EURUSD’s upward movement from 1.2358 extended to as high as 1.2599. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 1.2650 area. However, a clear...
The EUR/USD pair broke higher during the course of the day on Tuesday, clearing the 1.25 level yet again. This market continues to slice back and forth, so therefore we feel that this market will eventually turned...
EURUSD stays above the rising trend line on 4-hour chart, and remains in uptrend from 1.2358, the fall from 1.2577 would possibly be consolidation of the uptrend. As long as the trend line support holds, the uptrend...
The EUR/USD pair tried to break out to the upside, but fell rather hard and closed well below the 1.25 level. The 1.26 level of course was resistive, and as a result we continue to see the...
EURUSD’s upward movement extended to as high as 1.2577. Further rise is still possible, and next target would be at 1.2600 – 1.2650 area. Support is located at the upward trend line on 4-hour chart, only a...
EURUSD broke above 1.2508 resistance, indicating that the downtrend from 1.2867 had completed at 1.2358 already. Further rally would likely be seen, and next target would be at 1.2600 – 1.2650 area. Support is at 1.2358, only...
EURUSD remains in downtrend from 1.3993, the rise from 1.2357 is likely consolidation of the downtrend. Resistance is located at the top of the price channel on daily chart. As long as the channel resistance holds, the...
The EUR/USD pair initially fell during the course of the session on Friday, but then bounced above the 1.25 level by the time we close. This of course is a very positive looking candle, and as a...
EURUSD has been moving inside a symmetrical triangle pattern since the start of the month, creating higher lows and lower highs. The pair just came off a test of triangle resistance and may be due south, possibly...
EURUSD is testing the resistance of the downward price channel on 4-hour chart. As long as the channel resistance holds, the rise from 1.2358 could be treated as consolidation of the downtrend from 1.2867, another fall to...