The EUR/USD pair fell during the session on Wednesday, but as you can see really didn’t go far in the end. We simply seem to be going sideways overall at the moment, and this makes sense considering...
The EUR/USD pair fell during a majority of the session on Tuesday, but as you can see found enough support below in order to form a hammer. This market continues to find buyers every time it dips,...
The EUR/USD pair fell slightly during the session on Monday, but as you can see remains well within the consolidation area that we have been in for some time.
The ascending channel on EUR/USD’s 4-hour time frame is still pretty solid for now, as the pair just bounced off the bottom recently and is trading around the middle.
The EUR/USD pair rose during the session on Friday, but as you can see really didn’t have a lot of strength to it. In the end, the market has been less than exciting lately, simply consolidating and...
EURUSD broke above 1.3415 resistance, suggesting that the uptrend from 1.2747 has resumed. Further rise could be expected next week, and next target would be at 1.3600 area.
The EUR/USD pair fell during the balance of the session on Thursday, but as you can see bounced enough in order to form a nice looking hammer just above the 1.3350 handle.
The EUR/USD pair fell during the session on Wednesday, as the US dollar gained a little bit of a boost from the minutes that were released out of the Federal Reserve from the last meeting.
The latest Fed minutes have been released and there have been no new hints on tapering. Investors are increasingly nervous and impatient after Bernanke mentioned the much dreaded ‘t-word’; tapering. Currently the U.S. wastes $85 Billion per...
The EUR/USD pair finally broke above the 1.34 handle during the session on Tuesday, and as a result it looks like the Euro is going to in fact beat up on the US dollar.