EURUSD Daily Analysis – March 6, 2018
EURUSD is now in uptrend from 1.2155. Near term support is at 1.2265, as long as this level holds, the upside movement could be expected to continue and next target would be at 1.2500 area. On the...
Tag: EURUSD
EURUSD Daily Analysis – March 5, 2018
EURUSD broke above 1.2360 resistance, suggesting that the downside movement from 1.2555 had completed at 1.2155 already. Further rally is still possible after a corrective pullback and next target would be at 1.2500 area. Near term support...
EURUSD Weekly Analysis – March 4, 2018
EURUSD broke below the bullish trend line on the daily chart, suggesting that the upside movement from 1.1554 had completed at 1.2555 already. Further decline is still possible and next target would be at 1.1950, followed by...
EURUSD Daily Analysis – March 2, 2018
EURUSD rebounded strongly after touching 1.2165 support, facing the resistance of the falling price channel on its 4-hour chart. As long as the price is in the channel, the bounce could be treated as consolidation for the...
EUR/USD Price Forecast March 1, 2018, Technical Analysis
The EUR/USD pair has drifted a bit lower during the trading session on Wednesday, breaking down below the 1.2250 level, and reaching towards the 1.22 handle. There is a significant amount of support down to the 1.21...
EURUSD Daily Analysis – March 1, 2018
EURUSD extended its downside movement from 1.2555 to as low as 1.2183, facing the support level at 1.2165. Further decline would likely be seen and a breakdown below 1.2165 support could take price to 1.2000 area. Near...
EUR/USD Price Forecast February 28, 2018, Technical Analysis
The EUR/USD pair has fallen during the trading session on Tuesday, reaching down towards the 1.2250 level underneath, which has offered support a couple of times already, so it makes sense that we will continue to see...
EURUSD Daily Analysis – February 28, 2018
EURUSD broke below 1.2259 support and extended its downside movement from 1.2555 to as low as 1.2221. Further decline is still possible and next target would be at 1.2165 support. Resistance levels are at 1.2300 and 1.2360,...
EURUSD Daily Analysis – February 27, 2018
EURUSD continued its sideways movement in a trading range between 1.2259 and 1.2360. The key resistance is at 1.2360. As long as the price is below this level, the price action in the range could be treated...
EUR/USD Price Forecast February 27, 2018, Technical Analysis
The EUR/USD pair has initially tried to rally during the day on Monday but rolled over at the 1.2350 region to reach towards the 1.23 handle. I think that the market is trying to build up enough...