eur-usd
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- Nov, 20 Euro / US Dollar
- Nov, 19 Euro / US Dollar
- Nov, 18 Euro / US Dollar
- Nov, 17 Euro / US Dollar
- Nov, 16 Dollar Continues to Weaken; Euro Threatening Highs....Again
- Nov, 13 Euro / US Dollar
- Nov, 12 Euro / US Dollar
- Nov, 11 Moment of Truth for Euro / Dollar
- Nov, 10 Dollar Little Changed Following Week Opening Decline
- Nov, 09 Euro / US Dollar
- Nov, 06 Dollar Declines but Key Levels Remain Intact
- Nov, 05 Euro May Have Established Corrective High
- Nov, 03 Euro / US Dollar
- Oct, 30 Euro / US Dollar
- Oct, 29 Euro / US Dollar
- Oct, 28 Euro / US Dollar
- Oct, 27 Euro / US Dollar
- Oct, 26 Euro / US Dollar
- Oct, 23 Euro / US Dollar
- Oct, 23 Euro / US Dollar
Parallel channel support and the 50 day SMA have held in the EURUSD, which keeps the larger uptrend intact at least for the time being. Momentum diverged during the rallies from 1.3747 and 1.4480, which is one reason I feel that the 5th wave labeling (2 different degrees) are correct. There is potential resistance at 1.4845, 1.4900, and 1.4945.
Jamie Saettele publishes Daily Technicals every weekday morning, COT analysis (published Friday evenings), technical analysis of currency crosses on Monday, Wednesday, and Friday (Euro and Yen crosses), and intraday trading strategy as market action dictates. He is the author of Sentiment in the Forex Market. Follow his intraday market commentary and trades at DailyFX Forex Stream. Send requests to receive his reports via email to jsaettele@dailyfx.com.
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