EURUSD has formed a cycle bottom at 1.3003 on daily chart. The rise from 1.3003 is likely correction of the downtrend from 1.3486, as long as 1.3486 resistance holds, downtrend could be expected to resume, and another...
The Greece Parliament adopted the new loan agreement.
The EUR/USD pair fell after bouncing around during the Wednesday session. The pair is currently trading just under the 1.3250 resistance area, and it makes sense that it would struggle as a result.
Technical analysis for 21/03 EURUSD The pair is aiming to 1.33143. Resistance: 1.33143, 1.34882, 1.35984 Support: 1.31674, 1.30277, 1.28630
The Dollar Index fall for second consecutive day after entering historic congestion zone of 80.50-81.20. Unusual correlation is observed between the benchmark equity index of the Dow Jones Industrials and the Dollar Index during the past couple...
The EUR/USD pair fell for most of the session on Tuesday as the 1.3250 level held as resistance. However, by the end of the day we saw a bounce in this pair, and the resulting candle was...
The statements of German Chancellor, Ms. Angela Merkel provided support for the Euro currency.
The EUR/USD pair rose during the session on Monday as the markets continue to breathe a sigh of relief after the Greek bailout package was passed. However, the 1.3250 level is just above, and it looks as...
Market review for 12 – 16.03, 2012
The EUR/USD pair rose during the session on Friday as the 1.30 level continues to offer strong support in this pair. The bullish sentiment in the Euro will more than likely be short-term at best, and rallies...
