The EUR/USD rose on Friday, but managed to find the top of the recent downtrend channel resistive. The pair looks like it is stuck between two levels at the moment, the 1.4250 and 1.45 levels. The market...
The pair continues to trade sideways and we still wait for a major validated breakout to get a better picture of the possible future developments.
EURUSD is facing the resistance of the upper border of the price channel on daily chart, as long as the channel resistance holds, we’d expect downtrend to resume, and one more fall towards the lower border of...
Thursday saw a selloff in the EUR/USD again. The 1.45 area seems to be an area that sellers are willing to step in and get involved, and this past time has been no different.
Most of the asset classes, especially the equity bourses succumbed to selling pressure resulting in the Dollar Index recovering again from important support of 74.00 ranges. The Dollar Index is range bound between 73.40-76.70 ranges; historic correlation...
US Dollar drops against competitors. Asian and European trading sessions: Euro: Today the EUR/USD pair managed to show a strong positive dynamics and almost reached the $1.4500 maximum. Released negative Euro-zone Consumer price index did not pressure...
The pair remains well bid after a confirmed break above the long term descending trendline. The former resistance is now playing as a strong support.
The EUR/USD had a bullish day to start with on Wednesday, but pulled back to form a bit of a shooting star at the top of the recent downtrend channel. It should also be noted that the...
The US Dollar Index lost about 0.25% to near important support of 73.40 ranges, most of the asset classes are trading stable after witnessing unprecedented volatility during past couple of weeks especially the equity bourses across the...
After a clear break above its long term descending trendline, the pair has been pulling back on this former resistance and is now trading near the 1,44 level.
