The EUR/USD pair broke out to the upside during the session on Wednesday and cleared the 1.10 level as weaker than anticipated GDP numbers came out of the United States. Expected to be 1%, the announcement actually...
The EUR/USD pair broke higher during the course of the session on Tuesday, heading towards the 1.10 level. This is an area that we should see quite a bit of resistance at, and with the Federal Reserve...
The EUR/USD pair initially fell during the course of the session on Monday, but found enough support to turn things back around and form a positive candle. With this, the market looks like it’s going to try...
EURUSD continued tis sideways movement in a range between 1.0462 and 1.1052. Near term resistance is at the top of the price channel on daily chart, followed by 1.1052. As long as 1.1052 resistance holds, the sideways...
The EUR/USD pair rose during the session on Friday, breaking above the 1.08 level. However, we see a significant amount resistance all the way to the 1.10 handle, so we are not too enthused about going long...
The EUR/USD pair initially fell during the session on Thursday, but then shot straight up. However, we are approaching the 100 day exponential moving average, and we recognize that there is a significant amount resistance all the...
The EUR/USD pair tried to rally during the course of the session on Wednesday, but found enough resistance above the 1.08 level to turn things back around and form a shooting star. Because of this, it looks...
The EUR/USD pair went back and forth during the course of the day on Tuesday, ultimately settling on a relatively neutral candle. With this, looks like the market is simply looking stagnant at that point, just as...
The EUR/USD pair did almost nothing during the session, ending with a slightly bearish candle. However, looks at the pair is getting ready to “roll over”, and with that we feel that the market is probably heading...
EURUSD moved sideways in a range between 1.0462 and 1.1052. As long as 1.1052 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.3993 (May 8, 2014 high), another...
