The EUR/USD pair rose during the session on Thursday, but gave back about half of its gains for the day by the time we closed. The 1.3050 level continues offer resistance, and the candle almost looks like...
The Dollar Index is trading tight at the short term support of 80.00 ranges; it is currently trading at 80.18 ranges; daily close below 79.80 would result in further depreciation of the US Dollar.
Often markets, confronted by a forthcoming risk event, will weigh the pros and cons of an anticipated outcome. Price will be determined by the collective judgement of the market appraising the involved risk.
The EUR/USD pair fell most of the day on Wednesday as the “risk off” trade came back into play. Looking this chart, we actually have a decent sell signal at the beginning of the session, but you...
The Dollar Index is trading tight at the short term support of 80.00 ranges; it is currently trading at 80.30 ranges; daily close below 79.80 would result in further depreciation of the US Dollar.
The EUR/USD pair fell below the bottom of the hammer from the previous day on Tuesday, and this of course is a massively bearish signal. The fact that we are closing below the lows on Monday suggests...
The EUR/USD pair fell initially during the Monday session but bounced in order to form a hammer. This hammer is at the top of a significant move higher, so it can be considered a sign of continuation.
The Dollar Index is currently trading at 80.00 ranges, after finding resistance at 81.00 ranges from where is sold off during September. Daily close below 79.80 would result in further depreciation of the US Dollar across the...
The Dollar Index falls again from 81.20 ranges from where it has sold off during September. Currently it is trading at 80.30 with 79.90-80.00 acting as important support. Daily close below 79.80 would result in further depreciation...
EURUSD bounces strongly from 1.2661, suggesting that a cycle bottom has been formed on daily chart. Further rise could be expected next week, and next target would be at 1.3100-1.3150 area. Support is at 1.2800, only break...
