The EUR/USD pair rose during the session on Thursday, bouncing off of the 1.2750 level. This was predicated mainly upon the idea that the Cypriot banks opened without too much in the way of violence or a...
The EUR/USD pair fell rather significantly during the session on Wednesday, breaking the 1.2850 support level. This is a significant turn of events, and now we have to see whether or not the 1.2750 level can hold...
The EUR/USD pair went nowhere during the session on Tuesday as we continue to bump along the bottom. The 1.2850 level is significant support as far as we can tell, and as a result we are not...
The EUR/USD pair fell drastically during the session on Monday after initially trying to drive higher. Once the details of the Cypriot bailout hit the wires, people became very concerned as senior bondholders took a hit in...
There’s a falling trend line connecting the highs on EUR/USD’s 1-hour time frame and a test might be in the works for today. In addition, the gap from the previous weekend might get filled as it is...
EURUSD remains in downtrend from 1.3711, the rise from 1.2843 is likely consolidation of the downtrend. Another fall to 1.2750 area would likely be seen next week. Key resistance is now at 1.3100, only break above this...
The EUR/USD pair had a strong showing on Friday, slamming into the 1.30 level. The real question is what happens when we open up on Monday, as the Cypriot Parliament has voted into law several steps that...
The EUR/USD pair fell during the session on Thursday, but did get a little bit of a bounce towards the end of the day as word got out that the Cypriots may be trying to work towards...
The EUR/USD pair had a bullish showing on Wednesday as the markets bounced high enough to test the 1.30 level again, but as it has over the last three sessions, the level offered too much resistance for...
The EUR/USD pair fell during the session on Tuesday, as the bearishness from the late Monday trading continued. Exaggerating this was the fact that the Cypriot Parliament voted against the so-called “deposit tax” that the troika demanded...