EURUSD remains in uptrend from 1.3477, the fall from 1.3914 could be treated as consolidation of the uptrend. Key support is located at the upward trend line on 4-hour chart, as long as the trend line support...
The EUR/USD pair went back and forth during the session on Monday, as we continue to struggle with the downtrend line that forms the channel going lower from the start of the financial crisis. I have stated...
EURUSD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.3477. The uptrend could be expected to continue after a minor consolidation, and next target would be at 1.4000 area. Initial support...
EURUSD’s upward movement from 1.3477 extended to as high as 1.3914. Key support is located at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to...
EURUSD broke above 1.3892 resistance, indicating that the uptrend from 1.2747 (Apr 4, 2013 low) has resumed. Further rise could be expected after a minor consolidation, and next target would be at 1.4200 area. Support is located...
The EUR/USD pair broke above a downtrend line during the session on Friday, but turn things back around and formed a shooting star. Because of this, we feel that the markets probably going to pull back to...
The EUR/USD pair had a strong showing on Thursday, slicing through the 1.38 level, and slamming into what is considered to be the downtrend line from the monthly downtrend channel. Because of this, we believe that the...
EURUSD continued its upward movement from 1.3477, and the rise extended to as high as 1.3872. Initial support is at 1.3800, and the key support is at the upward trend line on 4-hour chart, only a clear...
The EUR/USD pair fell during the session on Wednesday, but as you can see bounced enough to form a hammer. This hammer suggests that the market is going to stay noisy after forming a shooting star on...
EURUSD is facing the support of the upward trend line on 4-hour chart, as long as the trend line support holds, the price action form 1.3773 could be treated as consolidation of the uptrend from 1.3477, one...
