The EUR/USD pair had a strong showing during the session on Monday, proving the 1.30 level to be supportive yet again. The Friday candle is a shooting star though, so it suggests that we could see resistance...
EURUSD is facing the support of the lower line of the price channel on daily chart. As long as the channel support holds, the price action from 1.3242 could be treated as consolidation of the uptrend from...
The EUR/USD pair tried to rally during the session on Friday, but as you can see failed in the end and formed a shooting star. This shooting star signifies that the market will more than likely continue...
The EUR/USD pair had a slightly positive session on Thursday, as the 1.30 level did in fact offer support as we had suggested. The candle was and exactly impressive, but it does suggest that perhaps there is...
There’s a potential short-term retracement on EUR/USD’s 1-hour time frame which could come into play today. There’s a falling trend line connecting the pair’s recent highs while the 50% Fib is in line with a former...
The EUR/USD pair fell during the session on Wednesday, slamming into the 1.30 level again. This level is obviously supportive, and as a result of course we managed to bounce a little bit from that handle.
The EUR/USD pair had a negative session on Tuesday as we managed to break back below the 1.31 handle. At the end of the day though, the same area that had proved supportive on Monday showed itself...
The EUR/USD pair fell during the session on Monday, but as you can see bounced enough to form a hammer at roughly 1.31 for the session. Because of the shape of this hammer, we believe that a...
EURUSD broke below 1.3170 support, suggesting that the uptrend from 1.2796 had completed at 1.3415 already, deeper decline could be expected, and the target would be at the lower line of the price channel on daily chart.
The EUR/USD pair fell rather hard during the session on Friday, as the Euro continues to suffer at the hands of the Dollar. With the Federal Reserve looking like they are going to pull away from quantitative...
