EUR/USD Forecast July 25, 2013, Technical Analysis
The EUR/USD pair tried to rally during the session on Wednesday, but as you can see it pulled back enough to form a little bit of a shooting star.
Tag: EURUSD
EUR/USD Forecast July 24, 2013, Technical Analysis
The EUR/USD pair went back and forth during the session on Tuesday, but formed what essentially looks like a hammer at the 1.32 handle. Because of this, we feel that this market is going to continue going...
EUR/USD Forecast July 23, 2013, Technical Analysis
The EUR/USD pair tried to rally during the Monday session, but failed to overcome the 1.32 level. This candle ended up being a shooting star, which of course signals that the bulls may be running out of...
EURUSD Analysis – July 20, 2013
EURUSD stays in a trading range between 1.2756 and 1.3415. Another rise to test 1.3415 resistance would likely be seen next week, as long as this level holds, the price action from 1.2747 could be treated as...
EUR/USD Forecast July 22, 2013, Technical Analysis
The EUR/USD pair had a slightly positive session on Friday, as we got above the 1.31 handle again. What’s been interesting about this pair is that there have been so many hammers form lately, one would think...
EUR/USD Forecast July 18, 2013, Technical Analysis
The EUR/USD pair fell during the session on Wednesday, but did bounce a little bit just below the 1.31 handle in order to form something along the lines of a hammer. This suggests to us that we...
EUR/USD Forecast July 17, 2013, Technical Analysis
The EUR/USD pair rose during the session on Tuesday, breaking the top of all three of the previous hammers that had been printed on the daily chart. We had suggested that the 1.30 level is going to...
EUR/USD Forecast July 16, 2013, Technical Analysis
The EUR/USD pair fell during the session on Monday, but as you can see the 1.30 level offered enough support to make the market bounce and form a hammer. This hammer looks very supportive, just as the...
EURUSD Analysis – July 13, 2013
EURUSD failed to break below 1.2747 support, and rebounded strongly from 1.2756, suggesting that the downward movement from 1.3415 had completed.
EUR/USD Forecast July 15, 2013, Technical Analysis
The EUR/USD pair fell during the balance of the session on Friday, but as you can see the 1.30 level has offered support yet again. Interestingly enough we have seen two hammers in a row now, and...