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EURUSD
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EURUSD Technical Analysis

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Daily technical analysis based trade tips and ideas for forex EURUSD. Our report outlines clear and precise trade entry levels with profit targets and stop loss levels across a broad range of prices for the intraday. To gain an edge in the markets, successful professional traders need a daily trading plan and must be aware of important support and resistance levels. We ensure you are fully prepared to maximise profitable trading opportunities throughout each day, minimising your risk, maximising your profits and taking away the element of gambling.



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EURUSD - Spot
EURUSD held good support at 1.0615/05 & finally recovered to the first 2 targets of 1.0640/45 & 1.0670/75. We topped exactly here.

Outlook remains positive.
Today's Analysis
18 April 2017 Updated at 01:37am GMT
EURUSD holding above 1.0640/45 keeps the short term bull trend in tact to target 1.0670/75 then first resistance at 1.0690/99. A good area for some profit taking on longs but shorts are way too risky. Be ready to buy a break above if not already long to target 1.0735/40 & perhaps as far as strong resistance at 1.0770/80. Exit all remaining longs.

Good support at 1.0615/10 again today. Longs need stops below 1.0570. A break lower sees 1.0610/20 act as resistance to target less important Fibonacci support at 1.0555/50. If we continue lower look for 1.0525/20 before the February/March low at 1.0492.
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Technical Analysis EURUSD
SEEN ENOUGH?