EURUSD broke above 1.3879 resistance, indicating that the downward movement from 1.3905 had completed at 1.3775 already. The pair is now in uptrend, further rise could be expected after a minor consolidation, and next target would be...
The EUR/USD pair tried to rally during the session on Thursday, but in the end the sellers came into play and push the market back down. The resulting candle of course was a shooting star, and then...
EURUSD is facing 1.3879 resistance, a break above this level will signal resumption of the uptrend from 1.3672, then next target would be at 1.3950 area. On the downside, as long as 1.3879 resistance holds, the rise...
The EUR/USD pair initially fell during the session on Wednesday, touching as low as 1.3770 by the time we turned back around and close much higher. Part of this would’ve been the Federal Reserve announcing that the...
EURUSD remains in downtrend from 1.3905, the rise from 1.3785 could be treated as consolidation of the downtrend. Resistance is now at 1.3879, as long as this level holds, the downtrend could be expected to resume, and...
The EUR/USD pair tried to rally during the session on Tuesday, but found enough resistance above to turn things back around and fall. The market close towards the lows of the day, basically predicated upon buying the...
EURUSD broke above 1.3864 resistance. However, the rise from 1.3785 is likely consolidation of the downtrend from 1.3905, one more fall to 1.3750 area to complete the downward movement is still possible after consolidation. Resistance is at...
The EUR/USD pair went back and forth during the session on Monday, touching as high as the 1.39 region, but also when as low as the 1.38 region. With that, as a result we feel that the...
EURUSD stays in a trading range between 1.3785 and 1.3864. Key resistance is at 1.3864, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend from 1.3905,...
EURUSD moved sideways in a range between 1.3672 and 1.3966. The price action in the range is likely consolidation of the uptrend from 1.2747 (Apr 4, 2013 low). As long as 1.3672 support holds, the uptrend could...
