EURUSD broke below 1.0521 support, indicating that the downtrend from 1.0828 has resumed. Further decline could be expected over the next several days, and next target would be at 1.0400 area. Resistance is at 1.0600, only break...
The EUR/USD pair fell during the day on Tuesday, reaching towards the 1.05 level, an area that I think should cause quite a bit of support. If we can break down below there though, the market could...
EURUSD is facing 1.0521 support, a breakdown below this level will indicate that the downtrend from 1.0828 has resumed, then next target would be at 1.0400 area. Near term resistance is at 1.0600, only break above this...
The EUR/USD pair rallied a bit during the day on Monday, but we remain relatively choppy in this area, so I believe that the 50-day exponential moving average could offer resistance, and push this market back towards...
EURUSD remains in downtrend from 1.0828, the bounce from 1.0521 would possibly be correction of the downtrend. Further decline could be expected after correction, and next target would be at 1.0400 area. Resistance levels are at 1.0679...
EURUSD’s bounce from 1.0340 had completed at 1.0828 already, the subsequent fall is likely resumption of the downtrend from 1.1616 (May 3, 2016 high). Further decline to test 1.0340 support is possible, and a breakdown below this...
The EUR/USD pair fell during the Friday session, as the 50-day exponential moving average offered dynamic resistance. However, the weekly candle is a hammer, which is bullish. Because of this, I think the thing that we are...
The EUR/USD pair rallied during the day on Thursday, breaking above the top of the hammer from the previous session, this of course is a very bullish sign. However, the 50-day exponential moving averages just above and...
EURUSD’s rise from 1.0521 extended to as high as 1.0679. Further rise to 1.0700 – 1.0740 area would likely be seen after a minor consolidation. Resistance is at 1.0740, as long as this level holds, the rise...
The EUR/USD pair fell initially during the day on Wednesday, but found enough support of the 1.05 level to bounce and form a hammer. This of course is a bullish sign and I think that the market...
