Everest Markets Daily Technical Strategies (Major pairs)

[DavidWarren]

Wednesday, September 11, 2013

Everest Markets Daily EUR/USD Pair Review

EUR/USD intraday: the upside prevails.

Pivot: 1.3215.

Our preference: LONG positions above 1.3215 with 1.329 & 1.3315 as next targets.

Alternative scenario: The downside breakout of 1.3215 will open the way to 1.319 & 1.3155.

Comment: the pair is facing a pull back on its support ahead of further advance.

 

[DavidWarren]

Monday, September 16, 2013

Everest Markets Daily EUR/USD Pair Review

EUR/USD intraday: further advance.

Pivot: 1.3310.

Our preference: LONG positions above 1.331 with targets @ 1.339 & 1.341.

Alternative scenario: The downside penetration of 1.331 will call for 1.325 & 1.322.

Comment: the pair stands above its new support and remains on the upside.

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[DavidWarren]

Friday, September 20, 2013

Everest Markets Daily EUR/USD Pair Review

EUR/USD intraday: the upside prevails.

Pivot: 1.3495.

Our preference: LONG positions above 1.3495 with 1.358 & 1.3615 in sight.

Alternative scenario: The downside penetration of 1.3495 will call for a slide towards 1.345 & 1.34.

Comment: the pair stands above its new support and remains on the upside.


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[DavidWarren]

Wednesday, September 25, 2013

Everest Markets Daily EUR/USD Pair Review

EUR/USD intraday: the downside prevails.

Pivot: 1.3520.

Our preference: SHORT positions below 1.352 with 1.345 & 1.3425 in sight.

Alternative scenario: The upside penetration of 1.352 will call for a rebound towards 1.355 & 1.358.

Comment: the pair remains under pressure and is challenging its support.

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[DavidWarren]

Thursday, September 26, 2013

Everest Markets Daily EUR/USD Pair Review

EUR/USD intraday: bullish bias above 1.349

Pivot: 1.3490.

Our preference: LONG positions above 1.349 with targets @ 1.355 & 1.357.

Alternative scenario: The downside penetration of 1.349 will call for 1.3455 & 1.3425.

Comment: the pair stands above its new support and remains on the upside.

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[DavidWarren]

Friday, October 4, 2013

Everest Markets Daily EUR/USD Pair Review

EUR/USD intraday: further upside.

Pivot: 1.3570.

Our preference: LONG positions above 1.357 with targets @ 1.3645 & 1.367.

Alternative scenario: The downside penetration of 1.357 will call for a slide towards 1.354 & 1.3505.

Comment: the pair stands above its new support and remains on the upside.

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[DavidWarren]

Wednesday, October 9, 2013

Everest Markets Daily EUR/USD Pair Review

EUR/USD intraday: intraday support around 1.3555

Pivot: 1.3555.

Our preference: LONG positions above 1.3555 with 1.3605 & 1.363 in sight.

Alternative scenario: The downside penetration of 1.3555 will call for 1.3535 & 1.3505.

Comment: the pair is facing a pull back on its support ahead of a rebound.

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[DavidWarren]

Thursday, October 10, 2013

Everest Markets Daily EUR/USD Pair Review

EUR/USD intraday: the downside prevails.

Pivot: 1.3530.

Our preference: SHORT positions below 1.353 with 1.347 & 1.3455 in sight.

Alternative scenario: The upside penetration of 1.353 will call for 1.3555 & 1.3585.

Comment: the pair stands below its resistance and remains under pressure.

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