London session: Daily EUR/USD analysis

**Alejandro Zambrano** · 10-26-2010, 04:15 AM

EUR/USD October 26, 2010

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EUR/USD 60 min chart

Regards

Alejandro Zambrano
Currency Strategist | DailyFX Forum (London)
azambrano@fxcm.com

**Alejandro Zambrano** · 10-26-2010, 01:31 PM

EUR/USD London session review and outlook, October 26, 2010

Regards

Alejandro Zambrano
Currency Strategist | DailyFX Forum (London)
azambrano@fxcm.com

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**Alejandro Zambrano** · 10-27-2010, 04:55 AM

EUR/USD October 27, 2010

EUR/USD is trending lower and as long as corrections against the trend stay below 1,3880-1,3900 then we need to assume that price will continue to fall and reach toady's S2 level at 1,3730. If EUR/USD instead trades above 1,3900 then the down trend would fail and we need to assume that price will try to reach 1,3950.

EUR/USD 60 min chart

Regards

Alejandro Zambrano
Currency Strategist | DailyFX Forum (London)
azambrano@fxcm.com

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**Alejandro Zambrano** · 10-27-2010, 12:27 PM

EUR/USD London session review and outlook, October 27, 2010

Regards

Alejandro Zambrano
Currency Strategist | DailyFX Forum (London)
azambrano@fxcm.com

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**Alejandro Zambrano** · 10-28-2010, 04:03 AM

EUR/USD October 28, 2010
EUR/USD reached yesterdays S2 level which happened to be the low of the day and our price target. Today EUR/USD seems to be ready to correct some of its downturn from 1.4075 to 1.3735. We see this move play out as long as price trades above 1.3775; a potential target in this case is the area of 1.3900.

If price drops below 1.3775 we assume that EUR/USD will probably continue to fall and reach 1.37 and 1.3650 in the case of an extension.

EUR/USD 60 min chart

Regards

Alejandro Zambrano
Currency Strategist | DailyFX Forum (London)
azambrano@fxcm.com

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**Alejandro Zambrano** · 10-28-2010, 01:25 PM

EUR/USD London session review and outlook, October 28, 2010

Regards

Alejandro Zambrano
Currency Strategist | DailyFX Forum (London)
azambrano@fxcm.com

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**Alejandro Zambrano** · 10-29-2010, 04:40 AM

EUR/USD October 29, 2010

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EUR/USD 60 min chart

Regards

Alejandro Zambrano
Currency Strategist | DailyFX Forum (London)
azambrano@fxcm.com

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**Alejandro Zambrano** · 10-29-2010, 02:01 PM

EUR/USD London session review and outlook, October 29, 2010

Regards

Alejandro Zambrano
Currency Strategist | DailyFX Forum (London)
azambrano@fxcm.com

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**Alejandro Zambrano** · 11-01-2010, 05:27 AM

EUR/USD November 1, 2010

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If prices trade below 1.3865 then the short term up trend fails and we need to assume that price will continue to fall. A price level that price might hit in this case is today's S2 level at 1.3745.

EUR/USD 60 min chart

Regards

Alejandro Zambrano
Currency Strategist | DailyFX Forum (London)
azambrano@fxcm.com

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**Alejandro Zambrano** · 11-01-2010, 01:09 PM

EUR/USD London session review and outlook, November 2, 2010

Regards

Alejandro Zambrano
Currency Strategist | DailyFX Forum (London)
azambrano@fxcm.com

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**Alejandro Zambrano** · 11-02-2010, 04:44 AM

EUR/USD November 2, 2010

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If price would fall below 1.3875 then the very short term uptrend fails and we need to assume that price will try to reach 1.3830 which is today's S1 level and 1.38 in the case of an extension.

EUR/USD 60 min chart

Regards

Alejandro Zambrano
Currency Strategist | DailyFX Forum (London)
azambrano@fxcm.com

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**Alejandro Zambrano** · 11-02-2010, 02:32 PM

EUR/USD London session review and outlook, November 2, 2010

Regards

Alejandro Zambrano
Currency Strategist | DailyFX Forum (London)
azambrano@fxcm.com

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**Alejandro Zambrano** · 11-03-2010, 04:41 AM

EUR/USD November 3, 2010

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If EUR/USD falls below 1.3990 then we need to assume that price will continue to descend and reach today's S1 level at 1.3920.

EUR/USD 30 min chart

Regards

Alejandro Zambrano
Currency Strategist | DailyFX Forum (London)
azambrano@fxcm.com

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**Alejandro Zambrano** · 11-03-2010, 01:19 PM

EUR/USD London session review and outlook, November 3, 2010

Regards

Alejandro Zambrano
Currency Strategist | DailyFX Forum (London)
azambrano@fxcm.com

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**Alejandro Zambrano** · 11-04-2010, 05:33 AM

EUR/USD November 4, 2010

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Today the price is overbought in the short run but after a correction down to circa 1.4150-1.42 we should assume that price will continue its up trend and reach 1.43, which is today's R2 level. This scenario is valid as long as price trades above 1.41. If price falls below 1.41 we are not longer bullish and assume that price will fall to circa 1.40 which is a level where we find today's S1 level and the lows from yesterday.

EUR/USD 30 min chart

Regards

Alejandro Zambrano
Currency Strategist | DailyFX Forum (London)
azambrano@fxcm.com

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