The EUR/USD pair was relatively volatile during the day on Wednesday, as we initially shot higher, pulled back to the daily open, and then rallied from there. We are well above the 1.11 level, and that of...
EURUSD’s bullish movement from 1.0839 extended to as high as 1.1171. Support levels are at 1.1100 and 1.1050, as long as these levels hold, the upward movement could be expected to continue, and next target would be...
The EUR/USD pair rallied during the day on Tuesday, breaking above the psychologically important 1.10 level. We even reached as high as the 1.11 level during the day, but it seems as if the market is going...
EURUSD moved above 1.1021 resistance and reached as high as 1.1097. Further rise is still possible in a couple of days and next target would be at 1.1250 area. Near term support is at 1.1000, as long...
The EUR/USD pair had an explosive moved at the open on Monday, reaching towards the 1.0990 level. However, the 1.10 level above continues to offer significant resistance, and the fact that we a forming a shooting star...
EURUSD is facing 1.1021 resistance. A break of this level will indicate that the uptrend from 1.0569 has resumed, then next target would be at 1.1100 area. On the downside, as long as 1.1021 resistance holds, the...
EURUSD broke above 1.0900 resistance and rebounded to 1.0930 area, indicating that the downward movement from 1.1021 had completed at 1.0839 already. However, the bounce would possibly be correction of the downtrend from 1.1021, another fall towards...
EURUSD broke below 1.0850 support, indicating that the short term uptrend from 1.0569 had completed at 1.1021 already. Another fall towards the bottom of the price channel on daily chart could be expected in a couple of...
The EUR/USD pair broke higher during the session on Friday, clearing the top of both the Wednesday and Thursday candles after less than stellar US numbers came out. That being the case, the market then would reach...
Emmanuel Macron won the presidential election last Sunday, defeating Marine Le Pen, a far-right nationalist who wanted to take France out of the European Union. Markets had feared that Le Pen’s win could threaten the EU project,...
