The EUR/USD pair initially fell back below the 1.28 level during the session on Thursday, but found enough buying pressure below to turn things back around and form a nice-looking hammer. This hammer suggests that we are...
EURUSD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.2500, the fall from 1.2867 is likely consolidation of the uptrend. As long as the trend line support holds, the uptrend could...
The EUR/USD pair broke higher during the course of the day on Wednesday, breaking above the 1.28 level. However, we are starting to see a bit of resistance just above it, so we are simply waiting for...
EURUSD’s upward movement extended to as high as 1.2867. Support is now at the rising trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to continue, and next...
The EUR/USD pair fell during the course of the day on Tuesday, testing the 1.2650 level for support. However, we believe that this market will ultimately go back down to the 1.25 handle, an area of significant...
EURUSD may be in for another set of losses, as the pair formed a reversal chart pattern on its 1-hour time frame. A double top formation can be seen, with price nearing the neckline around the 1.2600...
EURUSD failed to break above 1.2791 resistance, and stayed in the trading range between 1.2500 and 1.2791. However, the fall from 1.2791 would possibly be correction of the uptrend from 1.2500, as long as 1.2500 support holds,...
The EUR/USD pair initially fell during the course of the day on Monday, and then turned back around to attempt to break out above the 1.28 handle. That level of course is very resistive though, and we...
EURUSD is facing 1.2791 resistance, a break of this level will signal resumption of the uptrend from 1.2500, then next target would be at 1.2850 area. On the other side, as long as 1.2791 resistance holds, lengthier...
EURUSD is now in uptrend from 1.2500, the fall from 1.2791 is likely correction of the uptrend. Key support is at 1.2500, as long as this level holds, the uptrend could be expected to resume, and one...
