EURUSD continued its downward movement and the fall extended to as low as 1.0569. Further decline could be expected after a minor consolidation and next target would be at 1.0500 area. Resistance is at the downward trend...
EURUSD stays in the descending price channel on daily chart and remains in downtrend from 1.1616 (May 3, 2016 high). Further decline could be expected over the next several weeks and next target would be at 1.0400...
The EUR/USD pair initially tried to rally during the day on Friday, but then broke down below the 1.06 handle during the day. This is a very negative sign, and I believe that we will eventually reach...
The EUR/USD pair continues to find support at the 1.0650 level, as we bounced enough to form a supportive candle yet again. Because of this, I believe that the currency pair is waiting for jobs number out...
EURUSD’s bearish movement from 1.0905 extended to as low as 1.0629. Key resistance is now at 1.0689, as long as the pair is below this level, the downtrend could be expected to continue and next target would...
The EUR/USD pair went back and forth during the trading session on Wednesday, as we continue to stagnate near the 1.0650 handle. I think that this market is simply consolidating in a very tight range and...
EURUSD moved sideways in a trading range between 1.0634 and 1.0705. As long as the pair is below 1.0705 resistance, the sideways movement could be treated as consolidation of the downtrend from 1.0905 and further decline to...
EURUSD remains in downtrend from 1.0905, the rise from 1.0635 is likely consolidation of the downtrend. Resistance is at 1.0705, as long as this level holds, the downtrend could be expected to continue, and further decline to...
EUR/USD daily chart, April 04, 2017 The EUR/USD pair had a very flat day, forming a very neutral candle. Because of this, looks as if the market isn’t quite ready to do anything but if we can...
EURUSD continued its downward movement from 1.0905 and the fall extended to as low as 1.0642. As we mentioned yesterday, the resistance level is at 1.0705, as long as the pair is below this level, the downtrend...