EURUSD continued its downward movement from 1.3993 (May 8, 2014 high), and the fall extended to as low as 1.1459. Further decline could be expected after a minor consolidation, and next target would be at 1.1000 area....
The EUR/USD pair initially fell on writing, but found enough support below the 1.15 level to turn things back around and form a hammer. The hammer of course suggests that the market is ready to bounce and...
The EUR/USD pair broke down during the course of the session on Thursday, and as a result we are well below the 1.18 handle now. Keep in mind that the Swiss National Bank got rid of the...
EURUSD continued its downward movement from 1.2569, and he fall extended to as low as 1.1568. Further decline could be expected over the next several days, and next target would be at 1.1400 area. Resistance levels are...
The EUR/USD pair went back and forth during the course of the session on Wednesday, showing a confused and stubborn market. Ultimately, we believe that this market will probably find some type of support in this area...
EURUSD’s downward movement from 1.2569 extended to as low as 1.1744. Further decline could be expected, and next target would be at 1.1500 area. Resistance is now at 1.1870, only break above this level will indicate that...
The EUR/USD pair broke down during the course of the session on Tuesday, breaking below the hammers that we had seen form. That being the case, it is a fairly negative sign, and if we can continue...
EURUSD is in consolidation of the downtrend from 1.2569. Range trading between 1.1754 and 1.1975 would likely be seen in a couple of days. Resistance is at 1.1975, as long as this level holds, the downtrend could...
The EUR/USD pair as you can see initially fell during the bulk of the session on Monday, testing the 1.18 level for support. With that being the case, the market looks as if it bounced from there...
EURUSD broke above the upper line of the price channel on 4-hour chart, indicating that lengthier consolidation for the downtrend from 1.2569 is needed, range trading between 1.1754 and 1.1975 could be seen in a couple of...
