EURUSD

**PCMNewsdesk** · 07-12-2016, 05:10 AM

There is no new information in terms of the wave structure or sentiment that would indicate a change of stance in our analysis of the [U.S. Dollar Index] and the [Euro]. Intermediate wave (5) started at the 91.919 low on May 3 in the U.S. dollar and should carry prices to new highs. The key level for the bullish case remains the May 3 low. The euro should decline below the 1.0910 low on June 24 to complete Minor wave D of Intermediate wave (B). If prices close above 1.1211, the rising trendline from December, it would suggest that Minor wave E may already be underway.

**PCMNewsdesk** · 07-14-2016, 08:24 AM

We see no new evidence in terms of the wave structure or sentiment that would indicate a change of stance in our analysis of the [U.S. Dollar Index] and the [Euro]. The same scenarios that we’ve discussed remain intact. Intermediate wave (5) started at the 91.919 low on May 3 in the U.S. dollar and should carry prices to new highs. The key level for the bullish case remains the May 3 low. The euro should decline below the 1.0910 low on June 24 to complete Minor wave D of Intermediate wave (B). If prices close above 1.1220, the rising trendline from December, it would suggest that Minor wave E may already be underway.

**PCMNewsdesk** · 07-16-2016, 11:15 AM

The short term wave development in the [U.S. Dollar Index] and the [Euro] has slowed to a crawl. Still, our forecasts for each currency remains intact. Intermediate wave (5) started at the 91.919 low on May 3 in the U.S. dollar and should carry prices to new highs. The key level for the bullish case remains the May 3 low. The euro should decline below the 1.0910 low on June 24 to complete Minor wave D of Intermediate wave (B). If prices close above 1.1222, the rising trendline from December, it would suggest that Minor wave E may already be underway.

**PCMNewsdesk** · 07-19-2016, 06:05 AM

There are no new developments that alter our forecast for the [U.S. Dollar Index] or the [Euro]. The U.S. dollar started Intermediate wave (5) at the 91.919 low on May 3. This wave of advance should carry prices to new highs. The key level for the bullish case remains the May 3 low. The euro should decline below the 1.0910 low on June 24 to complete Minor wave D of Intermediate wave (B), as shown on the chart. If prices close above 1.1228, the rising trendline from December, it would suggest that Minor wave E is already underway.

**Beni** · 07-04-2018, 05:58 PM

EUR/USD Technical Analysis: EUR/USD supported at 1.1640 after bear slide

Spot rate: 1.1643
Relative change: -0.13%
High: 1.1682
Low: 1.1630

Trend: Neutral

Resistance 1: 1.1672 June 27 high
Resistance 2: 1.1700 figure
Resistance 3: 1.1730, 23.6% Fibonacci retracement from mid-April-May bear move
Resistance 4: 1.1800 figure

Support 1: 1.1640 supply/demand level
Support 2: 1.1600 figure
Support 3: 1.1560 June 14 low
Support 4: 1.1527 last week’s low
Support 5: 1.1508 current 2018 low