EUR 06 (Sep 12 - Dec 23)

[winston]

EUR/USD: 1.08851 versus 1.0928.

Euro undercut the June low Thursday and Friday.

Source: Investment House

[winston]

EUR/USD: 1.09860 versus 1.08963.

Euro surged upside off the 3 week plunge to a lower low.

Source: Investment House

[winston]

EUR/USD: 1.11406 versus 1.11059.

Big upside week for the euro and it continued Friday, moving through the 50 day SMA.

Now let's get this straight, supposedly solid economic data, Fed ready to hike rates, yet the euro is running against the dollar.

Doesn't add up.

Source: Investment House

[winston]

EUR/USD: 1.0858 versus 1.08898.

Euro bombed Wednesday to Friday but managed to hold at the late October low on the Friday close.

Perhaps a bounce is in order.

Source: Investment House

[behappyalways]

大棋局：歐元風暴蠢蠢欲動
http://hk.apple.nextmedia.com/financees ... 1480310110

[winston]

EUR/USD: 1.06638 versus 1.06631.

Modest 2 week recovery up to the 20 day EMA but still in a major downtrend.

[winston]

EUR/USD: 1.05346 versus 1.05837.

After surging to the 50 day EMA Thursday, the euro backed off Friday.

This is where it failed in early December.

[winston]

Potential for euro to rally

by Nicole Elliott

On Friday, the euro closed clearly above US$1.07 to complete a rounded base against the US$1.035 level, back inside the massive symmetrical triangle that has dominated for the past two years, marking a very significant change in the trend to euro weakness against the dollar since 2008.

Both implied and historical volatility are low, as is so often the case at market bottoms, while momentum has yet to turn bullish despite the seven consecutive weekly rallies.

Capped last week by the 26-week moving average – yet supported by the nine-week one – the Ichimoku cloud system shows no signs of turning bullish.

On the other hand, there is little to stop a burst higher between now and the end of this quarter.

Source: SCMP

http://www.scmp.com/business/global-eco ... euro-rally

[winston]

EUR/USD: 1.06411 versus 1.06557.

After the December through January euro rally, the common currency faded back to the 50 day SMA on the week.

Pretty decent test of the move from the look of it.

Source: Investment House

[winston]

EUR/USD: 1.06108 versus 1.0665.

Euro sold on the week but then bounced Wednesday and Thursday to recover the 50 day MA's.

Friday another weak session coughed up those levels.

Source: Investment House