EURUSD dropped below the lower border of the rising price channel on daily chart. Range trading between 1.4626 and 1.5144 would more likely be seen next week. As long as 1.4626 support holds, the price action in...
EUR The European Central Bank said on Thursday that it would slowly start withdrawing the emergency liquidity it doled out during the recent economic crisis, stating that the next 12 month refinancing operation for banks would be...
EUR/USD Open 1.5066 High 1.5107 Low 1.5035 Close 1.5044Euro/Dollar continued climbing on Wednesday up to the 1.5107 top, but failed to keep the ascending momentum and corrected down to the 1.5035 bottom, closing the day at 1.5044....
EUR/USD: Now that the EUR has safely breached resistance and survived the Dubai scare let’s take a look at where the EUR may be heading next. In order to project forward we must first look back at...
EUR/USD Open 1.5089 High 1.5114 Low 1.4981 Close 1.5082The Euro calmed after the strong ascending impulse last week because the delayed payment of Dubai to the European banks, which is expected to be temporary, after hitting the...
EUR/USD Open 1.5031 High 1.5081 Low 1.4969 Close 1.5004After the huge rise at the beginning of last week to the new peak at 1.5145, Euro/Dollar lost all gains in the second half of the week, dropping down...
EURUSD stays in a rising price channel on daily chart. Uptrend is expected to continue next week as long as channel support holds, and next target would be at 1.5200-1.5250 area. On the other side, key support...
EUR/USD Open 1.4971 High 1.5131 Low 1.4903 Close 1.5011After the sharp rise on Wednesday, Euro/Dollar started correcting on Thursday down to 1.4963, forming divergence on the daily chart. After unconvincing break up of the downward channel, quotes...
USD Te US Dollar continued its fall on Wednesday after a spate of data releases increased optimism in the US for an economic recovery. Three key pieces of data were released in the last trading session before...
EUR/USD Open 1.5124 High 1.5144 Low 1.4961 Close 1.5136Euro/Dollar made a significant increasing movement on Wednesday, sliding in the upward channel, with later correctional retreats, an indication for a possible upward scenario continuation, for which, however, we...
