The EUR/USD pair initially tried to rally during the day on Tuesday, but the Euro continued to struggle during the session, and slammed into the 1.34 handle. With that, we feel that the market could continue to...
EURUSD’s downward movement from 1.3650 extended to as low as 1.3403. Initial resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to continue,...
In the EUR/USD pair tried to rally during the course of the day on Monday, but as you can see gave back most of the gains. In the end, we ended up forming a shooting star which...
EURUSD remains in downtrend from 1.3650, as long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 1.3300 area. On the upside, a clear break above the...
EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.3650, and the fall extended to as low as 1.3421. As long as the trend line resistance holds, the downtrend could be...
The US Dollar has rallied during this week’s trading session especially gains the Euro and there has been an increase in US Dollar bulls in the market place. The US currency did rally from a very low...
EURUSD broke below 1.3477 support, indicating that the uptrend from 1.2747 (Apr 4, 2013 low) had completed at 1.3993 already. The pair is now in downtrend, further decline could be expected over the next several weeks, and...
The EUR/USD pair fell again during the session on Friday, breaking the bottom of the candle from the Thursday session, showing us that the market should continue to go lower. The 1.33 level below should be supportive...
The EUR/USD pair went back and forth during the session on Thursday, essentially settling nothing as we printed a neutral candle. The market still looks a very weak though, and as a result we favor selling at...
EURUSD remains in downtrend from 1.3650, the rise from 1.3437 is likely consolidation of the downtrend. Initial resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend...
