EURUSD Weekly Analysis – August 12, 2017
EURUSD stays in a bullish price channel on its daily chart and remains in the uptrend from 1.0569. As long as the price is in the channel, the pullback from 1.1909 could be treated as consolidation of...
Tag: EURUSD
EUR/USD Forecast August 14, 2017, Technical Analysis
The EUR/USD pair initially dipped lower during the day on Friday, but then shot higher impulsively during the American session. It looks as if the market is trying to find its footing, and eventually should go looking...
EUR/USD Forecast August 11, 2017, Technical Analysis
The EUR/USD pair initially fell on Thursday, testing the 1.17 level. However, we have turned around significantly, and it looks as if this area could hold. If we can break above the 1.1775 level, the market should...
EURUSD Daily Analysis – August 11, 2017
EURUSD broke above the falling trend line on its 4-hour chart, suggesting that the short term downtrend from 1.1909 had completed at 1.1689 already. Further rally could be expected in a couple of days and the target...
EUR/USD Forecast August 10, 2017, Technical Analysis
The EUR/USD pair has gone sideways during the session on Wednesday as we continue to consolidate just above the 1.17 handle. If we can break above the 1.1765 handle, I think that the market will continue to...
EURUSD Daily Analysis – August 10, 2017
EURUSD is now in the downtrend from 1.1909. Further decline could be expected after a minor consolidation and next target would be at the bottom support trend line of the price channel on its daily chart, now...
EUR/USD Forecast August 9, 2017, Technical Analysis
The EUR/USD pair went sideways during most of the session on Tuesday, testing the 1.18 level for support. As the Americans came on board, the jobs opening number broke above 6 million, and since a lot of money...
EURUSD Daily Analysis – August 9, 2017
EURUSD broke below the key support level at 1.1728, indicating that the bullish movement from 1.1312 had completed at 1.1909 already. Further decline could be expected and the target would be at the bottom support trend line...
EUR/USD Forecast August 8, 2017, Technical Analysis
The EUR/USD pair had a little bit of volatility during the day on Monday, with a slightly upward bias. However, this is a market that has sold off rather drastically after the jobs figure, and I expect...
EURUSD Daily Analysis – August 8, 2017
EURUSD stays in a bullish price channel on its 4-hour chart, indicating that the pair remains in the uptrend from 1.1312. As long as the price is in the channel, the uptrend could be expected to continue...