The EUR/USD pair initially broke higher during the course of the day on Thursday, but found enough resistance at the 1.14 level to turn things back around and form a shooting star. The shooting star is of...
EURUSD recently pulled up from its sharp dive below the 1.1150 minor psychological level onto the 1.0800 area, creating a corrective wave on its 4-hour forex chart. The Fibonacci retracement tool shows that the 50% level lines...
The EUR/USD pair had a very volatile session on Monday, ultimately showing a bit of bullishness towards the end of the day. Because of this, we still believe that the market breaks above the 1.10 level, that...
Being contained by the bottom of the price channel on daily chart, EURUSD rebounded from 1.0819, indicating that the pair remains in short term uptrend from 1.0462. Another rise to test 1.1533 resistance would likely be seen,...
The EUR/USD pair initially fell during the course of the session on Friday, and then slammed into the 1.10 level. With that, we feel that the market is trying to break out, and the fact that we...
The EUR/USD pair initially fell during the course of the session on Thursday, but found enough support to turn things back around and form a hammer. This is the second hammer in a row, and as a...
The EUR/USD pair went back and forth wildly during the session on Wednesday, as we continue to move based upon rumors coming out of Athens. With that being said, it’s quite frankly easier to simply avoid this...
EUR/USD pair fell during the course of the session on Tuesday, slicing below the 1.09 level. Because of this, we feel the market is ready to go much lower, probably heading towards the lows of the 1.06...
The EUR/USD pair went back and forth during the course of the session on Monday, as we continue to bounce around the 1.10 level. This is a market that continues to be attracted to this level, an...
EURUSD failed to break above 1.1533 resistance, indicating that the pair remains in downtrend from 1.3993 (May 8, 2014 high), and the price action from 1.0462 would possibly be consolidation of the downtrend. Further decline would likely...
