Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURUSD , published in members area of the website. EURUSD is another Forex pair that we have...
The second stimulus bill currently under negotiation may be the next catalyst for the decline in US Dollar. The negotiation between Democrat and Republican gained urgency last week as President Trump contracted the virus and required hospitalization....
EURUSD’s fall from 1.2010 extended to as low as 1.1612. Deeper decline is still possible next week and next target would be at 1.1500, followed by 1.1350. Near term resistance is at 1.1800, a breakout of this...
EURUSD broke below 1.1695 support, suggesting that the upside movement from 1.0635 had completed at 1.2010 already. Deeper decline would likely be seen and next target would be at 1.1500, followed by 1.1300. Near term resistance is...
EURUSD broke below the rising trend line on the daily chart and continued its sideways movement in a trading range between 1.1695 and 1.2010. As long as 1.1695 key support holds, the sideways movement could be treated...
EURUSD stays above a rising trend line on the daily chart and remains in the uptrend from 1.0635. As long as the trend line support holds, the price action in the trading range between 1.1695 and 1.2010...
EURUSD moved sideways in a trading range between 1.1695 and 1.1965. As long as the price is above the rising trend line on the daily chart, the sideways movement could be treated as consolidation for the uptrend...
EURUSD extended its upside movement from 1.1168 (Jun 19 low) to as high as 1.1965. Further rise would likely be seen and next target would be at 1.2100 area. Key support is at 1.1695, only a breakdown...
EURUSD continued its sideways movement in a trading range between 1.1695 and 1.1916. As long as 1.1695 support holds, the sideways movement could be treated as consolidation for the uptrend from 1.1168 (Jun 19 low), and a...
EURUSD stays above a rising trend line on the daily chart and remains in the uptrend from 1.0635. As long as the trend line support holds, the upside movement could be expected to continue and next target...
