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  1. #11
    AceTraderFX is offline Senior Member
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    Smile AceTraderFx Mar 27: Daily Recommendations on Major -EUR/USD

    DAILY MARKET OUTLOOK on Major EUR/USD

    Update Time: 27 Mar 2015 01:05 GMT

    Despite euro's rally to 1.1052 in Europe yesterday, price retreat after being capped below last Wednesday's post-FOMC high at 1.1062 and then tumbled to 1.0856 in New York.
    This suggests further choppy trading inside recent broad range of 1.1062-1.0613 would continue and consolidation with downside bias is seen for weakness towards 1.0830/40 before prospect of a rebound.

    On the upside, only above 1.0940/50 would indicate a low is possibly made and bring gain towards 1.1000.
    Last edited by AceTraderFX; 01-12-2016 at 01:19 AM.

  2. #12
    AceTraderFX is offline Senior Member
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    Smile AceTraderFx Mar 31: Daily Recommendations on Major -EUR/USD

    DAILY MARKET OUTLOOK on Major EUR/USD
    Update Time: 31 Mar 2015 01:39 GMT

    EUR/USD
    - 1.0822

    Yesterday's erratic decline to 1.0810 due to renewed market concerns over Greek debt suggests euro's early rebound from last Friday's 1.0801 low, although strong, had ended at 1.0949 and decline from last week's peak at 1.1052 (Thursday) would resume towards chart objective at 1.0767 after consolidation.

    However, loss of downward momentum should keep price above 1.0742/46 and risk has increased for a retracement of aforesaid fall later today or tomorrow.

    On the upside, a firm rise above Monday's European high would be the 1st signal a low is in place and risk gain to 1.0910/20 and then later towards 1.0949.
    Last edited by AceTraderFX; 01-11-2016 at 10:54 PM.

  3. #13
    AceTraderFX is offline Senior Member
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    Smile AceTraderFx Apr2: Daily Recommendations on Major -EUR/USD

    DAILY MARKET OUTLOOK on Major EUR/USD
    Update Time: 02 Apr 2015 01:12 GMT

    EUR/USD - 1.0757

    Euro's sell off from last Thursday's high of 1.1052 to as low as 1.0713 Tuesday due to worries over Greece debts signals price would continue to gyrate inside early established broad range of 1.1062-1.0613.

    Despite yesterday's intra-day rebound to 1.0800, reckon 1.0845 would limit upside and yield another decline later, below 1.0713 would extend weakness to 1.0695 but near term loss of momentum should keep price above support at 1.0656 today.

    On the upside, only a daily close above 1.0845 would confirm a low is made and yield gain towards 1.0900 before prospect of a retreat.
    Last edited by AceTraderFX; 01-11-2016 at 10:54 PM.

  4. #14
    AceTraderFX is offline Senior Member
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    Smile AceTraderFx Apr 9: Daily Recommendations on Major -EUR/USD

    DAILY MARKET OUTLOOK on Major EUR/USD
    Update Time: 09 Apr 2015 01:03 GMT

    EUR/USD - 1.0765

    Yesterday's breach of Tuesday's low at 1.0803 to 1.0763 signals price would continue to gyrate inside early broad range of 1.1062-1.0613 and downside bias is seen for decline from Monday's high of 1.1036 to pressure price to 1.0713 before rebound occurs due to near term loss of momentum.

    On the upside, only a move above 1.0887 (yesterday's high) would indicate a low made and bring gain towards resistance at 1.0955.
    Last edited by AceTraderFX; 01-11-2016 at 10:54 PM.

  5. #15
    AceTraderFX is offline Senior Member
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    Smile AceTraderFx Apr 13: Daily Recommendations on Major -EUR/USD

    DAILY MARKET OUTLOOK on Major EUR/USD

    Update Time: 13 Apr 2015 01:13 GMT

    EUR/USD - 1.0612
    Euro's breach of previous key support at 1.0613 to 1.0567 last Friday signals correction from March's 12-year trough at 1.0457 has ended earlier at 1.1062 and consolidation with downside bias remains for further weakness to 1.0500/10, then 1.0457 later this week.

    On the upside, only a move back above 1.0713 (previous support) would indicate a temporary low is made and shift risk to upside for gain towards 1.0778/89.
    Last edited by AceTraderFX; 01-11-2016 at 10:54 PM.

  6. #16
    AceTraderFX is offline Senior Member
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    Smile AceTraderFx Apr 14: Daily Recommendations on Major -EUR/USD

    DAILY MARKET OUTLOOK on Major EUR/USD
    Update Time: 14 Apr 2015 01:12 GMT

    Although euro's breach of previous key support at 1.0613 to 1.0567 last Friday and then 1.0521 in Europe yesterday signals correction from March's 12-year trough at 1.0457 has ended earlier at 1.1062.
    Subsequent intra-day rebound to 1.0610 in New York suggests choppy consolidation would be seen before another decline to take place later this week.

    Above 1.0610 would bring stronger gain to 1.0635 and then 1.0655/65 but 1.0684 resistance should cap upside.
    On the downside, below 1.0521 would retain bearishness for a re-test of aforesaid low at 1.0457.
    Last edited by AceTraderFX; 01-11-2016 at 10:54 PM.

  7. #17
    AceTraderFX is offline Senior Member
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    Smile AceTraderFx Apr 15: Daily Recommendations on Major -EUR/USD

    DAILY MARKET OUTLOOK on Major EUR/USD

    Update Time: 15 Apr 2015 01:23 GMT

    EUR/USD - 1.0635
    Despite euro's rally from 1.0532 to as high as 1.0708 on Tuesday, subsequent retreat suggests the rebound from Monday's near 1-month trough at 1.0521 has possibly ended there and consolidation with downside bias would be seen, a break of 1.0611 (previous resistance) would confirm this view and yield weakness to 1.0558/60, then re-re-test of 1.0521 later.

    On the upside, only above 1.0708 would bring stronger retracement of recent erratic decline from March's peak at 1.1062 to 1.0738 and then 1.0778.
    Last edited by AceTraderFX; 01-11-2016 at 10:54 PM.

  8. #18
    AceTraderFX is offline Senior Member
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    Smile AceTraderFx Apr 16: Daily Recommendations on Major -EUR/USD

    DAILY MARKET OUTLOOK on Major EUR/USD
    DAILY MARKET OUTLOOK

    Update Time: 16 Apr 2015 01:09 GMT

    Euro's intra-day breach of Tuesday's high of 1.0708 to 1.0746 shortly after Asian open signals erratic rise from Monday's 4-week trough at 1.0521 has resumed and further gain to 1.0778-1.0789 would be seen.
    However, reckon 1.0803 (previous sup, now resistance) would cap upside due to near term loss of momentum and yield retreat later.

    On the downside, only a move back below 1.0664 (Wed's NY afternoon sup) would indicate a top is possibly made and shift risk to downside for weakness towards 1.0615/25.
    Last edited by AceTraderFX; 01-11-2016 at 10:54 PM.

  9. #19
    AceTraderFX is offline Senior Member
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    Smile AceTraderFx Apr 24: Daily Recommendations on Major -EUR/USD

    DAILY MARKET OUTLOOK on Major EUR/USD
    Update Time: 24 Apr 2015 01:00GMT

    EUR/USD - 1.0828
    Yesterday's intra-day rally from 1.0666 to 1.0846 confirms pullback from last Friday's high of 1.0849 has ended at 1.0660 Tuesday and consolidation with upside bias remains, break of said resistance would signal up move from last week's low at 1.0521 to retrace early fall from 1.1062 has resumed and extend gain to 1.0887 and then towards 1.0940/50 later.

    On the downside, only below 1.0732/33 would prolong choppy trading inside near term range of 1.0849-1.0660 and may yield weakness to 1.0690/00 but aforesaid support area at 1.0660-67 should remain intact.
    Last edited by AceTraderFX; 01-11-2016 at 10:55 PM.

  10. #20
    AceTraderFX is offline Senior Member
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    Smile AceTraderFx Apr 27: Daily Recommendations on Major -EUR/USD

    DAILY MARKET OUTLOOK on Major EUR/USD
    Update Time: 27 Apr 2015 01:18 GMT

    EUR/USD - 1.0865
    Euro's rally to a fresh 2-1/2 week peak at 1.0899 last Friday signals up move from April's bottom at 1.0521 has resumed and further gain to 1.0950/60 would be seen.
    However, reckon 1.1000 would cap upside due to near term loss of momentum and bring strong retreat later this week.

    On the downside, a daily close below 1.0785 would confirm a top is made and bring correction towards 1.0733 before prospect of a rebound.
    Last edited by AceTraderFX; 01-11-2016 at 10:55 PM.

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