EURUSD is in downtrend from 1.1326. Further decline to test 1.1123 support is possible, and a breakdown below this level will indicate that the longer term downtrend from 1.1366 has resumed, then next target would be at...
EURUSD broke below 1.1198 support and continued its downward movement from 1.1326. Further decline to test 1.1123 support is possible after a minor consolidation, a breakdown below this level will confirm that the longer term downtrend from...
EURUSD is facing the support of the price channel on daily chart. A clear break below the channel support will indicate that the upward movement from 1.0911 had completed at 1.1366 already, then the following downward movement...
The Euro fell rather sharply during the course of the day on Friday, slamming into the 1.1150 level. However, this is an area that is very important in general so I would not be surprise at all...
EURUSD moved sideways in a narrow range between 1.1198 and 1.1285. As long as 1.1285 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.1326, and further decline to...
The Euro rose again against the US dollar, but we are still very much stock in the consolidation area that we have been in for some time now. I believe that the larger consolidation area extends all...
EURUSD is in downtrend from 1.1326, the rise from 1.1198 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 1.1000 area. Near term resistance is at 1.2385,...
The EUR/USD pair went back and forth during the course of the session, forming a relatively neutral candle. By doing so, it looks as if the market simply has no idea which way to go, and at...
EURUSD broke below the bottom of the price channel on 4-hour chart, indicating that the uptrend from 1.1123 had completed at 1.1326 already. Further fall would likely be seen over the next several days, and next target...
The EUR/USD pair went back and forth during the day on Monday, as we continue to try to find our footing in this market. The market will continue to see volatility, as we are simply waiting to...
