EURUSD recently broke below a rising trend line on its daily time frame, signaling that the uptrend is over. Price dipped to a low of 1.0925 then showed signs of a pullback. Applying the Fib tool on...
EUR/USD rallied slightly during session on Friday’s session, but found a little bit of trouble at the previous uptrend line as it offers resistance. With this being the case, market will more than likely form a correction...
EURUSD is now in downtrend from 1.1616, the bounce from 1.0911 could be treated as consolidation of the downtrend. Further decline could be expected after consolidation, and next target would be at 1.0600 area. Resistance is at...
The EUR/USD pair initially tried to rally during the day on Thursday, but turned right back around to fall fairly significantly during the day. The previous uptrend line acted as resistance, and now it appears that we...
The EUR/USD pair rallied initially during the day on Tuesday, filling the gap from Monday. However, you can see that we turn right back around and we are now looking very soft and could very well drift...
The EUR/USD pair gapped lower at the open on Monday, and bounced off of the 1.10 level during the day. With this, the market looks as if it is trying to break down but there is a...
EURUSD broke below the support of the price channel on daily chart, indicating that the upward movement from 1.0517 had completed at 1.1616 already. Further decline could be expected over the next several weeks, and next target...
The EUR/USD pair fell significantly during the course of the session on Friday, as the United Kingdom as voted to leave the European Union. We sliced through the 1.10 level below, but did see quite a bit...
The EUR/USD pair initially broke higher during the course of the day on Thursday as rumors have sent quite a bit of speculation into this market due to the fact that they are essentially saying that the...
EURUSD seems to have bullish momentum on its side at the moment, as price is moving inside an ascending channel and bouncing off support. A test of the channel resistance at 1.1600 could be underway but there’s...
