The EUR/USD pair initially tried to rally during the session on Wednesday, but as you can see turned back around and close towards the end of the day, forming a negative looking candle. The range was pretty...
EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.3650. Further decline could be expected, and next target would be at 1.3300 area. Only a clear break above the trend line...
The EUR/USD pair broke down during the session on Tuesday, slicing through the 1.35 handle with ease. That shows real weakness, and as a result we feel that the market should continue to go lower, probably heading...
EURUSD’s downward movement from 1.3650 extended to as low as 1.345. Further decline could be expected after a minor consolidation, and next target would be at 1.3300 area. Near term resistance is located at the trend line...
The EUR/USD pair tried to rally during the session on Monday, but as you can see the market failed to hang onto the gains, and we turned around and form a shooting star. The shooting star of...
EURUSD remains in downtrend from 1.3700, the rise from 1.3490 is likely consolidation of the downtrend. Resistance is located at the upper line of the price channel on 4-hour chart. As long as the channel resistance holds,...
EURUSD’s downward movement from 1.3700 extended to as low as 1.3490. Further decline could be expected after a minor consolidation, and next target would be at 1.3300 area. Resistance is located at the upper line of the...
EURUSD is facing 1.3477 support again, a breakdown below this level will confirm that the long term uptrend from 1.2747 (Apr 4, 2013 low) had completed at 1.3993 already, then next target would be at 1.3000 area....
The EUR/USD pair initially fell during the course of the day on Friday, but as you can see found quite a bit of support at the 1.35 handle. This area has been supportive for some time now,...
The EUR/USD pair went back and forth during the session on Thursday, showing that the 1.35 level would of course continue to be supportive. With this being the case, the market feels as if it’s ready to...
