EUR/USD Forecast December 11, 2015, Technical Analysis
The EUR/USD pair fell during the day on Thursday, as we slammed into the 1.10 handle. This is an area that should be resistive due to the fact that we have a nice cluster extending all the...
Tag: EURUSD
EUR/USD Forecast December 10, 2015, Technical Analysis
The EUR/USD pair rose during the course of the session on Wednesday, slamming into the 1.10 level. There is a significant amount of noise just above though, so we are actually going to be very patient and...
EUR/USD Forecast December 9, 2015, Technical Analysis
The EUR/USD pair broke higher during the course of the day on Tuesday, breaking the top of the hammer that had formed on Monday. However, we see quite a bit of resistance above so even though this...
EUR/USD Forecast December 8, 2015, Technical Analysis
The EUR/USD pair initially fell during the course of the day on Monday, but found quite a bit of support below to turn things around and form a hammer. The hammer of course is a very bullish...
EURUSD Weekly Analysis – December 6, 2015
Being contained by 1.0462 (Mar 13 low) support, EURUSD rebounded strongly to 1.0981, indicating that the downward movement from 1.1713 had completed. Further rally could be expected over the next several weeks, and the target would be...
EUR/USD Forecast December 7, 2015, Technical Analysis
The EUR/USD pair fell slightly during the course of the session on Friday, as the previous uptrend line now is offering quite a bit of resistance. On top of that, the 1.10 level above is a large,...
EUR/USD Forecast December 4, 2015, Technical Analysis
The EUR/USD pair initially fell during the day on Thursday, but then rocketed to the upside to crash into the bottom of the uptrend line that had previously made the ascending triangle. This was in reaction to...
EUR/USD Forecast December 2, 2015, Technical Analysis
The EUR/USD pair rallied during the day on Tuesday, bouncing above the 1.06 handle. However, we think this is simply a bit of a “dead cat bounce” of sorts, and therefore we are waiting for resistant candle...
EUR/USD Forecast December 1, 2015, Technical Analysis
At this point in time, we believe it’s pretty much a foregone conclusion that the market is going to reach down to the 1.05 handle. However, there isn’t much in the way of room between here and...
EURUSD Weekly Analysis – November 29, 2015
EURUSD’s downward movement from 1.1713 extended to as low as 1.0566. Further decline to test 1.0462 (Mar 13 low) support is possible, a breakdown below this level will signal resumption of the long term downtrend from 1.3993...