There is a descending trend line from the August 2015 high of 1.1713 to the May 2016 high of 1.1616, with resistance at around 1.1450, acting as the neckline of the double bottom pattern on the EURUSD’s...
The EUR/USD pair went sideways initially during the day on Wednesday, but rolled over to fall down towards the 1.14 level. That’s an area that it obviously could cause some support due to the fact that it...
After touching 1.1450 key resistance, EURUSD pulled back to 1.1390 area, indicating that lengthier consolidation for the uptrend from 1.1118 is needed. Deeper decline could be expected in a couple of days and the target would be...
The EUR/USD pair went sideways initially during the day on Tuesday, as we continued to tread water just below the 1.14 handle. We did break out to the upside, but as I write this, we are still...
After consolidation, EURUSD broke above 1.1450 key resistance and continued its bullish movement from 1.1118. Further rise could be expected over the next several days and next target would be at 1.1600 area. Near term support is...
The EUR/USD pair continues to dance around the 1.14 level during the day on Monday, and should continue to do so today. The market doesn’t look like it’s ready to make much in the way of movement,...
EURUSD continued its sideways movement in a trading range between 1.1290 and 1.1445. The sideways movement is likely consolidation of the uptrend from 1.1118, another rise to test 1.1450 key resistance is still possible after the consolidation,...
EURUSD moved sideways in a trading range between 1.1290 and 1.1445. As long as the pair is above 1.1290 support, the sideways movement could be treated as consolidation of the uptrend from 1.1118 and further rise towards...
EURUSD stays above a bullish trend line on its daily chart and remains in uptrend from 1.0340. As long as the pair is above the trend line, the uptrend could be expected to continue. There is a...
The EUR/USD pair went sideways initially on Friday, and then had a very volatile session as the jobs number in America came out much longer than anticipated. However, towards the end of the session it looks as...
