EURUSD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.3512, the fall from 1.3700 could be treated as consolidation of the uptrend. As long as the trend line support holds, the...
The EUR/USD pair fell during the session on Tuesday, as the 1.37 level did in fact offer resistance. This is been the case for this level for some time now, and although we did shoot through quite...
EURUSD’s upward movement from 1.3512 extended to as high as 1.3700. Further rise could be expected after consolidation, and next target would be at 1.3800 area. Key support is at the upward trend line on 4-hour chart,...
The EUR/USD pair broke higher during the session on Monday, slamming into the 1.37 handle. This is an area that’s been significant resistance previously, so it makes sense that the market stopped right there. However, the fact...
EURUSD broke above 1.3676 key resistance, indicating that the downtrend from 1.3993 (May 8 high) had completed at 1.3502 already. Near term support is at 1.3650, as long as this level holds, the uptrend from 1.3512 could...
EURUSD is facing 1.3651 resistance, a break above this level will signal resumption of the short term uptrend from 1.3512, then further rise to test 1.3676 key resistance could be seen. Support is at 1.3564, only break...
EURUSD failed to break below 1.3477 key support, indicating that the pair remains in uptrend from 1.2747 (Apr 4, 2013 low), and the fall from 1.3993 could be treated as consolidation of the uptrend. As long as...
The EUR/USD pair had a positive session on Friday, breaking the top of the hammer for the Thursday session which of course is a strong buy signal. However, there is a significant amount of resistance just above...
The EUR/USD pair fell during the session on Thursday, but you can see found enough support to bounce and form a hammer. This hammer suggests that we are experiencing quite a bit of buying pressure, and it...
EURUSD remains in short term uptrend from 1.3512, as long as 1.3564 support holds, the uptrend could be expected to continue, and another rise to test 1.3676 resistance is still possible. Only break below 1.3564 support will...
