During a particularly line session on Monday, the EUR/USD pair went nowhere. With that, we feel that the market really hasn’t told his much but we understand that the downside is most certainly favored at this point....
EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.3411. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...
EURUSD’s downward movement from 1.3411 extended to as low as 1.3121. Near term 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...
The EURUSD has dropped sharply and looking just at the chart it seems as if there is no end in sight as traders do not want to try and catch a falling dagger. From a technical perspective...
EURUSD continued its downward movement from 1.3993, and the fall extended to as low as 1.3129. Further decline could be expected in a couple of weeks, and next target would be at 1.2700 area. Near term resistance...
The EUR/USD pair had another negative session on Friday, breaking below the support that we’ve seen recently. With that being the case, we feel that the market will head to the 1.31 level, and then eventually the...
EURUSD is in consolidation of the downtrend from 1.3700 (Jul 1 high). Range trading between 1.3152 and 1.3300 would likely be seen in a couple of days. Resistance levels are at 1.3240 and 1.3300, as long as...
The EUR/USD pair tried to rally again during the session on Thursday, but yet again the 1.32 level has offered resistance, and therefore the market formed a shooting star again. The US dollar looks like its still...
EURUSD broke above the downward trend line on 4-hour chart, indicating that consolidation of the downtrend from 1.3700 (Jul 1 high) is underway. Range trading between 1.3152 and 1.3300 is possible over the next several days. Key...
The EUR/USD pair tried to rally initially during the day on Tuesday, but as you can see the 1.32 area has offered resistance again. With that being the case, the market seems like it’s ready to continue...
