The EUR/USD pair exploded to the upside during the trading session on Tuesday, as we have broken towards the 1.2380 level. Ultimately, the market looks likely to go looking towards the 1.24 handle, and then the most...
EURUSD’s bounce from 1.2273 extended to as high as 1.2407. Further rise to test 1.2446 resistance is possible. A breakout of this level could signal resumption of the uptrend from 1.2155, then next target would be at...
The EUR/USD pair initially rallied during the day on Monday but ran into trouble near the 1.2340 level. The market rolled over and reach back towards the 1.23 level, and I think that it is likely to...
EURUSD remains in the short term downtrend from 1.2446, the bounce from 1.2273 could be treated as correction for the downtrend. Near term resistance is at 1.2390, as long as this level holds, the downtrend could be...
EURUSD is in short term downtrend from 1.2446. Further decline would likely be seen and next target would be at 1.2155 support. A breakdown below this level would confirm that the whole uptrend from 1.1554 (Nov 7,...
EURUSD is now in downtrend from 1.2555, the bounce from 1.2154 is likely correction for the downtrend. Further decline would likely be seen in a couple of weeks and a breakdown below 1.2154 support could take price...
The ECB had a press conference during Thursday trading session that through the market into disarray. Initially, it suggested that perhaps inflation was building, and that had people buying the EUR. However, this was later contradicted by...
EURUSD’s bounce from 1.2155 had completed at 1.2446 already. Another fall would likely be seen in the coming days, and next target would be at 1.2155 support. Below this level could trigger further downside movement towards 1.2000....
DAX is correcting higher degree cycle from February 2016. Short-term Elliott Wave view suggests that Primary wave ((X)) ended with the rally to 12597.51. Decline from there is unfolding as a Zigzag Elliott Wave structure where Intermediate wave (A) ended at 11725...
EURUSD extended its upside movement from 1.2155 to as high as 1.2429. Further rise is still possible and next target would be at 1.2500 area. Support levels are at 1.2360 and 1.2325, only break below these levels...
