The EUR/USD pair had a negative day on Friday, after clocking in an outstandingly bullish day on Thursday. The rest isn’t surprising after that massive move, but the market has stopped at a former gap, which has...
EURUSD’s rise from 1.3146 extended to as high as 1.4246. Further rise is still possible next week and next target would be at 1.4500 area. Support is at 1.3800, only break below this level could indicate that...
The EUR/USD pair shot up during the Thursday session as the EU finally came out with a bailout plan, and so far it looks like the markets like it. The move was quick and strong, and it...
The US Dollar tumbles on the event of Greece bailout by the European Union. The Dollar Index closed below 76.00 to enter historic congestion zone of 74.50-73.40 ranges. Consistent close below 73.00 would reinitiated long-term USD bearishness.The...
The yen renewed its historical maximum against the US dollar.
The EUR/USD pair had a wild day with the EU summit coming to a close, there was back and forth trading, and at the New York close, there were only rumors to trade off of.
The Dollar Index is trading in very important support zone of 75.30-76.00; weekly close below 75.00 would reinitiate long-term dollar bearishness. Though 76.00 ranges are expected to again act important support in short term; historic resistance in...
The EUR/USD pair found itself in a range during the Tuesday session, but ultimately ended up being slightly negative. The upcoming summit today in the EU should continue to drive the pair and its future direction.
The upcoming EU summit is in focus.
Greetings. Let’s take a look at the EUR/USD daily chart. You can see we’re in what looks to be a contracting triangle. So, look for the pair to move up to test the trendline and 1.4000 area...
