Tag: EURUSD

EUR/USD is inside another consolidation pattern on its 1-hour time frame and, based on previous price action, this could mean another upside break.

The EUR/USD pair initially fell during the session on Wednesday, but as you can see found enough support below in order to pop up and form a hammer. Because of this, if we get above the highs...

The EUR/USD pair shot straight up during the session on Tuesday as the nonfarm payroll numbers came out rather disappointing fashion. That being the case, we clear the 1.37 level with ease, and now it appears that...

The EUR/USD pair fell initially during the session on Monday, but as you can see bounced enough to form a hammer. The Friday candle of course was a shooting star, and as a result we have seen...

EUR/USD has been on a tear after breaking past the 1.3600 major psychological level but it seems that a pullback could happen before the pair rallies any higher.

The EUR/USD pair tried to rally during the session on Friday, but as you can see barely when anywhere in gave up half of what little bit of gains it did get. This tells us that the...

The EUR/USD pair fell during the session on Tuesday, but found the 1.35 level to be supportive enough in order to bounce and form a hammer. This hammer suggests to us that we are to stay within...

A complex head and shoulders pattern seems to be forming on EUR/USD’s 4-hour time frame, as the pair is testing the neckline around the 1.3500 handle.

The EUR/USD pair tried to rally during the session on Monday, and did in fact crack above the 1.36 handle, but as you can see failed miserably and pulled back to form a shooting star.