The EUR/USD pair went back and forth during the session on Monday, losing slightly by the end of the day. The resulting candle looks pretty neutral, and as a result we think that this market continues to...
EURUSD is testing 1.3415 resistance, a break above this level will indicate that the uptrend from 1.2042 (Jul 24, 2012 low) has resumed, then further rise towards 1.4500 could be seen.
The EUR/USD pair rose during the session on Friday to continue the consolidation that we’ve seen over the course of the last week.
The EUR/USD pair fell during the session on Thursday, breaking below the range for the Wednesday candle, and signifying that this pair was in fact going to respect the downtrend line that had formed on the weekly...
The EUR/USD pair went back and forth during the session on Wednesday, mainly in reaction to the Federal Reserve meeting minutes that were released at 2:30 PM New York time.
The EUR/USD pair went back and forth during the session on Tuesday, forming what is essentially a flat session. This doesn’t surprise as though, the Federal Reserve has a statement coming out later today, so to think...
The EUR/USD pair fell during the session on Monday, but bounced towards the end of the day to form something along the lines of a hammer. This suggests that the market is going to make a serious...
EURUSD is facing 1.3415 resistance, as long as this level holds, the price action from 1.2747 could be treated as consolidation of the downtrend from 1.3711, and one more fall towards 1.2500 is still possible after consolidation.
The EUR/USD pair went back and forth during the session on Friday, but as you can see got nowhere. Just above the current price action is a downtrend line that forms the top of the descending triangle,...
The EUR/USD pair when higher during the session on Thursday, and broke the top of the shooting star that had formed on Wednesday. Because of this, we deftly feel that this market is going to try and...