The EUR/USD pair initially fell during the session on Tuesday, but found enough support below to turn things back around and form a hammer. This hammer suggests that the market is ready to go higher, perhaps testing...
EURUSD’s bounce from 1.3575 extended to as high as 1.3622. Resistance is at 1.3650, as long as this level holds, the bounce could be treated as consolidation of the downtrend from 1.3700, another fall towards 1.3500 is...
The EUR/USD pair initially fell during the session on Monday, but found enough support below the 1.36 level in order to continue going higher. This market of course formed a hammer for the day, which seems to...
EURUSD remains in downtrend from 1.3700, the rise from 1.3575 is likely consolidation of the downtrend. Resistance is at 1.3650, as long as this level holds, the downtrend could be expected to resume, and another fall towards...
EURUSD’s downward movement from 1.3700 extended to as low as 1.3580. Further decline could be expected, and next target would be at 1.3500 area. Resistance levels are at 1.3650 and 1.3700, only break above these levels could...
EURUSD’s bounce from 1.3503 reached 1.3700 only, the subsequent fall is likely resumption of the downtrend from 1.3993. Deeper decline to re-test 1.3477 key support is possible next week, a breakdown below this level will confirm that...
The EUR/USD pair fell during the session on Friday, but needless to say since the Americans were celebrating Independence Day, liquidity would have been a bit of an issue. We are starting to bounce around the 1.36...
The EUR/USD pair fell during the course of the day on Thursday, as the jobs number out of the United States came out better than originally anticipated, so this of course grow the value of the US...
EURUSD broke below the upward trend line on 4-hour chart, indicating that the uptrend from 1.3512 had completed at 1.3700 already. The pair is now in downtrend, further decline could be expected, and next target would be...
The EUR/USD pair fell during the session on Wednesday, testing the 1.3650 handle. That level of course was a resistance area, and breaking above it was significant as well. The fact that we are starting to find...
