Steve Miley is - The Market Chartist

Financial Market Technical Chart Blogs from Steve Miley - The Market Chartist

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Tags
    Tags Displays a list of tags that have been used in the blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Team Blogs
    Team Blogs Find your favorite team blogs here.
  • Login
    Login Login form

EURUSD Bear Risk Still Lower for 1.3105 (1.3020/00 into Early September)

Posted by on in FX Chart Updates
  • Font size: Larger Smaller
  • Hits: 737
  • 0 Comments
  • Print
EURUSD Bear Risk Still Lower for 1.3105 (1.3020/00 into Early September)

EURUSD bear bias

·         A breakdown through the recent cycle low to end the week and month as we had flagged and expected to maintains bearish pressures into September from the previous erosion of important supports from the 2013-14 bull run.

·         We still see early September risk to the 1.3105 swing low from September 2013.

·         Overshoot threat for early September is lower, for the 78.6% retrace of the 2013-14 rally at 1.3020 and 1.3000.

WHAT CHANGES THIS?

·         Above 1.3221 eases bear risks; through 1.3298 signals a neutral tone, only shifting positive above 1.3445.

Download our full report with latest screencast & levels here: http://members.marketchartist.com/Daily/EURUSD.pdf

 

4 Hour EURUSD Chart

b2ap3_thumbnail_EURUSD1_20140901-054354_1.png

 

Daily EURUSD Chart

b2ap3_thumbnail_EURUSD2_20140901-054401_1.png

Last modified on
Rate this blog entry:
0
Tagged in: Euro EURUSD Forex FX USD

Steve Miley is The Market Chartist and has over two decades of financial market experience with him. He spent 2009-2012 as a Director of the FX Technical Analysis Research Strategy team at Credit Suisse and was previously at Merrill Lynch for 15 years; 10 years as a technical analyst, 5 years in Fixed Income sales.


He was 2013 winner of the Technical Analyst Magazine Award for Best Independent Fixed Income Research & Strategy, Runner Up for the same award in 2014 and was the winner of Best FX Research & Strategy 2012 (at Credit Suisse).


Steve is a Member of the Society of Technical Analysts (MSTA) and holds a Masters Degree in Politics, Philosophy & Economics from Lincoln College, Oxford University.


Steve has covered all major asset classes including Rates & Credit, G10 & EM currencies, Equity Indices & Sectors and Commodities and has strong relationships across the institutional financial trading spectrum, including Central Banks, Real Money accounts, Hedge Funds and other Global Corporates.

Comments

Affiliates

  • affiliatelogos.png

    affiliatelogos.png

    http://www.marketchartist.com/images/ju_cached_images/affiliatelogos_0dd0698129febe7a7f50dd2279878ab6_90x50.resized.png

Clients

  • users1.png
    http://www.marketchartist.com/images/ju_cached_images/users1_00e523e7fd03fae1d0fb6c1d94bca6bd_90x50.resized.png
  • users2.png
    http://www.marketchartist.com/images/ju_cached_images/users2_e7bcf72e027318698507bc6d5c761f46_90x50.resized.png
  • users3.png
    http://www.marketchartist.com/images/ju_cached_images/users3_9afdb4dd4719675b88b5a560258e415d_90x50.resized.png
  • users4.png
    http://www.marketchartist.com/images/ju_cached_images/users4_979d06a8228e7e19e3d1617d94264ddb_90x50.resized.png

IMPORTANT NOTES

Holiday and cessation of service: 7th-23rd August 2017

Hi Market Chartist Users and Trialists, The Market Chartist reports will be paused for just over 2 weeks, whilst we take a vacation.

The last report will be on Friday 4th August, with service resuming on Thursday 24th August.We wish you successful trading in our absence