The EUR/USD pair rose during the session on Tuesday, but failed at the 1.38 resistance area in order to turn things back around and form a shooting star. The shooting star of course suggests that the pair...
EURUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.3477, the price action from 1.3773 could be treated as consolidation of the uptrend. As long as the trend line support holds,...
The EUR/USD pair fell during the session on Monday, in response to the Russian invasion of the Crimea. A lot of money left the stock markets in the European Union, and this was probably going to be...
EURUSD remains in uptrend from 1.3477, the fall from 1.3824 is likely consolidation of the uptrend. Support is at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend could...
EURUSD broke above 1.3773 resistance, indicating that the uptrend from 1.3477 has resumed. Further rise could be expected after a minor consolidation, and next target would be at 1.3900 area. Key support is now located at the...
EURUSD is facing 1.3892 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. Support is at 1.3640,...
The EUR/USD pair rose during the session on Friday, slamming into the 1.38 level. This area has served as significant resistance lately, and as a result it isn’t much of a surprise that the market stopped. However,...
The EUR/USD pair initially fell during the session on Thursday, but found enough support below the 1.3650 level to form a decent looking hammer. However, there is so much noise above that we feel that this market...
EURUSD’s fall from 1.3773 extended to as low as 1.3643, the subsequent bounce is likely resumption of the uptrend from 1.3477. Further rise to test 1.3773 resistance could be expected, a break above this level will trigger...
There has been plenty of talk about the European Central Bank and its next steps as more and more signs point to deflationary pressures in several member countries including Spain and Germany. Overall the economic recovery in...
