EURUSD failed to break above 1.2599 resistance, and stays in the trading range between 1.2247 and 1.2599. As long as 1.2599 resistance holds, the price action in the range could be treated as consolidation of the downtrend...
EUR/USD pair broke higher during the course of the session on Tuesday, but ran into quite a bit of resistance just above the 1.25 handle. That being the case, we ended up forming a massive shooting star,...
EURUSD moved sideways in a trading range between 1.2247 and 1.2599. As long as 1.2599 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.2867 (Oct 15 high), another...
The EUR/USD pair went back and forth during the course of the session on Monday, but ended up forming a relatively benign and neutral candle. Because of this, it feels as if the market should continue to...
EURUSD is consolidating inside a symmetrical triangle pattern ahead of the top-tier events from both the euro zone and the US this week. For today, German and French manufacturing and services PMIs are lined up and these...
EURUSD remains in short term uptrend from 1.2247. Further rise to test 1.2599 resistance would likely be seen. Support is at 1.2361, only break below this level will indicate that the uptrend is complete, then the following...
EURUSD continued its sideways movement in a range between 1.2247 and 1.2599. As long as 1.2599 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 1.2867 (Oct 15 high), another fall to...
EURUSD broke above the upper line of the price channel on daily chart, indicating that consolidation of the downtrend from 1.3993 is underway. Range trading between 1.2247 and 1.2599 would likely be seen in a couple of...
The EUR/USD pair broke higher during the course of the day on Friday, but struggled at the 1.25 level yet again. With that being the case, the market looks as if it’s going to continue to sell...
The EUR/USD pair initially tried to rally to the 1.25 handle, but as you can see Thursday was far too resistive and negative to hang onto the gains. Because of this, we ended up crashing towards the...
