The EUR/USD pair initially fell during the course of the session on Tuesday, but found support just above the 1.09 level in order to form a hammer. The hammer of course suggests that the buyers are returning...
EURUSD has had trouble breaking past the 1.1400 major psychological barrier and has formed a double top pattern on its 4-hour chart. This reversal signal could indicate that the previous uptrend is over and that selling pressure...
The EUR/USD pair went back and forth during the course of the session on Monday as the referendum announcement in Greece came out. Because of this, we tested the 1.10 level, but it did hold. Because of...
EURUSD continued its sideways movement in a range between 1.0819 and 1.1467. Key support is at 1.0819, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend...
The EUR/USD pair did very little during the session on Friday as we await the Greek referendum vote. That being the case, the market looks as if it will be very volatile on Monday. There is an...
The EUR/USD pair went back and forth after a lackluster employment number came out of the United States on Thursday. However, with more important to us is that we are still above the uptrend line, and of...
The EUR/USD pair initially tried to rally during the course of the day on Wednesday, but then turned back around to test support below. With that being the case, we feel that it’s only a matter of...
Although the EUR/USD pair had a slightly negative session on Tuesday, the fact of the matter is that we bounced hard enough on Monday to suggest that there is quite a bit of buying pressure underneath. With...
The EUR/USD pair gapped lower at the open on Monday, crashing into the 1.10 handle. This area had enough support in it though to keep the market afloat and we bounced much higher. In fact, we ended...
URUSD finally broke out of its triangle consolidation pattern visible on longer-term time frames, signaling that the pair is ready for more declines. Price gapped down over the weekend and opened below the ascending triangle support....
