EURUSD moved sideways in a 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 from 1.2569 (Dec 16, 2014 high),...
The EUR/USD pair did very little during the session on Wednesday, testing the 1.13 level yet again. This is the bottom of the market recently, and as a result if we break higher we believe that we...
EURUSD is in short term downtrend from 1.1534. Deeper decline to test 1.1097 support would likely be seen, a breakdown below this level will signal resumption of the longer term downtrend from 1.2569 (Dec 16, 2014 high),...
The EUR/USD pair fell initially during the course of the day on Tuesday, but found enough support at the 1.13 level to turn things back around and form a hammer. That being the case, the market looks...
EURUSD is in consolidation of the downtrend from 1.2569 (Dec 16, 2014 high). Range trading between 1.1097 and 1.1650 is possible over the next several days. Support is at 1.1097, a breakdown below this level could signal...
The EUR/USD pair initially tried to fall during the course of the day on Monday, but found enough support at the 1.13 level to bounce and form a little bit of a hammer. This suggests that the...
EURUSD remains in downtrend from 1.2569 (Dec 16, 2014 high), the rise from 1.1097 would possibly be consolidation of the downtrend. Range trading between 1.1097 and 1.1650 would likely be seen over the next several days. Key...
The EUR/USD pair fell during the course of the session on Friday, as the nonfarm payroll numbers came out much stronger than anticipated. The 1.15 level of course has offered resistance yet again, and it now appears...
EURUSD’s bounce from 1.1097 extended to as high as 1.1533. Near term resistance is at 1.1600, as long as this level holds, the bounce could be treated as consolidation of the downtrend from 1.3993 (May 8, 2014...
The EUR/USD pair rose during the course of the day on Thursday, as the market bounced to the 1.15 level. This of course is an area that is a significant amount of resistance based upon the large,...
