EURUSD remains in uptrend from 1.3775, the fall from 1.3951 is likely consolidation of the uptrend. Support is now located at the upward trend line on 4-hour chart. As long as the trend line support holds, the...
Tomorrow forex traders will get two important central bank decisions; one from the Bank of England which is likely to have an impact on the British Pound and one from the European Central Bank which should move...
The EUR/USD pair rose during the session on Tuesday, after the Germans printed better than anticipated numbers with the Services PMI announcement. With this, we slammed into the 1.3950 area, but could not break above there. However,...
EURUSD broke above 1.3905 resistance, indicating that the uptrend from 1.3672 has resumed. Further rise could be expected, and next target would be at 1.4000 area. Support is at 1.3870, only break below this level could signal...
EURUSD is facing 1.3905 resistance, a break above this level will indicate that the uptrend from 1.3672 has resumed, then next target would be at 1.4000 area. Support levels are at 1.3810 and 1.3775, only break below...
The EUR/USD pair did very little during the session on Monday as the markets were content to sit just below the 1.39 level. It is at that area of that we start to see significant resistance, so...
EURUSD is now in uptrend from 1.3775. Further rise could be expected, and next target would be at 1.3950 area. Support levels are at 1.3810 and 1.3775, only break below these levels could trigger another fall to1.3700...
EURUSD stays in a trading range between 1.3672 and 1.3966. As long as 1.3672 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.2747 (Apr 4, 2013 low), one...
The EUR/USD pair initially fell during the session on Friday as the nonfarm payroll came out much higher than anticipated. However, we get a significant bounce of the 1.38 handle, and formed a massive hammer. We believe...
EUR/USD is trading inside a symmetrical triangle on its 4-hour time frame as traders can’t quite establish a clear direction on the pair. Price is testing the top of the triangle around the 1.3875 levels but stochastic...
