EURUSD The pair is trading under more negative pressure below the retest level shown above, due to effects from the minor bearish pattern, where its neckline at 1.2470 has been breached. Stochastic entered oversold areas, thus holding...
EURUSD The pair continues its bullish movement according to our previous reports, where through the image above, we expect to reach resistance for the main descending channel after its ongoing strong stance for its support. In overall, we...
EUR/USD Open 1.2533 High 1.2651 Low 1.2305 Close 1.2574After partial recovery, the Euro dropped on Friday with a strong downward impulse. Euro/Dollar climbed from 1.2484 to 1.2651 on Friday, and than lost all gains, in line with...
After breaking below 1.2329 (Oct 28, 2008 low) previous low, EURUSD bounced from 1.2144, suggesting that a cycle bottom is being formed on daily chart. Range trading between 1.2144 and 1.3000 would more likely be seen in...
EURUSD The pair continued downs downside correction reaching 38.2% Fibonacci that meets with the 50 MA. The ability of this level to hold the pair to the upside will help activate the bullish scenario expected for today....
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EURUSD The pair managed to breach the neckline shown in our reports yesterday at 1.2430, while pushing towards the upside to closely near the main key target at 1.2570. This confirms natural trading within the descending channel...
EUR/USD Open 1.2479 High 1.2668 Low 1.2305 Close 1.2483After some hesitation, the recovery of the the Euro continued on Thursday with a strong upward impulse. Euro/Dollar climbed from 1.2305 to 1.2589 yesterday, in converse with the Interbank...
EURUSD The pivotal resistance level at 1.2430 held against the pair’s attempts to ascend and push it to the downside towards the main support, which currently descended towards 1.2270. As pointed in the morning report, we recommend observing...
EURUSD The pair stabilized once again above support for the previously breached descending channel – currently at 1.2275 – while signs of a bullish technical pattern appear in the minor image above could cause a bullish rebound,...
