EURUSD moved sideways in a narrow range between 1.2259 and 1.2360. As long as 1.2360 resistance holds, the sideways move could be treated as consolidation for the downtrend from 1.2555 and another fall to test 1.2165 support...
EURUSD is facing the support of the bullish trend line on the daily chart. As long as the price is above the trend line, the price action from 1.2537 could be treated as consolidation for the uptrend...
EURUSD could be in for a selloff as a double top pattern can be seen on its 4-hour time frame. Price has yet to break below the neckline at the 1.2200-1.2250 levels before confirming the potential downtrend....
EURUSD extended its downside movement from 1.2555 to as low as 1.2259. Near term resistance is at 1.2365. As long as this level holds, the downside movement could be expected to continue and further decline to test...
The EUR has initially fallen during the session on Tuesday, reaching down to the 1.2325 handle, but found enough support at this area to show signs of life again. The 61.8% Fibonacci retracement level looks as if...
EURUSD is facing the support of the bullish trend line on its 4-hour chart. As long as the trend line support holds, the fall from 1.2555 could be treated as correction for the uptrend from 1.2205, and...
EURUSD remains in the uptrend from 1.2205, the fall from 1.2555 is likely correction for the uptrend. As long as the price is above the bullish trend line on the 4-hour chart, the uptrend could be expected...
EURUSD broke above 1.2537 resistance and extended its upside movement from 1.1554 to as high as 1.2555. As long as the price is above the bullish trend line on the daily chart, the upside movement could be...
EURUSD’s upside movement from 1.2205 extended to as high as 1.2473. Further rise to test 1.2537 resistance would likely be seen after a minor consolidation. Near term support is at 1.2400, only a breakdown below this level...
The EUR/USD pair broke higher during trading on Tuesday, breaking above the 1.23 handle. There’s a lot of noise in this area, but I think that the 1.23 level should offer support as it was resistance previously....
