EURUSD broke above 1.3392 key resistance, suggesting that a cycle bottom had been formed at 1.2884 level on daily chart and the rise from 1.2884 is possibly be resumption of the uptrend from 1.2456. Further rise is...
EURUSD is testing 1.3392 key resistance, a break above this level will indicate that a cycle bottom has been formed at 1.2884 level on daily chart, and then further rally could be seen to 1.3500-1.3600 area. If...
EURUSD rebounds from 1.2884, suggesting that a cycle is being formed on daily chart. Further rise is expected to test 1.3392 key resistance next week. A break above this level will confirm the cycle bottom and indicate...
EURUSD breaks below 1.3089 support and the fall from 1.3738 extends further to as low as 1.3017 level. Deeper decline is expected to 1.2750 or even lower. As the next cycle bottom is nearing, rebound would more...
EURUSD might be forming a cycle bottom at 1.3089 on daily chart. Key resistance is located at 1.3582, a break above this level will confirm the cycle bottom, and then further rally could be seen to 1.4350-1.4400...
EURUSD formed a cycle top at 1.3738 level on daily chart. Deeper decline is still possible to 1.2950 zone next week. However, the price action from 1.3738 is more likely correction of the uptrend from 1.2456, one...
Week Summary EURUSD has moved up into a new range within its 4 hourly chart between 1.2695 – 1.3671. It has tested support level at its 50% fib (1.3183). The 4 hourly trend is up, so we...
EURUSD formed a cycle top at 1.3738 level on daily chart. Range trading between 1.2950 and 1.3738 could be seen in a couple of weeks. The price action from .3738 is more likely consolidation of the uptrend...
As expected, EURUSD formed a cycle top at 1.3738 level on daily chart. Consolidation in a range between 1.2950 and 1.3738 is expected in a couple of weeks. Initial resistance is at 1.3738, only rise above this...
Many forex traders in the market would be blind to have not noticed the sharp volatile movements occurring in the world’s primary currency pair: the EUR/USD. This tug-o-war between the two largest world currencies comes about as...
