Analysis for EURUSD 28 Sep – 2 Oct

Previous Week (14 – 18 Sep)

O: 1.4577 H: 1.4767 L: 1.4515 C: 1.4703

Last Week (21 – 25 Sep)

O: 1.4702 H: 1.4844 L: 1.4610 C: 1.4668

Weekly

Daily

Hourly

Expected for this week:

• We will be looking for a stronger dollar this week and possibly a weaker Euro.
• However, the uptrend has held well and we may even revisit 1.4730 before we see a significant move down.
• PA has worked well for this pair so the resistance levels will be watched for selling on spikes.
• If we do get to 1.48 however, watch for a possible triple top at 1.4845.
• There are a number of fundamentals for this week so we may also expect a volatile week.

Resistance: 1.4891, 1.4845, 1.4759, 1.4724, 1.4691

Support: 1.4664, 1.4622, 1.4580, 1.4511, 1.442

Fundamentals:

Mon – NY session Tue - NY Session Wed –Euro/ NY Session Thu - NY Session Fri – NY Session