EURUSDThe pair pushed to correct the bearish wave mildly, according to the suggested scenario in yesterday’s reports and returned to negatively pressure it to resume trading within the current bearish trend. We notice that momentum indicators have...
EURUSDThe pair was able to achieve the suggested bearish scenario yesterday as it neared the initial key target around 1.2570, but managed to currently push for some bullish correction due to the positive signs which are appearing...
The US dollar is declining on Monday though by far it is partially maintaining positions, gained last week, when the fears about the economic stance made the traders invest in the most liquid currency of the world.
EURUSDThe pair was able to complete forming the expected bearish technical pattern in our last reports, achieving the daily and weekly closing below the breached neckline at 1.2730; therefore, making us to expect a bearish direction for this...
EURUSD: After falling through 1.29 six days ago the EUR has failed to generate a close back above that level after several attempts. The EUR has found short term Support at the 100 day moving average as...
EURUSD broke below 1.2732 support level and the fall from 1.3333 extended to as low as 1.2663. Deeper decline is still possible and the target for next week would be at 1.2500 area. Resistance is at 1.2930,...
EURUSDThe pair ascended quickly towards 1.2900 but managed to built its base once again in front of the pair’s attempts to move to the upside due to support from SMA 50, where it reversed to the downside to...
EURUSDThe pair was able to breach 1.2830 and stabilize below it and thereby activating yesterday’s suggested bearish direction; therefore, we can expect a bearish intraday trend targeting first the breach of the vital support for the short term...
EURUSDThe pair continued fluctuating around pivotal 1.2830, accompanied by the stochastic entering overbought areas and therefore pointing to chances of resuming the expected bearish overall direction this week. From here, we expect a bearish intraday trend that targets...
EURUSDThe pair succeeded at achieving a sharp descend, where it has halted at pivotal support 1.2730 that represents the suggested neckline for the bearish technical pattern, which could help resume more bearish movement on the short run....
