EURUSD’s bounce from 1.0462 extended to as high as 1.1391. Further rise to test 1.1533 key resistance is possible next week. As long as 1.1533 resistance holds, the bounce would possibly be consolidation of the downtrend from...
The EUR/USD pair tried to rally on Friday, but as the Nonfarm Payroll numbers came out, the pair fell back down. The resulting candle is a shooting star, and now is sitting on the 1.12 level. This...
EURUSD could be ready to make another bounce, as the pair is creating an ascending trend line on its 1-hour forex chart. Price just jumped to the 1.1400 handle recently before retreating towards support around the 1.1250...
The EUR/USD pair fell during the session on Thursday, as a bit of profit taking probably took hold. However, the 1.12 level below should be supportive, but with the nonfarm payroll numbers coming out today, a lot...
The EUR/USD pair broke much higher during the day on Wednesday, as it certainly looks as if the Euro rally will continue going further. It’s a bit surprising to us, but quite frankly now that we are...
The EUR/USD pair initially fell during the course of the session on Tuesday, but found enough support below to turn things back around and form a bit of a hammer. Because of this, we feel that the...
The EUR/USD pair had a negative session on Monday, as the 100 day exponential moving average offered dynamic resistance. On top of that, the shooting star that informed on Friday showed signs of resistance at the 1.12...
EURUSD broke above 1.1052 resistance, indicating that lengthier consolidation for the downtrend from 1.3993 (May 8, 2014 high) is underway. Further rise to test 1.1533 key resistance is possible, as long as this level holds, the downtrend...
The EUR/USD pair broke higher during the session on Friday initially, clearing the 1.12 level. However, the area offered enough resistance to turn things back around and form a nasty looking shooting star. This is at the...
The EUR/USD pair had a very volatile session on Thursday, breaking above the 1.12 level but pulling back just slightly. This begins a significant area of noise extending all the way to the 1.15 level, so that...
