EURUSD broke above 1.3832 resistance and reached as high as 1.3892, suggesting that the uptrend from 1.2756 has resumed. Further rise could be expected, and next target would be at 1.4000 area. Support is now at 1.3625,...
The EUR USD pair had an extraordinarily violent move to the upside on Friday, breaking above the 1.38 handle. However, you can see that the market pulled back from that area, signifying that perhaps it was more...
The EUR/USD pair rose during the session on Thursday, bouncing off of the uptrend line that I had drawn on the chart a couple of days ago. Because of this, I believe that this market is going...
EURUSD remains in downtrend from 1.3810, the rise from 1.3625 is likely consolidation of the downtrend. Initial resistance is at 1.3740, as long as this level holds, the downtrend could be expected to resume, and one more...
The EUR/USD pair fell initially during the session on Tuesday, but bounce enough to form a hammer. Obviously, Christmas closed markets on Wednesday, but it does look like we are ready to continue grinding higher. We still...
EURUSD broke below the lower line of the price channel on 4-hour chart, and is now in downtrend from 1.3810, the rise from 1.3625 is likely consolidation of the downtrend. Initial resistance is at 1.3740, as long...
The EUR/USD pair rose during the session on Monday, breaking through the 1.37 level at one point during the day. However, there is a significant amount resistance between here and the 1.38 level, so we think that ultimately this...
EURUSD is now in downtrend from 1.3810, the rise from 1.3625 is treated as consolidation of the downtrend. Further decline would likely be seen over the next several days, and next target would be at 1.3550 area....
EURUSD failed to break above 1.3832 resistance, suggesting that lengthier consolidation of the uptrend from 1.2756 is underway. Range trading between 1.3296 and 1.3832 would likely be seen in a couple of weeks. Initial support is at...
The EUR/USD pair banged around during the session on Friday, ultimately putting out a positive candle, but at the end of the day it still has a fairly neutral feel to it. The market looks like it’s...
