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EURUSD bottomed and ready to 1.2000

khalidamassi Posted 26 Aug. as Analysis on EUR/USD, Target: 1.1915, Date: 1 von October, 12:00 GMT  in #Technical analysis #Daily Chart #EUR/USD #Support And Resistance #Monthly Chart #Weekly Chart #Pair Review #Expected Scenario #Bullish Scenario #Bearish Scenario
General outlook for the pair:
  • The pair moved in the last weeks between 1.1700 and 1.1300.
…
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khalidamassi 16 Sep.

USD lost ground last week but closed off lows, JOLTS Job Openings 6.94 M VS 6.68M expected, PPI m/m -0.1% VS +0.2% expected, CPI m/m +0.2% VS +0.3% expected, Core Retail Sales m/m +0.3% VS +0.5% expected, Prelim UoM Consumer Sentiment 100.8 VS 96.7 expected, next week focus will be on Empire State Manufacturing Index, Building Permits, Housing Starts and Philly Fed Manufacturing Index.

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khalidamassi 16 Sep.

ECB gave Eur the life as it hit 1.1700 but then closed near weekly open, still bullish but should hold above 1.1600.

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khalidamassi 23 Sep.

EUR performed well last week, Final CPI y/y came at 2.0% as expected, EU Flash Manufacturing PMI 53.3 VS 54.4 expected, EU Flash Services PMI 54.7 VS 54.5 expected, next week focus will be on German Ifo Business Climate, German Prelim CPI m/m, M3 Money Supply y/y and CPI Flash Estimate y/y.

in other hand,

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khalidamassi 23 Sep.

USD performed so worst last week, Empire State Manufacturing Index 19.0 VS 23.2 expected, Building Permits 1.23M VS 1.31M expected, Philly Fed Manufacturing Index 22.9 VS 17.5 expected, next week focus will be on CB Consumer Confidence, Federal Funds Rate, FOMC Statement, FOMC Economic Projections, Core Durable Goods Orders m/m, Final GDP q/q, Fed Chair Powell Speaks and Core PCE Price Index m/m.

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khalidamassi 23 Sep.

As expected pair broke above 1.1740 and still have momentum to break above 1.1850, 1.1900-1.2000 in the near view.

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EURUSD bottomed and ready to 1.2000

khalidamassi Posted 29 July as Analysis on EUR/USD, Target: 1.1915, Date: 3 von September, 12:00 GMT  in #Technical analysis #Daily Chart #EUR/USD #Support And Resistance #Monthly Chart #Weekly Chart #Pair Review #Expected Scenario #Bullish Scenario #Bearish Scenario
General outlook for the pair:
  • The pair moved in the last weeks between 1.1550 and 1.1800.
…
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khalidamassi 26 Aug.

After Trump speech about FED president and he should be cheap money machine, USD got hit, also especially after Trump lawyer about Trump violation during election, all of these give an ax for USD, next week with light data but any improvements from Trump may drive markets strongly.

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khalidamassi 26 Aug.

After recovery again above 1.1500, pair still expected to hit 1.2000 in the midterm view.

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khalidamassi 2 Sep.

EUR peformed mixed VS majors last week, German Ifo Business Climate 103.8 Vs 101.9 expected, German Prelim CPI m/m +0.1% as expected, German Retail Sales m/m -0.4% VS -0.1% expected and CPI Flash Estimate y/y 2.0% VS 2.1% expected, next week focus will be on German Buba President Weidmann Speaks and several Manufacturing and Services PMIS, in other hand,

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khalidamassi 2 Sep.

USD lost ground but pared most of last week losses, CB Consumer Confidence 133.4 VS 126.6 expected, Prelim GDP q/q 4.2% VS 4.0 expected, Core PCE Price Index m/m +0.2% as expected, Chicago PMI 63.6 VS 63.0 expected, next week focus will be on ISM Manufacturing PMI, ADP Non-Farm Employment Change, ISM Non-Manufacturing PMI, Non-Farm Employment Change and Average Hourly Earnings m/m.

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khalidamassi 2 Sep.

Pair failed around 1.1750, now holds around 1.1600, next week critical for bulls.

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EURUSD to reocover to 1.1900 next month

khalidamassi Posted 26 June as Analysis on EUR/USD, Target: 1.1915, Date: 1 von August, 12:00 GMT  in #Technical analysis #Daily Chart #EUR/USD #Support And Resistance #Monthly Chart #Weekly Chart #Pair Review #Expected Scenario #Bullish Scenario #Bearish Scenario
General outlook for the pair:
  • The pair moved in the last weeks between 1.1500 and 1.1850.
…
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khalidamassi 14 July

EUR performed well last week, Sentix Investor Confidence 12.1 VS 9.0 expected, German ZEW Economic Sentiment -24.7 VS -17.9 expected, next week focus will be on Trade Balance and Final CPI y/y, in other hand, USD performed well last week, JOLTS Job Openings 6.64M VS 6.88M expected, Core PPI m/m +0.3% VS +0.2% expected, CPI m/m +0.2% VS +0.2% expected, Prelim UoM Consumer Sentiment at 97.1 VS 98.1 expected, next week focus will be on Core Retail Sales m/m, Empire State Manufacturing Index, Fed Chair Powell Testifies and Building Permits.

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khalidamassi 14 July

Up and down but still found demand above 1.1600, pair still unable to make clear up move.

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khalidamassi 22 July

EUR performed well but in narrow pace last week, Trade Balance +16.9B VS 17.6B, Final CPI y/y +2.0% as expected, German PPI m/m +0.3% as expected, next week focus will be on Flash Manufacturing PMI, Flash Services PMI, German Ifo Business Climate, M3 Money Supply y/y and ECB Rate and Conference, in other hand,

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khalidamassi 22 July

USD pared most of last week gains and closed week in neagtive territory, Retail Sales m/m +0.5% VS +0.4% expected, Building Permits 1.27M VS 1.33M expected, Philly Fed Manufacturing Index 25.7 VS 21.6 expected, next week focus will be on Existing Home Sales, Core Durable Goods Orders m/m and Advance GDP q/q.

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khalidamassi 22 July

Failed again below 1.1600 and closed week and day around 1.1720, still bullish in the near time.

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EURUSD to close next month around 1.1900

khalidamassi Posted 27 May as Analysis on EUR/USD, Target: 1.1915, Date: 2 von July, 12:00 GMT  in #Technical analysis #Daily Chart #EUR/USD #Support And Resistance #Monthly Chart #Weekly Chart #Pair Review #Expected Scenario
General outlook for the pair:
  • The pair moved in the last weeks between 1.2100 and 1.1650.
…
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khalidamassi 24 June

EUR performed well last week, EU Flash Manufacturing PMI 55.0 as expected, EU Flash Services PMI 55.0 VS 53.7 expected, next week focus will be on German Ifo Business Climate, M3 Money Supply y/y and EU CPI Flash Estimate y/y, in other hand, USD performed well but lost all of week gains and closed week in negative, Building Permits 1.30M VS 1.35M expected, Existing Home Sales 5.43M VS 5.52M, Philly Fed Manufacturing Index 19.9 VS 28.9 expected, next week focus will be on CB Consumer Confidence, Core Durable Goods Orders m/m and Core PCE Price Index m/m.


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khalidamassi 24 June

Failed again to close below 1.1500, but pair should close next week above 1.1700 if bulls still in play.

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khalidamassi 1 July

EUR performed well last week, German Ifo Business Climate 101.8 VS 101.9 expected, M3 Money Supply y/y 4.0% VS 3.8% expected, German Prelim CPI m/m +0.1% VS +0.2% expected, EU Economic Summit reached to immigration deal, next week focus will be on EU Manufacturing PMIS and Final Services PMI, in other hand,

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khalidamassi 1 July

USD pared most of last week gains, CB Consumer Confidence 126.4 VS 127.6 expected, Core Durable Goods Orders m/m -0.3% VS +0.5% expected, Final GDP q/q at 2.0% VS 2.2% expected, Core PCE Price Index m/m +0.2% as expected but Personal Spending m/m +0.2% VS +0.4$ expected, next week focus will be on ISM Manufacturing PMI, ADP Non-Farm Employment Change and Non-Farm Employment Change.

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khalidamassi 1 July

1.1500 hold as major support till now, if pair closed above 1.1700 then to expect strong up rally.

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EURUSD still bullish aiming 1.2500 and above

khalidamassi Posted 25 Apr. as Analysis on EUR/USD, Target: 1.2523, Date: 1 von June, 12:00 GMT  in #Technical analysis #Daily Chart #EUR/USD #Support And Resistance #Monthly Chart #Weekly Chart #Pair Review #Expected Scenario
General outlook for the pair:
  • The pair moved in the last weeks between 1.2400 and 1.2150.
…
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khalidamassi 13 May

EUR did not perform well last week but erased most of week losses, Sentix Investor Confidence came at 19.2 VS 21.2 expected, German Industrial Production m/m came at 1.0% VS 0.8%, next week will be on German Prelim GDP q/q, Flash GDP q/q and German ZEW Economic Sentiment, in other hand, USD performed well last week but erased most of early week gains, JOLTS Job Openings came at 6.55 M VS 6.02M expected, CPI m/m came at +0.2% VS +0.3% expected, Core CPI at +0.1% VS +0.2 expected, next week focus will be on Retail Sales m/m, Building Permits and Philly Fed Manufacturing Index.

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khalidamassi 13 May

Still capped below 1.2000, should move and close above 1.2000 to turn bullish.

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khalidamassi 20 May

EUR performed worst last week as German Prelim GDP q/q at 0.3% VS 0.4%, German ZEW Economic Sentiment came at -8.2 VS -8.0 expected, next week all focus will be on Manufacturing ans services PMIS in EU and also release of ECB Monetary Policy Meeting Accounts, in other hand, USD performed well last week, retail sales came at 0.3% VS 0.5% expected, Empire State Manufacturing Index 20.1 VS expected 15.1, Building Permits came at 1.35M as expected, Philly Fed Manufacturing Index at 34.4 VS 21.1 expected, next week focus will be on FOMC Meeting Minutes and Durable Goods Orders m/m.

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khalidamassi 20 May

strong bearish below 1.2000, be careful.

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Yonggi7 28 May

Yes the bearish trend just continued until May May 25th

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EURSD still bullish aiming 1.3000 in the near time

khalidamassi Posted 29 Mar. as Analysis on EUR/USD, Target: 1.2884, Date: 1 von May, 12:00 GMT  in #Technical analysis #Daily Chart #EUR/USD #Support And Resistance #Monthly Chart #Weekly Chart #Pair Review #Expected Scenario
General outlook for the pair:
  • The pair moved in the last weeks between 1.2150 and 1.2500.
…
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khalidamassi 22 Apr.

EUR performed well last week, most EU data was softer last week, German ZEW came at -8.2 VS -0.8 expected, Final CPI at 1.3% VS 1.4% expected, next week focus will be on ECB meeting and press conference but be careful from PMIS data at week beginning, in other hand, USD performed well last week, better data was feature for US data as retails sales came at +0.6% VS +0.4% expected, Housing starts at 1.32 M VS 1.27M expected, industrial production came at 0.5% VS 0.3% expected, next week will be with important data, CB consumer Confidence, Durable goods orders and Advance GDP.

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khalidamassi 22 Apr.

Pair back again below 1.2300 near to daily/ weekly support, still bullish but need momentum.

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khalidamassi 29 Apr.

EUR performed worst last week, PMIS data ere mixed but positive in general, German IFO was 102.1 VS 102.7 expected, but really EUR disappointed from ECB conference which gave no hint about next ECB step or details about next ECB plan, next week focus will be on German CPI and EU GDP, in other hand,

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khalidamassi 29 Apr.

USD was the best last week as it benefited from strong data, Existing Home sales 5.6M VS 5.55M expected, CB Consumer Confidence at 128.7 VS 126.0, Durable Goods Order m/m at 2.6% VS 1.6% expected, Advance GDP came at 2.3% VS 2.0% expected, next week focus will be in FOMC meeting and then Non Farm employment data.

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khalidamassi 29 Apr.

Pair broke below 1.2150 but closed the week around it, be careful from false breakout.

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EURUSD bullish above 1.2200

khalidamassi Posted 24 Feb. as Analysis on EUR/USD, Target: 1.2568, Date: 2 von April, 12:00 GMT  in #Technical analysis #Daily Chart #EUR/USD #Support And Resistance #Monthly Chart #Weekly Chart #Pair Review #Expected Scenario
General outlook for the pair:
  • The pair moved in the last weeks between 1.2200 and 1.2550.
…
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khalidamassi 11 Mar.

EUR performed bad last week after ECB meeting as take profits happened for most majors VS EUR, EU Final Services PMI came at 56.2 VS 56.7, ECB seen still caution and this still put pressure on EUR movement, in other hand, USD performed mixed after strong NFP data with +313K but with lower wages and higher unemployment rate at 4.1% VS 4.0 expected, markets saw these data in reluctant view as wages not help and this means it still far from achieving inflation goal, next week, CPI data will be so important for USD.

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khalidamassi 11 Mar.

Pair moved between 1.2450 and 1.2270, with mild bearish signal, may play same range of last week.

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khalidamassi 18 Mar.

EUR performed mixed VS majors,  ECB Draghi did not give any new hint, CPI data still not encouraging as Final CPI Y/Y 1.1% VS 1.2% expected, next week EU PMI data and Germany ZEW indicator will be  the most effected EU news, in other hand, USD performed well closed week advanced Vs most majors, US data last week were near expectation, CPI data were as expected, retail sales with no surprise but markets still priced 0.25 rate hike next Wednesday, all eyes will be on FOMC statement next week and especially on Dot Plot view.

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khalidamassi 18 Mar.

Pair still reluctant to make a direction, still seen under pressure in the coming days, but should break below 1.2160 to confirm any bearish direction.

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khalidamassi 26 Mar.

1.2200 still magical support for the pair so it is time issue to see the pair above 1.2500.

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EURUSD still bullish aiming 1.3000 in the next weeks

khalidamassi Posted 29 Jan. as Analysis on EUR/USD, Target: 1.2568, Date: 1 von March, 12:00 GMT  in #Technical analysis #Eurusd #Daily Chart #EUR/USD #Support And Resistance #Weekly Chart #Pair Review #Expected Scenario
General outlook for the pair:
  • The pair moved in the last weeks between 1.1550 and 1.2550.
  • The pair is expected to move in the next month between 1.2150 and 1.2900 as it faces clusters of daily/weekly tops and bottoms.

Pair recent direction : Up
Expected rate of the pair 1st of March, 12:00 GMT: 1.2568
Expected market sentiment: Bullish
Chart of major support (S) and resistance (R):

Weekly chart
Chart of expected scenario:

Daily chart
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khalidamassi 18 Feb.

EUR performed well last week as EU data still help, German GDP still surge at +0.6%, EU flash GDP still at highest level at +0.6%, Trade balance still at highest levels and higher Eu still not affecting trade balance numbers, In other hand, USD did not perform well despite of strong US data, as USD CPI came at +0.5% VS +0.3% expected,Core CPI +0.3% VS +0.2%, Housing starts numbers jumped, building permits also jumped and import priced surged +1%, but all of this did not help USD which faces technical difficulties.

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khalidamassi 18 Feb.

As expected 1.2200 support and hold and sent pair to hit yearly top around 1.2500 which now is critical level which should be broken up to continue bullish.

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khalidamassi 25 Feb.

EUR tried to holds last week gains but EU flash manufacturing and services failed to keep Eur strong as most data came below expectation, also no surprise from final EU CPI data which came at 1.3% as expected filed to fuel EUR. Next week, just take care of last month Germany and EU CPI which will mostly affect EUR, in other hand, In general last week was quiet for major pairs, USD moved a little up as dollar index (DXY) opened the week at 89.00 and closed at at 0.8980 with minor gains,

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khalidamassi 25 Feb.

these gains came with FOMC meeting minutes which implied that stronger economy boosts chance for interest rate hike, unemployment claims came at 222.00K Vs 229.00K expected, next week will be critical for USD as FED Chair Powell testifies and with quarter GDP.

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khalidamassi 25 Feb.

Pair failed again around 1.2500 and fell to 1.2300 and 1.2200 still strong buying opportunity.

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EURUSD seemed topped and ready for falling

khalidamassi Posted 26 Dec. as Analysis on EUR/USD, Target: 1.1265, Date: 1 von February, 12:00 GMT  in #Technical analysis #Daily Chart #EUR/USD #Support And Resistance #Weekly Chart #Pair Review #Expected Scenario
General outlook for the pair:
  • The pair moved in the last weeks between 1.1550 and 1.1950 .
  • The pair is expected to move in the next month between 1.2100 and 1.1100 as it faces clusters of daily/weekly tops and bottoms.

Pair recent direction : Range

Expected rate of the pair 1st of February, 12:00 GMT: 1.1265
Expected market sentiment: Bearish
Chart of major support (S) and resistance (R):

Weekly chart
Chart of expected scenario:

Daily chart
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khalidamassi 7 Jan.

Pair moved above 1.2000 but till now able to break above 2017 high at 1.2093,next week so critcal for pair.

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khalidamassi 14 Jan.

Euro performed very well last week as more good data came from EU economy, more strong EU data and finally Grand coalitions in Germany, Germany looked to work with Macron France to strengthen euro zone economy and reforms, all of this send euro to highest level in 3years, In other hand, US dollar last week felt sharply and closed the week at the lowest level in 3 years, Most Us data was near expectation with no significant harm but USD seemed felt sharply due to lower differential yields which play in favor of currencies against USD.

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khalidamassi 14 Jan.

Pair broke 2017 high and hit 3 year high at 1.2200, only clear close below 1.2050 open the door for bears again.

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khalidamassi 21 Jan.

Euro performed mixed as more good data came from EU economy, more strong EU data but no clear Grand coalitions in Germany as there is opposition in SPD party which is expected to make final decision on Sunday 21/01, Germany Merkel fate at the decision of SPD, Euro will be affected, In other hand, US dollar last week continued falling but in narrow range after last week collapse, USD still under pressure due to US government shutdown expectation and due to technical difficulties for USD against majors.

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khalidamassi 21 Jan.

Pair hit 1.2320 and then falling towrads 1.2200, till now, pair hold last gains but next week is critical if pair still capped by 1.2300.

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EURUSD topped and ready for free fall

khalidamassi Posted 30 Nov. as Analysis on EUR/USD, Target: 1.1265, Date: 2 von January, 12:00 GMT  in #Technical analysis #Daily Chart #EUR/USD #Support And Resistance #Weekly Chart #Pair Review #Expected Scenario
General outlook for the pair:
  • The pair moved in the last weeks between 1.1550 and 1.2100.
  • The pair is expected to move in the next month between 1.2000 and 1.1100 as it faces clusters of daily/weekly tops and bottoms.

Pair recent direction : range

Expected rate of the pair 2nd of January, 12:00 GMT: 1.1265
Expected market sentiment: Bearish

Chart of major support (S) and resistance (R):

Weekly chart
Chart of expected scenario:

Daily chart
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khalidamassi 10 Dec.

1.1950 still ultimate resistance for pair as it fell again towtds 1.1750, pair still seen moving in range as no clear direction appeared.

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khalidamassi 17 Dec.

Euro hold steady last week after some improvement of ECB projections, EU data still so solid, In other hand,USD got a hit at last FOMC meeting after warning about inflation development but then got a boost after news that new tax code is going ahead and very near to appear.

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khalidamassi 17 Dec.

The pair failed again to break above 1.1860 and closed the week around 1.1750 which considred bearish signal.

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khalidamassi 24 Dec.

Euro performed well last week as more good data came from EU economy, Catalonia Vote did not affect euro so much, ECB speakers spoke loudly last week at QE end after the last 9 month extension, In other hand, US dollar last week did not performed well despite of Trump approval of tax law, till now USD seemed not benefited from the tax cut and may be yearend was not in favor for USD.

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khalidamassi 24 Dec.

The same of last week, pair moved between 1.1740 and 1.1900 before closing at 1.1860, close above 1.1900 open the door for 1.2050.

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