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EURUSD at Resistance

Posted on July 19, 2020 Written by Chart Prophet

EURUSD: the 1/2R Resistance (off 2017 low) was again approached this week, see probe in March. Price printing time above this level would put EURUSD in a stronger position with next Resistance at the Value Area High at 1.1681

Filed Under: EURUSD

EUR to USD in weak position

Posted on January 26, 2020 Written by Chart Prophet

EUR to USD ended the week below Support. Earlier in the month there was a rejected probe above 1.1216, the major poc Resistance. EURUSD declined from there and ended the week below 1.1058, the 1/2Range off October low, in a weak position.

Filed Under: EURUSD

EURUSD breaking major Support today

Posted on March 7, 2019 Written by Chart Prophet

Filed Under: EURUSD

EURUSD major poc migrates

Posted on February 24, 2019 Written by Chart Prophet

this week the Major controlling price migrated back down to 1.1310. This is now Major Support and price below this level would be a weak position for EURUSD.

Filed Under: EURUSD

EURUSD bounced from Support

Posted on January 26, 2019 Written by Chart Prophet

EURUSD tested the Support at 1.1310 again this week (previously a major controlling price) and bounced.

Filed Under: EURUSD

EURUSD chart

Posted on January 19, 2019 Written by Chart Prophet

EURUSD chart is currently printing below 1.1450, the 1/2R. Support at 1.1310 (previously a major poc).

Filed Under: EURUSD

Are safe haven charts providing any clues for equities?

Posted on January 9, 2019 Written by Chart Prophet

Are safe haven charts providing any clues for equities? U.S. Dollar The U.S. dollar is often a safe-haven in times of stress. Stocks have fallen since September and the US Dollar Index has surged. What is interesting right now is the fact that a reversal for the dollar versus GBP and EUR is looking like […]

Filed Under: EURUSD, GBPUSD, Gold, TLT

EURUSD 28th December 2018

Posted on December 28, 2018 Written by Chart Prophet

EURUSD is having a problem printing above 1.1450, the 1/2R but is being Supported by the 1.1310 level (previously a major controlling price). Time above that 1/2R would indicate strength.

Filed Under: EURUSD

EURUSD weak pattern

Posted on November 30, 2018 Written by Chart Prophet

EURUSD consolidating below a major 1/2R. That’s a weak pattern.

Filed Under: EURUSD

EURUSD in weak position

Posted on October 25, 2018 Written by Chart Prophet

EURUSD is in a weak position below the minor half range off the August low suggesting that low will be re-tested.

Filed Under: EURUSD

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