The EUR/USD pair broke higher during the course of the session on Tuesday, but as you can see found enough resistance near the 1.10 level to turn things back around and form a massive shooting star. This...
EURUSD is testing 1.1045 resistance, a break of this level will signal resumption of the uptrend from 1.0462, then next target would be at 1.1200 area. On the other side, as long as 1.1045 resistance holds, the...
The EUR/USD pair initially fell during the session on Monday, but then shot higher later in the day in order to challenge the 1.0950 region. We still see the 1.10 level as resistance, as the market has...
EURUSD is facing 1.1045 resistance, as long as this level holds, the sideways movement in a range between 1.0462 and 1.1045 could be expected to continue. However, a break of 1.1045 resistance will indicate that the uptrend...
EURUSD continued its sideways movement in a range between 1.0462 and 1.1045. Resistance is at 1.1045, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend from...
EURUSD remains in downtrend from 1.3993 (May 8, 2014 high), the rise from 1.0462 is likely consolidation of the downtrend. Range trading between 1.0462 and 1.1200 is possible over the next several weeks. Key resistance is at...
The EUR/USD pair broke higher during the course of the session on Friday, closing above the 1.08 level. It looks like we are heading back to the 1.10 level given enough time, but we also recognize that...
The EUR/USD pair fell during the course of the session on Thursday, showing that we couldn’t hang onto the gains from Wednesday. We’ve completely wiped out that candle for the most part, and as a result it...
EURUSD is forming a sideways consolidation in a range between 1.0462 and 1.1045. The sideways movement could be expected to continue over the next several days. As long as 1.1045 resistance holds, the long term downtrend from...
The EUR/USD pair broke higher during the course of the day on Wednesday, testing the 1.10 level after the Federal Reserve suggested that perhaps the interest rates in the United States will remain low for a longer...
