EURUSD failed to break below the 1.1109 key support and stays in the trading range between 1.1109 and 1.1295, indicating that the pair remains in the uptrend from 1.0569 (Apr 10 low), and the sideways movement in...
EURUSD broke below the rising trend line on the daily chart. However, as long as the pair is above 1.1070 support, the fall from 1.1295 could be treated as consolidation of the uptrend from 1.0569, and another...
The EUR/USD pair shot higher on Friday, slamming into the 1.12 region. This is an area that begins a lot of noise though, so I’m not real sure that we can break out above year. The weekly...
The EUR/USD pair initially tried to rally at the open on Thursday, but then broke down significantly, slicing below the 1.12 handle during the day. As I record this, the market looks as if it is trying...
EURUSD is forming sideways movement in a trading range between 1.1109 and 1.1295. As long as 1.1109 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.0569 (Apr 10 low), and another...
The EUR/USD pair shot like a rocket into the stratosphere after less than impressive US numbers came out during the early New York trading. However, the 1.13 level is offering a bit of resistance as I record...
After touching 1.1285 resistance, EURUSD pulled back to 1.1193, suggesting that lengthier consolidation for the uptrend from 1.0569 (Apr 10 low) is needed. Deeper decline is still possible and the target would be at 1.1130 area. Resistance...
The EUR/USD pair had a relatively quiet session on Tuesday as we await the Federal Reserve meeting results at the end of the day today. Because of this, the market may be quiet over the next 24...
EURUSD is facing the resistance of the top trend line of the bearish price channel on its 4-hour chart. As long as the pair is in the channel, the bearish move from 1.1285 could be expected to...
The EUR/USD pair initially rallied on Monday, as we reached towards the 1.1225 level. We did pull back to the 1.12 handle, an area that should offer a certain amount of psychological support. If we can bounce...
