EURUSD broke below the rising trend line on the daily chart, indicating that the short term uptrend from 1.1554 had completed at 1.1961 already. Deeper decline to test 1.1554 support would likely be seen over the next...
The EUR/USD pair was slightly negative during the trading session on Friday, reaching down towards the 1.1733 level. I believe that we are consolidating between the 1.17 level underneath, and the 1.18 level above. I think...
The EUR/USD pair went back and forth during the trading session on Thursday, bouncing around the 1.18 level. At this point, I suspect that the market is going to try to form some type of base,...
EURUSD continued its downside movement from 1.1961, and the fall extended to as low as 1.1761. Further decline would likely be seen and next target would be at 1.1712 support. A breakdown below this level could trigger...
EURUSD extended its downside movement from 1.1961 to as low as 1.1780. Further decline is still possible and next target would be at 1.1712. A breakdown below this level could take price to next support level at...
The EUR/USD pair rolled over a bit during the trading session on Tuesday, as we went looking towards the 1.18 level underneath. This is an area that has been supportive in the past several sessions, and...
EURUSD broke below 1.1809 support, suggesting that the upside movement from 1.1554 had completed at 1.1961 already. Further decline would likely be seen in the coming days and next target would be at 1.1712. A breakdown below...
The dollar appreciated on Monday although it did so at a limited pace. Most of the crossings had limited tours at the beginning of the week continuing the tours of the American session on Friday, albeit at...
EURUSD moved sideways in a range between 1.1809 and 1.1961. As long as 1.1809 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.1554 and another rise towards 1.2092 (Sep 8 high)...
As we opened the trading session on Monday, we obviously gapped lower in favor the US dollar during Asian trading, perhaps in reaction to the tax bill making significant gains through the US Senate. Ultimately, the...
