EURUSD Daily Analysis – July 26, 2017
EURUSD extended its bullish movement from 1.1312 to as high as 1.1712. As long as the pair is above the ascending trend line on the 4-hour chart, the bullish movement could be expected to continue and next...
Tag: EURUSD
EUR/USD Forecast July 25, 2017, Technical Analysis
The EUR/USD pair went sideways during the session on Monday, and broke down towards the 1.1625 handle underneath. The market finding support underneath is not much of a surprise, because it had been resistive. I believe that...
EURUSD Channel Correction (July 25, 2017)
EURUSD has been trending higher after breaking past a long-term resistance level last week. Price is trading inside an ascending channel visible on its 1-hour time frame and is currently bouncing off the resistance. This could spur...
EURUSD Daily Analysis – July 25, 2017
EURUSD stays above a bullish trend line on the 4-hour chart and remains in uptrend from 1.1312. As long as the price is above the trend line, the fall from 1.1684 could be treated as consolidation of...
EURUSD Daily Analysis – July 24, 2017
EURUSD’s bullish movement from 1.1312 extended to as high as 1.1684. As long as the price is above the rising trend line on its 4-hour chart, the bullish move could be expected to continue and next target...
EURUSD Weekly Analysis – July 22, 2017
EURUSD broke above 1.1450 key resistance and reached as high as 1.1682, confirming the double bottom pattern on the weekly chart. As long as the pair is above the rising trend line on the daily chart, the...
EUR/USD Forecast July 24, 2017, Technical Analysis
The EUR/USD pair initially went sideways on Friday, but then spiked higher. The 1.1650 level offered enough resistance to turn the market around, but as I record this it looks as if we are continuing to go...
EUR/USD Forecast July 21, 2017, Technical Analysis
The EUR/USD pair shot through the roof during the day on Thursday, as news came out that investigators are expanding their search into Donald Trump’s global companies for collusion with Russia. Quite frankly, this announcement really wasn’t...
EURUSD Daily Analysis – July 21, 2017
After consolidation, EURUSD continued its bullish movement from 1.1118 and the rise extended to as high as 1.1657. Near term support is at the rising trend line on the 4-hour chart. As long as the pair is...
DXY Elliott Wave View: Bounce in progress
Short term DXY (USD Index) Elliott Wave view suggests the decline from 6/20 peak (97.87) is unfolding as a Zigzag Elliott Wave structure. Down from 97.87 high, decline to 95.47 ended Minor wave A, and bounce to 96.51 high ended...