EURUSD Analysis – September 28, 2013
EURUSD stays above a upward trend line on daily chart, and remains in uptrend from 1.2756. Further rise could be expected after a minor consolidation, and next target would be at 1.3750 area.
Tag: EURUSD
EUR/USD Forecast September 30, 2013, Technical Analysis
The EUR/USD pair tried to rally during the session on Friday, but as you can see got be back a little bit and formed a shooting star. The 1.35 level continues to offer itself as a trading...
EUR/USD Forecast September 27, 2013, Technical Analysis
The EUR/USD pair fell during the session on Thursday, but remains around the 1.35 level as the market tends to go sideways. This market does need a pullback a little bit though, is simply been a little...
EUR/USD Forecast September 26, 2013, Technical Analysis
The EUR/USD pair rose during the session on Monday, breaking back above the 1.35 handle. This market looks bullish, we still need to get above the shooting star from last week in order to feel comfortable going...
EUR/USD Forecast September 25, 2013, Technical Analysis
The EUR/USD pair initially tried to rally during the session on Tuesday, but as you can see was be back in ended up falling down to the 1.3470 handle. The shape of the candle is a shooting...
EUR/USD Forecast September 24, 2013, Technical Analysis
The EUR/USD pair fell during the session on Monday, finding the 1.35 level rather supportive. However, we would not be surprised at all to see a little bit more of a pullback, perhaps to the 1.34 handle...
Paxforex – Consumer Confidence to Decline
Tomorrow forex traders will be presented with two key data points which may heavily influence the EURUSD currency pair. The size of the move depends on the data and if it delivers a big positive or negative...
EURUSD Analysis – September 21, 2013
EURUSD broke above 1.3451 resistance, suggesting that the uptrend from 1.2756 has resumed. Further rise could be expected, and next target would be at 1.3750 area. Support is now located at the upward trend line on daily...
EUR/USD Forecast September 23, 2013, Technical Analysis
The EUR/USD pair did almost nothing during the session on Friday, but once it fell slightly, you can see that the market did bounce enough to form a little bit of a hammer.
EUR/USD Forecast September 20, 2013, Technical Analysis
The EUR/USD pair had an interesting session on Thursday as we poked above the 1.35 handle, but found ourselves coming back and forming a shooting star.