EURUSDThe pair built a base on 1.2880 to rush and touch the awaited key target at 1.2985. The negativity of momentum indicators is addin g strength to this level and therefore we should witness some fluctuation and...
EURUSDThe pair pushed to the upside achieving yesterday’s suggested scenario that has halted around 1.2950 due to the negativity of momentum indicators. We expect the pair to attempt some minor bearish correction before resuming the expected bullish intraday...
EUR/USD Open 1.2918 High 1.2953 Low 1.2707 Close 1.2936 On Thursday Euro/Dollar continued rising significantly. The European currency appreciated from 1.2707 to 1.2953 yesterday, not exactly matching the weak positive Interbank sentiment projection, at nearly +5%, closing...
EURUSD The pair breached resistance for the bullish channel that has currently turned into support at 1.2775, shown in the image above. Momentum indicators are still moving in overbought areas, but the stochastic is showing positive crossover...
EURUSDThe pair continued its upside trend yesterday touching resistance for the bullish channel once again that meets with 50% Fibonacci correction. Momentum indicators are still showing negative signs that maintain chances of a minor bearish correction intact,...
EUR/USD Open 1.2740 High 1.2773 Low 1.2681 Close 1.2742 On Wednesday Euro/Dollar traded quietly and within a nearly 100 pips range. The European currency appreciated from 1.2681 to 1.2773 yesterday, matching the weak Interbank sentiment projection, at...
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...
