After touching 1.2335 support, EURUSD rebounded into the trading range between 1.2335 and 1.2537, suggesting that the pair remains in the uptrend from 1.1717 (Dec 12, 2017 low), and the price action from 1.2537 could be treated...
EURUSD stays in a trading range between 1.2335 and 1.2537. The sideways movement is likely consolidation of the uptrend from 1.1717 (Dec 12, 2017 low). As long as 1.2335 support holds, the uptrend could be expected to...
EURUSD failed to break above 1.2537 resistance and stayed in the trading range between 1.2335 and 1.2537. As long as 1.2335 support holds, the price action in the range could be treated as consolidation of the uptrend...
EURUSD remains in the uptrend from 1.1554, the fall from 1.2537 is likely consolidation of the uptrend. As long as the price is above the bullish trend line on the daily chart, the uptrend could be expected...
EURUSD is facing 1.2537 resistance. A breakout of this level will indicate that the uptrend from 1.1717 (Dec 12, 2017 low) has resumed, then further rise towards 1.2700 is possible. Near term support is at 1.2440. A...
EURUSD moved sideways in a trading range between 1.2335 and 1.2537. The sideways movement is likely consolidation of the uptrend from 1.1717. Another rise could be expected after the consolidation and a breakout of 1.2537 resistance would...
EURUSD has been trending higher over the past few weeks and is currently above a steep rising trend line on its 1-hour chart. Price is bouncing off this support zone, which lines up with the 50% Fibonacci...
EURUSD is in corrective consolidation for the uptrend from 1.1717. Range trading between 1.2240 and 1.2537 would likely be seen over the next several days. As long as 1.2240 support holds, the uptrend could be expected to...
EURUSD broke below the bullish price channel on its 4-hour chart, suggesting that lengthier consolidation for the uptrend from 1.1915 is underway. Near term support is at 1.2364, a breakdown below this level could take price to...
The Elliott wave Theory is a form of Technical analysis that traders use to analyse the market and forecast the trend and we will explain how we use it for One Market Concept. The Theory was developed...
