Tag: EURUSD

The EUR/USD pair tried to rally during the session on Tuesday, but only formed a shooting star suggesting that the buyers simply aren’t stepping in at this point in time. This makes sense, the European Union has...

The EUR/USD has pushed higher and it if moves above the 1.2442 highs again then it could rise further, targeting the monthly pivot at 1.2636. The inverted H&S at the lows on 4-hour chart increases the possibility...

The EUR/USD pair had a massively bullish session during the Friday trading session as the US jobs number came out at positive 165,000 added last month. This got the “risk on trade” back into play, especially considering...

Eurodollar is currently recovering after yesterday’s spike lower. It has formed an ABC correction and reached the lower boundary of the consolidation zone which will probably resist and push the pair back down again. If it breaks...

The EUR/USD looks absolutely horrible after the action on Thursday. We initially had a Spike all the way to 1.24 levels, only to be reversed by the end of the day to close below the 1.22 handle....

The EUR/USD fell to support at 1.2215 but failed to breach it. It has rebounded from there and begun to move up in a rising channel. It has broken out of the upside of this channel and...