EURUSD continued its sideways movement in a range between 1.1261 and 1.1534. Support is at 1.1261, a breakdown below this level will signal resumption of the downtrend from 1.2569 (Dec 16, 2014 high), then the following downward...
The EUR/USD pair went back and forth on Tuesday, ultimately hugging the 1.14 level yet again. We believe that this market is essentially going sideways and below the 1.15 level overall as the Euro continues to have...
EURUSD has been forming lower highs and higher lows, creating a triangle pattern on its 1-hour forex time frame. At the moment, price is testing the top of the consolidation pattern and may be due for a...
EURUSD stayed in a narrow range between 1.1261 and 1.1534. Support is at 1.1261, a breakdown below this level will signal resumption of the downtrend from 1.2569 (Dec 16, 2014 high), then the following downward movement could...
The EUR/USD pair fell during the course of the session on Monday, however we still have plenty of support below. It is not until we break down below the 1.13 level that we are comfortable selling, unless...
EURUSD failed to break above 1.1534 resistance, and stayed in the trading range between 1.1097 and 1.1534. As long as 1.1534 resistance holds, the price action in the range could be treated as consolidation of the downtrend...
EURUSD is facing 1.1534 resistance, a break of this level will indicate that lengthier consolidation for the downtrend from 1.2569 (Dec 16, 2014 high) is needed, then further rise to 1.1650 – 1.1700 area could be seen....
EURUSD remains in downtrend from 1.3993 (May 8, 2014 high), the rise from 1.1097 is likely consolidation of the downtrend. Range trading between 1.1097 and 1.1600 would likely be seen in a couple of weeks. As long...
The EUR/USD pair fell slightly during the session on Friday, as the market continues to grind away below the 1.15 handle. We look at this is the massive resistance that the market is trying to find its...
The EUR/USD pair broke higher during the course of the session on Thursday, clearing the top of a couple of neutral candles. By doing so, it appears that the market will more than likely try to get...
