The EUR/USD pair initially tried to rally during the session on Tuesday, for broke down through the 1.3750 level solidly in order to test 1.37 level. The 1.37 level is in fact a significant barrier for the...
EURUSD’s downward movement from 1.3993 extended to as low as 1.3689. The downtrend could be expected to continue, and next target would be at 1.3600 area. Resistance is at 1.3755, only break above this level will indicate...
The EUR/USD pair did almost nothing during the session on Monday, as the market sits right on top of the 1.3750 level, an area that we know is supportive. That being the case, it appears that the...
EURUSD remains in downtrend from 1.3993. Deeper decline could be expected, and next target would be at 1.3650 area. Resistance is at 1.3795, only break above this level will indicate that consolidation of the downtrend is underway,...
EURUSD’s downward movement from 1.3993 extended to as low as 1.3745. Resistance is at 1.3795, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.3650 area. On...
After touching 1.3966 resistance, EURUSD pulled back from 1.3993, indicating that lengthier consolidation of the uptrend from 1.2747 (Apr 4, 2013 low) is underway. Deeper decline would likely be seen over the next several weeks, and the...
The EUR/USD pair fell like a stone during the session on Friday, as we just simply continue going lower. The market stopped at roughly the 1.3750 handle, an area that is somewhat supportive, but we believe that...
The EUR/USD pair tried to rally during the session on Thursday, mainly predicated upon the fact that the statement from the ECB failed to mention any type of immediate actions to quell the rise of the Euro....
EURUSD broke below the upward trend line on 4-hour chart, indicating that the uptrend from 1.3775 had completed at 1.3993 already. Further decline could be expected, and next target would be at 1.3750 area. Resistance is at...
The EUR/USD pair initially rose during the session on Wednesday, but ended up falling. With that being the case, looks like the markets ready to pull back slightly in this makes sense of course with the ECB...
