The EUR/USD pair broke out during the trading session on Tuesday, slicing through the 1.17 level. This is a very bullish sign as that was the neckline of a head and shoulders, and it now negates what...
EURUSD bounced strongly to as high as 1.1805, breaking above the falling trend line on the 4-hour chart. Near term support is at 1.1740, as long as this level holds, the upside movement from 1.1554 could be...
EUR/USD has reacted to the rise after knowing the United States production prices, which grew more than expected in October. The pair has risen to a new high of almost three weeks at 1.1765. US: Bullard mitigates...
EURUSD is facing 1.1690 resistance. A breakout of this level will indicate that lengthier consolidation for the downtrend from 1.2092 (Sep 8 high) is underway, then further rise towards the falling trend line on the 4-hour chart...
EURUSD continued its sideways movement in a trading range between 1.1554 and 1.1690, and is now facing 1.1690 resistance. As long as this level holds, the price action in the range could be treated as consolidation of...
EURUSD stays below a descending trend line on the daily chart and remains in the downtrend from 1.2092. As long as the price is below the trend line, the bounce from 1.1554 could be treated as consolidation...
The EUR/USD pair has been very noisy during the trading session on Friday, seeing both bullish and bearish pressure occasionally. We did eventually reach towards the 1.1675 handle, but started to roll over again. I recognize the...
The USD/CHF ended the day with limited movements in a range with a bearish break. During the US session, a fall on the dollar board sent the pair to 0.9920, the lowest level since October 26. Senate...
EURUSD has been trending lower since breaking below the neckline of a head and shoulders pattern. Price is now moving inside a descending channel pattern and looks ready for a pullback to the resistance. Applying the Fibonacci...
The EUR/USD pair has been volatile during the trading session on Thursday, as the 1.16 level continues to attract a lot of attention. However, we have broken down below the neck line on a daily head and...
