The EUR/USD pair fell during most of the session on Tuesday, but found the 1.36 level supportive yet again. Because of this, it appears that the market is ready to grind sideways, as this area although supportive,...
EURUSD is in consolidation of the downtrend from 1.3993. Range trading between 1.3612 and 1.3700 would likely be seen in a couple of days. Key resistance is at 1.3734, as long as this level holds, the downtrend...
The EUR/USD pair initially fell during the session on Monday, but found enough support at the 1.36 level to turn things background inform a relatively supportive looking candle. However, the 1.37 level above should be rather resistive,...
EURUSD remains in downtrend from 1.3993, the rise from 1.3613 is likely consolidation of the downtrend. Near term resistance is at the upper line of the price channel on 4-hour chart. As long as the channel resistance...
EURUSD’s downward movement from 1.3993 extended to as low as 1.3613. Further decline is still possible, and next target would be at 1.3500 area. Near term resistance is at 1.3660, only break above this level could bring...
EURUSD’s fall from 1.3993 extended to as low as 1.3615. Deeper decline to test 1.3477 support is still possible, as long as this level holds, the price action from 1.3892 would possibly be consolidation of the uptrend...
The EUR/USD pair initially fell during the course of the session on Friday, but found the 1.36 level supportive enough to bounce slightly. However, this market does look like it’s ready to break down and as a...
The EUR/USD pair fell during the bulk of the session on Wednesday, with that, we feel that the market forming the hammer at this point suggests that the 1.37 level will certainly continue to offer support, and...
EURUSD broke below 1.3648 support, indicating that the downtrend from 1.3993 has resumed. Further decline would likely be seen, and next target would be at 1.3600 area. Resistance is at 1.3734, only break above this level could...
EURUSD’s downward movement from 1.3993 had completed at 1.3648 already, and the pair is now in uptrend. Another rise could be expected and next target would be at 1.3850 area. Support is at 1.3648, only break below...
