The EUR/USD pair tried to rally during the session on Wednesday, but as you can see the 1.31 level offered enough resistance to make a shooting star appear. This failure to break above the 1.31 level is...
The EUR/USD pair had a positive session on Tuesday as we managed to break not only above the 1.30 handle decisively, but the 50 day exponential moving averages well. However, we found the 1.31 level as a...
The EUR/USD pair had a back and forth session on Monday, hovering around the 1.30 handle. This is an area that we thought that the Euro could run into trouble, and we have to admit that the...
EURUSD may be forming a cycle bottom at 1.2747 on daily chart. Range trading between 1.2747 and 1.3100 would likely be seen in a couple of weeks. Key resistance is at 1.3100, as long as this level...
The EUR/USD pair rose during the Friday session after the very poor jobs number out United States. The nonfarm payroll number came in at roughly half of what the consensus was, and as a result we saw...
The EUR/USD pair initially fell during the session on Thursday, but after the ECB meeting we saw the Euro gain quite a bit after it is apparent that the ECB isn’t willing to step in and do...
The EUR/USD pair initially fell during the session on Wednesday, but as you can see by the charts we managed to bounce enough to form a hammer. This looks like a market that’s trying to form a...
The EUR/USD pair rose initially during the session on Tuesday, but pulled back and closed just above the 1.28 handle. This market has been rather bearish lately, and it appears that even though we saw a supportive...
EURUSD’s downward movement from 1.3711 extends to as low as 1.2751. Further decline is still possible next week, and next target would be at 1.2500 area. Resistance is at 1.2950, only break above this level will signal...
The EUR/USD pair did very little during the low-volume holiday on Friday, but recent action shows that this pair is without a doubt bearish and its momentum. However, the 1.2750 level has offered enough support to cause...
