The eurodollar pair spiked up over 40 pips this morning before reaching the level of the monthly and weekly pivots at 1.2100 where it has stalled. From there it is possible that the pair will resume their...
The EUR/USD pair fell during the session on Tuesday as the problems in Europe continue. Spanish and Italian bonds continue to spiking yield, and this of course has money running from the European Union. Because of this,...
The EUR/USD has fallen to support from the weekly and monthly pivots at 1.2100 and is currently consolidating; it will probably resume its down-trend and target the 1.1876 lows. However a decisive break of the hammer lows...
Events in the single currency region are deemed to cause a pull on the Euro opposite the US dollar. Things are once more getting tough for the Euro Zone, and the markets are again on edge.
The EUR/USD pair fell significantly during the Monday session, after initially gapping lower. Because of the initial move, many traders got involved in the rout look to be set. However, the American traders sold the Dollar and...
Market review for 9 – 13.07.2012
The eurodollar pair has gapped down today and fallen to support at the current 1.2095 level where the monthly and weekly pivots are both situated together. The gap was probably of the break-away variety and it is...
EURUSD continues its downward movement from 1.2747 and the fall extends to as low as 1.2144. Further decline is still possible over the next several days, and next target would be at 1.2000. Key resistance is now...
EUR/USD pair fell during the Friday session, to test the recent lows at the 1.2150 level. This bearish candle smashed through three hammers and a doji in one sudden move. This suggests to us that the bearish...
The EUR/USD has consolidated in a sideways triangle pattern. It looks almost complete as it narrows into the apex. A break below the 1.2228 level would signal a continuation down, probably to 1.2160 where the weekly pivot...
