EURUSD Analysis – November 16, 2013
EURUSD remains in uptrend from 1.2747 (Apr 4 low), the price action from 1.3832 is likely consolidation of the uptrend. Another fall would likely be seen, and the target would be at the lower line of the...
Tag: EURUSD
EUR/USD Forecast November 18, 2013, Technical Analysis
The EUR/USD pair rose during the session on Friday, slamming into the 1.35 handle yet again. This level should offer a significant amount resistance though, and we also can make an argument for the fact that consolidation...
EUR/USD Forecast November 15, 2013, Technical Analysis
The EUR/USD pair fell during the session on Thursday, but found enough support in order to bounce and form a hammer. This hammer looks like it’s a market try to breakout above the 1.35 handle, but we...
EUR/USD Forecast November 14, 2013, Technical Analysis
The EUR/USD pair initially fell during the session on Wednesday, but as you can see bounced high enough in order to form a hammer that is pressing against the 1.35 level. This is interesting because we expect...
EUR/USD Forecast November 12, 2013, Technical Analysis
The EUR/USD pair rose during the session on Monday, breaking back above the 1.34 handle at one point in time. In fact, the market looks like it’s ready to try and attempt to reach the 1.35 handle...
EURUSD Analysis – November 9, 2013
EURUSD breaks below the lower line of the price channel on daily chart, suggesting that the uptrend from 1.2756 had completed at 1.3832 already. Deeper decline would likely be seen, and next target would be at 1.3150...
EUR/USD Forecast November 11, 2013, Technical Analysis
The EUR/USD pair fell during the session on Friday after the nonfarm payroll numbers came out much stronger than anticipated. However, the gap from the middle of September that is centered on the 1.33 handle offered enough...
EUR/USD Forecast November 8, 2013, Technical Analysis
The EUR/USD pair fell during the session on Thursday as the European Central Bank cut rates unexpectedly. The market actually plunged all the way down to the 1.33 handle, where got a significant bounce and we have...
EUR/USD Forecast November 7, 2013, Technical Analysis
The EUR/USD pair rose during the session on Wednesday, breaking the top of the two hammers from the Monday and Tuesday session. This of course is a very bullish sign, and as a result we think that...
EUR/USD Forecast November 6, 2013, Technical Analysis
The EUR/USD pair fell during the session on Tuesday, but remains within a few pips of the 1.35 handle. This area has been supportive and important for some time now, and as a result it does not...