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  1. #1
    AceTraderFX is offline Senior Member
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    Smile AceTraderFx Jan 23: Daily Market Outlook on Major EUR/USD

    DAILY MARKET OUTLOOK EUR/USD - 1.3535
    23 Jan 2014 00:41 GMT

    Despite yesterday's rebound to 1.3584, subsequent retreat suggests the recovery from Monday's 7-week low at 1.3508 has ended there and consolidation with downside bias remains for a re-test of aforesaid trough, break would extend corrective decline from December's 2-year peak at 1.3894 towards support at 1.3455/60, however, near term loss of momentum would prevent steep fall below there and yield a correction later next week.

    On the upside, only above 1.3584 would indicate a temporary low has been made there and bring stronger retracement of said fall to 1.3603.

  2. #2
    AceTraderFX is offline Senior Member
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    Smile AceTraderFx Feb 5: Daily Market Outlook on Major EUR/USD

    DAILY MARKET OUTLOOK EUR/USD - 1.3520
    05 Feb 2014
    01:06 GMT

    The single currency rebounds from Monday's low at 1.3477 to 1.3539 on Tuesday suggests choppy trading would be seen but as long as resistance at 1.3574 holds.

    Daily bearishness remains for another sell-off later this week, breach of said support would indicate decline from December's 2-year peak at 1.3894 has once again resumed and then further weakness to 1.3455 and 1.3410/20 would follow.

    On the upside, only a daily close above 1.3603/09 would shift risk to upside instead for stronger retracement to 1.3640/50 and possibly 1.3685/88.

  3. #3
    AceTraderFX is offline Senior Member
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    Smile AceTraderFx Feb 6: Daily Market Outlook on Major EUR/USD

    DAILY MARKET OUTLOOK EUR/USD - 1.3531
    06 Feb 2014
    01:10 GMT

    Despite euro's volatile trading on Wednesday, as price has retreated after being capped below yesterday's New York morning high of 1.3555, suggesting recovery from Monday's 2-month low at 1.3477 has ended there and consolidation with downside bias remains, however, breach of said support is needed to confirm decline from December's 2-year peak at 1.3894 has resumed and extend weakness to next retracement objective at 1.3455 and later towards 1.3399.

    On the upside, only a firm breach of chart resistance at 1.3574 would confirm a temporary low is in place and turn outlook mildly bullishness instead for gain to 1.3603/09 and then 1.3640

  4. #4
    AceTraderFX is offline Senior Member
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    Smile AceTraderFx Feb 11: Daily Market Outlook on Major USD/EUR

    DAILY MARKET OUTLOOK EUR/USD - 1.3667
    Update Time: 11 Feb 2014 01:40 GMT

    Euro's intra-day rally above yesterday's high at 1.3652 to 1.3678 suggests near term rise from last Monday's trough at 1.3477 to retrace decline from December's 2-year peak at 1.3894 remains in progress and further gain to 1.3685/88, then 1.3716 would be seen, however, near term loss of momentum would keep price well below resistance at 1.3740 and yield retreat later.

    On the downside, only below 1.3576 would indicate a temporary top has been made and bring stronger correction towards 1.3552.

  5. #5
    AceTraderFX is offline Senior Member
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    Smile AceTraderFx Feb 18: Daily Market Outlook on Major - EUR/USD

    DAILY MARKET OUTLOOK EUR/USD - 1.3701
    Update Time: 18 Feb 2014 00:54 GMT

    The single currency's sideways trading after yesterday's resumption of rise from February's 2-month low at 1.3477 to 1.3724 suggests consolidation with upside bias would be seen and above aforesaid resistance would extend gain towards daily objective at 1.3740, however, near term loss of momentum would prevent strong rise above there and yield retreat later this week.

    On the downside, only a daily close below support at 1.3657 would indicate a temporary top has been made and risk retracement towards 1.3637.

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