EURUSD continued its downward movement from 1.3700, and the fall extended to as low as 1.2676. Further decline is still possible after a minor consolidation, and next target would be at 1.2200 area. Resistance is at 1.2900,...
The EUR/USD pair fell during the course of the day on Friday, breaking the bottom of the hammer from the Thursday session. This of course is a very negative sign and therefore we feel that the market...
The EUR/USD pair initially fell during the course of the day on Thursday, but as you can see found enough support just below the 1.27 level to turn things back around and form a nice-looking hammer. The...
EURUSD has been trending lower and has recently made another strong break below support at the 1.2800 major psychological level. Price dipped to the 1.2700 mark before making a quick bounce and starting a potential retracement. Using...
EURUSD’s downward movement from 1.3411 extended to as low as 1.2696. Resistance is located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to continue,...
The EUR/USD pair fell during the course of the day on Wednesday, breaking below the 1.28 level. However, the 1.28 level is in the isn’t the be-all end-all of support, it is just simply a major spot...
EURUSD continued its downward movement from 1.3411 and the fall extended to as low as 1.27734. Further decline could be expected and next target would be at 1.2600 area. Near term resistance is at the downward trend...
The EUR/USD pair broke higher during the course of the day on Tuesday, but found enough resistance near the 1.29 level to turn things back around and form a shooting star. The shooting star of course is...
EURUSD failed to break above the downward trend line on 4-hour chart, indicating that the pair remains in downtrend from 1.3411. As long as the trend line resistance holds, further decline could be expected, and next target...
The EUR/USD pair initially fell during the course of the day on Monday, but bounced just above the 1.28 level. The resulting candle of course is a hammer, and because of that we feel that the market...
