EUR/USD Forecast December 20, 2013, Technical Analysis
The EUR/USD pair fell during the session on Thursday, but we still remain above the 1.36 “floor” in this market. We think that that area still will cause a bit of a bounce, so at this low...
Tag: EURUSD
EURUSD Daily Analysis – December 20, 2013
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 1.3810 already. Deeper decline would likely be seen over the next several...
EUR/USD Forecast December 19, 2013, Technical Analysis
The EUR/USD pair initially try to rally during the session on Wednesday, but the 1.38 level offered far too much resistance again. The market really started the selloff though as the Federal Reserve announced that it was...
EURUSD Daily Analysis – December 19, 2013
EURUSD is facing the support of the lower line of the price channel on 4-hour chart. As long as the channel support holds, the uptrend from 1.3296 (Nov 7 low) could be expected to resume, and another...
EUR/USD Forecast December 18, 2013, Technical Analysis
The EUR/USD pair initially fell on Tuesday, but bounce informed the nice-looking hammer above the 1.3750 level. Because of this, we believe that this market is going to continue higher, but recognize the fact that the FMOC...
EURUSD Daily Analysis – December 18, 2013
EURUSD continues its sideways movement in a narrow range between 1.3709 and 1.3810. Support is at the lower line of the price channel on 4-hour chart, as long as the channel support holds, the price action in...
EUR/USD Forecast December 17, 2013, Technical Analysis
The EUR/USD pair tried to rally during the session on Monday, but as you can see failed at the 1.38 level yet again. This area has been resistance for some time now, and as a result we...
EURUSD Daily Analysis – December 17, 2013
EURUSD remains in uptrend from 1.3296, then fall from 1.3810 could be treated as consolidation of the uptrend. Deeper decline could be expected, and the target would be at the lower line of the price channel on...
EURUSD Weekly Analysis – December 14, 2013
EURUSD is facing 1.3832 resistance, a break above this level will indicate that the uptrend from 1.2756 has resumed, then further rise towards 1.4500 could be seen. However, as long as 1.3832 resistance holds, the sideways movement...
EUR/USD Forecast December 16, 2013, Technical Analysis
The EUR/USD pair fell during most of the session on Friday, but as you can see found enough support in the region of the 1.37 level in order to bounce and form a hammer. This hammer suggests...