The EUR/USD pair went back and forth during the session on Wednesday, showing the 1.35 level as being supportive. We still have the 200 EMA just below, which of course offers dynamic support as well. However, we...
EURUSD’s rise from 1.3477 extended to as high as 1.3555. However, the rise is likely consolidation of the downtrend from 1.3739, another fall could be expected after consolidation, and next target would be at 1.3400 area. Resistance...
No changed in our view, EURUSD remains in downtrend from 1.3739. Another fall could be expected after a minor consolidation, and next target would be at 1.3400 area. Resistance is at 1.3570, only break above this level...
The EUR/USD pair continues to meander around the 1.35 handle, as the Tuesday session provided little in the way of volatility. Because of this, I am more and more convinced that the market is essentially going to...
The EUR/USD pair found the 1.35 level supportive in order to bounce during the session on Monday, but really didn’t go anywhere as far as the range is concerned. Yes, we did see the support that we...
EURUSD remains in downtrend from 1.3739, the rise from 1.3477 could be treated as consolidation of the downtrend. Resistance is at 1.3570, as long as this level holds, the downtrend could be expected to continue, and next...
EURUSD broke below 1.3507 support and reached as low as 1.3479, indicating that the downtrend from 1.3892 has resumed. Deeper decline could be expected in a couple of days, and next target would be at 1.3400 area....
EURUSD’s fall from 1.3892 extended to as low as 1.3479. Deeper decline is still possible, and the target would be at the lower line of the price channel on daily chart. However, as long as the channel...
The EUR/USD pair fell during the session on Friday, breaking below the 1.35 handle. This was an area that we had suspected would be significant support, but the fact that we are just 15 pips below it...
EURUSD is facing 1.3507 support, a breakdown below this level will signal resumption of the downtrend from 1.3892, then next target would be at 1.3400 area. However, as long as 1.3507 support holds, lengthier sideways movement could...
