The EUR/USD pair broke higher during the course of the day on Tuesday, but we still have the 1.26 level above that should be resistive. That being the case, the market should see sellers coming back into...
EURUSD remains in downtrend from 1.2867, the rise from 1.2441 is likely consolidation of the downtrend. Resistance is located at the upper line of the price channel on 4-hour chart. As long as the channel resistance holds,...
The EUR/USD pair did very little during the session on Monday, as we continue to hang about the 1.25 level. That being the case, the market looks as if it is trying to decide whether or not...
EURUSD’s downward movement from 1.2867 extended to as low as 1.2441. Further decline could be expected after a minor consolidation, and next target would be at 1.2200 area. Resistance is at 1.2570, only break above this level...
EURUSD seems to be gearing up to make new lows, as price is testing the previous ones near the 1.2500 major psychological level. A break below this area could signify that further losses are in the cards...
EURUSD broke below 1.2500 support, indicating that the downtrend from 1.3700 (Jul 1 high) has resumed. Further decline could be expected, and next target would be at 1.2200 area. Near term resistance is at 1.2570, only break...
After consolidation, EURUSD broke below 1.2500 support, indicating that the downtrend from 1.3993 has resumed. Further decline could be expected over the next several weeks, and next target would be at 1.2000 area. Key resistance is at...
The EUR/USD pair broke down during the course of the session on Friday, breaking the bottom of the hammer from the Thursday session. We even went below the 1.25 level at one point in time, but at...
The EUR/USD pair fell hard during the session on Thursday, but turned back around and bounced hard enough to form a beautiful looking hammer. The hammer is fixated on the 1.26 level, and that being the case...
EURUSD’s downward movement from 1.2867 extended to as low as 1.2547. Further decline to test 1.2500 support could be expected, a breakdown below this level will signal resumption of the downtrend from 1.3700 (Jul 1 high), then...