EURUSD remains in downtrend from 1.3700, and the fall extended to as low as 1.2500. Resistance is now at 1.2700, as long as this level holds, the downtrend could be expected to continue, and next target would...
EUR/USD pair fell hard during the course of the day on Friday, slamming into the 1.25 level. That of course is a large, round, psychologically significant number. That is a major support barrier, and as a result...
EURUSD broke above the upper line of the price channel on 4-hour chart, indicating that the downtrend from 1.2994 had completed at 1.2570 already. Further rally would likely be seen in a couple of days, and next...
The EUR/USD pair went back and forth during the course of the day on Wednesday, essentially hugging the 1.62 level. This isn’t a big surprise though, as the ECB has an interest rate decision coming out later...
EURUSD is facing the resistance of the upper line of the price channel on 4-hour chart, a clear break above the channel resistance will signal completion of the uptrend from 1.2994, then further rise to 1.2900 area...
The EUR/USD pair fell during the course of the day on Tuesday, it bounced enough from the 1.2550 region to form a hammer. This suggests to us that we could see a bounce from here and perhaps...
EURUSD stays in the downward price channel on 4-hour chart, and remains in downtrend from 1.2994, the rise from 1.2570 is likely consolidation of the downtrend. Resistance is located at the upper line of trend line, as...
The EUR/USD pair tried to rally during the course of the day on Monday, but as you can see failed near the 1.27 level. This area ended up pushing market back down and forming a shooting star,...
EURUSD remains in downtrend from 1.3411, as long as 1.2765 resistance holds, the downtrend could be expected to continue, and next target would be at 1.2500 area. Key resistance is located at the downward trend line on...
EURUSD continued its downward movement from 1.3411, and the fall extended to as low as 1.2666. Further decline would likely be seen after a minor consolidation, and next target would be at 1.2500 area. Near term resistance...