The EUR/USD pair initially fell during the course of the session on Friday, crashing into the 1.11 handle. However, we ended up finding enough support down there to turn things back around and form a hammer, thereby...
The EUR/USD pair fell during the course of the session on Thursday, crashing through the 1.15 level again and making a fresh new low. This of course has a lot to do with the fact that the...
EURUSD broke below 1.1459 previous low support, and continued its downward movement from 1.2569, and the fall extended to as low as 1.1316. Further decline could be expected, and next target would be at 1.1000 area. Near...
The EUR/USD pair broke higher during the course of the session on Wednesday, but found enough resistance above to turn things back around and form a shooting star. That shooting star of course is a negative sign...
EURUSD remains in downtrend from 1.2569, the rise from 1.1459 could be treated as consolidation of the downtrend. Further decline could be expected after consolidation, and next target would be at 1.1300 area. Resistance levels are at...
The EUR/USD pair tried to break higher during the course of the session on Tuesday, but fell again and ended up forming a shooting star for the second day in a row. Because of this, it appears...
EURUSD is in consolidation of the downtrend from 1.2569. Range trading between 1.1459 and 1.1870 would likely be seen in a couple of days. Key resistance is at 1.1870, as long as this level holds, the downtrend...
The EUR/USD pair broke higher during the course of the day on Monday, but did not break the top of the hammer from Friday. We are essentially trying to build up enough of a bullish move to...
EURUSD remains in downtrend from 1.2569, the rise from 1.1459 is likely consolidation of the downtrend. Near term resistance is at 1.1700, as long as this level holds, the downtrend could be expected to continue, and next...
EURUSD’s downward movement from 1.2569 extended to as low as 1.1459. Near term resistance is at 1.1700, as long as this level holds, further decline could be expected after a minor consolidation, and next target would be...
