EURUSD’s downward movement from 1.3966 extended to as low as 1.3705. Resistance is now located at the downward trend line on 4-hour chart. As long as the trend line resistance holds, the downtrend could be expected to...
EURUSD’s fall from 1.3966 extended to as low as 1.3705. Deeper decline is still possible, and the target would be at 1.3550 area. Resistance is at 1.3875, only break above this level will indicate that the uptrend...
The EUR/USD pair initially fell during the session on Friday, but bounced enough to form a hammer. This hammer suggests that we are going to continue to grind away in this general vicinity, and as a result...
The 1.37 level continues to offer a little bit of a barrier in the EUR/USD pair, as was seen on Thursday. However, it appears that it’s only a matter of time before this market breaks down, but...
EURUSD broke below 1.3749 support, indicating that the downtrend from 1.3966 has resumed. Further decline could be expected in a couple of days, and next target would be at 1.3600 area. Resistance is now at 1.3820, only...
The EUR/USD pair fell during the session on Wednesday, but remains within the consolidation area that we had been in previously. With this, we really don’t see much in this chart to get excited about, and therefore...
EURUSD stays in a trading range between 1.3749 and 1.3875. Resistance is at 1.3875, a break above this level will confirm that the downtrend from 1.3966 had completed at 1.3749 already, then the following upward movement could...
The EUR/USD pair tried to fall apart during the session on Tuesday, but as you can see the 1.3750 level offered enough support to push the market higher, and move it back enough to form a hammer....
EURUSD is bottoming at 1.3749, a break above 1.3875 resistance will confirm that the downward movement from 1.3966 is complete, then the following upward move could bring price to 1.4500 area. Support is at 1.3749, only break...
The EUR/USD pair bounce during the session on Monday, breaking above the 1.38 level by the end of the day, but giving back quite a bit of the gains nonetheless. Because of this, we feel that this...
