The EUR/USD pair rose during the session on Friday, but as you can see gaveback quite a bit of the gains. In the end, we ended up forming a shooting star, but there so much in the...
The EUR/USD pair went back and forth during the session on Thursday, ultimately settling on a slightly positive candle. At this moment time, it appears that the market is simply going to go sideways, and therefore we...
The EUR/USD pair tried to rally during the session on Wednesday, but failed to hang onto most of the gains. Because of this, we formed a massive shooting star, which suggests that we are going to fall...
EURUSD failed to break above 1.3864 resistance, indicating that the pair remains in downtrend from 1.3905, the rise from 1.3785 could be treated as consolidation of the downtrend. As long as 1.3864 resistance holds, the downtrend could...
EURUSD remains in downtrend from 1.3905. Deeper decline is still possible and the target would be at 1.3750 area. Resistance levels are at 1.3835 and 1.3905, only break above these levels could trigger another rise towards 1.4000.
The EUR/USD pair tried to rally during the session on Tuesday, but fell from the 1.3835 level to form a shooting star. This suggests that the market is going to continue falling from here, and that a...
The EUR/USD pair initially tried to rally on Monday, but found enough resistance above that the market fell. However, the European tour and even at work during the session, so it’s hard to read too much into...
EURUSD’s downward movement from 1.3905 extended to as low as 1.3786. Deeper decline would likely be seen in a couple of days, and the target would be at 1.3750 area. Key resistance is now at 1.3865, only...
EURUSD remains in downtrend from 1.3905, the rise from 1.3790 could be treated as consolidation of the downtrend. Further decline would likely be seen, and the target would be at 1.3750 area. Resistance levels are at 1.3865...
EURUSD remains in uptrend from 1.2747 (Apr 4, 2013 low), the price action from 1.3966 could be treated as consolidation of the uptrend. Range trading between 1.3672 and 1.3966 would likely be seen over the next several...