The EUR/USD pair broke higher during the course of the day on Tuesday, as we continue to bounce between the 1.11 level on the bottom, and the 1.13 level on the top. Ultimately, we believe that the...
The EUR/USD pair initially tried to rally during the day on Monday, but found far too much in the way of resistance near the 1.13 level. This is the area that has been resistive again and again,...
EURUSD remains in downtrend from 1.1713, the rise from 1.1087 is likely consolidation of the downtrend. Deeper decline is possible after consolidation, and next target would be at 1.0600 area. Resistance levels are at 1.1460 and 1.1713,...
The EUR/USD pair broke higher during the course of the session on Friday, as the jobs number came out very light. With that, the US dollar sold off initially, but we believe that traders are starting to...
The EUR/USD pair bounced at the open on Thursday, showing a little bit of resiliency. However, having said that we believe that the market continues to have support at the 1.11 level, and resistance at the 1.13...
The EUR/USD pair fell during the course of the day on Wednesday, showing weakness. However, we recognize that the market has been consolidating between the 1.11 level below, and the 1.13 level on the top. With that,...
The EUR/USD pair initially fell during the day on Tuesday, but found buyers below to turn things back around and form a nice-looking hammer. The hammer of course is a bullish sign, and if we can break...
The EUR/USD pair initially fell during the course of the session on Monday, but turned back around to show a relatively positive candle. That being the case, the market looks as if it should continue to go...
EURUSD could be in for a short-term reversal from its recent selloff, as the pair formed a double bottom pattern on its 1-hour time frame. Price has yet to test and break above the neckline of the...
EURUSD is facing 1.1087 support, a breakdown below this level will signal resumption of the downtrend from 1.1713, then next target would be at 1.0600 area. Resistance levels are at 1.1460 and 1.1713, only break above these...
