The EUR/USD pair fell slightly during the session on Wednesday, as we look likely to roll over due to the recent selloff that we have seen due to a more dovish Mario Draghi than previously expected. Because...
EURUSD moved sideways in a narrow range between 1.1574 and 1.1661 after breaking below the key support level at 1.1662 (Aug 17 low). The range trading is likely consolidation of the downtrend from 1.1879. As long as...
The EUR/USD pair has chop around during the session on Tuesday as we continue to hover just above the 1.16 level. The market has recently broken through the neckline of the head and shoulders on the daily...
EURUSD is in consolidation for the downtrend from 1.1879. Range trading between 1.1574 and 1.1685 would likely be seen in a couple of days. Near term resistance is at 1.1685, as long as this level holds, the...
The EUR/USD pair rallied initially during the day on Monday, but found enough resistance to turn around and roll over. It looks as if the Euro is going to continue to fall, and if that’s the case...
EURUSD remains in downtrend from 1.1879, the rise from 1.1574 is likely consolidation of the downtrend. Further decline towards the resistance-turned-support trend line on the weekly chart is still possible after the consolidation. Resistance levels are at...
The EUR / USD pulls back from the high of 1.1641 and pushes the level to 1.1600 as the downward movement of the dollar seems to have ended after the pair reached a critical resistance level of...
EURUSD’s downside movement from 1.1879 extended to as low as 1.1574. Further decline could be expected after a minor consolidation and next target would be at the resistance-turned-support trend line on the weekly chart now at around...
EURUSD broke below 1.1662 key support, indicating that the bullish movement from 1.0340 had completed at 1.2092 already. Further decline could be expected and next target would be at the resistance-turned-support trend line on the weekly chart...
The EUR/USD pair continued the bearish pressure during the day on Thursday, as the reaction to the dovish statement by Mario Draghi continues. In fact, we are below the 1.16 level as I record this, and this...
