The EUR/USD pair fell during the session on Wednesday, breaking below the 1.37 level. This is an area that was offering relatively decent support, but the fact that we fell below this area doesn’t exactly trigger a...
EURUSD broke below 1.3686 support, indicating that the uptrend from 1.3477 had completed at 1.3773 already. Deeper decline would likely be seen over the next several days, and next target would be at 1.3550 area. Resistance levels...
The EUR/USD pair went back and forth during the session on Tuesday, but essentially settled nothing by the end of the day. This is the fourth session in a row that has essentially ended of unchanged, and...
EURUSD continues its sideways movement in a narrow range between 1.3686 and 1.3773. The price action in the range is likely consolidation of the uptrend from 1.3477, as long as 1.3686 support holds, another rise to 1.3850...
The EUR/USD pair went back and forth on Monday, essentially settling nothing by the time we closed. The resulting neutral candle suggests that the market still hasn’t made up its mind as to which direction wants to...
EURUSD moved sideways in a narrow range between 1.3686 and 1.3773. As long as the channel support holds, the price action in the range could be treated as consolidation of the uptrend from 1.3477, another rise to...
EURUSD remains in uptrend from 1.3477, the fall from 1.3773 could be treated as consolidation of the uptrend. Initial support is at the bottom of the price channel on 4-hour chart, and the key support is at...
EURUSD broke above 1.3740 resistance. Further rise to test 1.3892 resistance would likely be seen next week, a break above this level will signal resumption of the uptrend from 1.2747 (Apr 4, 2013 low), then next target...
The EUR/USD pair went back and forth during the session on Friday, ultimately settling on a slightly positive candle. The market of course is stuck between the 1.37 level on the bottom, and the 1.38 level on...
The EUR/USD pair went back and forth in a fairly wide range during the session on Thursday in order to print a neutral candle. This neutral candle doesn’t exactly inspire confidence in one direction or the other,...
