EURUSD’s downward movement from 1.3993 extended to as low as 1.2164. Near term resistance is located at the downward trend line on daily chart, as long as the trend line resistance holds, the downtrend could be expected...
The EUR/USD pair as you can see initially tried to rally during the course of the day on Wednesday, but as you can see turned back around in order to form a shooting star. Ultimately, this means...
The EUR/USD pair tried to rally during the course of the session on Monday, but as you can see struggled to keep most of the gains. With that being the case, we believe that this market will...
EURUSD remains in downtrend from 1.2569, and the fall extended to as low as 1.2216. Further decline could be expected after a minor consolidation, and next target would be at 1.2000 area. Resistance is at 1.2350, only...
EURUSD broke below 1.2247 support indicating that the downtrend from 1.2886 (Oct 15 high) has resumed. Further decline could be expected, and next target would be at 1.2000 area. Near term resistance is at 1.2350, only break...
EURUSD broke below 1.2247 previous low, indicating that the downtrend from 1.3993 has resumed. Near term resistance is at the downward trend line on daily chart, as long as the trend line resistance holds, further decline could...
The EUR/USD pair fell during the session on Friday as you can see, making a fresh new low. Because of that, we feel that the 1.22 level will be tested to the downside, and if we break...
The EUR/USD pair broke down during the session on Thursday, testing the 1.2250 region. Because of this, we feel that the market will more than likely try to break down given enough time, but it’s difficult to...
EURUSD is facing 1.2247 support, a breakdown below this level will signal resumption of the downtrend from 1.2867 (Oct 15 high), then next target would be at 1.2000 area. Near term resistance is at 1.2375, only break...
The EUR/USD pair fell during the session on Wednesday, as the 1.25 level has offered resistance yet again. The fall was rather significant, so we feel that we were probably heading back to the bottom of the...
