The EUR/USD pair fell during the session on Wednesday, breaking below the 1.11 level. This suggests that the market is ready to go down to the longer-term target that we have been talking about, the 1.10 level....
EURUSD broke below 1.1097 support, indicating that the downtrend from 1.2569 (Dec 16, 2014 high) has resumed. Further decline could be expected, and next target would be at 1.0800 area. Resistance is at 1.1250, only break above...
The EUR/USD pair initially fell on Tuesday, but as you can see turned back around to form a hammer. That hammer of course suggests that we are going to continue to go back and forth, as there...
EURUSD’s downward movement from 1.1450 extended to as low as 1.1154. Further decline to test 1.1097 support is possible, a breakdown below this level will confirm that the downtrend from 1.2569 (Dec 16, 2014 high) has resumed,...
The EUR/USD pair tried to rally during the course of the day on Monday, but as you can see turned back around to form a shooting star. The shooting star suggests that the market is going to...
EURUSD remains in downtrend from 1.1450. Further decline to test 1.1097 support is possible, a breakdown this level will confirm that the downtrend from 1.2569 (Dec 16, 2014 high) has resumed, then the following downward movement could...
EURUSD’s downward movement from 1.1450 extended to as low as 1.1160. Further decline to test 1.1097 support could be expected, a breakdown this level will confirm that the downtrend from 1.2569 (Dec 16, 2014 high) has resumed,...
EURUSD stayed in the trading range between 1.1097 and 1.1533. As long as 1.1533 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.3993 (May 8, 2014 high), another...
EUR/USD pair tried to rally during the course of the session on Friday, but as you can see gave back all of the gains to close just below the 1.12 handle. The resulting candle is a shooting...
EUR/USD pair fell hard during the session on Thursday, breaking below the 1.12 handle. Because of this it appears that the market is ready to continue going lower, probably down to the 1.11 handle. We believe that...
