EUR/USD-TA

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May 16, 2024

Chart EUR/USD Update: Strong resistance at the 1.0930 Fibonacci retracement
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May 16, 2024 7:42 AM UTC

Anticipated gains have reached congestion resistance at 1.0900

Chart EUR/USD Update: Consolidating below 1.0900 level, room for break later
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May 16, 2024 1:39 AM UTC

Sharply higher to extend break of the 1.0800/12 resistance 

May 15, 2024

Chart EUR/USD Update: Room for higher in the coming sessions
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May 15, 2024 7:38 AM UTC

Cautious trade around 1.0800 has given way to the anticipated break

Chart EUR/USD Update: Extending gains, higher see room to 1.0870/85
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May 15, 2024 1:34 AM UTC

Break above the 1.0800/12 area extending the broader gains from the April YTD low to reach channel resistance from the late-December high

May 14, 2024

Chart EUR/USD Update: Consolidating - potential for later gains
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May 14, 2024 7:39 AM UTC

Still little change

Chart EUR/USD Update: Pressuring the 1.0800/12 resistance
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May 14, 2024 1:28 AM UTC

Higher in consolidation with bounce from the 1.0724 low back to pressure the 1.0800/12 high

May 13, 2024

Chart EUR/USD Update: Consolidating - background studies improving
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May 13, 2024 7:40 AM UTC

Little change, as mixed intraday studies keep near-term sentiment cautious

Chart EUR/USD Update: Range-bound below the 1.0800/12 resistance
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May 13, 2024 1:21 AM UTC

Little change, as prices extend consolidation below the 1.0800/12 high

May 10, 2024

Chart EUR/USD Update: Higher in range - background studies improving
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May 10, 2024 7:47 AM UTC

Anticipated minor losses have bounced smartly from above 1.0700

Chart EUR/USD Update: Bounce see scope for retest of 1.0800/12 high
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May 10, 2024 1:44 AM UTC

Limited on break of the 1.0750 support as prices staged rebound from the 1.0725 low to return focus to the upside

May 09, 2024

Chart EUR/USD Update: Leaning lower
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May 9, 2024 7:37 AM UTC

Little change, as prices extend consolidation beneath 1.0750

Chart EUR/USD Update: Scope for lower from the 1.0812 high
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May 9, 2024 1:40 AM UTC

Limited on break of the 1.0750 support though a deeper pullback from the 1.0812 high not ruled out 

May 08, 2024

Chart EUR/USD Update: Drifting lower
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May 8, 2024 7:41 AM UTC

Cautious trade is giving way to the anticipated drift lower

Chart EUR/USD Update: Under pressure, extending pullback from the 1.0812 high
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May 8, 2024 1:28 AM UTC

Leaning lower from the 1.0812 high and break of the 1.0750 support see room to the 1.0725/1.0700 area

May 07, 2024

Chart EUR/USD Update: Consolidating - prices coming under pressure
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May 7, 2024 7:40 AM UTC

Anticipated gains have given way to consolidation

Chart EUR/USD Update: Limited pullback from the 1.0800/12 resistance
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May 7, 2024 1:30 AM UTC

 Little change, as prices settled back in consolidation from the 1.0812 high within a narrow range above the 1.0750 resistance turned support

May 06, 2024

Chart EUR/USD Update: Consolidating, room for higher later
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May 6, 2024 1:49 AM UTC

Break of the 1.0750 resistance has seen rally to reach the 1.0800 level before settling into consolidation

May 03, 2024

Chart EUR/USD Update: Consolidating - daily studies improving
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May 3, 2024 7:42 AM UTC

Little change, as overbought intraday studies keep near-term sentiment cautious

Chart EUR/USD Update: Poised for retest of 1.0750 resistance
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May 3, 2024 1:38 AM UTC

Higher in consolidation from the 1.0650 congestion and regaining the 1.0700 level see room for retest of the 1.0750 high

May 02, 2024

Chart EUR/USD Update: Back in range
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May 2, 2024 7:40 AM UTC

The test of congestion support at 1.0650 has given way to a break back above 1.0700

Chart EUR/USD Update: Extend consolidation at the 1.0700 level
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May 2, 2024 1:52 AM UTC

Turned up from the 1.0650 congestion to extend consolidation at the 1.0700 level

May 01, 2024

Chart EUR/USD Update: Leaning lower - strong support at 1.0600/10
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May 1, 2024 7:35 AM UTC

Consolidation has given way to the anticipated test lower to congestion support at 1.0650

April 30, 2024

Chart EUR/USD Update: Consolidating - background studies improving
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April 30, 2024 7:42 AM UTC

No significant change, as prices extend cautious trade above 1.0700

Chart EUR/USD Update: Extend consolidation below 1.0750 high
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April 30, 2024 1:54 AM UTC

Little change, as prices extend consolidation below the 1.0750 congestion

April 29, 2024

Chart EUR/USD Update: Choppy in range - room for a test above 1.0750
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April 29, 2024 7:31 AM UTC

The test below congestion support at 1.0700 has bounced from above 1.0650

Chart EUR/USD Update: Consolidating at the 1.0700 level
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April 29, 2024 1:50 AM UTC

Settled back from the 1.0750 congestion to consolidate at the 1.0700 level as prices unwind overbought intraday studies

April 26, 2024

Chart EUR/USD Update: Consolidating - room for a test above 1.0750
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April 26, 2024 7:35 AM UTC

Little change, as choppy trade gives way to fresh consolidation beneath resistance at 1.0750

Chart EUR/USD Update: Still room to extend gains, but likely limited
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April 26, 2024 1:48 AM UTC

Consolidation at the 1.0695/1.0700 resistance has given way to break to reach 1.0740 high

April 25, 2024

Chart EUR/USD Update: Room for higher in the coming sessions
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April 25, 2024 7:42 AM UTC

The test of congestion around 1.0700 has given way to the anticipated break

Chart EUR/USD Update: Consolidating at the 1.0700 level, room for higher
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April 25, 2024 1:37 AM UTC

Consolidating test of the 1.0695/1.0700 resistance and scope seen for break higher to extend bounce from the 1.0600 low.

April 24, 2024

Chart EUR/USD Update: Consolidating test of 1.0695/00 - daily studies edging higher
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April 24, 2024 7:43 AM UTC

Cautious trade has given way to the anticipated test of resistance at the 1.0695 monthly low of 14 February and congestion around 1.0600

Chart EUR/USD Update: Extending gains from the 1.0600 low
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April 24, 2024 1:46 AM UTC

Consolidation below the 1.0695/1.0700 resistance has given way to break higher to extend gains from the 1.0600 level

April 23, 2024

Chart EUR/USD Update: Room for a test above 1.0695/00
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April 23, 2024 7:34 AM UTC

Still little change, as mixed intraday studies keep near-term sentiment cautious

Chart EUR/USD Update: Extending consolidation above 1.0600 low
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April 23, 2024 1:33 AM UTC

Little change, as prices extend consolidation above the 1.0600 level 

April 22, 2024

Chart EUR/USD Update: Balanced in range - background studies under pressure
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April 22, 2024 7:35 AM UTC

Little change, as mixed intraday studies keep near-term sentiment cautious

April 19, 2024

Chart EUR/USD Update: Choppy in range - background studies under pressure
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April 19, 2024 7:40 AM UTC

Minor gains have been pushed back from beneath resistance at 1.0695/00

Chart EUR/USD Update: Under pressure, focus return to 1.0600 low
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April 19, 2024 1:42 AM UTC

Coming under fresh selling pressure after corrective bounce stalled ahead of the 1.0695/1.0700 resistance

April 18, 2024

Chart EUR/USD Update: Higher in corrective trade
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April 18, 2024 7:36 AM UTC

Consolidation above strong support at the 1.0610 Fibonacci retracement and congestion around 1.0600 is giving way to the anticipated test higher

Chart EUR/USD Update: Scope to extend bounce from 1.0600 low
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April 18, 2024 1:45 AM UTC

Saw sharp bounce at the 1.0600 level as prices consolidate steep drop from the 1.0885 high of last week

April 17, 2024

Chart EUR/USD Update: Balanced at 1.0600/10 - limited tests higher
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April 17, 2024 7:38 AM UTC

Little change, as late-December losses give way to consolidation

Chart EUR/USD Update: Consolidating at the 1.0600 level
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April 17, 2024 1:46 AM UTC

Steadied at the 1.0600 level as prices unwind oversold intraday studies and consolidate steep drop from the 1.0885 high of last week

March 22, 2024

Chartbook: Chart EUR/USD: Cautious trade within 1.0500 - 1.1000
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March 22, 2024 12:32 PM UTC

The anticipated break above congestion resistance at 1.1000 has met selling interest just beneath further congestion around 1.1200

December 12, 2023

Chart EUR/USD Update: Further losses likely limited
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December 12, 2023 4:03 AM UTC

  LevelsImpComment  LevelsImpCommentR41.0965*21 Nov high S11.0756*6 Nov highR31.0887*14 Nov high S21.0695*24 Oct highR21.0850*congestion S31.0656 10 Nov lowR11.0800 congestion S41.0640*12 Oct high
Asterisk denotes strength of level
03:50 GMT - No follow-through on break of the 1.0756 support

December 11, 2023

Chart EUR/USD Update: Consolidating test of 1.0735/55 - studies leaning lower
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December 11, 2023 9:16 AM UTC

Asterisk denotes strength of level
09:10 GMT - The anticipated break below the 1.0755 weekly high of 6 November has bounced from just beneath further support at the 1.0735 Fibonacci retracement, as intraday studies turn higher and oversold daily stochastics flatten, with prices once again balanced ab