EURUSD is in short term downtrend from 1.1860. Deeper decline towards the resistance-turned-support level at 1.1690 would likely be seen. A breakdown below this level could take price towards 1.1554. Below here could signal resumption of the...
The common currency started had a rough beginning of the week, as talks for a coalition government in Germany ended on Sunday after the Free Democratic Party pulled out. Merkel’s CDU has now been sentenced to a minority...
EURUSD extended its pullback from 1.1860 to as low as 1.1722, breaking below 1.1740 support. Deeper decline to the resistance-turned-support level at 1.1690 is still possible after a minor consolidation. Breakthrough there could trigger further bearish move...
EURUSD broke above the falling trend line on the daily chart and is now facing 1.1879 resistance. A breakout of this level will confirm that the downside movement from 1.2092 had completed at 1.1554 already, then further...
The EUR/USD pair has been choppy during the trading session on Friday, rallying a bit, breaking above the 1.18 level. However, we roll over from there and it looks as if were going to settle on an...
The EUR/USD began the day on Friday with a strong rebound of more than 40 pips that made it jump again above 1.1800 to reach a maximum of 2 days at 1.1822. In the European opening, the...
The EUR/USD pair has been choppy over the last several sessions, but it looks as if we are trying to roll over and continue the bearish pressure that had been so obvious late during the trading session...
EURUSD remains in the short term uptrend from 1.1554, the fall from 1.1860 is likely consolidation of the uptrend. Near term support is at 1.1740, as long as the price is above this level, the uptrend could...
The EUR/USD pair rallied a bit during the day on Wednesday, reaching towards the 1.1850 level above. However, we rolled over from there and it looks as if were going to form some type a shooting star...
EURUSD failed in its attempt to breakout of 1.1879 resistance and pulled back from 1.1860. However, as long as the price is above 1.1740 support, the fall would possibly be consolidation of the uptrend from 1.1554, and...
