EURUSD’s fall from 1.3451 extends to as low as 1.3105. Further decline is still possible, and next target would be at 1.3000 area. However, the fall is likely correction of the uptrend from 1.2756, another rise towards...
The EUR/USD pair had a positive session on Friday, as the market went back in the Euro’s favor after a poor jobs number out United States. This is more or less a move suggesting that the Federal...
EUR/USD made new 4-month lows yesterday, as ECB head Draghi confirmed that policymakers discussed the idea of lower interest rates. Meanwhile, the US printed a strong ISM non-manufacturing PMI reading, which extended the Greenback’s rally.
The EUR/USD pair rose during the session on Wednesday, showing that perhaps the hammer that printed on Tuesday is in fact supportive. Now that we are starting to get above the 1.32 level again, it appears that...
The EUR/USD pair fell during the majority of the session on Monday, but as you can see got enough of a bounce in order to form a hammer.
The EUR/USD pair did very little during the session on Monday as you would expect, since the Canadians and Americans were both away for Labor Day celebrations. However, the pair is at an interesting support level, namely...
EURUSD breaks below the lower line of the price channel on daily chart, suggesting that the uptrend from 1.2756 had completed at 1.3451 already. Deeper decline would likely be seen, and the target would be at 1.2900...
The EUR/USD pair fell during most of the session on Friday, but as you can see below the 1.32 level we had enough support come into the marketplace in order to push the market back up, and...
The EUR/USD pair fell hard during the session on Thursday, but as you can see we are still above the 1.32 handle. That is the level we need to see broken to the downside in order to...
EUR/USD’s uptrend seems to be exhausted already as the pair broke below the rising channel support on its 4-hour time frame. The strong red candle close below the 1.3300 major psychological level signifies a possible reversal, probably...
