EURUSD stays in a trading range between 1.3586 and 1.3668. As long as 1.3668 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.3993, and further decline to 1.3500...
EUR/USD is currently finding support at the bottom of the rising channel on the daily time frame while stochastic is indicating deeply oversold conditions. If the support area holds this week, EUR/USD might make its way to...
EUR/USD is currently finding support at the bottom of the rising channel on the daily time frame while stochastic is indicating deeply oversold conditions. If the support area holds this week, EUR/USD might make its way to...
EURUSD remains in downtrend from 1.3993, the rise from 1.3586 is likely consolidation of the downtrend. Resistance is at 1.3668, as long as this level holds, the downtrend could be expected to continue, and next target would...
EURUSD remains in uptrend from 1.2747 (Apr 4, 2013 low), the price action from 1.3892 could be treated as consolidation of the uptrend. Key support is at 1.3477, as long as this level holds, the uptrend could...
The EUR/USD pair tried to rally during the session on Thursday, finding the area above the 1.36 level to be resistive enough to turn things back around and form a shooting star. The shooting star suggests that...
EURUSD’s downward movement from 1.3993 extended to as low as 1.3586. Further decline is still possible, and next target would be at 1.3500 area. Resistance is at 1.3668, only break above this level could signal completion of...
The Euro has corrected sharply over the past two trading weeks. Prior to the press conference held by European Central Bank President Mario Draghi two Thursday’s ago the EURUSD was trading a few pips away from the...
The EUR/USD pair fell during the session on Wednesday, breaking below the 1.36 level towards the end of the day. This is in fact a relatively negative sign, and we believe now that the pair will go...
After consolidation, EURUSD continued its downward movement from 1.3993, and the fall extended to as low as 1.3588. Resistance is now at 1.3668, as long as this level holds, the downtrend could be expected to continue, and...
