EURUSDThe pair is trading within a narrow sideway range since this morning while negative momentum is still appearing on the four-hour chart below. There is no mentionable change and therefore morning expectations will remain intact if we do...
EUR/USD Open 1.2717 High 1.2736 Low 1.2528 Close 1.2723 On Tuesday Euro/Dollar decreased at first, as expected, than recorder significant rise as risk appetite returns to the market. The European currency appreciated from 1.2528 to 1.2736 yesterday,...
EURUSDThe pair attacked the critical 1.2545 support but reversed to the upside to stabilize above it once again. Accordingly our morning scenario is activated and remains valid as far as areas of 1.2470 remain intact.
EURUSDThe critical support area of 1.2545 held against the pair supported by the 50 MA and positive momentum on Stochastic. Therefore, we see the likelihood for an intraday upside move targeting the channel’s resistance at 1.2750; nonetheless, we...
EUR/USD Open 1.2587 High 1.2647 Low 1.2554 Close 1.2593 On Monday Euro/Dollar continued the decreasing impulse, whish started last Friday. The European currency depreciated from 1.2647 to 1.2554 yesterday, in converse the Interbank sentiment projection, at nearly...
EURUSDThe pair is trading around the morning mentioned pivotal support level at 1.2565 in an attempt to build a base and start the suggested bullish wave. Our morning expectations remain intact, supported by Stochastic but keep in...
EURUSD The Euro’s rally, which pushed the single currency to its highest level in more than seven weeks, stalled on Friday as market sentiments towards the Euro remained cautious and some traders bet that its recent upswing...
EUR/USD Open 1.2644 High 1.2719 Low 1.2587 Close 1.2635 On Friday Euro/Dollar continued climbing at first, than dropped, loosing all gains for the last 2 days. The European currency appreciated to 1.2719 on Friday, in line the...
EURUSD broke above 1.2671 key resistance, suggesting that the long term downtrend from 1.5144 has completed at 1.1876 already. Now the pair is in uptrend from 1.1876. Further rally is still possible next week and next target...
EURUSDThe pair is currently trading at the support for the rising wedge shown in our morning report, where it is presently at 1.2660; while Stochastic is gradually unloading the negative momentum. Accordingly we expect the start of...
