The EUR/USD pair initially tried to rally during the course of the day on Monday, but turned back around to form a bit of a shooting star. That being the case, the market ended up showing signs...
The EUR/USD pair initially tried to rally during the course of the session on Friday, but then fell apart and reached towards the 1.1050 level. That being the case, there is more than enough support below, and...
EURUSD failed to break above the downward trend line on daily chart, indicating that the pair remains in downtrend from 1.1616. As long as the rend line resistance holds, the downtrend could be expected to continue, and...
The EUR/USD pair initially fell during the course of the session on Thursday, but found enough support to turn around and form a bit of a hammer. However, with the Nonfarm Payroll Numbers coming out during the...
The EUR/USD pair fell significantly during the course of the session on Wednesday, forming what is essentially a “today shooting star” in this market at the 1.12 level. If we can break down below the 1.1150 level,...
EURUSD has been trending lower on its 4-hour time frame, moving inside a descending channel and currently testing the resistance. If this area keeps gains in check, price could head back to the channel support at the...
The EUR/USD pair did have a bullish day during the day on Tuesday, breaking above the 1.12 level. While this is a bullish sign, the reality is that it’s not until we get above the previous uptrend...
The EUR/USD pair went back and forth during the course of the session on Monday, testing the 1.12 level for resistance. This being the case, it’s likely that we will find sellers, but at this point in...
The EUR/USD pair broke higher during the course of the session on Friday, crashing into the 1.12 level. There is an uptrend line just above though, and I have seen quite a bit of resistance at the...
EURUSD is facing the resistance of the downward trend line on daily chart. As long as the trend line resistance holds, the downtrend from 1.1616 could be expected to continue, and next target would be at 1.0600...
