The EUR/USD pair fell during the course of the day on Wednesday as the market continues to look soft for the Euro in general. With that, we recognize that the 1.13 level below will be supportive so...
EURUSD is in consolidation of the downtrend from 1.2569 (Dec 16, 2014 high). Range trading between 1.1097 and 1.1650 would likely be seen over the next several days. Key resistance is at 1.1650, as long as this...
The EUR/USD pair broke higher during the day on Tuesday, slamming into the 1.15 level. However, this is an area that begins a cluster of resistance up to the 1.1650 level, and that of course is followed...
EURUSD broke above the downward trend line on 4-hour chart, indicating that the downtrend from 1.2569 (Dec 16, 2014 high) had completed at 1.1097 already. Range trading between 1.1097 and 1.1650 would likely be seen over the...
The EUR/USD pair did very little during the session on Monday, but continues to essentially grind its way sideways, as the market has no idea what to do at this point. The 1.14 level continues to be...
EURUSD is facing the resistance of the downward trend line on 4-hour chart. A clear break above the trend line resistance will indicate that the downtrend from 1.2569 (Dec 16, 2014 high) had completed at 1.1097 already,...
EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.2569 (Dec 16, 2014 high). As long as the trend line resistance holds, the rise from 1.1097 could be treated as consolidation...
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. Near term...
The GBP/USD pair fell during the beginning of the session on Friday, bouncing off of the 1.50 level. That being the case, we bounced enough to form a hammer, and it now looks as if we are...
The EUR/USD pair did very little during the session on Friday, as we continued to grind sideways as we have seen over the last several sessions. That being the case, it looks like the market is ready...
