EUR/USD Forecast September 14, 2017, Technical Analysis
The EUR/USD pair fell apart on Wednesday, as the 1.20 level has offered too much in the way of resistance, and of course there is word that a potential tax deal may be in the works. That...
Tag: EURUSD
EURUSD Daily Analysis – September 14, 2017
EURUSD broke below the bullish trend line on the 4-hour chart. Further decline to test next support level at 1.1823 is possible. A breakdown below this level will confirm that the upside movement from 1.1662 had completed...
EURUSD Daily Analysis – September 13, 2017
EURUSD rebounded from 1.1926 after touching the support trend line from 1.1662 to 1.1823 on its 4-hour chart, suggesting that the pair remains in the uptrend from 1.1662. Further rally would likely be seen in the coming...
EURUSD Double Top (Sep 12, 2017)
EURUSD appears to be tired from its climb as the pair is forming a double top reversal pattern on its 4-hour time frame. Price failed in its last two attempts to break past the 1.2070 area and...
EURUSD Daily Analysis – September 12, 2017
EURUSD is facing the support of the ascending trend line from 1.1662 to 1.1823 on its 4-hour chart. A clear break below the trend line could bring price back to test 1.1823 support, below this level could...
EURUSD Daily Analysis – September 11, 2017
EURUSD stays above the bullish trend line from 1.1662 to 1.1823 and remains in the uptrend from 1.1662. As long as the price is above the trend line, the upside movement could be expected to continue and...
EURUSD Weekly Analysis – September 10, 2017
EURUSD continued its bullish movement from 1.0569 and the rise extended to as high as 1.2092. Near term support is at the bottom trend line of the price channel on the daily chart. As long as the...
EUR/USD Forecast September 11, 2017, Technical Analysis
The EUR/USD pair tried to rally during the day on Friday, but gave back the gains to form a less than impressive close to the day. I believe that the market will find a bit of support...
EUR/USD Forecast September 8, 2017, Technical Analysis
The EUR/USD pair went sideways initially on Thursday, and then broke above the 1.20 level, after Mario Draghi had his press conference. Ultimately, I think it’s only a matter of time before we go higher, but short-term...
EURUSD Daily Analysis – September 8, 2017
EURUSD broke above 1.2070 resistance, indicating that the uptrend from 1.1662 has resumed. Further rise could be expected and next target would be at 1.2165 area. Near term support is at 1.1979, followed by the bullish trend...