The EUR/USD pair broke down during the session on Wednesday, testing the 1.05 level, which we see as massively supportive. In the meantime, we think that this market simply grinds sideways, as it seems to be a...
EURUSD continued its downward movement from 1.1450, and the fall extended to as low as 1.0503. Further decline could be expected after a minor consolidation, and next target would be at 1.0200 area. Resistance is at 1.0700,...
The EUR/USD pair broke down during the session on Tuesday, breaking the bottom of the shooting star that had formed on Monday. Because of this, we ended up going below the 1.07 level, and making fresh, new...
EURUSD’s downward movement from 1.1450 extended to as low as 1.0667. Resistance is now at 1.0900, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.0500 area....
The EUR/USD pair initially tried to rally during the course of the day on Monday, but found the sellers far too stringent, and then pullback to form a bit of a shooting star. The shooting star at...
EURUSD remains in downtrend from 1.1450. Further decline is possible after a minor consolidation, and next target would be at 1.0500 area. Resistance is at 1.1000, only break above this level could signal completion of the downtrend.
EURUSD continued its downward movement from 1.1450, and the fall extended to as low as 1.0822. Further decline could be expected after a minor consolidation, and next target would be at 1.0500 area. Resistance is at 1.1000,...
EURUSD broke below 1.1097 support, and continued its downward movement from 1.3993 (May 8, 2014 high), and the fall extended to as low as 1.0839. Key resistance is now at 1.1533, as long as this level holds,...
The EUR/USD pair went back and forth during the course of the session on Thursday, but most importantly tested the 1.10 level for support. We ended up finding support there, and turning back around. Ultimately though, with...
EURUSD’s downward movement from 1.1450 extended to as low as 1.0987. Further decline could be expected, and next target would be at 1.0800 area. Resistance is now at 1.1165, as long as this level holds, the downtrend...
