EURUSD remains in downtrend from 1.3892, the rise from 1.3571 is likely consolidation of the downtrend. Resistance is at 1.3680, as long as this level holds, the downtrend could be expected to resume, and another fall towards...
EURUSD’s downward movement from 1.3892 extends to as low as 1.3578. Resistance is now at 1.3680, as long as this level holds, the downtrend could be expected to continue, and the target would be at 1.3400 area....
EURUSD broke below 1.3625 support, suggesting that the upward movement from 1.3296 had completed at 1.3892 already. Deeper decline would likely be seen, and the target would be at the lower line of the price channel on...
The EUR/USD pair fell again for the second session or a row on Friday, challenging the 1.36 support region. There is a significant amount of support below though, so even though this market looks like it’s going...
The EUR/USD pair fell during the session on Thursday, slamming into the 1.3650 handle. At that area, we have seen support recently, as well as resistance back in November. Because of this, it’s not a huge surprised...
EURUSD broke below the lower line of the price channel on 4-hour chart, suggesting that the uptrend from 1.3296 (Nov 7 low) had completed at 1.3892 already. Further decline would likely be seen over the next several...
The EUR/USD pair did very little during the session on Tuesday, essentially pulling back from the 1.38 level. That being said, we think there are serious amounts of support below, so therefore were looking for supportive candles in order...
The EUR/USD pair rose during the session after initially falling on Monday, but as you can see found trouble at the 1.38 handle yet again. In the end, we believe this is the beginning of for a significant resistance,...
EURUSD remains in uptrend from 1.3296 (Nov 7 low), the price action from 1.3810 could be treated as consolidation of the uptrend. Another fall to the lower line of the price channel on 4-hour chart to complete...
After breaking above .3810 resistance, EURUSD pulled back from 1.3892, suggesting that lengthier consolidation of the uptrend from 1.3296 (Nov 7 low) is underway. Deeper decline to the lower line of the price channel on 4-hour chart...
