EUR/USD – Currency exchange rate forecast 22.08.2019: rebound.

EUR/USD - Currency exchange rate forecast 22.08.2019: rebound.

Long positions above 1.1075 with targets at 1.1105 & 1.1115 in extension.

Pivot: 1.1075

Our preference: long positions above 1.1075 with targets at 1.1105 & 1.1115 in extension.

Alternative scenario: below 1.1075 look for further downside with 1.1060 & 1.1050 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

1.1130

1.1115

1.1105

1.1093 Last

1.1075

1.1060

1.1050

EUR/USD – Currency exchange rate forecast 21.08.2019: the bias remains bullish.

EUR/USD - Currency exchange rate forecast 21.08.2019: the bias remains bullish.

Long positions above 1.1085 with targets at 1.1110 & 1.1120 in extension.

Pivot: 1.1085

Our preference: long positions above 1.1085 with targets at 1.1110 & 1.1120 in extension.

Alternative scenario: below 1.1085 look for further downside with 1.1075 & 1.1065 as targets.

Comment: the RSI is mixed to bullish.

Supports and resistances:

1.1140

1.1120

1.1110

1.1097 Last

1.1085

1.1075

1.1065

EUR/USD Currency exchange rate forecast 19.08.2019: intraday support around 1.1085.

EUR/USD Currency exchange rate forecast 19.08.2019: intraday support around 1.1085.

Long positions above 1.1085 with targets at 1.1115 & 1.1135 in extension.

Pivot: 1.1085

Our preference: long positions above 1.1085 with targets at 1.1115 & 1.1135 in extension.

Alternative scenario: below 1.1085 look for further downside with 1.1065 & 1.1050 as targets.

Comment: the RSI is mixed to bullish.

Supports and resistances:

1.1160

1.1135

1.1115

1.1092 Last

1.1085

1.1065

1.1050

EUR/USD Currency exchange rate forecast 16.08.2019: under pressure.

EUR/USD Currency exchange rate forecast 16.08.2019: under pressure.

Short positions below 1.1230 with targets at 1.1025 & 1.0950 in extension.

Pivot: 1.1230

Our preference: short positions below 1.1230 with targets at 1.1025 & 1.0950 in extension.

Alternative scenario: above 1.1230 look for further upside with 1.1280 & 1.1350 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:

1.1350 ***

1.1280 ***

1.1230 ***

1.1100 Last

1.1025 ***

1.0950 **

1.0870 ***

EUR/USD Currency exchange rate forecast 15.08.2019: consolidation.

EUR/USD Currency exchange rate forecast 15.08.2019: consolidation.

Short positions below 1.1165 with targets at 1.1130 & 1.1110 in extension.

Pivot: 1.1165

Our preference: short positions below 1.1165 with targets at 1.1130 & 1.1110 in extension.

Alternative scenario: above 1.1165 look for further upside with 1.1185 & 1.1210 as targets.

Comment: the RSI lacks upward momentum.

Supports and resistances:

1.1210

1.1185

1.1165

1.1157 Last

1.1130

1.1110

1.1095

EUR/USD Currency exchange rate forecast 14.08.2019: under pressure.

EUR/USD Currency exchange rate forecast 14.08.2019: under pressure.

Short positions below 1.1190 with targets at 1.1140 & 1.1120 in extension.

Pivot: 1.1190

Our preference: short positions below 1.1190 with targets at 1.1140 & 1.1120 in extension.

Alternative scenario: above 1.1190 look for further upside with 1.1210 & 1.1230 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:

1.1230

1.1210

1.1190

1.1158 Last

1.1140

1.1120

1.1095

EUR/USD – Currency exchange rate forecast 07.08.2019: turning down

EUR/USD - Currency exchange rate forecast 07.08.2019: turning down

Short positions below 1.1235 with targets at 1.1180 & 1.1155 in extension.

Pivot: 1.1235

Our preference: short positions below 1.1235 with targets at 1.1180 & 1.1155 in extension.

Alternative scenario: above 1.1235 look for further upside with 1.1265 & 1.1285 as targets.

Comment: the RSI is bearish and calls for further decline.

Supports and resistances:

1.1285

1.1265

1.1235

1.1202 Last

1.1180

1.1155

1.1120

EUR/USD – Currency exchange rate forecast 05.07.2019: further upside

EUR/USD - Currency exchange rate forecast 05.07.2019: further upside

Long positions above 1.1185 with targets at 1.1225 & 1.1245 in extension.

Pivot: 1.1185

Our preference: long positions above 1.1185 with targets at 1.1225 & 1.1245 in extension.

Alternative scenario: below 1.1185 look for further downside with 1.1155 & 1.1130 as targets.

Comment: the RSI advocates for further advance.

Supports and resistances:

1.1265

1.1245

1.1225

1.1210 Last

1.1185

1.1155

1.1130

EUR/USD – Currency exchange rate forecast 03.07.2019: under pressure

EUR/USD - Currency exchange rate forecast 03.07.2019: under pressure

Short positions below 1.1310 with targets at 1.1250 & 1.1230 in extension.

Pivot: 1.1310

Our preference: short positions below 1.1310 with targets at 1.1250 & 1.1230 in extension.

Alternative scenario: above 1.1310 look for further upside with 1.1335 & 1.1355 as targets.

Comment: the RSI is mixed to bearish.

Supports and resistances:

1.1355

1.1335

1.1310

1.1278 Last

1.1250

1.1230

1.1210

EUR/USD – Currency exchange rate forecast 02.07.2019: the downside prevails

EUR/USD - Currency exchange rate forecast 02.07.2019: the downside prevails

Short positions below 1.1320 with targets at 1.1275 & 1.1255 in extension.

Pivot: 1.1320

Our preference: short positions below 1.1320 with targets at 1.1275 & 1.1255 in extension.

Alternative scenario: above 1.1320 look for further upside with 1.1350 & 1.1365 as targets.

Comment: as long as 1.1320 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.1365

1.1350

1.1320

1.1296 Last

1.1275

1.1255

1.1240