The EUR/USD pair broke higher during the Tuesday session, reaching above the 100-exponential moving average late in the session. There is a significant amount of bullish pressure underneath, so given enough time the market should then reach...
After consolidation, EURUSD continued its upward movement from 1.0340 and the rise extended to as high as 1.0812. Further rise could be expected and next target would be at 1.0900 area. Key support is now at 1.0620,...
EURUSD broke below the upward trend line on 4-hour chart. However as long as 1.0588 support holds, the fall from 1.0774 would possibly be consolidation of the uptrend from 1.0340, and further rise to 1.0900 area is...
EURUSD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.0340, and the fall from 1.0774 could be treated as consolidation of the uptrend. As long as the trend line support holds,...
EURUSD remains in downtrend from 1.1616 (May 3, 2016 high), the rise from 1.0340 is likely consolidation of the downtrend. Further rally is possible in a couple of weeks, and the target would be at the top...
The EUR/USD pair tried to rally on Friday but gave back most of the gains to form a shooting star. The shooting star sits on top of the 50-day exponential moving average, so we can break down...
The EUR/USD pair fell significantly on Thursday, as the 1.0750 level offered massive resistance. By breaking down like this, I believe that the market continues to go lower, perhaps reaching towards the 1.05 level underneath. A breakdown...
EURUSD is facing the support of the upward trend line on 4-hour chart. As long as the trend line support holds, the fall from 1.0774 could be treated as consolidation of the uptrend from 1.0340, and further...
The EUR/USD pair tried to rally during the day on Wednesday, but found quite a bit of resistance above the 1.0750 level. The 100-exponential moving average has acted as resistance, and if we can close with a...
EURUSD has been trending higher but slowly consolidating inside a rising wedge formation visible on the 1-hour and 4-hour charts. This signals that a breakout in either direction could take place soon as price is approaching the...
