EURUSD is facing 1.3966 resistance, a break above this level will signal resumption of the uptrend from 1.2747 (Apr 4, 2013 low), then the following upward movement could bring price to 1.4500 area. On the other side,...
The EUR/USD pair went back and forth during the session on Friday, essentially settling nothing. At the end of the day, we still find yourselves bullish though, and it appears that a pullback could come though. That...
The EUR/USD pair rose during the session on Thursday, breaking to the 1.39 handle. The market has been relatively parabolic though, so there is the possibility that we will pullback in the near future. However, that pullback...
EURUSD remains in uptrend from 1.3672, and the rise extended to as high as 1.3898. Support is now at 1.3850, as long as this level holds, the uptrend could be expected to continue, and next target would...
EUR/USD recently broke above a falling trend line on its 1-hour time frame, indicating that the downtrend is already over. The pair also surged past the 1.3800 area of interest, suggesting that more gains are in the...
EURUSD’s upward movement from 1.3672 extended to as high as 1.3870. Support is at 1.3815, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.3950 area. On...
The EUR/USD pair rose during the session on Wednesday, continuing the bullish move that we’ve seen over the last three sessions. We are now heading towards the 1.3850 level, an area that could probably offer quite a...
EURUSD broke above the upper line of the price channel on 4-hour chart, suggesting that the downtrend from 1.3966 had completed at 1.3672 already. Further rally would likely be seen, and next target would be at 1.3900...
The EUR/USD pair broke higher during the session on Tuesday, reaching all the way to the 1.38 level. This was our short-term target, and now we have succeeded in what we anticipated happening. That being the case,...
EURUSD stays in the downward price channel on 4-hour chart, and remains in downtrend from 1.3966, the rise from 1.3672 is likely consolidation of the downtrend. Resistance is located at the upper line of the channel. As...
