The EUR/USD pair broke down on Tuesday, as the 1.0750 level offered quite a bit of resistance. The market formed a very negative looking candle, and we are now testing the bottom of the 50-day exponential moving...
EURUSD broke below the bottom of the price channel on 4-hour chart. However, as long as the pair is above 1.0620 support, the fall from 1.0828 could be treated as consolidation of the uptrend from 1.0340 and...
The EUR/USD pair continues to bounce around between the 50-day exponential moving average and the 100-day exponential moving average. We have an equilibrium somewhere near the 1.0750 level, so I’m not overly excited about trading this pair...
EURUSD is facing the support of the price channel on 4-hour chart. As long as the pair stays in the channel, the uptrend from 1.0340 could be expected to continue, and further rise to 1.0900 area is...
EURUSD remains in uptrend from 1.0340, the fall from 1.0828 is likely consolidation of the uptrend. Near term support is at the bottom of the price channel on 4-hour chart. As long as the channel support holds,...
EURUSD’s bounce from 1.0340 extended to as high as 1.0828. However, the bounce is likely consolidation of the downtrend from 1.1616 (May 3, 2016 high). Resistance is at the top of the price channel on daily chart....
The EUR/USD pair initially fell on Friday after the jobs number, but turned around to form a massive hammer. The hammer sits above the 1.0750 level, which is very important. If we can break above the top...
The EUR/USD pair rallied during the day on Thursday, as the 100-exponential moving average is offering support. We did give back a little bit of the gains, but I think given enough time we will continue to...
EURUSD stays in the upward price channel on 4-hour chart, and remains in uptrend from 1.0340. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 1.0900...
EURUSD continues to trend higher, moving inside an ascending channel on its 1-hour chart. Price just bounced off the resistance at 1.0800 and might be due for a test of support at 1.0700. The 100 SMA...
