EUR/USD Forecast May 12, 2017, Technical Analysis
The EUR/USD pair initially tried to rally on Thursday, but as you can see made a lower higher than the previous session. This is a sign of a market that is trying to build up bearish pressure,...
Tag: EURUSD
EURUSD Daily Analysis – May 12, 2017
EURUSD continued its downward movement from 1.1021 and the fall extended to as low as 1.0839. Resistance level is at 1.0900, as long as this level holds, the downward movement could be expected to continue and next...
EUR/USD Forecast May 11, 2017, Technical Analysis
The EUR/USD pair initially tried to rally during the Wednesday session, but found the 1.09 level to be a bit resistive. There is still a gap on the longer-term charts just below, so I think a fresh,...
EURUSD Daily Analysis – May 11, 2017
EURUSD’s downward movement from 1.1021 extended to as low as 1.0853. Near term resistance is at 1.0900, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.0750...
EUR/USD Forecast May 10, 2017, Technical Analysis
After initially gapping higher on Monday, the EUR/USD pair has fallen apart. This was a “buy the rumor, sell the news” type of situation when it came to the French elections, and this pullback has been absolutely...
EURUSD Daily Analysis – May 10, 2017
EURUSD broke below 1.0874 support, suggesting that the upward movement from 1.0569 had completed at 1.1021 already. The pair is now in downtrend. Further decline could be expected and next target would be at 1.0750 area. Near...
Is EURUSD Under Pressure?
After the bullish movement that has ran for several months, EURUSD pair is now under pressure by the descending trend line on daily chart, from 1.1616 (2016 high) to 1.1299, now at 1.1000. There is also an...
EUR/USD Forecast May 9, 2017, Technical Analysis
The EUR/USD pair fell on Monday, as results of the French election came in. Initially, we gapped above the 1.10 level, but it became a “buy the rumor, sell the fact” type of trade. The market even...
EURUSD Daily Analysis – May 9, 2017
EURUSD remains in uptrend from 1.0569, the fall from 1.1021 would possibly be consolidation of the uptrend. Support is at 1.0874, as long as this level holds, the uptrend could be expected to continue and next target...
EURUSD Daily Analysis – May 8, 2017
EURUSD’s bullish movement from 1.0569 extended to as high as 1.1021. Support level is now at 1.0874, as long as this level holds, the bullish movement could be expected to continue and next target would be at...