The EUR/USD pair broke down below the 1.08 level during the day on Tuesday, showing that the market is continuing to show real selling pressure. A break down below the bottom of the range for the day...
The EUR/USD pair had a very volatile Monday, as we initially tried to rally, but turned back around to crash into the 1.08 level, and the 50 day exponential moving average. The 1.08 level has been supportive,...
EURUSD is in uptrend from 1.0517, the fall from 1.1059 is likely correction of the uptrend. Another rise could be expected after correction, and next target would be at 1.2000 area. Support levels are at 1.0740 and...
The EUR/USD pair fell during the day on Thursday, as we continue to consolidate overall. We currently believe that the 1.10 level is resistive, and that the resistance probably extends all the way to the 1.11 handle....
The EUR/USD pair fell during the session on Wednesday, as we continue to see consolidation overall. The 100 day exponential moving average is flattening out, so this suggests that we are going to continue consolidating going forward....
The EUR/USD pair fell significantly during the course of the session on Tuesday, as the 1.10 level continues offer significant resistance. With this being the case, the market looks as if it is going to continue to...
The EUR/USD pair did very little during the day on Monday as we approached the 1.10 resistance barrier. The 1.10 level of course is psychologically significant, so having said that it makes sense that we would struggle....
EURUSD remains in uptrend from 1.0517, the pullback from 1.0159 could be treated as consolidation of the uptrend. Near term support is at 1.0740, as long as this level holds, the uptrend could be expected to continue,...
The EUR/USD pair broke higher during the course of the session on Thursday, and now looks set to test the 1.10 level yet again. This is an area that should cause quite a bit of resistance anyway,...
The EUR/USD pair fell during the course of the session on Wednesday, breaking below the bottom of the shooting star that formed on Tuesday. This of course is a very negative sign, and we had seen quite...
