Tag: EURUSD

The EUR/USD pair has risen and reached resistance from the top of a major down-sloping channel. It has formed a bearish shooting star on the hourly and it could roll-over and fall to support from the trend-line...

The EUR/USD pair fell during the session on Wednesday, to form another negative candle in an already oversold condition. However, the candle did get a bounce later in the day to form a third hammer.

The EUR/USD pair is still rising within a down-sloping channel. It looks like it may be beginning to roll-over and it is possible it will fall eventually to support from the trend-line at 1.2205. There is also...

The EUR/USD pair initially fell during the session on Tuesday as the Federal Reserve Chairman did not explicitly say anything about quantitative easing. However, by the end of the trading day we have seen a nice bounce...

The EUR/USD pair is rising within a down-sloping channel. It will probably reach the upper channel line at 1.2360. The target for the double bottom and the monthly pivot, however, lie slightly higher at 1.2380 – another...

The EUR/USD pair got a nice bounce after initially falling on Monday as the Americans reported a very weak retail sales number. This had people selling the US dollar, and as a result the euro got a...