The EUR/USD pair had a negative session on Thursday, testing the 1.3750 level as support. The 1.38 level above has acted as resistance, so a pullback could be coming. Nonetheless, we think that is simply going to...
The EUR/USD pair rose during the session on Tuesday, testing the 1.38 level for resistance. That level did in fact offer resistance, and as a result we ended up forming a shooting star. We do not feel...
EURUSD’s bounce from 1.3296 extends to as high as 1.3706. Further rise to test 1.3832 resistance would likely be seen, a break above this level will signal resumption of the uptrend from 1.2756, then next target would...
The EUR/USD pair initially fell during the session on Friday, but as you can see rocketed higher in order to go above the 1.37 level. The resulting candle is a hammer, and it suggests that the market...
The EUR/USD pair initially fell during the session on Wednesday, but as you can see found support right above the 1.35 handle in order to bounce and form a hammer. This hammer of course suggests that we...
EUR/USD is still in its uptrend for now, although the pair was pushed down to test the channel support on the ascending trend line on the 1-hour time frame. A bounce from this area could take the...
The EUR/USD pair went back and forth during the session on Monday, ultimately falling through the 1.3550 level though. This rather bearish candle doesn’t really do much for us though, as we still see significant support below...
EURUSD stays in a upward price channel on daily chart, and remains in uptrend from 1.2747, the fall from 1.3832 is likely consolidation of the uptrend. Range trading between 1.3296 and 1.3832 could be expected to continue...
The EUR/USD pair initially try to go higher during the session on Friday, but as you can see the area above the 1.36 level offered far too much resistance, and the market pullback in order to form...
The EUR/USD pair rose during the Thursday session as the market finally broke above the 1.36 level with some force. This shows strength as far as we can tell, and as a result we are willing to...
