EURUSD broke above the downward trend line on 4-hour chart, implying that the downtrend from 1.0828 had completed at 1.0521 already. Further rise would likely be seen in a couple of days and the target would be...
EURUSD’s downward movement from 1.0828 extended to as low as 1.0560. There is a downward trend line on 4-hour chart, which may act as a resistance on the upside now at 1.0620. As long as the pair...
EURUSD stays below the downward trend line on 4-hour chart, which is holding the downside move from 1.0828. As long as the pair is below the trend line, the downtrend could be expected to continue, and next...
EURUSD broke below 1.0620 support, indicating that the uptrend from 1.0340 had completed at 1.0828 already. Further decline could be expected over the next several days, and next target would be at 1.0400 area. Resistance is at...
EURUSD stays in the downward price channel on daily chart, indicating that the pair remains in downtrend from 1.1616 (May 3, 2016 high), and the rise from 1.0340 could be treated as consolidation of the downtrend. Further...
The EUR/USD pair initially fell during the day on Friday, but found enough support to turn around and form a hammer. It is because of this I think we continue to grind back and forth with a...
EURUSD is testing 1.0620 support, as long as the pair is above this level, the fall from 1.0828 could be treated as consolidation of the uptrend from 1.0340 and further rise to 1.0900 area is still possible...
The EUR/USD pair fell during the day on Thursday, breaking below the 50-day exponential moving average. If we can break below the hammer from the Wednesday session, I believe that the EUR/USD pair will continue to drop...
The EUR/USD pair fell during the session on Wednesday, but found enough support underneath to form a hammer. It looks as if the pair is going to consolidate between the 50-day exponential moving average and the 100-day...
EURUSD is facing 1.0620 support, as long as this level holds, the fall from 1.0828 could be treated as consolidation of the uptrend from 1.0340 and further rise to 1.0900 area is still possible after consolidation. However,...
