The EUR/USD pair initially fell during the course of the day on Friday, but then turned back around to form a bit of a hammer. We closed above the 1.12 level, but ultimately the thing we have...
The EUR/USD pair initially tried to rally during the course of the day on Thursday, but struggled at the 1.13 region. Because of this, we ended up giving back about half of the gains which course doesn’t...
The EUR/USD pair broke higher during the course of the day on Wednesday, testing the 50 day exponential moving average. The 1.12 level above is going to be resistive as well, but if we can break above...
The EUR/USD pair fell significantly during the course of the session on Tuesday, as we are now well below the 50 day exponential moving average. However, the 1.11 level below looks like it is somewhat supportive, and...
The EUR/USD pair fell during the session on Monday as we continue to see quite a bit of volatility in this pair. This of course is due to the fact that the Federal Reserve has confused just...
EURUSD is in downtrend from 1.1713, the rise from 1.1087 could be treated as correction of the downtrend. Further decline is still possible after correction, and next target would be at 1.0600 area. Key resistance is at...
The EUR/USD pair initially tried to break higher during the course of the day on Friday but found the 1.15 level above to be far too resistive for the market to continue going higher. With that being...
The EUR/USD pair initially fell during the day on Wednesday, but found enough support near the 1.12 level to turn things back around and form a nice-looking hammer. The hammer of course suggests that the buyers are...
The EUR/USD pair fell during the course of the session on Thursday, in order to show signs of weakness. However, we think that this pullback will eventually attract traders. In the meantime, we also recognize that the...
EURUSD remains in downtrend from 1.1713, the bounce from 1.1087 is likely correction of the downtrend. Another fall could be expected after correction, and next target would be at 1.0600 area. Key resistance is at 1.1713, only...
