EURUSD broke above 1.1467 resistance, and reached as high as 1.1713. The subsequent fall from 1.1713 indicate that the uptrend from 1.0808 had completed. Further decline to test 1.0462 support could be expected over the next several...
Despite its recent sharp selloff, EURUSD is still on an uptrend on its longer-term time frames. The pair is moving inside a rising channel on its 4-hour chart and may be ready to test the channel support...
The EUR/USD pair fell during the day on Tuesday, slamming into the 1.14 handle. This was the scene of significant resistance previously, so it should now be support. If we can break back above the 1.15 level,...
EURUSD is facing 1.1467 resistance, a break of this level will confirm that the uptrend from 1.0462 has resumed, then next target would be at 1.2500 area. Near term support is at 1.1100, only break below this...
The EUR/USD pair initially fell during the course of the session on Friday, but turned back around and slammed into the 1.14 region. There is a significant amount of resistance here though, so it’s probably only a...
The EUR/USD pair broke higher during the course of the day on Wednesday after initially touching the support level just above the 1.10 handle that we had seen during Tuesday’s trading. With this, it appears that the...
The EUR/USD pair fell during the day on Tuesday, reaching down towards the 1.10 handle. This is an area that has been the middle of the larger consolidation area lately, and we feel that could offer a...
EURUSD failed to break below 1.0808 support and stayed in the trading range between 1.0808 and 1.1467. As long as 1.0808 support holds, the price action in the range could be treated as consolidation of the uptrend...
The EUR/USD pair initially tried to rally during the course of the day on Friday but found the 1.12 level be far too resistive as we anticipated. Because of this, it looks like we are going to...
The EUR/USD pair fell a bit during the session on Thursday, but bounced enough to form a hammer in order to show signs of support. With that, it looks as if the market is going to try...
