EURUSD moved sideways below 1.0653 resistance. A break of this level will confirm that the pair is in uptrend from 1.0340, then the following upward movement could bring price to 1.0800 area. Near term support is at...
The EUR/USD pair had a positive reaction to testing the 1.05 level, forming a green candle. By doing so, looks as we continue to see lots of volatility but I still think that the 1.07 level above...
EURUSD is facing 1.0653 resistance, a break of this level will indicate that the pair is in uptrend from 1.0340, then further rise to 1.0800 area could be seen. Near term support is at 1.0475, only break...
EURUSD’s downward movement from 1.1366 extended to as low as 1.0340. Near term resistance is at the top of the price channel on daily chart. As long as the channel resistance holds, the downtrend could be expected...
The EUR/USD pair rallied on Thursday, as we broke above the 1.05 level. In fact, the Euro looks rather strong, but I recognize that the 1.07 level above as a bit of a “ceiling” in this market,...
EURUSD’s bounce from 1.0340 extended to as high as 1.0615. Further rise is still possible in a couple of days, and next target would be at 1.0800 area. Support is at 1.0475, only break below this level...
After touching 1.0352 support, EURUSD rebounded to 1.0500 zone, indicating that lengthier consolidation for the downtrend from 1.1299 (Nov 9, 2016 high) is needed. Further rally could be expected and the target would be at 1.0650 area.
The EUR had an extraordinarily volatile session on Tuesday as traders came back. At one point, we made a fresh new low. However, we turned around to form a candle that could be thought of as somewhat...
EURUSD broke below 1.0352 support, indicating that the downtrend from 1.1299 (Nov 9, 2016 high) has resumed. Further decline could be expected and next target would be at 1.0200 area. Resistance levels are at 1.0500 and 1.0653,...
The EUR/USD pair went back and forth during the day on Friday, testing the 1.05 level for support. We have recently seen a spike in this market, but quite frankly a lot of this would have been...
