demand zone, whereas 1.0665 should hold as supply zone for now.
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