EURUSD remains in downtrend from 1.2569, the rise from 1.1754 is likely consolidation of the downtrend. Near term resistance is at the top of the price channel on 4-hour chart, as long as the channel resistance holds,...
EURUSD’s downward movement from 1.3993 (May 8, 2014 high) extended to as low as 1.1754. Near term resistance is at 1.2000, as long as this level holds, the downtrend could be expected to continue, and next target...
The EUR/USD pair initially broke down below the 1.18 level during the session on Friday, but as you can see sold buyers below in order to turn things back around and form a hammer. That hammer of...
The EUR/USD pair initially fell during the course of the day on Thursday, but found enough support below the 1.18 level to bounce and form a little bit of a hammer. This hammer suggests that the buyers...
EURUSD remains in downtrend from 1.2569, and the fall extended to as low as 1.1754. Further decline could be expected after a minor consolidation, and next target would be at 1.1500 area. Resistance levels are at 1.1880...
The EUR/USD pairfell during the session on Wednesday, testing the 1.18 handle. We see this as a major level of support, and the fact that it exists and we bounced off of it tells us that this...
EURUSD continued its downward movement from 1.2569, and the fall extended to as low as 1.1801. Further decline could be expected, and next target would be at 1.1500 area. Resistance is at 1.2000, only break above this...
The EUR/USD pair fell initially during the session on Tuesday, and then just essentially sat there at the 1.19 level. It appears that we are ready to grind sideways between now and nonfarm payroll, and quite frankly...
EURUSD’s downward movement from 1.2569 extended to as low as 1.1845. Further decline could be expected, and next target would be at 1.1700 area. Resistance is at 1.2050, only break above this level could signal completion of...
The EUR/USD pair initially tried to fall during the course of the session on Monday, but as you can see found enough support below to turn things back around and form a hammer. We are below the...
