The EUR/USD continues to advance steadily on Monday. After touching an intraday low of 1.1912 in the Asian session, the pair has advanced 45 pips, rising in the European morning to 9-week highs at 1.1957. The common...
EURUSD extended its upside movement from 1.1554 to as high as 1.1944, breaking above 1.1879 key resistance, confirming that the downside movement from 1.2092 (Sep 8 high) had completed at 1.1554 already. Near term support is at...
EURUSD extended its bounce from 1.1554 to as high as 1.1944, breaking above 1.1879 resistance. Further rise to test test 1.2092 resistance would likely be seen in the coming days, a breakout of this level will confirm...
Purchase interest in the European currency is accelerating, raising the EUR/USD to new highs of several weeks above 1.1930. The EUR/USD in levels seen in September The pair’s bullish momentum continues to be supported by rising sales...
EURUSD is facing 1.1879 resistance. A breakout of this level could signal resumption of the uptrend from 1.1554, then next target would be at 1.2000, followed by 1.2092 (Sep 8 high). Near term support levels are at...
EURUSD broke above the fall trend line on the 4-hour chart, indicating that the short term downtrend from 1.1860 had completed at 1.1712 already. Further rally would likely be seen in the coming days and next target...
The EUR/USD pair has been rather stagnant during the trading session on Tuesday, initially going sideways and then dipping towards the 1.1720 level. I think that the 1.17 level continues to be very supportive, so I am...
EURUSD extended its downside movement from 1.1860 to as low as 1.1712, facing the resistance-turned-support level at 1.1690. A breakdown below this level could trigger further decline towards 1.1554, followed by 1.1400. Near term resistance is at...
The EUR/USD pair has been very volatile during trading on Monday, initially falling, then bouncing, then falling again as we approached the 1.18 level. A lot of the volatility is due to a failure by German government...
The EUR/USD has tried to recover ground at the beginning of this Tuesday, but has found a barrier in the European opening in the 1.1750 area after having raised 20 pips from the intraday low of the...
