The EUR/USD pair broke higher during the session on Wednesday, but could not break out to the upside. With that being the case, we feel that the market is probably going to attempt to go higher, but...
EURUSD’s short term upward movement from 1.3512 extended to as high as1.3651. Near term support is located at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be...
The EUR/USD pair went back and forth on Tuesday, essentially hugging the 1.63 handle yet again. Because of this, we have no interest in trading this pair of the moment as it is essentially at the direct...
EURUSD moved sideways in a narrow range between 1.3564 and 1.3643. Support is at 1.3564, as long as this level holds, the price action in the range could be treated as consolidation of the short term uptrend...
The EUR/USD pair went back and forth on Monday, essentially settling nothing as we continue to hang about the 1.3600 level. This area is a bit of a magnet for traders, as it is in the middle...
EURUSD remains in short term uptrend from 1.3512. Another rise to test 1.3676 resistance would likely be seen, a break above this level will signal completion of the longer term downtrend from 1.3993 (May 8 high), then...
EURUSD formed a sideways consolidation in a range between 1.3502 and 1.3676. Resistance is at 1.3676, a break above this level will indicate that the downtrend from 1.3993 (May 8 high) had completed at 1.3502 already, then...
EURUSD remains in uptrend from 1.2747 (Apr 4, 2013 low), as long as 1.3477 support holds, the price action from 1.3892 could be treated as consolidation of the uptrend. Near term resistance is at 1.3680, a break...
The EUR/USD pair went back and forth during the session on Friday, as we continue to hover in a fairly tight consolidation zone. With that being the case, we are not interested in plain this market at...
The EUR/USD pair tried to rally during the session on Thursday, but found the area above the 1.36 level to be a bit resistive, and turned things around to form a shooting star. This doesn’t surprise us,...
