The EUR/USD pair initially fell during the course of the day on Wednesday, but found enough support below the 1.0750 level to turn things back around and form a hammer. This is the second hammer in a...
EURUSD stays in the downward price channel on 4-hour chart, and remains in the short term downtrend from 1.1052. As long as the channel resistance holds, the downtrend could be expected to continue, and next target would...
The EUR/USD pair fell during the course of the day on Tuesday, as we are now below the 1.0750 handle. With this, we believe that the Euro continues to fall, and will eventually test the 1.05 level...
EURUSD remains in downtrend from 1.1052, and the fall extended to as low as 1.0713. Near term resistance is at the top of the price channel on 4-hour chart, as long as the channel resistance holds, the...
The EUR/USD pair broke down a little bit during the session on Monday, as the market is now testing the 1.08 handle. If we can get below that number, we believe that this market will then head...
EURUSD is in short term downtrend from 1.1052. Deeper decline to test 1.0462 support would likely be seen, a breakdown below this level will signal resumption of the long term downtrend from 1.3993 (May 8, 2014 high)....
The EUR/USD pair went back and forth during the course of the session on Friday, as we continue to hang about the 1.09 level. That being the case, the market looks as if it does one to...
EURUSD failed to break above 1.1045 resistance, and stayed in the trading range between 1.0462 and 1.1045, indicating that sideways movement in the range is underway. Further decline to test 1.0462 support would likely be seen, a...
EURUSD stays in the downward price channel on daily chart, and remains in downtrend from 1.3993 (May 8, 2014 high), the rise from 1.0462 could be treated as consolidation of the downtrend. Resistance is located at the...
The EUR/USD pair tried to rally during the course of the day on Wednesday, but ran into trouble at the 1.10 level yet again. With that, it looks like the market will sell off again, and a...
